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EIS vs. ISRA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EIS vs. ISRA

Last updated Jun 24, 2026

EIS (iShares MSCI Israel ETF) and ISRA (VanEck Israel ETF) are both exchange-traded funds - EIS is a Foreign Large Cap Equities fund tracking the MSCI Israel Capped Investable Market Index (Net), while ISRA is a Global Equities fund tracking the BlueStar Israel Global Index. Both are passively managed. Over the past 10 years, EIS returned 11.61%/yr vs 10.44%/yr for ISRA. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.59% expense ratio.

Performance

EIS vs. ISRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Israel ETF (EIS) and VanEck Israel ETF (ISRA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EIS achieves a 9.26% return, which is significantly higher than ISRA's 6.18% return. Over the past 10 years, EIS has outperformed ISRA with an annualized return of 11.61%, while ISRA has yielded a comparatively lower 10.44% annualized return.

EIS

1D
-1.31%
1M
-10.17%
YTD
9.26%
6M
6.96%
1Y
35.91%
3Y*
31.69%
5Y*
12.91%
10Y*
11.61%

ISRA

1D
-1.08%
1M
-9.56%
YTD
6.18%
6M
3.67%
1Y
27.64%
3Y*
24.33%
5Y*
6.87%
10Y*
10.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EIS vs. ISRA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EIS
iShares MSCI Israel ETF		9.26%45.11%34.50%5.48%-27.05%22.83%12.01%20.93%-4.84%12.77%
ISRA
VanEck Israel ETF		6.18%36.98%26.03%-0.08%-25.76%10.06%28.21%26.77%-7.04%15.07%

Correlation

The correlation between EIS and ISRA is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.94

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (5Y)
Calculated over the trailing 5-year period

0.93

Correlation (10Y)
Calculated over the trailing 10-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Jun 26, 2013

0.88

The correlation between EIS and ISRA has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

EIS vs. ISRA - Sectors Allocation Comparison

Sectors
EIS
ISRA

Financial Services

32.3%
37.0%

Technology

19.5%
23.4%

Industrials

11.2%
10.4%

Healthcare

9.6%
11.3%

Real Estate

8.9%
4.7%

Utilities

6.3%
5.7%

Consumer Cyclical

2.7%
1.9%

Communication Services

2.5%
1.9%

Energy

2.3%
1.9%

Consumer Defensive

1.8%
1.5%

Basic Materials

1.7%
0.3%

Financial Services

EIS
32.3%
ISRA
37.0%

Technology

EIS
19.5%
ISRA
23.4%

Industrials

EIS
11.2%
ISRA
10.4%

Healthcare

EIS
9.6%
ISRA
11.3%

Real Estate

EIS
8.9%
ISRA
4.7%

Utilities

EIS
6.3%
ISRA
5.7%

Consumer Cyclical

EIS
2.7%
ISRA
1.9%

Communication Services

EIS
2.5%
ISRA
1.9%

Energy

EIS
2.3%
ISRA
1.9%

Consumer Defensive

EIS
1.8%
ISRA
1.5%

Basic Materials

EIS
1.7%
ISRA
0.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Israel ETF

VanEck Israel ETF

Often compared with EIS:
EIS vs. IZRLEIS vs. SPYEIS vs. VOOEIS vs. ITEQEIS vs. QQQEIS vs. EGPTEIS vs. EPU
Often compared with ISRA:
ISRA vs. IZRLISRA vs. ITEQISRA vs. VOOISRA vs. VTISRA vs. ACWIISRA vs. SCHGISRA vs. BIZD

Return for Risk

EIS vs. ISRA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EIS
EIS Risk / Return Rank: 5050
Overall Rank
EIS Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
EIS Sortino Ratio Rank: 4747
Sortino Ratio Rank
EIS Omega Ratio Rank: 4444
Omega Ratio Rank
EIS Calmar Ratio Rank: 6060
Calmar Ratio Rank
EIS Martin Ratio Rank: 5454
Martin Ratio Rank
ISRA
ISRA Risk / Return Rank: 4343
Overall Rank
ISRA Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
ISRA Sortino Ratio Rank: 3939
Sortino Ratio Rank
ISRA Omega Ratio Rank: 3535
Omega Ratio Rank
ISRA Calmar Ratio Rank: 5353
Calmar Ratio Rank
ISRA Martin Ratio Rank: 5151
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.

