Blackrock Israel ETF | EIS

High RiskEquity
Blackrock Israel ETF
Issued by:iShares by Blackrock
Index : AMEX
Unit Price (NAV) :
$
Minimum investment: 2 units
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Blackrock Israel ETF | EIS

Blackrock Israel ETF | EIS

About EIS ETF

Overview:
The iShares by BlackRock Israel ETF (EIS) is the first Israel-focused ETF on the market and offers "pure" Israeli investments in large and mid-sized companies in Israel and is managed by BlackRock that has a total AUM of $6.28T.

EIS is an exchange-traded fund incorporated in the USA in March 2008. EIS was the first Israel-focused ETF on the market, and offers "pure" Israeli exposure, with 100% of its holdings traded in Tel Aviv.

About the Fund Manager:
Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

Investment Strategy:
The ETF seeks to track the investment results of an index composed of a broad range of companies in Israel.

Sector:
EIS has invested in Technology (28%), Financials (23%), Healthcare (16%), Real Estate (9%), and Basic Materials (7%).

Geography:
EIS has invested 100% of its assets in Israel.

Recommended for:
Growth

The fund tracks a capped version of the MSCI Israel benchmark and caps its exposure to any 1 security at 24%. Teva Pharmaceuticals represents over 40% of Israeli market cap and EIS is only able to allocate 24% to a single holding, some other holdings are overweight.

According to ETFdb.com, "EIS has appeal as a compliment to EFA funds or those who are bullish on the overall Israeli economy."

Additional Information:
1. Fund Factsheet
2. Israeli ETFs Head to Head: EIS vs. ITEQ
3. 3 Israeli ETFs to Play the Start-Up Nation
4. Tap Tech In Israel With This New ETF

How did we identify this ETF:
A complete pool of 2100+ ETFs is screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R - squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. Thanks to high liquidity and wide spreads, EIS tracks its index well and offers solid exposure for investors interested in the Israeli stock market. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.

Returns

PerformanceYTD1Y3Y5Y10Y
Blackrock Israel ETF4.79%43.07%12.32%8.65%3.14%

Asset Class

Asset type breakdown
Stock non-US91.41%
Stock US8.32%
Cash0.27%

EIS Holdings - Top 10

NameiWeightage (%)
Wix.com Ltd9.60%
NICE Ltd8.31%
Check Point Software Technologies Ltd7.42%
Teva Pharmaceutical Industries Limited6.90%
Bank Leumi le- Israel B.M5.80%
Bank Hapoalim B.M5.34%
CyberArk Software Ltd2.98%
Israel Discount Bank Limited2.90%
Kornit Digital Ltd2.62%
ICL Group Ltd2.58%

EIS Sectors/Industry Breakdown

Sectori% of market value
Technology38.45%
Financial Services20.81%
Healthcare9.82%
Real Estate9.76%
Industrials7.70%
Communication Services3.24%
Basic Materials3.13%
Consumer Defensive2.57%
Utilities2.05%
Consumer Cyclicals1.39%
Energy1.09%

EIS Countries

Countryi% of market value
Africa/Middle East89.92%
North America8.34%
Asia Developed1.61%
Europe Developed0.12%

Projected Returns

Investment ofper month
gives returns of :
at 1.73% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of 1.73% per annum
$
$
$+ 1.73

EIS Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol EIS
Exchange ARCX
ISIN US4642866325
Cat. Benchmark MSCI ACWI Ex USA NR USD
Asset class Equity
Category Miscellaneous Region
Country US

EIS Portfolio Data & Volatility Analysis

Net Expense Ratio 0.59i
Beta 1i
Valuations Rates Portfolio PE 13.3688i
3 Year Standard Deviation 21.27i

Fund Strategy

iShares MSCI Israel Capped ETF seeks investment results that correspond to the performance of the MSCI Israel Capped Investable Market Index.

EIS Fact Sheets & Reports

About iShares by Blackrock

"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.

Blackrock Israel ETF | EIS