Data Source: from January 2009 to December 2022 (~14 years)
Consolidated Returns as of 31 December 2022
Category: Stocks
ETF: iShares MSCI Israel ETF (EIS)

In the last 10 Years, the iShares MSCI Israel ETF (EIS) ETF obtained a 4.60% compound annual return, with a 17.08% standard deviation.

In 2022, the ETF granted a 1.20% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Israel ETF (EIS) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Middle East
  • Country: Israel

Historical Returns as of Dec 31, 2022

Historical returns and Metrics of iShares MSCI Israel ETF (EIS) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
ISHARES MSCI ISRAEL ETF (EIS) ETF
Portfolio Metrics
Data Source: 1 January 2009 - 31 December 2022 (~14 years)
Swipe left to see all data
Metrics as of Dec 31, 2022
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~14Y)
Portfolio
Return (%)
-8.19 -1.74 -4.85 -27.03 0.13 2.93 4.60 6.45
US Inflation (%) -0.31 0.00 0.16 6.45 4.92 3.78 2.60 2.49
Infl. Adjusted
Return (%)
-7.90 -1.74 -5.01 -31.46 -4.56 -0.82 1.95 3.86
Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 21.91 22.63 20.70 17.08 18.99
Sharpe Ratio -1.30 -0.02 0.09 0.23 0.13
Sortino Ratio -1.86 -0.03 0.12 0.31 0.18
MAXIMUM DRAWDOWN
Drawdown Depth (%) -27.03 -27.03 -27.03 -27.03 -36.55
Start (yyyy mm) 2022 01 2022 01 2022 01 2022 01 2011 01
Bottom (yyyy mm) 2022 12 2022 12 2022 12 2022 12 2012 06
Start to Bottom (# months) 12 12 12 12 18
Start to Recovery (# months) in progress
> 12
> 12
> 12
> 12
55
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 86.15 18.50 13.69 8.86
Worst Return (%) -32.72 -5.61 -1.86 -0.47
% Positive Periods 69% 81% 88% 98%
MONTHS
Positive 0 2 4 6 22 36 71 98
Negative 1 1 2 6 14 24 49 70
% Positive 0% 67% 67% 50% 61% 60% 59% 58%
WITHDRAWAL RATES (WR)
Safe WR (%) 35.64 22.39 12.97 12.63
Perpetual WR (%) 0.00 0.00 1.92 3.71
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
  • Standard Deviation: it's a measure of the dispersion of returns around the mean
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
  • Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
  • Rolling Returns: returns over a time frame (best, worst, % of positive returns).
  • Pos./Neg. Months: number of months with positive/negative return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).

Correlations as of Dec 31, 2022

Monthly correlations of iShares MSCI Israel ETF (EIS) ETF vs the main Asset Classes, over different timeframes.

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1.

If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.

Asset correlations are calculated based on monthly returns.

Columns are sortable (click on table header to sort).

ISHARES MSCI ISRAEL ETF (EIS) ETF
Monthly correlations as of 31 December 2022
Swipe left to see all data
Correlation vs EIS
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 2009
US Total Stock Market
VTI
0.85
0.91
0.84
0.79
US Large Cap
SPY
0.83
0.90
0.82
0.78
US Small Cap
IJR
0.85
0.88
0.78
0.74
US REITs
VNQ
0.79
0.79
0.63
0.57
US Technology
QQQ
0.81
0.84
0.75
0.72
Preferred Stocks
PFF
0.52
0.72
0.64
0.53
EAFE Stocks
EFA
0.62
0.76
0.72
0.74
World All Countries
VT
0.79
0.88
0.82
0.81
Emerging Markets
EEM
0.44
0.66
0.58
0.68
Europe
VGK
0.60
0.74
0.70
0.72
Pacific
VPL
0.67
0.75
0.69
0.70
Latin America
FLLA
0.58
0.55
0.47
0.58
US Total Bond Market
BND
0.48
0.35
0.26
0.14
Long Term Treasuries
TLT
0.39
0.00
-0.05
-0.26
US Cash
BIL
-0.11
-0.26
-0.19
-0.17
TIPS
TIP
0.76
0.54
0.39
0.27
Invest. Grade Bonds
LQD
0.53
0.53
0.42
0.35
High Yield Bonds
HYG
0.68
0.77
0.67
0.61
International Bonds
BNDX
0.60
0.37
0.28
0.22
Emerg. Market Bonds
EMB
0.54
0.62
0.52
0.51
Gold
GLD
0.13
0.14
0.01
0.10
Commodities
DBC
0.33
0.51
0.34
0.43

Capital Growth as of Dec 31, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares MSCI Israel ETF (EIS) ETF: Dividend Yield page.

