IZRL vs. TSLA

Last updated Jun 4, 2026

IZRL (ARK Israel Innovative Technology ETF) is Technology Equities fund tracking the ARK Israeli Innovation Index, while TSLA (Tesla, Inc.) is a stock. Over the past 5 years, IZRL returned 0.63%/yr vs 16.24%/yr for TSLA. At a 0.48 correlation, their price movements are largely independent.

Performance

IZRL vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Israel Innovative Technology ETF (IZRL) and Tesla, Inc. (TSLA). 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 higher than TSLA's -5.79% return.

IZRL

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

TSLA

• 1D: -0.01%
• 1M: 7.95%
• YTD: -5.79%
• 6M: -5.16%
• 1Y: 23.07%
• 3Y*: 25.57%
• 5Y*: 16.24%
• 10Y*: 40.05%

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

IZRL vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IZRL ARK Israel Innovative Technology ETF	4.08%	36.94%	15.28%	11.39%	-38.61%	-3.55%	34.12%	21.75%	-6.17%	1.69%
TSLA Tesla, Inc.	-5.79%	11.36%	62.52%	101.72%	-65.03%	49.76%	743.44%	25.70%	6.89%	2.52%

Correlation

The correlation between IZRL and TSLA is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Dec 6, 2017	0.48

The correlation between IZRL and TSLA shifts across timeframes, from 0.29 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IZRL vs. TSLA — 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

TSLA

TSLA Risk / Return Rank: 55
TSLA Sharpe Ratio Rank: 57
TSLA Sortino Ratio Rank: 53
TSLA Omega Ratio Rank: 51
TSLA Calmar Ratio Rank: 57
TSLA Martin Ratio Rank: 58

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. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Israel Innovative Technology ETF (IZRL) and Tesla, Inc. (TSLA). 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	TSLA	Difference
Sharpe ratio: Return per unit of total volatility	1.39	0.50	+0.89
Sortino ratio: Return per unit of downside risk	2.04	0.97	+1.07
Omega ratio: Gain probability vs. loss probability	1.24	1.12	+0.12
Calmar ratio: Return relative to maximum drawdown	1.64	0.77	+0.86
Martin ratio: Return relative to average drawdown	4.81	1.81	+3.00
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. TSLA - Sharpe Ratio Comparison

The current IZRL Sharpe Ratio is 1.39, which is higher than the TSLA Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of IZRL and TSLA, 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	TSLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	0.50	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.28	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.73	-0.48

Drawdowns

IZRL vs. TSLA - Drawdown Comparison

The maximum IZRL drawdown since its inception was -59.98%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for IZRL and TSLA.

Drawdown Indicators

	IZRL	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-59.98%	-73.63%	+13.65%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	-29.93%	+11.66%
Max Drawdown (3Y) Largest decline over 3 years	-24.60%	-53.77%	+29.17%
Max Drawdown (5Y) Largest decline over 5 years	-53.21%	-73.63%	+20.42%
Max Drawdown (10Y) Largest decline over 10 years	—	-73.63%	—
Current Drawdown Current decline from peak	-15.42%	-13.51%	-1.91%
Average Drawdown Average peak-to-trough decline	-25.77%	-22.73%	-3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.20%	12.84%	-6.64%

Volatility

IZRL vs. TSLA - Volatility Comparison

The current volatility for ARK Israel Innovative Technology ETF (IZRL) is 6.12%, while Tesla, Inc. (TSLA) has a volatility of 12.12%. This indicates that IZRL experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IZRL	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.12%	12.12%	-6.00%
Volatility (6M) Calculated over the trailing 6-month period	16.26%	27.28%	-11.02%
Volatility (1Y) Calculated over the trailing 1-year period	21.57%	46.36%	-24.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.27%	58.85%	-34.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	59.11%	-34.27%

Dividends

IZRL vs. TSLA - Dividend Comparison

IZRL's dividend yield for the trailing twelve months is around 2.49%, while TSLA has not paid dividends to shareholders.

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%
TSLA Tesla, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IZRL and TSLA in my portfolio?

IZRL and TSLA have a correlation of 0.29, 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 TSLA?

TSLA has higher volatility (12.12%) compared to IZRL (6.12%). In terms of maximum drawdown, IZRL dropped -59.98% vs TSLA's -73.63%.

Which has better risk-adjusted returns?

IZRL currently has the higher Sharpe Ratio (1.39 vs 0.50), 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.