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About ARK Israel Innovative Technology ETF
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Inception date
Dec 5, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ARK Investment Management LLC
Distributor
Foreside Fund Services LLC
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. Any companies from the following industries that are causing technological disruptive innovation are considered for inclusion: Health Technology, Communications, Technology Services, Electronic Technology, Consumer Services, or Producer Manufacturing. Unlike other funds, which allows globally listed companies with Israeli exposure, 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stocks97.93%
Technology Services44.39%
Electronic Technology27.25%
Health Technology12.89%
Communications6.55%
Consumer Services5.13%
Health Services1.72%
Bonds, Cash & Other2.07%
Miscellaneous1.91%
Cash0.16%
Stock breakdown by region
Middle East90.40%
North America9.60%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IZRL invests in stocks. The fund's major sectors are Technology Services, with 44.39% stocks, and Electronic Technology, with 27.25% of the basket. The assets are mostly located in the Middle East region.
IZRL top holdings are Pagaya Technologies Ltd Class A and Qualitau Ltd., occupying 2.71% and 2.67% of the portfolio correspondingly.
IZRL last dividends amounted to 0.10 USD. The year before, the issuer paid 0.10 USD in dividends, which shows a 5.51% increase.
IZRL assets under management is 106.89 M USD. It's risen 8.67% over the last month.
IZRL fund flows account for −16.32 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IZRL pays dividends to its holders with the dividend yield of 0.41%. The last dividend (Dec 30, 2024) amounted to 0.10 USD. The dividends are paid annually.
IZRL shares are issued by ARK Invest LLC under the brand ARK. The ETF was launched on Dec 5, 2017, and its management style is Passive.
IZRL expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
IZRL follows the ARK Israeli Innovation (USD)(TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IZRL invests in stocks.
IZRL price has risen by 9.75% over the last month, and its yearly performance shows a 25.13% increase. See more dynamics on IZRL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.10% over the last month, showed a 10.58% increase in three-month performance and has increased by 25.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 9.10% over the last month, showed a 10.58% increase in three-month performance and has increased by 25.66% in a year.
IZRL trades at a premium (0.56%) meaning the ETF is trading at a higher price than the calculated NAV.