Israeli Equity Fund Approaches Annual Peak on Strong Momentum

iShares MSCI Israel ETF US4642866325

The iShares MSCI Israel ETF (EIS) is trading near its 52-week high following a substantial rally, fueled by robust domestic equity performance, significant investor inflows, and major technology sector transactions over the past year. The fund’s trajectory raises questions about the sustainability of its current momentum.

Recent performance figures underscore the fund’s strength. Over a one-year period, it has delivered gains estimated between 48% and 55%, with a year-to-date increase of 5.7%. As of the latest data, the fund manages approximately $717.6 million in assets and carries an expense ratio of 0.59%.