ITEQ vs. EIS
Compare and contrast key facts about BlueStar Israel Technology ETF (ITEQ) and iShares MSCI Israel ETF (EIS).
ITEQ and EIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITEQ is a passively managed fund by ETFMG that tracks the performance of the BlueStar Israel Global Technology Index. It was launched on Nov 2, 2015. EIS is a passively managed fund by iShares that tracks the performance of the MSCI Israel Capped Investable Market Index. It was launched on Mar 26, 2008. Both ITEQ and EIS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITEQ or EIS.
Correlation
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
Key characteristics
ITEQ:
0.74
EIS:
1.84
ITEQ:
1.11
EIS:
2.47
ITEQ:
1.14
EIS:
1.32
ITEQ:
0.33
EIS:
1.27
ITEQ:
2.72
EIS:
8.93
ITEQ:
5.50%
EIS:
3.84%
ITEQ:
20.08%
EIS:
18.58%
ITEQ:
-54.59%
EIS:
-51.94%
ITEQ:
-34.32%
EIS:
-1.15%
Returns By Period
In the year-to-date period, ITEQ achieves a 12.51% return, which is significantly lower than EIS's 33.35% return.
ITEQ
12.51%
3.06%
16.66%
12.92%
3.83%
N/A
EIS
33.35%
7.86%
28.77%
32.48%
7.28%
6.55%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ITEQ vs. EIS - Expense Ratio Comparison
ITEQ has a 0.75% expense ratio, which is higher than EIS's 0.59% expense ratio.
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.
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 1.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.39% | 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.
Volatility
ITEQ vs. EIS - Volatility Comparison
BlueStar Israel Technology ETF (ITEQ) has a higher volatility of 7.01% compared to iShares MSCI Israel ETF (EIS) at 5.33%. 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.