ITEQ Performance — BlueStar Israel Technology ETF
Data updated: 2024-02-28
ITEQ returned +4.90% over one year to Dec 2023. The annualised 3-year return is −12.31%. The fund beat its Israel Technology Equity category average: $100 invested three years ago grew to $67, against $61 for the category, and to $105 over one year, against $102. Volatility over the past three years was 22.81% a year. In the 12 months to Dec 2023 the fund took in a net $32.8M, and assets reached $85.50M.
ITEQ Growth of $100
What $100 invested in BlueStar Israel Technology ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Israel Technology Equity category average over the same months.
| Period | ITEQ | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $105 | $102 |
| 3 years (Jan 2021 – Dec 2023) | $67 | $61 |
| Since data start (Jan 2020 – Dec 2023) | $108 | $90 |
ITEQ Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.90% |
| 3 years (annualised) | −12.31% |
ITEQ Annual Returns
Calendar-year total returns of BlueStar Israel Technology ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +4.90% |
| 2022 | −30.34% |
| 2021 | −7.71% |
| 2020 | +59.83% |
ITEQ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +7.8% | −2.7% | 0.0% | −5.0% | +5.3% | +0.1% | +4.2% | −7.8% | −7.2% | −11.0% | +14.6% | +9.9% |
| 2022 | −13.6% | +2.9% | −0.4% | −10.5% | −4.0% | −5.9% | +8.0% | −1.1% | −9.2% | +3.3% | +1.5% | −4.4% |
| 2021 | +4.1% | −0.7% | −8.4% | +6.5% | −4.2% | +5.8% | −1.0% | −0.2% | −4.5% | +6.2% | −8.9% | −1.1% |
| 2020 | +4.7% | −6.8% | −14.2% | +15.1% | +12.8% | +0.5% | +10.9% | +7.8% | −1.4% | +1.3% | +8.9% | +12.6% |
ITEQ Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 22.81%
- 3-year Sharpe ratio: -0.74 (vs 4.5% risk-free rate)
- Best month: +14.60% (Nov 2023)
- Worst month: −13.62% (Jan 2022)
ITEQ Fund Flows
Monthly money in and out of BlueStar Israel Technology ETF, from SEC Form N-PORT.
- 12-month net flow: $32.8M
- 12-month gross sales (incl. reinvestments): $2.3M
- Sales ÷ redemptions: -0.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $0 | −$6.8M | $6.8M |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | −$5.6M | $5.6M |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $0 | $0 | $0 |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | $0 | −$2.3M | $2.3M |
| May 2023 | $0 | −$2.3M | $2.3M |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $2.3M | −$9.0M | $11.3M |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $0 | −$4.5M | $4.5M |
ITEQ Assets Under Management
Net assets of BlueStar Israel Technology ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $85.50M |
| 2023-09-30 | $88.69M |
| 2023-06-30 | $99.51M |
| 2023-03-31 | $103.95M |
| 2022-12-31 | $110.14M |
| 2022-09-30 | $116.44M |
| 2022-06-30 | $110.96M |
| 2022-03-31 | $142.80M |
| 2021-12-31 | $173.93M |
| 2021-09-30 | $191.67M |
| 2021-06-30 | $217.16M |
| 2021-03-31 | $201.06M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.