ARKD vs. IZRL

Last updated Apr 2, 2026

Compare and contrast key facts about ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ARK Israel Innovative Technology ETF (IZRL).

ARKD and IZRL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023. IZRL is a passively managed fund by ARK that tracks the performance of the ARK Israeli Innovation Index. It was launched on Dec 5, 2017.

Performance

ARKD vs. IZRL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ARK Israel Innovative Technology ETF (IZRL). The values are adjusted to include any dividend payments, if applicable.

ARKD vs. IZRL - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-8.11%
IZRL ARK Israel Innovative Technology ETF	-8.89%

Returns By Period

ARKD

• 1D: 1.22%
• 1M: -3.67%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IZRL

• 1D: 1.67%
• 1M: -3.93%
• YTD: -8.43%
• 6M: -2.88%
• 1Y: 29.27%
• 3Y*: 17.32%
• 5Y*: -2.37%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKD vs. IZRL - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than IZRL's 0.49% expense ratio.

ARKD

ARK 21Shares Digital Asset and Blockchain Strategy ETF

IZRL

ARK Israel Innovative Technology ETF

Return for Risk

ARKD vs. IZRL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IZRL

IZRL Risk / Return Rank: 62
IZRL Sharpe Ratio Rank: 67
IZRL Sortino Ratio Rank: 70
IZRL Omega Ratio Rank: 56
IZRL Calmar Ratio Rank: 63
IZRL Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARKD vs. IZRL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ARK Israel Innovative Technology ETF (IZRL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ARKD	IZRL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.22	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.42	0.20	-1.61

Correlation

The correlation between ARKD and IZRL is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ARKD vs. IZRL - Dividend Comparison

ARKD has not paid dividends to shareholders, while IZRL's dividend yield for the trailing twelve months is around 2.83%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IZRL ARK Israel Innovative Technology ETF	2.83%	2.59%	0.45%	0.00%	0.00%	0.34%	0.00%	2.15%	3.08%

Drawdowns

ARKD vs. IZRL - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum IZRL drawdown of -59.98%. Use the drawdown chart below to compare losses from any high point for ARKD and IZRL.

Drawdown Indicators

	ARKD	IZRL	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-59.98%	+45.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-53.21%	—
Current Drawdown Current decline from peak	-10.43%	-25.59%	+15.16%
Average Drawdown Average peak-to-trough decline	-6.73%	-25.93%	+19.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.66%	—

Volatility

Volatility by Period

	ARKD	IZRL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.96%	24.11%	-3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.96%	24.21%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	24.90%	-3.94%