IZRL vs. FSZ ETF Comparison

Comparison of ARK Israel Innovative Technology ETF (IZRL) to First Trust Switzerland AlphaDex Fund (FSZ)
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

$21.56

Average Daily Volume

14,748

Number of Holdings *

25

* may have additional holdings in another (foreign) market
FSZ

First Trust Switzerland AlphaDex Fund

FSZ Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Switzerland Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks and/or depositary receipts that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed by S&P to objectively identify and select securities from the S&P Switzerland BMI Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.46

Average Daily Volume

2,997

Number of Holdings *

3

* may have additional holdings in another (foreign) market
Performance
Period IZRL FSZ
30 Days 5.73% -6.48%
60 Days 9.08% -5.34%
90 Days 6.40% -5.44%
12 Months 19.30% 7.52%
0 Overlapping Holdings
Symbol Grade Weight in IZRL Weight in FSZ Overlap
IZRL Overweight 25 Positions Relative to FSZ
Symbol Grade Weight
SMWB A 2.78%
FVRR B 2.72%
SSYS B 2.54%
PLTK B 2.33%
INMD C 2.19%
CYBR A 2.16%
MGIC D 2.13%
WIX A 2.12%
CGNT B 2.1%
FROG C 2.07%
RDWR B 2.07%
ITRN B 2.04%
NICE D 2.02%
WKME A 2.02%
CLBT B 2.0%
RSKD F 1.97%
NNOX D 1.96%
BWAY B 1.9%
TEVA C 1.9%
MNDY D 1.87%
MDWD D 1.8%
AUDC D 1.78%
URGN F 1.78%
CHKP C 1.75%
SPNS F 1.54%
IZRL Underweight 3 Positions Relative to FSZ
Symbol Grade Weight
ABBV F -4.18%
NVS D -2.4%
LOGI F -1.34%
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