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 Recommended for: Growth
Returns
| Performance | YTD | 1Y | 3Y |
|---|---|---|---|
| ARK Israel Innovative Technology ETF | -0.03% | 37.71% | 15.37% |
Asset Class
Asset type breakdown
IZRL Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Electra Consumer Products (1970) Ltd | 2.21% | |
| Malam - Team Ltd | 2.20% | |
| Plasson Industries Ltd | 2.18% | |
| Ituran Location and Control Ltd | 2.01% | |
| Fattal Holdings (1998) Ltd | 1.99% | |
| UroGen Pharma Ltd | 1.98% | |
| Bet Shemesh Engines Holdings (1997) Ltd | 1.98% | |
| Cellcom Israel Ltd | 1.97% | |
| Hilan Ltd | 1.96% | |
| One Software Technologies Ltd | 1.94% |
IZRL Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 49.82% | |
| Healthcare | 28.15% | |
| Communication Services | 8.94% | |
| Industrials | 8.87% | |
| Consumer Cyclicals | 4.23% |
IZRL Countries
| Countryi | % of market value | |
|---|---|---|
| Africa/Middle East | 83.77% | |
| North America | 14.45% | |
| Asia Developed | 1.78% |
Projected Returns
Returnsbased on historic SIP returns of 8.54% per annum
IZRL Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | IZRL | |
| Exchange | BATS |
| Asset class | Equity |
IZRL Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.49 | i |
| Beta | 1.13 | i |
| Valuations Rates Portfolio PE | 22.41291 | i |
| 3 Year Standard Deviation | 26.01 | i |
About ARK
Founded in 2014, Ark is an investment manager based out of the United States of America. Ark focuses on disruptive technologies and invests specifically in innovative companies that apply them. These technologies include artificial intelligence, DNA sequencing, gene editing, robotics, electric vehicles, energy storage, fintech, 3D printing and blockchain technology. It has also invested in cryptocurrencies.
