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ISIN
US26924G8704
CUSIP
26924G870
Issuer
ETFMG
Inception Date
Nov 2, 2015
Region
Middle East (Israel)
Leveraged
1x (No leverage)
Index Tracked
BlueStar Israel Global Technology Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$117M

Share Price Chart


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Performance

ITEQ Performance Chart

BlueStar Israel Technology ETF (ITEQ) is up 12.4% since the beginning of the year. ITEQ is currently trading at $65 per share. Investors who bought $1,000 worth of ITEQ shares 5 years ago would now be looking at an investment worth $946.


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S&P 500 Index

Returns By Period

BlueStar Israel Technology ETF (ITEQ) has returned 12.36% so far this year and 23.69% over the past 12 months. Over the last ten years, ITEQ has returned 10.97% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


BlueStar Israel Technology ETF

1D
-0.70%
1M
-0.99%
YTD
12.36%
6M
11.04%
1Y
23.69%
3Y*
13.13%
5Y*
-1.11%
10Y*
10.97%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITEQ Monthly Returns History

Based on dividend-adjusted daily data since Nov 3, 2015, ITEQ's average daily return is +0.05%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.

Historically, 57% of months were positive and 43% were negative. The best month was Apr 2020 with a return of +16.5%, while the worst month was Mar 2020 at -14.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.

On a daily basis, ITEQ closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -11.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.13%-7.71%2.18%7.44%10.81%-4.81%12.36%
20256.36%-5.19%-5.92%2.55%5.34%7.17%-4.20%2.78%5.35%-0.34%-4.45%4.83%13.71%
2024-1.26%6.39%-0.32%-9.04%1.93%2.49%2.06%2.01%0.22%-0.04%10.29%-2.41%11.70%
20237.79%-2.79%0.05%-5.14%5.44%0.16%4.07%-7.76%-7.12%-11.09%14.58%9.75%4.70%
2022-13.91%3.16%-0.29%-10.59%-4.04%-5.81%8.13%-1.18%-9.50%3.47%1.62%-4.31%-30.36%
20213.48%-0.45%-8.24%6.14%-4.16%5.96%-1.06%-0.42%-4.42%6.41%-8.72%-1.31%-8.04%

Benchmark Metrics

BlueStar Israel Technology ETF has an annualized alpha of -1.91%, beta of 1.01, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since November 03, 2015.

  • This ETF participated in 101.26% of S&P 500 Index downside but only 88.42% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 1.01 and R2 of 0.61, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-1.91%
Beta
1.01
0.61
Upside Capture
88.42%
Downside Capture
101.26%

Expense Ratio

ITEQ has an expense ratio of 0.75%, placing it in the medium range.


Return for Risk

Risk / Return Rank

ITEQ ranks 30 for risk / return — below 30% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


ITEQ Risk / Return Rank: 3030
Overall Rank
ITEQ Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
ITEQ Sortino Ratio Rank: 2828
Sortino Ratio Rank
ITEQ Omega Ratio Rank: 2626
Omega Ratio Rank
ITEQ Calmar Ratio Rank: 3737
Calmar Ratio Rank
ITEQ Martin Ratio Rank: 3333
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


ITEQBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.03

Sortino ratioReturn per unit of downside risk

-1.28

Omega ratioGain probability vs. loss probability

1.17

1.37

-0.19

Calmar ratioReturn relative to maximum drawdown

1.82

2.78

-0.96

Martin ratioReturn relative to average drawdown

4.70

12.44

-7.74

Dividends

Dividend History

BlueStar Israel Technology ETF provided a 0.75% dividend yield over the last twelve months, with an annual payout of $0.49 per share.


0.00%0.20%0.40%0.60%0.80%$0.00$0.10$0.20$0.30$0.40$0.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.49$0.49$0.01

Dividend yield

0.75%0.85%0.01%

Monthly Dividends

The table displays the monthly dividend distributions for BlueStar Israel Technology ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.49$0.49
2024$0.01$0.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the BlueStar Israel Technology ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlueStar Israel Technology ETF was 54.63%, occurring on Oct 27, 2023. The portfolio has not yet recovered.

The current BlueStar Israel Technology ETF drawdown is 16.75%.


Related event

Drawdown

Fall

Recovery

Underwater

2023 bear market2023
-54.63%Oct 2023
2y 8mo
5y 4moFeb 2021 - now
COVID crash2020
-36.49%Mar 2020
27d2mo 15d
3mo 12dFeb 2020 - Jun 2020
2016 bear market2016
-21.04%Feb 2016
3mo 8d6mo 6d
9mo 14dNov 2015 - Aug 2016
Rate-hike selloffLate 2018
-19.40%Dec 2018
3mo 21d2mo 3d
5mo 24dSep 2018 - Feb 2019
2020 correction2020
-10.74%Nov 2020
20d1mo 1d
1mo 21dOct 2020 - Dec 2020

Drawdown Indicators


ITEQBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-54.63%

-56.78%

+2.15%

Max Drawdown (1Y)

Largest decline over 1 year

-13.07%

-9.10%

-3.97%

Max Drawdown (3Y)

Largest decline over 3 years

-26.78%

-18.90%

-7.88%

Max Drawdown (5Y)

Largest decline over 5 years

-50.29%

-25.43%

-24.86%

Max Drawdown (10Y)

Largest decline over 10 years

-54.63%

-33.92%

-20.71%

Current Drawdown

Current decline from peak

-16.75%

-1.80%

-14.95%

Average Drawdown

Average peak-to-trough decline

-18.50%

-10.71%

-7.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.05%

2.03%

+3.02%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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