IZRL vs. TRUT

Last updated Jun 24, 2026

IZRL (ARK Israel Innovative Technology ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. IZRL is passively managed, while TRUT is actively managed. A 0.59 correlation means they provide meaningful diversification when combined. IZRL charges 0.49%/yr vs 0.13%/yr for TRUT.

Performance

IZRL vs. TRUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Israel Innovative Technology ETF (IZRL) and Vaneck Technology Trusector ETF (TRUT). 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 lower than TRUT's 16.13% return.

IZRL

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

TRUT

• 1D: -3.32%
• 1M: -1.31%
• YTD: 16.13%
• 6M: 14.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IZRL vs. TRUT - Yearly Performance Comparison

	2026 (YTD)	2025
IZRL ARK Israel Innovative Technology ETF	-3.14%	15.23%
TRUT Vaneck Technology Trusector ETF	16.13%	9.76%

Correlation

The correlation between IZRL and TRUT is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.59

Return for Risk

IZRL vs. TRUT — 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

TRUT

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

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. TRUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Israel Innovative Technology ETF (IZRL) and Vaneck Technology Trusector ETF (TRUT). 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	TRUT	Difference
Sharpe ratio: Return per unit of total volatility	0.77	—	—
Sortino ratio: Return per unit of downside risk	1.21	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	0.95	—	—
Martin ratio: Return relative to average drawdown	2.65	—	—

Drawdowns

IZRL vs. TRUT - Drawdown Comparison

The maximum IZRL drawdown since its inception was -59.98%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for IZRL and TRUT.

Drawdown Indicators

	IZRL	TRUT	Difference
Max Drawdown Largest peak-to-trough decline	-59.98%	-18.55%	-41.43%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	—	—
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%	-8.67%	-12.62%
Average Drawdown Average peak-to-trough decline	-25.72%	-5.27%	-20.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	—	—

Volatility

Volatility by Period

	IZRL	TRUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.53%	23.21%	-0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.49%	23.21%	+1.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	23.21%	+1.71%

IZRL vs. TRUT - Expense Ratio Comparison

IZRL has a 0.49% expense ratio, which is higher than TRUT's 0.13% expense ratio.

Dividends

IZRL vs. TRUT - Dividend Comparison

IZRL's dividend yield for the trailing twelve months is around 2.68%, more than TRUT's 0.20% 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%
TRUT Vaneck Technology Trusector ETF	0.20%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IZRL and TRUT in my portfolio?

IZRL and TRUT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IZRL or TRUT?

On fees, TRUT is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IZRL or TRUT?

TRUT is cheaper with a 0.13% expense ratio, compared with 0.49% for IZRL.

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

IZRL has the higher dividend yield at 2.68%, compared with 0.20% for TRUT.

What is the main difference between IZRL and TRUT?

They also come from different issuers: ARK and VanEck. Their fees differ too: 0.49% for IZRL and 0.13% for TRUT.