EISiShares MSCI Israel ETF
EIS Fund Description
The iShares MSCI Israel ETF tracks a market-cap-weighted index of Israeli firms.
EIS Factset Analytics Insight
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 1 security at 24%. Since Teva Pharmaceuticals represents over 40% of Israeli market cap and EIS is only able to allocate 24% to a single holding, something has to give. In the case of EIS, that means redistributing the extra weighting to other portfolio companies that would have gone to Teva. The result is a smaller-cap tilt, with an underweighting to health care, pumping up the fund's weighting to financials and basic materials. While EIS may be a challenge to access thanks to mediocre liquidity and wide spreads, it tracks its index well and offers solid exposure for investors interested in the Israeli stock market.
EIS MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 17, 2018 the iShares MSCI Israel ETF MSCI ESG Fund Quality Score is 4.50 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. EIS ranks in the 1st percentile within its peer group and in the 18th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
EIS CHARTS AND PERFORMANCE
EIS Top 10 Countries
EIS Top 10 Sectors
EIS Top 10 Holdings [View All]
EIS Portfolio Management
EIS Tax Exposures
EIS Fund Structure
EIS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EIS. EIS is rated a 3 out of 5.
EIS Sector/Industry Breakdown
EIS TOP 10 HOLDINGS[View All]
EIS Economic Development
EIS Performance Statistics
EIS MSCI ESG Ratings
EIS BENCHMARK COMPARISON SUMMARY
EIS BENCHMARK COMPARISON MARKET CAP SIZE