FTKI vs IZRL
First Trust Small Cap BuyWrite Income ETF vs ARK Israel Innovative Technology ETF
Quick Verdict
IZRL has a lower expense ratio. FTKI delivered stronger 1-year returns. FTKI offers more diversification with 144 holdings.
Side-by-Side Comparison
| Metric | FTKI | IZRL | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.49% | |
| AUM | $25M | $142M | |
| Dividend Yield | 12.53% | 2.55% | |
| Holdings | 170 | 63 | |
| YTD Return | +13.43% | -1.29% | |
| 1Y Return | +20.96% | +13.22% | |
| 3Y Return (annualized) | - | +15.22% | |
| 5Y Return (annualized) | - | -0.14% | |
| Volatility (annualized) | 10.3% | 23.5% | |
| Max Drawdown | -15.2% | -60.0% | |
| Fund Family | First Trust Portfolios (US) | Ark Invest | |
| Category | Equity | Equity | |
| Inception | Feb 26, 2025 | Dec 4, 2017 |
FTKI vs IZRL Performance
First Trust Small Cap BuyWrite Income ETF (FTKI) is a ETF from First Trust Portfolios (US) and ARK Israel Innovative Technology ETF (IZRL) is a ETF from Ark Invest. Over the past year FTKI returned +20.96% while IZRL returned +13.22%. Year to date, FTKI is up 13.43% 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 10.3% for FTKI. 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 -15.2% for FTKI 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 0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FTKI charges 0.85% per year while IZRL charges 0.49%. On a $10,000 position that is $85 vs $49 annually, a gap of $36 per year that compounds over a long holding period. On income, FTKI currently yields 12.53% against 2.55% for IZRL.
Holdings Overlap
FTKI and IZRL share 1 holdings out of 209 unique holdings combined, representing a 0.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FTKI | Weight in IZRL | Difference |
|---|---|---|---|
| ETOR:IL | 0.60% | 1.56% | 0.96% |
Frequently Asked Questions
Which is cheaper, FTKI or IZRL?
FTKI has an expense ratio of 0.85% while IZRL charges 0.49%. IZRL is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, FTKI or IZRL?
Over the past year FTKI returned +20.96% vs +13.22% for IZRL, so FTKI leads on 1-year performance. Over the longest common window we track (2 years), FTKI annualized +12.86% vs +5.32% for IZRL. Past performance does not guarantee future results.
Which is riskier, FTKI or IZRL?
IZRL has been the more volatile fund at 23.5% annualized versus 10.3% for FTKI. Worst drawdown: FTKI -15.2% vs IZRL -60.0%.
Should I hold both FTKI and IZRL?
FTKI and IZRL have a monthly-return correlation of 0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTKI and IZRL?
FTKI and IZRL share 1 common holdings with a 0.6% weight overlap. Combined, they hold 209 unique securities.
Which pays a higher dividend, FTKI or IZRL?
FTKI yields 12.53% while IZRL yields 2.55%, so FTKI currently pays the higher dividend yield.
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