iShares MSCI Israel ETF

Frequently Asked Questions About EIS

What does EIS invest in?

EIS was the first Israel-focused ETF on the market, and offers pure Israeli exposure, with 100% of its holdings traded in Tel Aviv. The fund tracks a capped version of our MSCI benchmark and caps its exposure to any one security at 25%. In the case of EIS, that means redistributing the extra weighting to other portfolio companies that would have gone to only one company. The result is a smaller-cap tilt, with an underweighting to health care, pumping up the fund's weighting to financials and basic materials. It tracks its index well and offers solid exposure for investors interested in the Israeli stock market.

What is the expense ratio of EIS?

iShares MSCI Israel ETF (EIS) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EIS?

iShares MSCI Israel ETF (EIS) manages $884.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is EIS actively managed or an index fund?

EIS is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EIS's is 0.59%) because there's no security selection cost.

When was EIS launched?

iShares MSCI Israel ETF (EIS) launched in March 2008 and is managed by IShares.

How has EIS performed?

EIS's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.