IZRL

ARK Israel Innovative Technology ETF

$29.07

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond to the price and yield performance of the ARK Israel Innovation Index, which is designed to track the performance of companies that are involved in innovative technologies in Israel.

Overview

ETF tracking ARK Israel Innovative Technology ETF

Category Innovation

Issuer ARK Invest

Inception Date 2017-12-05

Market Cap $122.1M

Average Volume N/A

Dividend Yield 0.35%

52-Week Range $19.88 - $29.74

VWAP $29.35

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests primarily in equity securities of Israeli companies that are relevant to the fund's investment theme of disruptive innovation. This includes companies involved in areas such as genomic sequencing, industrial automation, energy storage, artificial intelligence, and the Internet of Things.

✨ Key Features

Focuses on innovative Israeli companies across multiple technology sectors
Provides exposure to the growing Israeli technology ecosystem
Actively managed by ARK Investment Management, a leading provider of thematic ETFs
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a single country
Volatility risk as the fund invests in high-growth, innovative companies
Liquidity risk due to the fund's small asset size and relatively new status
Currency risk as the fund holds Israeli securities

👤 Best For

The ARK Israel Innovative Technology ETF may be suitable for investors seeking exposure to the Israeli technology sector and who have a higher risk tolerance and a long-term investment horizon to potentially benefit from the growth of innovative Israeli companies.