An investment of 1000$, since January 2013, now would be worth 1568.50$, with a total return of 56.85% (4.60% annualized).

The Inflation Adjusted Capital now would be 1213.39$, with a net total return of 21.34% (1.95% annualized).
An investment of 1000$, since January 2009, now would be worth 2398.07$, with a total return of 139.81% (6.45% annualized).

The Inflation Adjusted Capital now would be 1698.60$, with a net total return of 69.86% (3.86% annualized).

Drawdowns

Worst drawdowns since January 2013.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-27.03% Jan 2022 Dec 2022 12 in progress 12
-23.47% Feb 2020 Mar 2020 2 Nov 2020 8 10
-16.01% Aug 2015 Feb 2016 7 Jun 2017 16 23
-14.32% Sep 2018 Dec 2018 4 Nov 2019 11 15
-11.04% Jul 2017 Aug 2017 2 Jan 2018 5 7
-11.02% Apr 2014 Jan 2015 10 Jun 2015 5 15
-8.80% Feb 2018 Apr 2018 3 Jul 2018 3 6
-5.49% Apr 2013 Aug 2013 5 Sep 2013 1 6
-1.73% Jan 2014 Jan 2014 1 Feb 2014 1 2
-0.84% Nov 2021 Nov 2021 1 Dec 2021 1 2
-0.78% Sep 2021 Sep 2021 1 Oct 2021 1 2
-0.71% Dec 2019 Dec 2019 1 Jan 2020 1 2
-0.36% Jan 2021 Jan 2021 1 Feb 2021 1 2

Worst drawdowns since January 2009.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-36.55% Jan 2011 Jun 2012 18 Jul 2015 37 55
-27.03% Jan 2022 Dec 2022 12 in progress 12
-23.47% Feb 2020 Mar 2020 2 Nov 2020 8 10
-21.02% Apr 2010 Jun 2010 3 Dec 2010 6 9
-16.01% Aug 2015 Feb 2016 7 Jun 2017 16 23
-14.32% Sep 2018 Dec 2018 4 Nov 2019 11 15
-11.04% Jul 2017 Aug 2017 2 Jan 2018 5 7
-8.80% Feb 2018 Apr 2018 3 Jul 2018 3 6
-1.21% Jan 2009 Jan 2009 1 Feb 2009 1 2
-1.04% Aug 2009 Aug 2009 1 Sep 2009 1 2
-0.84% Nov 2021 Nov 2021 1 Dec 2021 1 2
-0.78% Sep 2021 Sep 2021 1 Oct 2021 1 2
-0.74% Jan 2010 Jan 2010 1 Feb 2010 1 2
-0.71% Dec 2019 Dec 2019 1 Jan 2020 1 2
-0.36% Jan 2021 Jan 2021 1 Feb 2021 1 2

Rolling Returns ( more details)

iShares MSCI Israel ETF (EIS) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
7.46 86.15
Mar 2009 - Feb 2010
-32.72
Jan 2011 - Dec 2011
30.57%
2 Years
5.77 44.56
Jan 2009 - Dec 2010
-14.47
Jan 2011 - Dec 2012
24.83%
3 Years
4.62 18.50
Jan 2019 - Dec 2021
-5.61
Apr 2010 - Mar 2013
18.80%
5 Years
4.97 13.69
Mar 2009 - Feb 2014
-1.86
Mar 2011 - Feb 2016
11.93%
7 Years
4.60 9.74
Jan 2009 - Dec 2015
-0.45
May 2011 - Apr 2018
3.53%
10 Years
4.86 8.86
Jan 2012 - Dec 2021
-0.47
Apr 2010 - Mar 2020
2.04%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI Israel ETF (EIS) ETF: Rolling Returns page.

