ISRA

VanEck Israel ETF

$56.99
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The VanEck Israel ETF (ISRA) seeks to track the performance of the MVIS Israel Index, which is designed to provide exposure to publicly traded companies that are headquartered and primarily listed in Israel.

Overview

ETF tracking VanEck Israel ETF

Category Other
Issuer VanEck
Inception Date 2013-06-26
Market Cap $116.8M
Average Volume N/A
Dividend Yield 0.92%
52-Week Range $39.10 - $57.98
VWAP $57.07

Performance

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Investment Summary

📎 Investment Objective

The VanEck Israel ETF (ISRA) seeks to track the performance of the MVIS Israel Index, which is designed to provide exposure to publicly traded companies that are headquartered and primarily listed in Israel.

🎯 Investment Strategy

The ETF employs a passive management approach, investing in the securities that make up the MVIS Israel Index in proportion to their weightings in the index. The index includes companies across various sectors, including technology, healthcare, and financials.

✨ Key Features

  • Provides exposure to the Israeli equity market
  • Diversified portfolio of Israeli companies across sectors
  • Low expense ratio of 0.00%
  • Tracks the MVIS Israel Index

⚠️ Primary Risks

  • Concentration risk: The fund is focused on the Israeli market, which may be more volatile than a more diversified global portfolio
  • Currency risk: Investors are exposed to fluctuations in the Israeli shekel relative to their home currency
  • Liquidity risk: The fund may have limited trading volume, which could impact the ability to buy or sell shares at desired prices
  • Market risk: The value of the fund's investments may decline due to general market conditions or other factors

👤 Best For

The VanEck Israel ETF may be suitable for investors seeking exposure to the Israeli equity market as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance, as the Israeli market can be more volatile than broader global markets.