PLTY vs. IZRL
Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and ARK Israel Innovative Technology ETF (IZRL).
PLTY and IZRL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024. 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: PLTY or IZRL.
Correlation
The correlation between PLTY and IZRL is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PLTY vs. IZRL - Performance Comparison
Key characteristics
PLTY:
63.43%
IZRL:
21.10%
PLTY:
-17.89%
IZRL:
-59.98%
PLTY:
-16.76%
IZRL:
-36.02%
Returns By Period
In the year-to-date period, PLTY achieves a 23.03% return, which is significantly higher than IZRL's 7.82% return.
PLTY
23.03%
22.69%
N/A
N/A
N/A
N/A
IZRL
7.82%
-0.47%
21.71%
16.08%
0.18%
N/A
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PLTY vs. IZRL - Expense Ratio Comparison
PLTY has a 0.99% expense ratio, which is higher than IZRL's 0.49% expense ratio.
Risk-Adjusted Performance
PLTY vs. IZRL — Risk-Adjusted Performance Rank
PLTY
IZRL
PLTY vs. IZRL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and ARK Israel Innovative Technology ETF (IZRL). 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
PLTY vs. IZRL - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 15.35%, more than IZRL's 0.42% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | 15.35% | 7.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IZRL ARK Israel Innovative Technology ETF | 0.42% | 0.45% | 0.00% | 0.00% | 0.34% | 0.00% | 2.15% | 3.08% |
Drawdowns
PLTY vs. IZRL - Drawdown Comparison
The maximum PLTY drawdown since its inception was -17.89%, smaller than the maximum IZRL drawdown of -59.98%. Use the drawdown chart below to compare losses from any high point for PLTY and IZRL. For additional features, visit the drawdowns tool.
Volatility
PLTY vs. IZRL - Volatility Comparison
YieldMax PLTR Option Income Strategy ETF (PLTY) has a higher volatility of 25.37% compared to ARK Israel Innovative Technology ETF (IZRL) at 6.27%. This indicates that PLTY's price experiences larger fluctuations and is considered to be riskier than IZRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.