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

Key characteristics


ITEQEIS
YTD Return9.08%22.59%
1Y Return29.14%43.62%
3Y Return (Ann)-11.38%-2.33%
5Y Return (Ann)3.77%5.74%
Sharpe Ratio1.542.20
Sortino Ratio2.082.92
Omega Ratio1.271.38
Calmar Ratio0.591.18
Martin Ratio5.4910.88
Ulcer Index5.44%3.83%
Daily Std Dev19.43%18.89%
Max Drawdown-54.59%-51.94%
Current Drawdown-36.32%-6.87%

Correlation

-0.50.00.51.00.8

The correlation between ITEQ and EIS 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

ITEQ vs. EIS - Performance Comparison

In the year-to-date period, ITEQ achieves a 9.08% return, which is significantly lower than EIS's 22.59% 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
10.66%
14.63%
ITEQ
EIS

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ITEQ vs. EIS - Expense Ratio Comparison

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

ITEQ vs. EIS - Risk-Adjusted Performance Comparison

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


ITEQ
Sharpe ratio
The chart of Sharpe ratio for ITEQ, currently valued at 1.54, compared to the broader market-2.000.002.004.001.54
Sortino ratio
The chart of Sortino ratio for ITEQ, currently valued at 2.08, compared to the broader market0.005.0010.002.08
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 5.49, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.49
EIS
Sharpe ratio
The chart of Sharpe ratio for EIS, currently valued at 2.20, compared to the broader market-2.000.002.004.002.20
Sortino ratio
The chart of Sortino ratio for EIS, currently valued at 2.92, compared to the broader market0.005.0010.002.92
Omega ratio
The chart of Omega ratio for EIS, currently valued at 1.38, compared to the broader market1.001.502.002.503.001.38
Calmar ratio
The chart of Calmar ratio for EIS, currently valued at 1.18, compared to the broader market0.005.0010.0015.001.18
Martin ratio
The chart of Martin ratio for EIS, currently valued at 10.88, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.88

ITEQ vs. EIS - Sharpe Ratio Comparison

The current ITEQ Sharpe Ratio is 1.54, which is lower than the EIS Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of ITEQ and EIS, 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
1.54
2.20
ITEQ
EIS

Dividends

ITEQ vs. EIS - Dividend Comparison

ITEQ has not paid dividends to shareholders, while EIS's dividend yield for the trailing twelve months is around 1.10%.


TTM20232022202120202019201820172016201520142013
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%
EIS
iShares MSCI Israel ETF
1.10%1.39%1.66%1.04%0.17%2.06%0.87%2.02%1.78%2.55%1.86%2.20%

Drawdowns

ITEQ vs. EIS - Drawdown Comparison

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


-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-36.32%
-6.87%
ITEQ
EIS

Volatility

ITEQ vs. EIS - Volatility Comparison

BlueStar Israel Technology ETF (ITEQ) has a higher volatility of 4.95% compared to iShares MSCI Israel ETF (EIS) at 4.04%. This indicates that ITEQ's price experiences larger fluctuations and is considered to be riskier than EIS 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
4.95%
4.04%
ITEQ
EIS