ITEQ: BlueStar Israel Technology ETF - MutualFunds.com
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BlueStar Israel Technology ETF

ITEQ - Snapshot

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return 27.7%
  • 5 Yr Annualized Return 24.6%
  • Net Assets $217 M
  • Holdings in Top 10 60.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 19.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare ITEQ to Popular Technology Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$211.00

-0.16%

$54.13 B

0.63%

$1.34

16.46%

0.10%

$411.19

-0.25%

$54.13 B

0.63%

$2.61

16.87%

0.10%

$152.85

-0.36%

$42.30 B

0.70%

$1.08

18.31%

0.12%

$31.04

-0.58%

$12.92 B

-

$0.00

14.45%

0.70%

$28.73

-0.45%

$12.30 B

-

$0.00

6.92%

0.69%

ITEQ - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 27.7%
  • 5 Yr Annualized Total Return 24.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BlueStar Israel Technology ETF
  • Fund Family Name
    ETFMG
  • Inception Date
    Nov 02, 2015
  • Shares Outstanding
    3100000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Samuel Masucci

Fund Description

The index tracks the performance of exchange-listed Israeli technology operating companies. Such companies may be engaged in a wide spectrum of technology related sectors, including information technology, biotechnology, clean energy and water technology and defense technology. The fund will invest at least 80% of its total assets in the component securities of the index and in depositary receipts representing such securities. It is non-diversified.


ITEQ - Performance

Return Ranking - Trailing

Period ITEQ Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -80.7% 39.8% 95.03%
1 Yr 49.6% 31.1% 168.7% 38.72%
3 Yr 27.7%* 7.4% 47.2% 50.68%
5 Yr 24.6%* 8.8% 51.8% 85.71%
10 Yr N/A* 6.4% 24.9% N/A

* Annualized

Return Ranking - Calendar

Period ITEQ Return Category Return Low Category Return High Rank in Category (%)
2020 59.0% -63.4% 154.1% 18.40%
2019 37.6% -3.0% 63.7% 33.03%
2018 -0.6% -49.7% 16.4% 14.14%
2017 26.9% -17.3% 83.6% 57.14%
2016 3.4% -17.1% 43.0% 69.36%

Total Return Ranking - Trailing

Period ITEQ Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -80.6% 39.8% 95.32%
1 Yr 49.6% 24.4% 168.7% 32.96%
3 Yr 27.7%* 6.1% 47.2% 39.67%
5 Yr 24.6%* 8.8% 51.8% 87.22%
10 Yr N/A* 6.4% 24.9% N/A

* Annualized

Total Return Ranking - Calendar

Period ITEQ Return Category Return Low Category Return High Rank in Category (%)
2020 59.0% -63.4% 154.1% 18.40%
2019 37.6% -3.0% 63.7% 33.03%
2018 -0.6% -49.7% 16.4% 28.79%
2017 26.9% -17.3% 83.6% 73.54%
2016 3.4% -17.1% 43.0% 80.92%

ITEQ - Holdings

Concentration Analysis

ITEQ Category Low Category High ITEQ % Rank
Net Assets 217 M 1.5 M 54.1 B 65.20%
Number of Holdings 66 10 458 32.14%
Net Assets in Top 10 130 M 2.77 K 30.9 B 43.37%
Weighting of Top 10 60.02% 6.6% 100.0% 15.82%

Top 10 Holdings

  1. SolarEdge Technologies Inc 8.06%
  2. NICE Ltd 7.93%
  3. NICE Ltd 7.93%
  4. NICE Ltd 7.93%
  5. NICE Ltd 7.93%
  6. NICE Ltd 7.93%
  7. NICE Ltd 7.93%
  8. NICE Ltd 7.93%
  9. NICE Ltd 7.93%
  10. NICE Ltd 7.93%

Asset Allocation

Weighting Return Low Return High ITEQ % Rank
Stocks
99.58% 70.02% 112.51% 57.14%
Cash
0.42% -12.51% 27.80% 41.84%
Preferred Stocks
0.00% 0.00% 1.86% 39.54%
Other
0.00% -2.47% 23.16% 44.90%
Convertible Bonds
0.00% 0.00% 0.08% 38.01%
Bonds
0.00% 0.00% 2.41% 40.56%

Stock Sector Breakdown

Weighting Return Low Return High ITEQ % Rank
Technology
63.53% 3.49% 100.00% 46.94%
Healthcare
12.40% 0.00% 29.73% 6.12%
Communication Services
9.92% 0.00% 96.42% 61.48%
Industrials
6.11% 0.00% 45.09% 12.76%
Financial Services
3.77% 0.00% 55.70% 52.30%
Utilities
3.27% 0.00% 3.53% 0.51%
Consumer Cyclical
0.99% 0.00% 41.01% 70.15%
Real Estate
0.00% 0.00% 13.06% 51.79%
Energy
0.00% 0.00% 5.01% 38.27%
Consumer Defense
0.00% 0.00% 18.94% 48.21%
Basic Materials
0.00% 0.00% 9.23% 44.39%