EIS vs. ISRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Israel ETF (EIS) and VanEck Israel ETF (ISRA). 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.

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.

EISISRADifference
Sharpe ratioReturn per unit of total volatility
1.55
1.31

+0.24

Sortino ratioReturn per unit of downside risk
2.22
1.90

+0.32

Omega ratioGain probability vs. loss probability

1.27

1.23

+0.04

Calmar ratioReturn relative to maximum drawdown

2.84

2.46

+0.39

Martin ratioReturn relative to average drawdown

9.08

8.12

+0.96

EIS vs. ISRA - Sharpe Ratio Comparison

The current EIS Sharpe Ratio is 1.55, which is comparable to the ISRA Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of EIS and ISRA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EIS vs. ISRA - Drawdown Comparison

The maximum EIS drawdown since its inception was -51.94%, which is greater than ISRA's maximum drawdown of -45.02%. Use the drawdown chart below to compare losses from any high point for EIS and ISRA.

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Drawdown Indicators

EISISRADifference

Max Drawdown

Largest peak-to-trough decline

-51.94%

-45.02%

-6.92%

Max Drawdown (1Y)

Largest decline over 1 year

-12.69%

-11.30%

-1.39%

Max Drawdown (3Y)

Largest decline over 3 years

-24.10%

-27.74%

+3.64%

Max Drawdown (5Y)

Largest decline over 5 years

-41.88%

-45.02%

+3.14%

Max Drawdown (10Y)

Largest decline over 10 years

-41.88%

-45.02%

+3.14%

Current Drawdown

Current decline from peak

-12.69%

-11.30%

-1.39%

Average Drawdown

Average peak-to-trough decline

-13.89%

-11.17%

-2.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.96%

3.41%

+0.55%

Volatility

EIS vs. ISRA - Volatility Comparison

iShares MSCI Israel ETF (EIS) has a higher volatility of 10.15% compared to VanEck Israel ETF (ISRA) at 8.21%. This indicates that EIS's price experiences larger fluctuations and is considered to be riskier than ISRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EISISRADifference

Volatility (1M)

Calculated over the trailing 1-month period

10.15%

8.21%

+1.94%

Volatility (6M)

Calculated over the trailing 6-month period

18.14%

16.31%

+1.83%

Volatility (1Y)

Calculated over the trailing 1-year period

23.35%

21.23%

+2.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.18%

22.10%

+0.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.23%

21.02%

+0.21%

EIS vs. ISRA - Expense Ratio Comparison

Both EIS and ISRA have an expense ratio of 0.59%.

Dividends

EIS vs. ISRA - Dividend Comparison

EIS's dividend yield for the trailing twelve months is around 1.56%, more than ISRA's 1.39% yield.

PositionTTM20252024202320222021202020192018201720162015
EIS
iShares MSCI Israel ETF		1.56%1.44%1.38%1.39%1.66%1.04%0.16%2.06%0.87%2.02%1.78%2.55%
ISRA
VanEck Israel ETF		1.39%1.48%1.21%1.89%1.36%1.28%0.17%1.38%0.76%1.58%1.62%1.31%

Frequently Asked Questions

With a correlation of 0.94, EIS and ISRA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

EIS has higher volatility (10.15%) compared to ISRA (8.21%). In terms of maximum drawdown, EIS dropped -51.94% vs ISRA's -45.02%.

On 10-year performance, EIS leads with 11.61% vs 10.44% for ISRA. Both ETFs have the same 0.59% expense ratio. On volatility, ISRA has been the lower-risk option at 8.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EIS has performed better with a 11.61% return vs 10.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EIS and ISRA have the same expense ratio: 0.59% per year.

EIS has the higher dividend yield at 1.56%, compared with 1.39% for ISRA.

EIS is categorized as Foreign Large Cap Equities, while ISRA is Global Equities. EIS tracks MSCI Israel Capped Investable Market Index (Net), while ISRA tracks BlueStar Israel Global Index. They also come from different issuers: iShares and VanEck.

EIS currently has the higher Sharpe Ratio (1.55 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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