The iShares MSCI Israel ETF (EIS) is an exchange-traded fund designed to track the performance of publicly traded companies in Israel. The ETF is managed by BlackRock through its iShares platform and trades under the ticker EIS on the Nasdaq.

Classified as a single-country international equity ETF, the fund provides exposure to the Israeli stock market through investments in large- and mid-cap companies across a broad range of industries. Its strategy offers investors access to an economy widely recognized for its leadership in technology, healthcare, and innovation.

The ETF follows a passive management approach and seeks to replicate the performance of the MSCI Israel IMI 25/50 Index, which includes eligible Israeli companies while applying issuer concentration limits to comply with U.S. regulated investment company requirements.

Diversification and sector exposure

EIS provides exposure primarily associated with:

• Israeli companies.

• Information technology.

• Financial services.

• Healthcare.

• Industrials.

• Real estate.

• Telecommunications.

• Israeli equity market.

The portfolio includes companies operating across multiple industries, including software, semiconductors, banking, insurance, medical devices, pharmaceuticals, industrials, and business services.

The ETF's performance generally reflects developments in the Israeli equity market and the companies it holds, while also responding to domestic economic conditions and global financial trends.

Structure and costs

EIS shares trade on the secondary market on the NASDAQ during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends received from portfolio holdings may be distributed periodically to shareholders according to the fund's distribution policy.

History and evolution of the ETF

The iShares MSCI Israel ETF was launched in 2008 to provide investors with broad, exchange-traded exposure to the Israeli equity market.

Since inception, the fund has tracked the growth of Israeli companies, particularly those operating in the technology, healthcare, and innovation sectors, which play a significant role in the country's economy.

In recent years, expansion in Israel's technology industry, continued growth in cybersecurity, semiconductor, and medical device companies, together with global economic conditions and geopolitical tensions in the region, have continued to shape the performance of the companies represented in the ETF's portfolio.

Additional Information

iShares MSCI Israel ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $838.23 million.

Over the past 12 months, iShares MSCI Israel ETF recorded a return of 11.76%, with its price trading between $99.40 and $137.69 during the same period.

The ETF is traded under the ticker EIS.