Seasonality

iShares MSCI Israel ETF (EIS) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
2.56
60%
-1.83
60%
-4.34
40%
2.94
60%
-0.38
60%
-0.64
60%
4.17
100%
1.95
80%
-3.96
20%
1.54
60%
4.42
80%
-1.35
40%
 Capital Growth on monthly avg returns
100
102.56
100.69
96.32
99.15
98.77
98.14
102.24
104.23
100.10
101.64
106.14
104.71
Best 11.3
2019
0.9
2019
0.4
2021
12.2
2020
6.0
2018
5.0
2019
8.3
2022
5.7
2018
2.7
2019
6.2
2022
12.4
2020
8.9
2020
Worst -5.1
2022
-6.3
2020
-18.3
2020
-6.8
2022
-7.6
2019
-8.6
2022
1.4
2019
-3.9
2019
-13.6
2022
-6.6
2018
-0.8
2021
-11.3
2018
Monthly Seasonality over the period Jan 2018 - Dec 2022
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.88
50%
0.78
70%
-0.23
70%
1.52
60%
-0.10
50%
-0.05
60%
3.38
80%
-1.52
50%
-1.34
40%
0.44
50%
2.70
80%
-0.46
50%
 Capital Growth on monthly avg returns
100
100.88
101.66
101.43
102.97
102.87
102.81
106.28
104.67
103.27
103.73
106.53
106.04
Best 11.3
2019
6.9
2014
6.1
2015
12.2
2020
6.0
2018
5.0
2019
8.3
2022
5.7
2018
9.7
2013
6.2
2022
12.4
2020
8.9
2020
Worst -6.3
2016
-6.3
2020
-18.3
2020
-6.8
2022
-7.6
2019
-8.6
2022
-1.6
2017
-9.6
2017
-13.6
2022
-6.6
2018
-0.8
2021
-11.3
2018
Monthly Seasonality over the period Jan 2013 - Dec 2022
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.54
43%
0.61
64%
1.56
79%
1.34
64%
-0.87
43%
-0.80
50%
3.77
79%
-2.03
43%
-0.06
50%
1.67
64%
1.85
71%
0.51
50%
 Capital Growth on monthly avg returns
100
100.54
101.15
102.73
104.11
103.20
102.38
106.23
104.07
104.01
105.75
107.71
108.26
Best 11.3
2019
6.9
2014
8.7
2009
12.2
2020
13.9
2009
5.0
2019
14.5
2009
5.7
2018
11.0
2010
11.7
2011
12.4
2020
10.6
2010
Worst -6.3
2016
-6.3
2020
-18.3
2020
-6.8
2022
-13.4
2012
-8.6
2022
-2.4
2011
-14.2
2011
-13.6
2022
-6.6
2018
-7.9
2011
-11.3
2018
Monthly Seasonality over the period Jan 2009 - Dec 2022

Monthly/Yearly Returns

iShares MSCI Israel ETF (EIS) ETF data source starts from January 2009: let's focus on monthly and yearly returns.

We are providing two different views:
  • Histogram: it shows the distribution of the returns recorded so far
  • Plain Table: it shows the detailed monthly and yearly returns
MONTHLY RETURNS HISTOGRAM
Jan 2009 - Dec 2022
98 Positive Months (58%) - 70 Negative Months (42%)
MONTHLY RETURNS TABLE
Jan 2009 - Dec 2022
(Scroll down to see all data)
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-27.03 -31.46 -5.1 0.4 0.0 -6.8 -5.5 -8.6 8.3 3.5 -13.6 6.2 0.8 -8.2
2021
+22.84 +14.77 -0.4 0.5 0.4 6.1 0.4 1.6 1.7 1.9 -0.8 5.9 -0.8 4.5
2020
+12.01 +10.51 2.3 -6.3 -18.3 12.2 4.8 -1.7 6.4 2.5 -7.1 -0.1 12.4 8.9
2019
+20.94 +18.24 11.3 0.9 -0.5 4.3 -7.6 5.0 1.4 -3.9 2.7 2.3 5.2 -0.7
2018
-4.83 -6.62 4.7 -4.6 -3.4 -1.1 6.0 0.6 3.2 5.7 -1.0 -6.6 4.5 -11.3
2017
+12.79 +10.46 3.8 4.5 1.8 1.0 1.7 3.9 -1.6 -9.6 3.4 -1.0 0.8 4.3
2016
-3.99 -5.94 -6.3 -0.7 4.4 1.0 -1.0 -1.3 5.1 0.0 -2.5 -3.3 0.7 0.2
2015
+7.79 +7.01 -1.3 3.3 6.1 2.1 -0.2 0.9 7.3 -8.9 -4.5 4.9 0.4 -1.5
2014
-1.69 -2.42 -1.7 6.9 3.8 -2.3 1.2 0.8 -0.8 -1.9 0.3 -4.0 -0.8 -2.6
2013
+18.29 +16.54 1.5 2.8 3.4 -1.3 -0.9 -1.7 2.9 -4.5 9.7 0.2 3.9 1.6
2012
+8.74 +6.88 6.6 -3.8 6.1 1.4 -13.4 -1.4 0.7 -0.2 9.5 2.7 3.4 -1.4
2011
-32.72 -34.66 -6.0 -0.3 4.1 0.3 -3.4 -2.9 -2.4 -14.2 -12.4 11.7 -7.9 -2.8
2010
+15.31 +13.61 -0.7 3.5 5.3 -6.5 -8.3 -7.9 6.2 2.2 11.0 3.8 -2.4 10.6
2009
+81.24 +76.44 -1.2 1.3 8.7 8.5 13.9 1.5 14.5 -1.0 4.5 0.8 5.8 5.3
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