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EIS vs. ITEQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


EISITEQ
YTD Return21.51%9.75%
1Y Return42.00%32.45%
3Y Return (Ann)-2.29%-10.77%
5Y Return (Ann)5.56%3.97%
Sharpe Ratio2.081.56
Sortino Ratio2.782.11
Omega Ratio1.361.27
Calmar Ratio1.130.59
Martin Ratio10.335.61
Ulcer Index3.83%5.44%
Daily Std Dev19.00%19.52%
Max Drawdown-51.94%-54.59%
Current Drawdown-7.69%-35.93%

Correlation

-0.50.00.51.00.8

The correlation between EIS and ITEQ is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

EIS vs. ITEQ - Performance Comparison

In the year-to-date period, EIS achieves a 21.51% return, which is significantly higher than ITEQ's 9.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.60%
13.80%
EIS
ITEQ

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EIS vs. ITEQ - Expense Ratio Comparison

EIS has a 0.59% expense ratio, which is lower than ITEQ's 0.75% expense ratio.


ITEQ
BlueStar Israel Technology ETF
Expense ratio chart for ITEQ: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for EIS: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

EIS vs. ITEQ - Risk-Adjusted Performance Comparison

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


EIS
Sharpe ratio
The chart of Sharpe ratio for EIS, currently valued at 2.08, compared to the broader market-2.000.002.004.006.002.08
Sortino ratio
The chart of Sortino ratio for EIS, currently valued at 2.78, compared to the broader market-2.000.002.004.006.008.0010.0012.002.78
Omega ratio
The chart of Omega ratio for EIS, currently valued at 1.36, compared to the broader market1.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for EIS, currently valued at 1.13, compared to the broader market0.005.0010.0015.001.13
Martin ratio
The chart of Martin ratio for EIS, currently valued at 10.33, compared to the broader market0.0020.0040.0060.0080.00100.0010.33
ITEQ
Sharpe ratio
The chart of Sharpe ratio for ITEQ, currently valued at 1.56, compared to the broader market-2.000.002.004.006.001.56
Sortino ratio
The chart of Sortino ratio for ITEQ, currently valued at 2.11, compared to the broader market-2.000.002.004.006.008.0010.0012.002.11
Omega ratio
The chart of Omega ratio for ITEQ, currently valued at 1.27, compared to the broader market1.001.502.002.503.001.27
Calmar ratio
The chart of Calmar ratio for ITEQ, currently valued at 0.59, compared to the broader market0.005.0010.0015.000.59
Martin ratio
The chart of Martin ratio for ITEQ, currently valued at 5.61, compared to the broader market0.0020.0040.0060.0080.00100.005.61

EIS vs. ITEQ - Sharpe Ratio Comparison

The current EIS Sharpe Ratio is 2.08, which is higher than the ITEQ Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of EIS and ITEQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.08
1.56
EIS
ITEQ

Dividends

EIS vs. ITEQ - Dividend Comparison

EIS's dividend yield for the trailing twelve months is around 1.11%, while ITEQ has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
EIS
iShares MSCI Israel ETF
1.11%1.39%1.66%1.04%0.17%2.06%0.87%2.02%1.78%2.55%1.86%2.20%
ITEQ
BlueStar Israel Technology ETF
0.00%0.00%0.00%0.08%0.57%0.02%0.29%0.54%0.37%0.00%0.00%0.00%

Drawdowns

EIS vs. ITEQ - Drawdown Comparison

The maximum EIS drawdown since its inception was -51.94%, roughly equal to the maximum ITEQ drawdown of -54.59%. Use the drawdown chart below to compare losses from any high point for EIS and ITEQ. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-7.69%
-35.93%
EIS
ITEQ

Volatility

EIS vs. ITEQ - Volatility Comparison

The current volatility for iShares MSCI Israel ETF (EIS) is 4.09%, while BlueStar Israel Technology ETF (ITEQ) has a volatility of 5.08%. This indicates that EIS experiences smaller price fluctuations and is considered to be less risky than ITEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.09%
5.08%
EIS
ITEQ