Stock Geographic Breakdown

Weighting Return Low Return High ITEQ % Rank
US
53.11% 14.69% 100.00% 95.41%
Non US
46.47% 0.00% 84.91% 4.34%

ITEQ - Expenses

Operational Fees

ITEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.08% 2.68% 42.35%
Management Fee 0.75% 0.00% 1.95% 56.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.50% N/A

Sales Fees

ITEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ITEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ITEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 3.00% 284.00% 19.33%

ITEQ - Distributions

Dividend Yield Analysis

ITEQ Category Low Category High ITEQ % Rank
Dividend Yield 0.00% 0.00% 0.39% 44.44%

Dividend Distribution Analysis

ITEQ Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ITEQ Category Low Category High ITEQ % Rank
Net Income Ratio -0.12% -2.42% 2.28% 44.62%

Capital Gain Distribution Analysis

ITEQ Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

ITEQ - Fund Manager Analysis

Managers

Samuel Masucci


Start Date

Tenure

Tenure Rank

Jan 31, 2018

3.41

3.4%

Samuel Masucci, III has more than 25 years’ experience in investment banking, structured product development, sales and trading. In the last 5 years, he founded ETF Managers Group (ETFMG) hich has led to the launch of 15 funds and $3 billion in assets. . Prior to ETFMG, Mr. Samuel Masucci, III has held senior positions at Bear Stearns, UBS, SBC Warburg, and Merrill Lynch and has experience in creating, building and managing businesses for the issuance, sales and trading of: ETFs, index products, commodity products, hedge funds, ABS, and OTC structured products in the U.S. and Europe.

Devin Ryder


Start Date

Tenure

Tenure Rank

May 07, 2018

3.15

3.2%

Devin Ryder began her career with ETF Managers Group LLC during the summer of 2017 and re‑joined ETF Managers Group LLC on a permanent basis in 2018 to be a part of the portfolio management team. Prior to joining ETF Managers Group LLC, Ms. Ryder was pursuing studies in the quantitative aspects of risk management and finance, for which she received a B.S. in Mathematics of Finance and Risk Management from the University of Michigan in 2017.

Donal Bishnoi


Start Date

Tenure

Tenure Rank

Sep 30, 2019

1.75

1.8%

Donal A. Bishnoi, CFA, has more than 16 years of experience in portfolio management and risk management. Prior to joining ETF Managers Group, LLC, Mr. Bishnoi held a senior portfolio management position with Oppenheimer Funds from 2018 to 2019 where he was responsible for managing approximately $5 billion in assets across 20 passive strategies. In his previous role at the Oppenheimer Funds Inc. he was a risk manager for the equity mutual funds and exchange traded funds. Prior to joining Oppenheimer Funds in 2010, Mr. Bishnoi managed a long/short systematic equity strategy at Moore Capital from 2007 to 2009. Mr. Bishnoi received a B.S. in Finance from the Boston University. He is a Chartered Financial Analyst charter holder from the CFA Institute.

Frank Vallario


Start Date

Tenure

Tenure Rank

Sep 30, 2019

1.75

1.8%

Frank Vallario serves in the role of Chief Investment Officer for the ETF Managers Group, LLC. Mr. Vallario is responsible for the portfolio construction, trading, risk management and portfolio analysis processes associated with ETF strategies. Prior to his current role, Mr. Vallario has had a variety of senior roles over his 25-year career in financial services. He joined Oppenheimer Funds in 2017 where he was Head of Equity Portfolio Management for Smart Beta ETFs. Prior to that he was Senior Portfolio Manager at Columbia Threadneedle from September 2015 to June 2017 where he was responsible for the day to day management of the firm’s ETF business, which was acquired from his previous firm, Emerging Global Advisors (EGA). From September 2010 to September 2015, he was relationship manager at MSCI responsible for providing investment solutions to complex problems using MSCI Barra’s fundamental models and portfolio construction tools. Previously, he was a partner in a start-up asset management firm where he served as the director of portfolio management. Mr. Vallario began his career at UBS Global Asset Management where he spent over a decade in various quantitative portfolio management equity roles including equity market neutral, tactical asset allocation, structured active equities, enhanced index, passive management and factor research. Mr. Vallario serves on the Investment Committee for the Girl Scouts of Connecticut and is a University Affiliate at the University of Utah - David Eccles School of Business. He received a B.S. in Finance from Lehigh University and a M.B.A. with a concentration in Finance from Rutgers University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.52 6.17 1.21