ARK Israel Innovative Technology ETF
The Index is designed to track the price movements of exchange-listed Israeli Companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index 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:
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned -3.3% so far this year. At 0.49% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -1.2% |
| 1 month | -2.5% |
| 3 months | -6.7% |
| 6 months | +3.2% |
| YTD | -3.3% |
| 1 year | +5.7% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat IZRL on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.03% | $97.9B | +$245M | -46bp on fee · 977× the assets · +$245M in over the month | Head-to-head |
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -45bp on fee · 337× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -45bp on fee · 280× the assets · +$103M in over the month | Head-to-head |
| IVV iShares Core S&P 500 ETF | 0.03% | $900.9B | −$14.2B | -46bp on fee · 8987× the assets | Head-to-head |
| VOO Vanguard 500 Index Fund | 0.03% | $500.4B | — | -46bp on fee · 4992× the assets | Head-to-head |