- ISIN
- US26924G8704
- CUSIP
- 26924G870
- Issuer
- ETFMG
- Inception Date
- Nov 2, 2015
- Region
- Middle East (Israel)
- Category
- Technology Equities
- 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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.13% | -7.71% | 2.18% | 7.44% | 10.81% | -4.81% | 12.36% | ||||||
| 2025 | 6.36% | -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% |
| 2023 | 7.79% | -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% |
| 2021 | 3.48% | -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
- R²
- 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.
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.
| ITEQ | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 27d | 2mo 15d | 3mo 12dFeb 2020 - Jun 2020 |
2016 bear market2016 | -21.04%Feb 2016 | 3mo 8d | 6mo 6d | 9mo 14dNov 2015 - Aug 2016 |
Rate-hike selloffLate 2018 | -19.40%Dec 2018 | 3mo 21d | 2mo 3d | 5mo 24dSep 2018 - Feb 2019 |
2020 correction2020 | -10.74%Nov 2020 | 20d | 1mo 1d | 1mo 21dOct 2020 - Dec 2020 |
Drawdown Indicators
| ITEQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -16.75% | -1.80% | -14.95% |
Average DrawdownAverage peak-to-trough decline | -18.50% | -10.71% | -7.79% |
Ulcer IndexDepth 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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