About IZRL ETF
IZRL offers investors focused exposure to the Israeli technology sector. However, the index defines technology companies loosely—widening the scope to include Israeli companies whose main business involves disruptive innovation in genomics, health care, biotechnology, industrials, manufacturing, internet, or information technology. Unlike comparative ETFs, IZRL targets only companies that are incorporated or domiciled in Israel.
The index is equally weighted, which gives more exposure to smaller companies, and rebalanced quarterly. It tracks an equally weighted index of Israeli technology companies and includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems:
(i) health technology,
(ii) communications,
(iii) technology services,
(iv) electronic technology,
(v) consumer services,
(vi) producer manufacturing
