IZRL vs. DWMF ETF Comparison

Comparison of ARK Israel Innovative Technology ETF (IZRL) to WisdomTree International Multifactor Fund (DWMF)

IZRL

ARK Israel Innovative Technology ETF

IZRL Description

The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which 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: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.

Grade (RS Rating)

Last Trade

$19.28

Average Daily Volume

24,981

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWMF

WisdomTree International Multifactor Fund

DWMF Description

The investment seeks capital appreciation. The fund, an exchange traded fund ("ETF"), is actively managed using a model-based approach. Under normal circumstances, it will invest at least 80% of its net assets in equity securities of developed markets, excluding the United States and Canada. The advisor generally expects to invest in large and mid-capitalization companies, but it may also invest in small-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.07

Average Daily Volume

9,040

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IZRL	DWMF
30 Days	-8.13%	-1.62%
60 Days	-10.60%	1.87%
90 Days	-1.81%	2.39%
12 Months	14.46%	5.69%

2 Overlapping Holdings

	Symbol	Grade	Weight in IZRL	Weight in DWMF	Overlap
	CHKP	D	2.18%	1.0%	1.0%
	TEVA	B	2.14%	0.71%	0.71%

IZRL Overweight 23 Positions Relative to DWMF

Symbol	Grade	Weight
SMWB	D	2.27%
MGIC	A	2.25%
SSYS	F	2.22%
CLBT	C	2.21%
NGMS	A	2.2%
TARO	A	2.19%
RDWR	F	2.19%
RSKD	B	2.18%
PLTK	B	2.18%
SPNS	B	2.18%
INMD	F	2.18%
WKME	F	2.18%
ITRN	D	2.17%
CYBR	D	2.17%
WIX	D	2.16%
AUDC	D	2.15%
NICE	D	2.14%
FROG	C	2.14%
FVRR	D	2.13%
CGNT	C	2.12%
MNDY	C	2.11%
URGN	D	2.11%
NNOX	D	2.07%

IZRL Underweight 9 Positions Relative to DWMF

Symbol	Grade	Weight
NVS	B	-1.09%
UL	A	-0.61%
CCEP	A	-0.6%
AER	A	-0.5%
MFG	D	-0.46%
SMFG	C	-0.44%
MUFG	D	-0.4%
AGCO	D	-0.39%
STLA	D	-0.25%