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ISRA
VanEck Israel ETF

Fund Description

VanEck Israel ETF (ISRATM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BlueStar Israel Global IndexTM (BLSNTR), which is comprised of equity securities, which may include depositary receipts, of publicly traded companies that are generally considered by the Index Provider to be Israeli companies.

 
 

  • Fund Ticker

    ISRA
  • Exchange

    NYSE Arca
  • Inception Date

    06/25/2013
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    BLSNTR
  • Index Rebalancing

    Semi-Annually

 
as of 10/03/22

  • 30-Day SEC Yield1

    1.74%
  • Total Net Assets

    $60.6M
  • Number of Holdings

    109
  • Options

    Available
  • Gross Expense Ratio2

    0.71%
  • Net Expense Ratio/TER2

    0.59%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Exposure to a Stable, Growing, and Resilient Economy 
    Exposure to a vibrant economy that has historically demonstrated consistent GDP growth despite regional geopolitical events.

  • Exposure to a Multi-Sector Economy 
    The index offers broad sector exposure to Israel’s vibrant economy, including information technology, health care, and financials.

  • Exposure to Israeli Companies Globally 
    The underlying index offers a broad and diversified reflection of Israel's globally-oriented economy.

Trading Information

  • Fund Ticker

    ISRA
  • Index Total Return Ticker

    BLSNTR
  • NAV

    ISRANV
  • Intraday NAV (IIV)4

    ISRAIV
  • Shares Outstanding

    1,650,000
  • Estimated Cash

    ISRAEU
  • Total Cash

    ISRATC
  • CUSIP

    92189F635
  • ISIN

    US92189F6354
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.21%
  • Gross Expense Ratio

    0.71%
  • Fee Waivers and
    Expense Reimbursement

    -0.12%
  • Net Expense Ratio/TER2

    0.59%

2Expenses for ISRA are capped contractually at 0.59% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 10/03/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
ISRA $36.73
$36.60
1,637
5,196
$0.48 / +1.32%
$0.47 / +1.30%
-24.69%
-24.87%
$-0.13
-0.36%
0.40%

Premium/Discount History as of 10/03/22

Calendar Year 2021 4Q 2021 1Q 2022 2Q 2022 3Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 122 10 16 14 5
ISRA Days closed at NAV 13 1 5 1 5
Days closed at a discount 117 53 41 47 54

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
06/25/13
ISRA (NAV) 1.09 1.99 -15.09 -13.17 9.12 8.78 -- 6.79
ISRA (Share Price) 1.06 1.97 -15.07 -13.29 9.07 8.76 -- 6.78
BLSNTR (Index) 1.33 2.24 -14.89 -12.70 9.50 9.20 -- 7.23
Performance Differential (NAV - Index) -0.24 -0.25 -0.20 -0.47 -0.38 -0.42 -- -0.44
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
06/25/13
ISRA (NAV) -7.95 -19.52 -23.37 -20.72 5.86 5.04 -- 5.71
ISRA (Share Price) -8.21 -19.85 -23.55 -21.20 5.71 4.89 -- 5.67
BLSNTR (Index) -8.11 -19.80 -23.50 -20.54 6.02 5.37 -- 6.11
Performance Differential (NAV - Index) 0.16 0.28 0.13 -0.18 -0.16 -0.33 -- -0.40

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings: 109
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Solaredge Technologies Inc
SEDG US
17,291
4,771,797 6.98
Bank Leumi Le-Israel Bm
LUMI IT
379,617
4,018,866 5.88
Check Point Software Technologies Ltd
CHKP US
31,735
3,815,816 5.58
Nice Ltd
NICE US
17,878
3,814,629 5.58
Bank Hapoalim Bm
POLI IT
331,148
3,438,166 5.03
Teva Pharmaceutical Industries Ltd
TEVA US
331,562
2,997,320 4.39
Amdocs Ltd
DOX US
31,679
2,707,604 3.96
Israel Discount Bank Ltd
DSCT IT
331,605
2,030,273 2.97
Mizrahi Tefahot Bank Ltd
MZTF IT
46,143
1,879,403 2.75
Cyberark Software Ltd
CYBR US
12,573
1,814,032 2.66
Top 10 Total (%) 45.79
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • Israel

    72.91
  • United States

    24.53
  • Greece

    0.80
  • United Kingdom

    0.74
  • Singapore

    0.54
  • India

    0.14
  • Other/Cash

    0.34

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Information Technology

    39.9
  • Financials

    22.2
  • Health Care

    8.2
  • Real Estate

    6.3
  • Industrials

    6.3
  • Consumer Discretionary

    3.5
  • Materials

    3.4
  • Communication Services

    3.3
  • Utilities

    2.9
  • Energy

    2.4
  • Consumer Staples

    1.2
  • n/a

    0.1
  • Other/Cash

    0.3