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IZRL

ARK Israel Innovative Technology ETF·CBOE
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Key Stats

Assets Under Management
134.73MUSD
Fund Flows (1Y)
1.05MUSD
Dividend Yield
2.47%
Discount/Premium to NAV
0.65%
Shares Outstanding
4.40M
Expense Ratio
0.49%

About ARK Israel Innovative Technology ETF

Issuer
ARK
Brand
ARK
Inception Date
Dec 5, 2017
Structure
Open-Ended Fund
Index Tracked
Ark Israeli Innovation Index
Management Style
Passive
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

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Broad Technology
Strategy
Equal
Geography
Developed Markets
Weighting Scheme
Equal
Selection Criteria
Market cap

Analysis

Sector

Technology

51.86%

Communication Services

14.89%

Healthcare

12.64%

Industrials

9.16%

Consumer Cyclical

8.59%

Financial Services

1.52%

Consumer Defensive

1.34%

Asset

Holdings

Symbol

Ratio

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RP OPTICAL LAB LTD

2.91%
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TSEM

Tower Semiconductor
2.67%
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TEVA

Teva Pharmaceutical
2.58%
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TBLA

Taboola.com
2.39%
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URGN

UroGen Pharma
2.19%
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ISROTEL LTD

2.17%

Symbol

Ratio

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FROG

Jfrog
2.09%
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MAGIC SOFTWARE ENTERPRISES

2.08%
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QUALITAU LTD

2.07%
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TELSYS LTD

2.01%

Top 10 Weight 23.16%

10 Total Holdings

See all holdings

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