ITEQ

BlueStar Israel Technology ETF

The BlueStar TA-BIGITech Israel Technology ETF tracks an index composed of Israeli technology companies listed globally.


Global

EQUITY

Rules-Based

MANAGEMENT STYLE

87.8 M

ASSETS UNDER MGMT

75 bp

EXPENSES
Fund Basics
Fund sponsorETF Managers Group
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateNov 02, 2015
Assets (mns)$88
Expense ratio75 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionCommittee
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
CHECK POINT SOFTWARE TECH 9.8 %
CYBERARK SOFTWARE LTD. 8.3 %
ELBIT SYSTEMS LTD 8.3 %
MONDAY.COM LTD. 7.1 %
AMDOCS LTD 7.0 %
NICE SYSTEMS LTD-SPONS ADR 6.8 %
WIX.COM LTD 4.8 %
SPRINT CORP. 3.9 %
NOVA LTD 3.1 %
VARONIS SYSTEMS INC 3.1 %
Constituent Breakdown
Number of holdings51
Herfindahl-Hirschman Index 489
Wgt avg mkt cap (mns)$12,329
Large cap (>$10bn)52.0%
Mid cap ($2-10bn)27.8%
Small cap (<$2bn)20.2%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
ISRAEL 70.9 %
UNITED STATES 26.1 %
BRITAIN 1.0 %
Historical Performance


Standardized Performance (as of 02/28/2025)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 0.8% 7.2% 6.1% -2.6% 4.6% -- 8.2%
Volatility 21.0% 19.8% 20.0% 24.6% 27.9% -- --
Market Correlations
versus...BetaR-squared
S&P 5001.0668%
MSCI EAFE0.8445%
MSCI Emg Mkts0.7132%
Liquidity Measures
Avg. volume (000)5
Turnover0.3%
Avg. Bid/Ask (% of price)0.17%
ADV of underlying (mns)$1,274
Technical Indicators
Recent close$50.19
30d moving avg.$51.68
Annualized volatility21.9%
Relative strength (RSI)43
Short interest (ETF)0.4%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: ITEQ vs. Comps (1 YR)

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Results & Estimates
  2020 2021 2022 2023 2024 2025E 2026E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2024 2025E Fwd Est 2026E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
3.3 27.2 2.9 0.4% --
Based on closing prices from 4/2/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
ITEQ



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

ITEQ

2.1%

Cat. Avg

4.5%


ALTAR Score™ Calculation

Category Overview
There are 363 funds in the Global Equity category, with an average ALTAR Score™ of 4.5% and a standard deviation of 4.0%. ITEQ's ALTAR Score™ is approximately 0.6 standard deviations below the category average. This places ITEQ in the 26th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

ITEQ
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Global Equity ETFs
# of ETFs 191
Avg. Expense Ratio 55.4 bp
Std. Deviation 17.5 bp
ITEQ (75 bp) Percentile rank 87
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
ITEQ 75.0 16.5 91.5
Peer Avg. 56.2 39.5 95.7
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .