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IZRL vs. EINC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IZRL vs. EINC

Last updated Jun 24, 2026

IZRL (ARK Israel Innovative Technology ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - IZRL is a Technology Equities fund tracking the ARK Israeli Innovation Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 5 years, IZRL returned -1.47%/yr vs 21.18%/yr for EINC. At a 0.35 correlation, their price movements are largely independent. IZRL charges 0.49%/yr vs 0.45%/yr for EINC.

Performance

IZRL vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Israel Innovative Technology ETF (IZRL) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IZRL achieves a -3.14% return, which is significantly lower than EINC's 25.97% return.

IZRL

1D
-1.26%
1M
-7.04%
YTD
-3.14%
6M
-1.99%
1Y
17.20%
3Y*
17.14%
5Y*
-1.47%
10Y*
—

EINC

1D
1.37%
1M
-4.50%
YTD
25.97%
6M
25.98%
1Y
29.82%
3Y*
30.36%
5Y*
21.18%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IZRL vs. EINC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IZRL
ARK Israel Innovative Technology ETF		-3.14%36.94%15.28%11.39%-38.61%-3.55%34.12%21.75%-6.17%0.00%
EINC
VanEck Energy Income ETF		25.97%7.11%42.79%15.55%19.18%38.05%-19.89%16.98%-19.85%2.14%

Correlation

The correlation between IZRL and EINC is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (5Y)
Calculated over the trailing 5-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Dec 5, 2017

0.35

The correlation between IZRL and EINC shifts across timeframes, from -0.12 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

IZRL vs. EINC - Sectors Allocation Comparison

Sectors
IZRL
EINC

Technology

36.7%

-

Healthcare

14.9%

-

Communication Services

10.8%

-

Financial Services

5.1%

-

Industrials

3.2%
2.5%

Consumer Cyclical

2.0%

-

Consumer Defensive

1.8%

-

Basic Materials

-

-

Energy

-

99.4%

Real Estate

-

-

Utilities

-

0.6%

Technology

IZRL
36.7%
EINC

-

Healthcare

IZRL
14.9%
EINC

-

Communication Services

IZRL
10.8%
EINC

-

Financial Services

IZRL
5.1%
EINC

-

Industrials

IZRL
3.2%
EINC
2.5%

Consumer Cyclical

IZRL
2.0%
EINC

-

Consumer Defensive

IZRL
1.8%
EINC

-

Basic Materials

IZRL

-

EINC

-

Energy

IZRL

-

EINC
99.4%

Real Estate

IZRL

-

EINC

-

Utilities

IZRL

-

EINC
0.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ARK Israel Innovative Technology ETF

VanEck Energy Income ETF

Often compared with IZRL:
IZRL vs. EISIZRL vs. ITEQIZRL vs. ISRAIZRL vs. VOOIZRL vs. SPYIZRL vs. QQQIZRL vs. HACK
Often compared with EINC:
EINC vs. XLEEINC vs. BIZDEINC vs. EMLPEINC vs. SMHEINC vs. IXCEINC vs. VPUEINC vs. ERY

Return for Risk

IZRL vs. EINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IZRL
IZRL Risk / Return Rank: 2222
Overall Rank
IZRL Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
IZRL Sortino Ratio Rank: 2323
Sortino Ratio Rank
IZRL Omega Ratio Rank: 2121
Omega Ratio Rank
IZRL Calmar Ratio Rank: 2121
Calmar Ratio Rank
IZRL Martin Ratio Rank: 2222
Martin Ratio Rank
EINC
EINC Risk / Return Rank: 6464
Overall Rank
EINC Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
EINC Sortino Ratio Rank: 6060
Sortino Ratio Rank
EINC Omega Ratio Rank: 6060
Omega Ratio Rank
EINC Calmar Ratio Rank: 7777
Calmar Ratio Rank
EINC Martin Ratio Rank: 5757
Martin Ratio Rank
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. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Israel Innovative Technology ETF (IZRL) and VanEck Energy Income ETF (EINC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IZRLEINCDifference
Sharpe ratioReturn per unit of total volatility
0.77
1.99

-1.22

Sortino ratioReturn per unit of downside risk
1.21
2.67

-1.46

Omega ratioGain probability vs. loss probability

1.14

1.35

-0.21

Calmar ratioReturn relative to maximum drawdown

0.95

3.80

-2.85

Martin ratioReturn relative to average drawdown

2.65

9.63

-6.98

IZRL vs. EINC - Sharpe Ratio Comparison

The current IZRL Sharpe Ratio is 0.77, which is lower than the EINC Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of IZRL and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IZRL vs. EINC - Drawdown Comparison

The maximum IZRL drawdown since its inception was -59.98%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for IZRL and EINC.

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Drawdown Indicators

IZRLEINCDifference

Max Drawdown

Largest peak-to-trough decline

-59.98%

-87.55%

+27.57%

Max Drawdown (1Y)

Largest decline over 1 year

-18.27%

-7.89%

-10.38%

Max Drawdown (3Y)

Largest decline over 3 years

-24.60%

-16.01%

-8.59%

Max Drawdown (5Y)

Largest decline over 5 years

-53.21%

-19.87%

-33.34%

Max Drawdown (10Y)

Largest decline over 10 years

—

-68.85%

—

Current Drawdown

Current decline from peak

-21.29%

-4.50%

-16.79%

Average Drawdown

Average peak-to-trough decline

-25.72%

-44.15%

+18.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.51%

3.10%

+3.41%

Volatility

IZRL vs. EINC - Volatility Comparison

ARK Israel Innovative Technology ETF (IZRL) has a higher volatility of 9.37% compared to VanEck Energy Income ETF (EINC) at 6.51%. This indicates that IZRL's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IZRLEINCDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.37%

6.51%

+2.86%

Volatility (6M)

Calculated over the trailing 6-month period

17.76%

11.88%

+5.88%

Volatility (1Y)

Calculated over the trailing 1-year period

22.53%

15.10%

+7.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.49%

19.54%

+4.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.92%

25.43%

-0.51%

IZRL vs. EINC - Expense Ratio Comparison

IZRL has a 0.49% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

IZRL vs. EINC - Dividend Comparison

IZRL's dividend yield for the trailing twelve months is around 2.68%, less than EINC's 3.51% yield.

PositionTTM20252024202320222021202020192018201720162015
EINC
VanEck Energy Income ETF		3.51%4.51%3.33%3.77%2.89%6.03%6.69%9.66%11.31%8.53%9.71%28.53%
IZRL
ARK Israel Innovative Technology ETF		2.68%2.59%0.45%0.00%0.00%0.34%0.00%2.15%3.08%0.00%0.00%0.00%

Frequently Asked Questions

IZRL and EINC have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IZRL has higher volatility (9.37%) compared to EINC (6.51%). In terms of maximum drawdown, IZRL dropped -59.98% vs EINC's -87.55%.

On 5-year performance, EINC leads with 21.18% vs -1.47% for IZRL. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, EINC has performed better with a 21.18% return vs -1.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EINC is cheaper with a 0.45% expense ratio, compared with 0.49% for IZRL.

EINC has the higher dividend yield at 3.51%, compared with 2.68% for IZRL.

IZRL is categorized as Technology Equities, while EINC is Energy Equities. IZRL tracks ARK Israeli Innovation Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: ARK and VanEck. Their fees differ too: 0.49% for IZRL and 0.45% for EINC.

EINC currently has the higher Sharpe Ratio (1.99 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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