IZRL vs. STHH

Last updated Jun 4, 2026

IZRL (ARK Israel Innovative Technology ETF) and STHH (STMicroelectronics NV ADRhedged) are both Technology Equities funds - IZRL tracks the ARK Israeli Innovation Index while STHH tracks the STMicroelectronics NV Local Shares Total Return. Both are passively managed. Over the past year, IZRL returned 29.75% vs 209.77% for STHH. At a 0.42 correlation, their price movements are largely independent. IZRL charges 0.49%/yr vs 0.19%/yr for STHH.

Performance

IZRL vs. STHH - Performance Comparison

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

Returns By Period

In the year-to-date period, IZRL achieves a 4.08% return, which is significantly lower than STHH's 209.56% return.

IZRL

• 1D: -2.54%
• 1M: 1.92%
• YTD: 4.08%
• 6M: 7.41%
• 1Y: 29.75%
• 3Y*: 20.69%
• 5Y*: 0.63%
• 10Y*: —

STHH

• 1D: 0.46%
• 1M: 45.30%
• YTD: 209.56%
• 6M: 210.55%
• 1Y: 209.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IZRL vs. STHH - Yearly Performance Comparison

	2026 (YTD)	2025
IZRL ARK Israel Innovative Technology ETF	4.08%	40.33%
STHH STMicroelectronics NV ADRhedged	209.56%	16.74%

Correlation

The correlation between IZRL and STHH is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Apr 24, 2025	0.42

Return for Risk

IZRL vs. STHH — Risk / Return Rank

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

IZRL

IZRL Risk / Return Rank: 36
IZRL Sharpe Ratio Rank: 38
IZRL Sortino Ratio Rank: 39
IZRL Omega Ratio Rank: 35
IZRL Calmar Ratio Rank: 33
IZRL Martin Ratio Rank: 32

STHH

STHH Risk / Return Rank: 89
STHH Sharpe Ratio Rank: 96
STHH Sortino Ratio Rank: 90
STHH Omega Ratio Rank: 91
STHH Calmar Ratio Rank: 92
STHH Martin Ratio Rank: 75

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. STHH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Israel Innovative Technology ETF (IZRL) and STMicroelectronics NV ADRhedged (STHH). 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	STHH	Difference
Sharpe ratio: Return per unit of total volatility	1.39	4.20	-2.81
Sortino ratio: Return per unit of downside risk	2.04	4.20	-2.16
Omega ratio: Gain probability vs. loss probability	1.24	1.60	-0.37
Calmar ratio: Return relative to maximum drawdown	1.64	6.23	-4.60
Martin ratio: Return relative to average drawdown	4.81	14.15	-9.33
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. STHH - Sharpe Ratio Comparison

The current IZRL Sharpe Ratio is 1.39, which is lower than the STHH Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of IZRL and STHH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IZRL	STHH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	4.20	-2.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	4.44	-4.18

Drawdowns

IZRL vs. STHH - Drawdown Comparison

The maximum IZRL drawdown since its inception was -59.98%, which is greater than STHH's maximum drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for IZRL and STHH.

Drawdown Indicators

	IZRL	STHH	Difference
Max Drawdown Largest peak-to-trough decline	-59.98%	-33.89%	-26.09%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	-33.89%	+15.62%
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	-15.42%	0.00%	-15.42%
Average Drawdown Average peak-to-trough decline	-25.77%	-10.46%	-15.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.20%	14.90%	-8.70%

Volatility

IZRL vs. STHH - Volatility Comparison

The current volatility for ARK Israel Innovative Technology ETF (IZRL) is 6.12%, while STMicroelectronics NV ADRhedged (STHH) has a volatility of 20.33%. This indicates that IZRL experiences smaller price fluctuations and is considered to be less risky than STHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IZRL	STHH	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.12%	20.33%	-14.21%
Volatility (6M) Calculated over the trailing 6-month period	16.26%	36.77%	-20.51%
Volatility (1Y) Calculated over the trailing 1-year period	21.57%	50.39%	-28.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.27%	49.44%	-25.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	49.44%	-24.60%

IZRL vs. STHH - Expense Ratio Comparison

IZRL has a 0.49% expense ratio, which is higher than STHH's 0.19% expense ratio.

Dividends

IZRL vs. STHH - Dividend Comparison

IZRL's dividend yield for the trailing twelve months is around 2.49%, more than STHH's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IZRL ARK Israel Innovative Technology ETF	2.49%	2.59%	0.45%	0.00%	0.00%	0.34%	0.00%	2.15%	3.08%
STHH STMicroelectronics NV ADRhedged	0.55%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IZRL and STHH in my portfolio?

IZRL and STHH have a correlation of 0.39, 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 STHH?

STHH has higher volatility (20.33%) compared to IZRL (6.12%). In terms of maximum drawdown, IZRL dropped -59.98% vs STHH's -33.89%.

Which ETF is better, IZRL or STHH?

On 1-year performance, STHH leads with 209.77% vs 29.75% for IZRL. On fees, STHH is cheaper at 0.19% per year. On volatility, IZRL has been the lower-risk option at 6.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IZRL or STHH?

Over the 1-year period, STHH has performed better with a 209.77% return vs 29.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IZRL or STHH?

STHH is cheaper with a 0.19% expense ratio, compared with 0.49% for IZRL.

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

IZRL has the higher dividend yield at 2.49%, compared with 0.55% for STHH.

What is the main difference between IZRL and STHH?

IZRL tracks ARK Israeli Innovation Index, while STHH tracks STMicroelectronics NV Local Shares Total Return. They also come from different issuers: ARK and ADRhedged. Their fees differ too: 0.49% for IZRL and 0.19% for STHH.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (4.20 vs 1.39), 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.