IZRL vs. EIS ETF Comparison

Comparison of ARK Israel Innovative Technology ETF (IZRL) to iShares MSCI Israel Capped Investable Market Index Fund (EIS)

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

$19.40

Average Daily Volume

31,601

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EIS

iShares MSCI Israel Capped Investable Market Index Fund

EIS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Israel Capped Investable Market Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a custom, free float-adjusted market capitalization index designed to measure broad-based equity market performance in Israel. The underlying index consists of stocks traded primarily on the Tel Aviv Stock Exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.08

Average Daily Volume

43,990

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IZRL	EIS
30 Days	-7.53%	-7.30%
60 Days	-6.05%	-5.02%
90 Days	-0.82%	1.36%
12 Months	15.51%	11.54%

15 Overlapping Holdings

Symbol	Grade	Weight in IZRL	Weight in EIS	Overlap
CHKP	D	2.18%	7.95%	2.18%
CLBT	C	2.21%	0.28%	0.28%
CYBR	C	2.17%	5.3%	2.17%
FVRR	D	2.13%	0.35%	0.35%
INMD	F	2.18%	0.72%	0.72%
ITRN	D	2.17%	0.21%	0.21%
MNDY	C	2.11%	2.83%	2.11%
NGMS	A	2.2%	0.21%	0.21%
RDWR	D	2.19%	0.34%	0.34%
RSKD	B	2.18%	0.25%	0.25%
SMWB	C	2.27%	0.11%	0.11%
TARO	A	2.19%	0.21%	0.21%
TEVA	B	2.14%	7.7%	2.14%
WIX	D	2.16%	3.56%	2.16%
WKME	F	2.18%	0.09%	0.09%

IZRL Overweight 10 Positions Relative to EIS

Symbol	Grade	Weight
MGIC	A	2.25%
SSYS	F	2.22%
PLTK	D	2.18%
SPNS	A	2.18%
AUDC	C	2.15%
NICE	D	2.14%
FROG	C	2.14%
CGNT	C	2.12%
URGN	F	2.11%
NNOX	D	2.07%

IZRL Underweight 8 Positions Relative to EIS

Symbol	Grade	Weight
GLBE	D	-1.77%
ZIM	B	-0.59%
ODD	F	-0.55%
ELBM	F	-0.43%
KRNT	D	-0.42%
NNDM	F	-0.3%
SMMF	A	-0.27%
PGY	F	-0.17%