Israel

On a down day for U.S. stocks, even the latest rumor of a mega pharmaceuticals deal is proving ineffective in propping up exchange traded funds tracking the industry. Multiple media outlets are reporting that Israeli generic drug giant Teva Pharmaceuticals (NasdaqGS: TEVA) is mulling a bid for Mylan (NYSE: MYL). “Teva hasn’t made a formal […]

Increased mergers and acquisitions in the pharmaceuticals space has been a boon for healthcare-heavy Israel exchange traded funds. Year-to-date, the Market Vectors Israel ETF (NYSEArca: ISRA) and the iShares MSCI Israel Capped ETF (NYSEArca: EIS) are up an average of 11.6%, an advantage of 260 basis points over the MSCI EAFE Index. The two ETFs […]

The Israeli markets and related exchange traded funds could begin to strengthen after the Bank of Israel joined the growing group of central banks implementing loose monetary policies to foster growth. Year-to-date, the Market Vectors Israel ETF (NYSEArca: ISRA) is up 2.3% and the iShares MSCI Israel Capped ETF (NYSEArca: EIS) is 3.3% higher. Growth […]

Amid events including military conflicts in Gaza and Ukraine, and the beheadings of three journalists by ISIS, a spate of uncertainty has crept into some ex-U.S. global equity markets, but Israeli stocks have remained surprisingly durable. That has proven to be good news for the Market Vectors Israel ETF (NYSEArca: ISRA) and the iShares MSCI […]

In an attempt to gain acceptance into broad MSCI Inc. (NYSE: MSCI) Europe indices, and potentially into related exchange traded funds, Israel’s Tel Aviv Stock Exchange could end its Sunday open schedule and switch over to Western trading days. Julien Assous, chief executive officer of Israel Brokerage & Investments and a member of the TASE […]

Geopolitical volatility and uncertainty has riled global markets this year, with the most recent skirmishes between Israeli’s military and Hamas pressuring  dedicated Israel exchange traded funds. The iShares MSCI Israel Capped ETF (NYSEArca: EIS) fell 1.3% Tuesday while the Market Vectors Israel ETF (NYSEArca: ISRA) dipped 1.1%. Nevertheless, EIS is still up 8.2% and ISRA […]

Since MSCI promoted Israel to developed market status, the country has not seen its status in various multi-country developed market exchange traded funds increase. Fortunately, Israel is accessible via two exchange traded funds, both of which have delivered for investors this year. The iShares MSCI Israel Capped ETF (NYSEArca: EIS), the older of the two […]

Since the start of 2013, several notable developed markets have taken turns being momentum plays. That roster would include the U.S., Japan and various members of the Eurozone. Israel, the country most recently promoted to developed market status from emerging markets classification by index provider MSCI (that promotion occurred several years ago), is a legitimate […]

Since MSCI promoted Israel to developed market status, many investors pared exposure to the country. Nevertheless, investors can utilize exchange traded funds to augment their Israeli equity position. International investors began to push Israeli stocks to the side after MSCI Inc. shifted the country into its developed-market index and out of the emerging-market benchmark in […]

With mergers and acquisitions activity on the uptick, the familiar question of “Who is next?” is being asked. The answer may just be Israeli drugmaker Teva Pharmaceuticals (NasdaqGM: TEVA). Shares of Teva, the world’s largest maker of generic drugs, surged nearly 10% last week to highest levels in over four years. Volume was 62% above […]

This might go down as the year of U.S. stocks and the resurgence of some technology and many Internet equities in the world’s largest economies, but other countries are home to burgeoning tech sectors as well. Israel is a prime example of a developed market with a booming technology startup scene. “Israel’s startup industry has […]

ETF Spotlight on the Market Vectors Israel ETF (NYSEArca: ISRA), part of an ongoing series. Assets: $25.3 million Objective: The Market Vectors Israel fund tries to reflect the performance of the BlueStar Israel Global Index, which is comprised of the largest and most liquid publicly traded Israeli and Israeli-linked companies, along with some mid- and […]

August was the worst month for U.S. stocks since May 2012 and the worst month for ETF outflows since early 2010. A variety of factors played parts in those ominous anecdotes coming to pass, but chief among those negative catalysts is the tenable situation in Syria. Near the end of last month, speculation grew that […]

