IZRL vs. SCZ ETF Comparison

Comparison of ARK Israel Innovative Technology ETF (IZRL) to iShares MSCI EAFE Small-Cap ETF (SCZ)
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 *

25

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

iShares MSCI EAFE Small-Cap ETF

SCZ Description The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Small Cap Index (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index represents the small-cap segment of the MSCI EAFE Index. As of June 30, 2012, the underlying index consisted of the following 22 developed market country indexes or regions.

Grade (RS Rating)

Last Trade

$61.06

Average Daily Volume

1,479,451

Number of Holdings *

31

* may have additional holdings in another (foreign) market
Performance
Period IZRL SCZ
30 Days -8.13% -3.16%
60 Days -10.60% -1.26%
90 Days -1.81% 0.38%
12 Months 14.46% 4.68%
10 Overlapping Holdings
Symbol Grade Weight in IZRL Weight in SCZ Overlap
CLBT C 2.21% 0.02% 0.02%
FVRR D 2.13% 0.03% 0.03%
INMD F 2.18% 0.05% 0.05%
ITRN D 2.17% 0.01% 0.01%
NGMS A 2.2% 0.02% 0.02%
RDWR F 2.19% 0.03% 0.03%
RSKD B 2.18% 0.02% 0.02%
SMWB D 2.27% 0.01% 0.01%
TARO A 2.19% 0.02% 0.02%
WKME F 2.18% 0.01% 0.01%
IZRL Overweight 15 Positions Relative to SCZ
Symbol Grade Weight
MGIC A 2.25%
SSYS F 2.22%
PLTK B 2.18%
SPNS B 2.18%
CHKP D 2.18%
CYBR D 2.17%
WIX D 2.16%
AUDC D 2.15%
NICE D 2.14%
TEVA B 2.14%
FROG C 2.14%
CGNT C 2.12%
MNDY C 2.11%
URGN D 2.11%
NNOX D 2.07%
IZRL Underweight 21 Positions Relative to SCZ
Symbol Grade Weight
AEI F -0.15%
TIGO A -0.11%
HAFN B -0.08%
PIXY F -0.05%
TRMD A -0.05%
MLCO D -0.05%
ODD D -0.04%
ZIM A -0.04%
KRNT F -0.03%
ELBM F -0.03%
MNTX F -0.03%
VALN D -0.02%
CALT C -0.02%
SMMF B -0.02%
NNDM D -0.02%
GCBC A -0.01%
VGR D -0.01%
VMAR F -0.01%
PGY F -0.01%
CHGX C -0.01%
RENB F -0.01%
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