SPDR S&P Kensho Smart Mobility ETF Price & Performance (HAIL)

The SPDR S&P Kensho Smart Mobility ETF (HAIL) is experiencing a critical resistance level at $28.05. Technical analysis suggests a buy signal if this level is surpassed, targeting $28.46, with a stop loss at $27.97. Conversely, a short position is advised near $28.05, aiming for $26.76, with a stop loss at $28.13.1

Electric vehicle (EV) ETFs are gaining traction as a diversified investment option. Popular funds include the Global X Autonomous & Electric Vehicles ETF and the KraneShares Electric Vehicles & Future Mobility ETF. These ETFs offer exposure to EV manufacturers, battery production, and clean energy, aligning with the growing demand for sustainable investments.2

While EV ETFs like the iShares Global Clean Energy ETF and the Invesco WilderHill Clean Energy ETF have shown strong returns in recent years, they carry risks due to market volatility and the evolving nature of the EV industry. Investors are advised to assess expense ratios and management strategies before committing.2