IZRL vs. ITEQ - ETF Comparison
IZRL - ARK Israel Innovative Technology ETF
The ARK Israel Innovative Technology ETF is an index fund that tracks an equal-weighted index of Israeli companies driving disruptive innovation in healthcare, biotechnology, genomics, industrials, manufacturing, the Internet, and IT. The fund provides investors with a concentrated exposure to the Israeli technology sector, with a competitive expense ratio of 0.49%. It is best suited for high-conviction investors seeking niche exposure.
ITEQ - Amplify BlueStar Israel Technology ETF
The Amplify BlueStar Israel Technology ETF is an exchange-traded fund that tracks the BlueStar Israel Global Technology Index, providing investors with exposure to a diversified portfolio of Israeli technology companies.
| IZRL | ITEQ | |
|---|---|---|
| Fund Name | ARK Israel Innovative Technology ETF | Amplify BlueStar Israel Technology ETF |
| Fund Provider | ARK Invest | Amplify Investments |
| Index | ARK Israeli Innovation (USD)(TR) | BlueStar Israel Global Technology Index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.49% | 0.75% |
| Inception Date | 2017-12-05 | 2015-11-02 |
| Number Of Holdings | 45 | 55 |
| Currency | USD | USD |
| Region | Israel | Israel |
| Investment Style | Blend | Blend |
| Market Cap | Blend | Blend |
| Sector | Technology | Technology |
| Sector Detail | Software, Healthcare, Biotechnology | Software |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.