IZRL vs. DRIV

Last updated Apr 1, 2026

Compare and contrast key facts about ARK Israel Innovative Technology ETF (IZRL) and Global X Autonomous & Electric Vehicles ETF (DRIV).

IZRL and DRIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DRIV is a passively managed fund by Global X that tracks the performance of the Solactive Autonomous & Electric Vehicles Index. It was launched on Apr 13, 2018. Both IZRL and DRIV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IZRL vs. DRIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Israel Innovative Technology ETF (IZRL) and Global X Autonomous & Electric Vehicles ETF (DRIV). The values are adjusted to include any dividend payments, if applicable.

IZRL vs. DRIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IZRL ARK Israel Innovative Technology ETF	-9.94%	36.94%	15.28%	11.39%	-38.61%	-3.55%	34.12%	21.75%	-6.63%
DRIV Global X Autonomous & Electric Vehicles ETF	3.17%	30.42%	-5.04%	26.14%	-34.13%	27.80%	62.76%	28.54%	-21.49%

Returns By Period

In the year-to-date period, IZRL achieves a -9.94% return, which is significantly lower than DRIV's 3.17% return.

IZRL

• 1D: 3.06%
• 1M: -1.54%
• YTD: -9.94%
• 6M: -5.17%
• 1Y: 28.74%
• 3Y*: 16.67%
• 5Y*: -2.69%
• 10Y*: —

DRIV

• 1D: 4.83%
• 1M: -6.54%
• YTD: 3.17%
• 6M: 8.45%
• 1Y: 46.14%
• 3Y*: 10.34%
• 5Y*: 3.79%
• 10Y*: —

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

IZRL vs. DRIV - Expense Ratio Comparison

IZRL has a 0.49% expense ratio, which is lower than DRIV's 0.68% expense ratio.

DRIV

Global X Autonomous & Electric Vehicles ETF

IZRL

ARK Israel Innovative Technology ETF

Return for Risk

IZRL vs. DRIV — Risk / Return Rank

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

IZRL

IZRL Risk / Return Rank: 63
IZRL Sharpe Ratio Rank: 70
IZRL Sortino Ratio Rank: 73
IZRL Omega Ratio Rank: 59
IZRL Calmar Ratio Rank: 60
IZRL Martin Ratio Rank: 51

DRIV

DRIV Risk / Return Rank: 85
DRIV Sharpe Ratio Rank: 84
DRIV Sortino Ratio Rank: 87
DRIV Omega Ratio Rank: 80
DRIV Calmar Ratio Rank: 88
DRIV Martin Ratio Rank: 87

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.

IZRL vs. DRIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Israel Innovative Technology ETF (IZRL) and Global X Autonomous & Electric Vehicles ETF (DRIV). 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.

	IZRL	DRIV	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.64	-0.44
Sortino ratio Return per unit of downside risk	1.80	2.29	-0.49
Omega ratio Gain probability vs. loss probability	1.21	1.30	-0.09
Calmar ratio Return relative to maximum drawdown	1.46	2.70	-1.24
Martin ratio Return relative to average drawdown	4.77	10.20	-5.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IZRL vs. DRIV - Sharpe Ratio Comparison

The current IZRL Sharpe Ratio is 1.20, which is comparable to the DRIV Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of IZRL and DRIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IZRL	DRIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.64	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	0.14	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.39	-0.20

Correlation

The correlation between IZRL and DRIV is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IZRL vs. DRIV - Dividend Comparison

IZRL's dividend yield for the trailing twelve months is around 2.88%, more than DRIV's 1.04% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IZRL ARK Israel Innovative Technology ETF	2.88%	2.59%	0.45%	0.00%	0.00%	0.34%	0.00%	2.15%	3.08%
DRIV Global X Autonomous & Electric Vehicles ETF	1.04%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%

Drawdowns

IZRL vs. DRIV - Drawdown Comparison

The maximum IZRL drawdown since its inception was -59.98%, which is greater than DRIV's maximum drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for IZRL and DRIV.

Drawdown Indicators

	IZRL	DRIV	Difference
Max Drawdown Largest peak-to-trough decline	-59.98%	-41.93%	-18.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	-16.43%	-1.84%
Max Drawdown (5Y) Largest decline over 5 years	-53.21%	-41.93%	-11.28%
Current Drawdown Current decline from peak	-26.81%	-9.25%	-17.56%
Average Drawdown Average peak-to-trough decline	-25.93%	-15.43%	-10.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.59%	4.34%	+1.25%

Volatility

IZRL vs. DRIV - Volatility Comparison

The current volatility for ARK Israel Innovative Technology ETF (IZRL) is 7.89%, while Global X Autonomous & Electric Vehicles ETF (DRIV) has a volatility of 10.61%. This indicates that IZRL experiences smaller price fluctuations and is considered to be less risky than DRIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IZRL	DRIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	10.61%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	19.22%	-3.46%
Volatility (1Y) Calculated over the trailing 1-year period	24.12%	28.35%	-4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.21%	26.73%	-2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.90%	27.35%	-2.45%