Van Eck Global’s ETF unit Market Vectors on Wednesday introduced a new fund designed to provide investors with exposure to Israel. Market Vectors Israel ETF (NYSEArca: ISRA) will charge a net expense ratio of 0.59% and tracks the BlueStar Israel Global Index. The benchmark is comprised of Israeli and Israeli-linked companies. It replicates the performance […]

Twice as in a second interest rate cut and will it be good news for the iShares MSCI Israel Capped Investable Market Index Fund (NYSEArca: EIS). Believe it or not, less than two weeks after the Bank of Israel surprisingly lowered interest rates by 25 basis points to 1.5%, there is chatter the central bank […]

Despite a resolution to the fiscal cliff, the consequences of the budget deal will still negatively affect the markets and exchange traded funds. One iShares analyst points out some potential pitfalls and opportunities in the months ahead. “The fiscal drag left in place by the deal, coupled with the lingering uncertainty surrounding the debt ceiling, […]

Click here to listen. I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market. This week, I talked about the iShares MSCI Israel Capped Investable Market Index Fund (NYSEArca: EIS). With attractive valuations and global brand […]

We recently combed industry databases and resources for listed ETFs and ranked them by Price to Earnings ratios, simply to see how various funds stacked up against each other. The results that we discovered were reasonably surprising to us, as the ETF with the lowest P/E ratio is a little known single country ETF that […]

Many exchange traded funds that track individual countries have been beaten to a pulp in 2011. Some bargain hunters see cheap valuations in these hard-hit ETFs despite global debt and economic tensions. Last week, we took a look at some of the most oversold ETFs measured by distance from the 50-day moving averages. [The Contrarian: […]

Besides rattling investors, the recent protests in Egypt have provided a few other object lessons, particularly for investors in frontier market exchange traded funds (ETFs). Tamer El Ghobasky and Christopher Rhoads for The Wall Street Journal report that daily life in Egypt and North Africa may be merging back to normal. The uprising is in […]

One day after luring investors in droves, sending trading volume through the roof, the Market Vectors Egypt (NYSEArca: EGPT) exchange traded fund (ETF) is sagging under the weight of increasingly violent protests. EGPT is down more than 5% today as protests in Cairo turned violent. President Hosni Mubarak’s supporters are clashing with anti-government protesters, resulting […]

Pharmaceutical exchange traded funds (ETFs) are poised to come roaring back after a lackluster 2010. Just say…yes? Last year, pharma underperformed as economic crisis and high joblessness led people to cut back on “non-essentials.” Unfortunately, prescriptions often got lumped into that class. Cost-consciousness will likely persist, but therein lies the opportunity. Americans are forecast to […]

The recession that gripped the U.S. economy from December 2007 until June 2009 has been officially declared over. With that, exchange traded funds (ETFs) surged. According to the ETF Dashboard, investors are looking abroad this morning despite reports that the U.S. recession is kaput. Leading the way is iShares MSCI Israel (NYSEArca: EIS), which is […]

Israel’s country-specific exchange traded fund (ETF) may be an attractive international play, given that it performs like an emerging market. The country’s economy is actually considered to be developed, with strong biotechnology, technology and pharmaceutical sectors. Health care reform could be the tipping point. The opinions and forecasts expressed herein are solely those of Tom […]

After last night’s revelry, the markets and exchange traded funds (ETFs) this morning have health care, job numbers and leading indicators on the brain. In early trading, the markets are green (perhaps like many of us). The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. […]

Israel and its related exchange traded fund (ETFs) has attracted a lot of foreign money and investors can’t seem to stay away from the country’s technology industry. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or […]

Twice a year, MSCI reviews its indexes, and the MSCI Emerging Markets Index – the underlying index for the iShares MSCI Emerging Markets Index (EEM) exchange traded fund (ETF) – is about to see more changes. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. […]

The Middle Eastern region is influencing world affairs and exchange traded funds (ETFs) in a big way as global economic development becomes more and more tied to the region’s copious reserves of hydrocarbon resources. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on […]

As emerging countries “decouple,” emerging economies and related exchange traded funds (ETFs) may outpace the markets of bulkier developed countries. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a […]

Changes in the world could soon be leading to changes in a major emerging markets index and its exchange traded fund (ETF). The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to […]