FFLV vs IZRL
Fidelity Fundamental Large Cap Value ETF vs ARK Israel Innovative Technology ETF
Quick Verdict
FFLV has a lower expense ratio. FFLV delivered stronger 1-year returns. FFLV offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | FFLV | IZRL | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.49% | |
| AUM | $16M | $142M | |
| Dividend Yield | 1.41% | 2.55% | |
| Holdings | 119 | 63 | |
| YTD Return | +18.17% | -1.29% | |
| 1Y Return | +30.12% | +13.22% | |
| 3Y Return (annualized) | - | +15.22% | |
| 5Y Return (annualized) | - | -0.14% | |
| Volatility (annualized) | 12.3% | 23.5% | |
| Max Drawdown | -16.7% | -60.0% | |
| Fund Family | Fidelity Investments (US) | Ark Invest | |
| Category | Equity | Equity | |
| Inception | Feb 9, 2024 | Dec 4, 2017 |
FFLV vs IZRL Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is a ETF from Fidelity Investments (US) and ARK Israel Innovative Technology ETF (IZRL) is a ETF from Ark Invest. Over the past year FFLV returned +30.12% while IZRL returned +13.22%. Year to date, FFLV is up 18.17% versus a loss of 1.29% for IZRL.
Risk: Volatility and Drawdowns
IZRL has been the more volatile fund, with annualized monthly volatility of 23.5% compared with 12.3% for FFLV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.7% for FFLV and -60.0% for IZRL. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FFLV charges 0.38% per year while IZRL charges 0.49%. On a $10,000 position that is $38 vs $49 annually, a gap of $11 per year that compounds over a long holding period. On income, FFLV currently yields 1.41% against 2.55% for IZRL.
Holdings Overlap
FFLV and IZRL share 0 holdings out of 171 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FFLV or IZRL?
FFLV has an expense ratio of 0.38% while IZRL charges 0.49%. FFLV is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, FFLV or IZRL?
Over the past year FFLV returned +30.12% vs +13.22% for IZRL, so FFLV leads on 1-year performance. Over the longest common window we track (3 years), FFLV annualized +17.59% vs +5.32% for IZRL. Past performance does not guarantee future results.
Which is riskier, FFLV or IZRL?
IZRL has been the more volatile fund at 23.5% annualized versus 12.3% for FFLV. Worst drawdown: FFLV -16.7% vs IZRL -60.0%.
Should I hold both FFLV and IZRL?
FFLV and IZRL have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFLV and IZRL?
FFLV and IZRL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 171 unique securities.
Which pays a higher dividend, FFLV or IZRL?
FFLV yields 1.41% while IZRL yields 2.55%, so IZRL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.