IZRL vs. PLTY

Last updated Jun 24, 2026

IZRL (ARK Israel Innovative Technology ETF) and PLTY (YieldMax PLTR Option Income Strategy ETF) are both exchange-traded funds - IZRL is a Technology Equities fund tracking the ARK Israeli Innovation Index, while PLTY is a Derivative Income fund actively managed by YieldMax. IZRL is passively managed, while PLTY is actively managed. Over the past year, IZRL returned 17.20% vs -14.92% for PLTY. At a 0.49 correlation, their price movements are largely independent. IZRL charges 0.49%/yr vs 0.99%/yr for PLTY.

Performance

IZRL vs. PLTY - Performance Comparison

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

Returns By Period

In the year-to-date period, IZRL achieves a -3.14% return, which is significantly higher than PLTY's -26.92% return.

IZRL

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

PLTY

• 1D: -2.42%
• 1M: -12.09%
• YTD: -26.92%
• 6M: -32.83%
• 1Y: -14.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IZRL vs. PLTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IZRL ARK Israel Innovative Technology ETF	-3.14%	36.94%	16.59%
PLTY YieldMax PLTR Option Income Strategy ETF	-26.92%	78.06%	52.50%

Correlation

The correlation between IZRL and PLTY is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Oct 8, 2024	0.49

Return for Risk

IZRL vs. PLTY — Risk / Return Rank

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

IZRL

IZRL Risk / Return Rank: 22
IZRL Sharpe Ratio Rank: 23
IZRL Sortino Ratio Rank: 23
IZRL Omega Ratio Rank: 21
IZRL Calmar Ratio Rank: 21
IZRL Martin Ratio Rank: 22

PLTY

PLTY Risk / Return Rank: 6
PLTY Sharpe Ratio Rank: 6
PLTY Sortino Ratio Rank: 6
PLTY Omega Ratio Rank: 6
PLTY Calmar Ratio Rank: 5
PLTY Martin Ratio Rank: 5

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. PLTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Israel Innovative Technology ETF (IZRL) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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.

	IZRL	PLTY	Difference
Sharpe ratio: Return per unit of total volatility	0.77	-0.35	+1.11
Sortino ratio: Return per unit of downside risk	1.21	-0.21	+1.42
Omega ratio: Gain probability vs. loss probability	1.14	0.97	+0.17
Calmar ratio: Return relative to maximum drawdown	0.95	-0.41	+1.35
Martin ratio: Return relative to average drawdown	2.65	-0.79	+3.43

IZRL vs. PLTY - Sharpe Ratio Comparison

The current IZRL Sharpe Ratio is 0.77, which is higher than the PLTY Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of IZRL and PLTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IZRL vs. PLTY - Drawdown Comparison

The maximum IZRL drawdown since its inception was -59.98%, which is greater than PLTY's maximum drawdown of -36.62%. Use the drawdown chart below to compare losses from any high point for IZRL and PLTY.

Drawdown Indicators

	IZRL	PLTY	Difference
Max Drawdown Largest peak-to-trough decline	-59.98%	-36.62%	-23.36%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	-36.62%	+18.35%
Max Drawdown (3Y) Largest decline over 3 years	-24.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.21%	—	—
Current Drawdown Current decline from peak	-21.29%	-36.62%	+15.33%
Average Drawdown Average peak-to-trough decline	-25.72%	-13.27%	-12.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	19.00%	-12.49%

Volatility

IZRL vs. PLTY - Volatility Comparison

The current volatility for ARK Israel Innovative Technology ETF (IZRL) is 9.37%, while YieldMax PLTR Option Income Strategy ETF (PLTY) has a volatility of 16.40%. This indicates that IZRL experiences smaller price fluctuations and is considered to be less risky than PLTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IZRL	PLTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.37%	16.40%	-7.03%
Volatility (6M) Calculated over the trailing 6-month period	17.76%	32.73%	-14.97%
Volatility (1Y) Calculated over the trailing 1-year period	22.53%	43.35%	-20.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.49%	52.67%	-28.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	52.67%	-27.75%

IZRL vs. PLTY - Expense Ratio Comparison

IZRL has a 0.49% expense ratio, which is lower than PLTY's 0.99% expense ratio.

Dividends

IZRL vs. PLTY - Dividend Comparison

IZRL's dividend yield for the trailing twelve months is around 2.68%, less than PLTY's 125.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IZRL ARK Israel Innovative Technology ETF	2.68%	2.59%	0.45%	0.00%	0.00%	0.34%	0.00%	2.15%	3.08%
PLTY YieldMax PLTR Option Income Strategy ETF	125.34%	112.44%	7.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IZRL and PLTY in my portfolio?

IZRL and PLTY have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IZRL or PLTY?

PLTY has higher volatility (16.40%) compared to IZRL (9.37%). In terms of maximum drawdown, IZRL dropped -59.98% vs PLTY's -36.62%.

Which ETF is better, IZRL or PLTY?

On 1-year performance, IZRL leads with 17.20% vs -14.92% for PLTY. On fees, IZRL is cheaper at 0.49% per year. On volatility, IZRL has been the lower-risk option at 9.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IZRL or PLTY?

Over the 1-year period, IZRL has performed better with a 17.20% return vs -14.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IZRL or PLTY?

IZRL is cheaper with a 0.49% expense ratio, compared with 0.99% for PLTY.

Which ETF pays a higher dividend yield, IZRL or PLTY?

PLTY has the higher dividend yield at 125.34%, compared with 2.68% for IZRL.

What is the main difference between IZRL and PLTY?

IZRL is categorized as Technology Equities, while PLTY is Derivative Income. They also come from different issuers: ARK and YieldMax. Their fees differ too: 0.49% for IZRL and 0.99% for PLTY.

Which has better risk-adjusted returns?

IZRL currently has the higher Sharpe Ratio (0.77 vs -0.35), 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.