EIS vs. METL

Last updated Jun 9, 2026

EIS (iShares MSCI Israel ETF) and METL (Sprott Active Metals & Miners ETF) are both exchange-traded funds - EIS is a Foreign Large Cap Equities fund tracking the MSCI Israel Capped Investable Market Index (Net), while METL is a Commodity Producers Equities fund actively managed by Sprott. EIS is passively managed, while METL is actively managed. At a 0.37 correlation, their price movements are largely independent. EIS charges 0.59%/yr vs 0.89%/yr for METL.

Performance

EIS vs. METL - Performance Comparison

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

Returns By Period

In the year-to-date period, EIS achieves a 14.51% return, which is significantly higher than METL's 7.51% return.

EIS

• 1D: 1.53%
• 1M: -7.96%
• YTD: 14.51%
• 6M: 16.70%
• 1Y: 48.12%
• 3Y*: 33.62%
• 5Y*: 14.55%
• 10Y*: 11.91%

METL

• 1D: 0.05%
• 1M: -9.97%
• YTD: 7.51%
• 6M: 15.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EIS vs. METL - Yearly Performance Comparison

	2026 (YTD)	2025
EIS iShares MSCI Israel ETF	14.51%	14.21%
METL Sprott Active Metals & Miners ETF	7.51%	27.04%

Correlation

The correlation between EIS and METL is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025	0.37

Return for Risk

EIS vs. METL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EIS

EIS Risk / Return Rank: 74
EIS Sharpe Ratio Rank: 72
EIS Sortino Ratio Rank: 72
EIS Omega Ratio Rank: 68
EIS Calmar Ratio Rank: 81
EIS Martin Ratio Rank: 79

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. METL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Israel ETF (EIS) and Sprott Active Metals & Miners ETF (METL). 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	METL	Difference
Sharpe ratio: Return per unit of total volatility	2.10	—	—
Sortino ratio: Return per unit of downside risk	2.91	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.90	—	—
Martin ratio: Return relative to average drawdown	14.00	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EIS	METL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	1.18	-0.86

Drawdowns

EIS vs. METL - Drawdown Comparison

The maximum EIS drawdown since its inception was -51.94%, which is greater than METL's maximum drawdown of -27.39%. Use the drawdown chart below to compare losses from any high point for EIS and METL.

Drawdown Indicators

	EIS	METL	Difference
Max Drawdown Largest peak-to-trough decline	-51.94%	-27.39%	-24.55%
Max Drawdown (1Y) Largest decline over 1 year	-12.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.88%	—	—
Current Drawdown Current decline from peak	-8.50%	-18.48%	+9.98%
Average Drawdown Average peak-to-trough decline	-13.90%	-8.24%	-5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	—	—

Volatility

Volatility by Period

	EIS	METL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.06%	44.85%	-21.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.89%	44.85%	-22.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.13%	44.85%	-23.72%

EIS vs. METL - Expense Ratio Comparison

EIS has a 0.59% expense ratio, which is lower than METL's 0.89% expense ratio.

Dividends

EIS vs. METL - Dividend Comparison

EIS's dividend yield for the trailing twelve months is around 1.25%, more than METL's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIS iShares MSCI Israel ETF	1.25%	1.44%	1.38%	1.39%	1.66%	1.04%	0.16%	2.06%	0.87%	2.02%	1.78%	2.55%
METL Sprott Active Metals & Miners ETF	0.92%	0.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EIS and METL in my portfolio?

EIS and METL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EIS or METL?

On fees, EIS is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EIS or METL?

EIS is cheaper with a 0.59% expense ratio, compared with 0.89% for METL.

Which ETF pays a higher dividend yield, EIS or METL?

EIS has the higher dividend yield at 1.25%, compared with 0.92% for METL.

What is the main difference between EIS and METL?

EIS is categorized as Foreign Large Cap Equities, while METL is Commodity Producers Equities. They also come from different issuers: iShares and Sprott. Their fees differ too: 0.59% for EIS and 0.89% for METL.