IZRL vs. TSLA
Compare and contrast key facts about ARK Israel Innovative Technology ETF (IZRL) and Tesla, Inc. (TSLA).
IZRL is a passively managed fund by ARK Investment Management that tracks the performance of the ARK Israeli Innovation Index. It was launched on Dec 5, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IZRL or TSLA.
Key characteristics
| IZRL | TSLA | |
|---|---|---|
| YTD Return | 5.74% | 29.27% |
| 1Y Return | 25.45% | 52.98% |
| 3Y Return (Ann) | -13.47% | -1.99% |
| 5Y Return (Ann) | -0.12% | 70.37% |
| Sharpe Ratio | 1.13 | 0.74 |
| Sortino Ratio | 1.62 | 1.49 |
| Omega Ratio | 1.20 | 1.18 |
| Calmar Ratio | 0.41 | 0.68 |
| Martin Ratio | 3.39 | 1.95 |
| Ulcer Index | 6.85% | 22.86% |
| Daily Std Dev | 20.65% | 60.53% |
| Max Drawdown | -59.98% | -73.63% |
| Current Drawdown | -45.57% | -21.65% |
Correlation
The correlation between IZRL and TSLA is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IZRL vs. TSLA - Performance Comparison
In the year-to-date period, IZRL achieves a 5.74% return, which is significantly lower than TSLA's 29.27% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IZRL vs. TSLA - Risk-Adjusted Performance 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.
Dividends
IZRL vs. TSLA - Dividend Comparison
Neither IZRL nor TSLA has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
IZRL ARK Israel Innovative Technology ETF | 0.00% | 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% |
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. For additional features, visit the drawdowns tool.
Volatility
IZRL vs. TSLA - Volatility Comparison
The current volatility for ARK Israel Innovative Technology ETF (IZRL) is 7.34%, while Tesla, Inc. (TSLA) has a volatility of 28.02%. 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.