ISRA vs. PID

Last updated Jun 4, 2026

ISRA (VanEck Israel ETF) and PID (Invesco International Dividend Achievers™ ETF) are both Global Equities funds - ISRA tracks the BlueStar Israel Global Index while PID tracks the Nasdaq International Dividend Achievers (NR). Both are passively managed. Over the past 10 years, ISRA returned 10.83%/yr vs 8.80%/yr for PID. A 0.58 correlation means they provide meaningful diversification when combined. ISRA charges 0.59%/yr vs 0.56%/yr for PID.

Performance

ISRA vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Israel ETF (ISRA) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISRA achieves a 14.05% return, which is significantly higher than PID's 5.45% return. Over the past 10 years, ISRA has outperformed PID with an annualized return of 10.83%, while PID has yielded a comparatively lower 8.80% annualized return.

ISRA

• 1D: -2.47%
• 1M: -1.80%
• YTD: 14.05%
• 6M: 17.88%
• 1Y: 41.95%
• 3Y*: 26.30%
• 5Y*: 9.13%
• 10Y*: 10.83%

PID

• 1D: -1.07%
• 1M: 1.28%
• YTD: 5.45%
• 6M: 6.61%
• 1Y: 16.04%
• 3Y*: 12.52%
• 5Y*: 8.28%
• 10Y*: 8.80%

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

ISRA vs. PID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISRA VanEck Israel ETF	14.05%	36.98%	26.03%	-0.08%	-25.76%	10.06%	28.21%	26.77%	-7.04%	15.07%
PID Invesco International Dividend Achievers™ ETF	5.45%	24.45%	3.08%	14.28%	-6.48%	24.49%	-6.56%	25.87%	-11.46%	19.05%

Correlation

The correlation between ISRA and PID is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jun 27, 2013	0.58

Over the past year, the correlation between ISRA and PID has dropped to 0.36 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

ISRA vs. PID - Sectors Allocation Comparison

Sectors	ISRA	PID
Financial Services	38.3%	17.5%
Technology	22.2%	8.7%
Healthcare	11.8%	8.4%
Industrials	10.5%	7.9%
Utilities	5.0%	14.2%
Real Estate	4.7%	0.4%
Energy	2.1%	13.3%
Consumer Cyclical	1.9%	6.4%
Communication Services	1.8%	13.8%
Consumer Defensive	1.5%	6.0%
Basic Materials	0.2%	3.4%

Return for Risk

ISRA vs. PID — Risk / Return Rank

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

ISRA

ISRA Risk / Return Rank: 65
ISRA Sharpe Ratio Rank: 59
ISRA Sortino Ratio Rank: 59
ISRA Omega Ratio Rank: 56
ISRA Calmar Ratio Rank: 76
ISRA Martin Ratio Rank: 76

PID

PID Risk / Return Rank: 46
PID Sharpe Ratio Rank: 47
PID Sortino Ratio Rank: 50
PID Omega Ratio Rank: 47
PID Calmar Ratio Rank: 43
PID Martin Ratio Rank: 44

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.

ISRA vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Israel ETF (ISRA) and Invesco International Dividend Achievers™ ETF (PID). 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.

	ISRA	PID	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.66	+0.36
Sortino ratio: Return per unit of downside risk	2.82	2.46	+0.36
Omega ratio: Gain probability vs. loss probability	1.35	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	3.83	2.16	+1.67
Martin ratio: Return relative to average drawdown	14.53	7.36	+7.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISRA vs. PID - Sharpe Ratio Comparison

The current ISRA Sharpe Ratio is 2.02, which is comparable to the PID Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ISRA and PID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ISRA	PID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	1.66	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.60	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.49	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.27	+0.20

Drawdowns

ISRA vs. PID - Drawdown Comparison

The maximum ISRA drawdown since its inception was -45.02%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for ISRA and PID.

Drawdown Indicators

	ISRA	PID	Difference
Max Drawdown Largest peak-to-trough decline	-45.02%	-66.34%	+21.32%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-7.47%	-3.55%
Max Drawdown (3Y) Largest decline over 3 years	-27.74%	-13.34%	-14.40%
Max Drawdown (5Y) Largest decline over 5 years	-45.02%	-22.97%	-22.05%
Max Drawdown (10Y) Largest decline over 10 years	-45.02%	-46.07%	+1.05%
Current Drawdown Current decline from peak	-4.73%	-2.19%	-2.54%
Average Drawdown Average peak-to-trough decline	-11.19%	-13.04%	+1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.18%	+0.72%

Volatility

ISRA vs. PID - Volatility Comparison

VanEck Israel ETF (ISRA) has a higher volatility of 5.30% compared to Invesco International Dividend Achievers™ ETF (PID) at 2.75%. This indicates that ISRA's price experiences larger fluctuations and is considered to be riskier than PID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISRA	PID	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	2.75%	+2.55%
Volatility (6M) Calculated over the trailing 6-month period	14.91%	7.62%	+7.29%
Volatility (1Y) Calculated over the trailing 1-year period	20.84%	9.70%	+11.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.87%	13.97%	+7.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.91%	17.84%	+3.07%

ISRA vs. PID - Expense Ratio Comparison

ISRA has a 0.59% expense ratio, which is higher than PID's 0.56% expense ratio.

Dividends

ISRA vs. PID - Dividend Comparison

ISRA's dividend yield for the trailing twelve months is around 1.30%, less than PID's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISRA VanEck Israel ETF	1.30%	1.48%	1.21%	1.89%	1.36%	1.28%	0.17%	1.38%	0.76%	1.58%	1.62%	1.31%
PID Invesco International Dividend Achievers™ ETF	3.27%	3.28%	3.88%	3.31%	3.30%	3.30%	3.16%	3.99%	3.87%	3.46%	3.90%	4.48%

Frequently Asked Questions

Can I hold both ISRA and PID in my portfolio?

ISRA and PID have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISRA or PID?

ISRA has higher volatility (5.30%) compared to PID (2.75%). In terms of maximum drawdown, ISRA dropped -45.02% vs PID's -66.34%.

Which ETF is better, ISRA or PID?

On 10-year performance, ISRA leads with 10.83% vs 8.80% for PID. On fees, PID is cheaper at 0.56% per year. On volatility, PID has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ISRA or PID?

Over the 10-year period, ISRA has performed better with a 10.83% return vs 8.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ISRA or PID?

PID is cheaper with a 0.56% expense ratio, compared with 0.59% for ISRA.

Which ETF pays a higher dividend yield, ISRA or PID?

PID has the higher dividend yield at 3.27%, compared with 1.30% for ISRA.

What is the main difference between ISRA and PID?

ISRA tracks BlueStar Israel Global Index, while PID tracks Nasdaq International Dividend Achievers (NR). They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.59% for ISRA and 0.56% for PID.

Which has better risk-adjusted returns?

ISRA currently has the higher Sharpe Ratio (2.02 vs 1.66), 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.