Israeli Equity ETF Tracks Market Pullback After Launch
What happened
The Defiance KSM Israel 120 ETF, which tracks Israeli equities, traded at $24.62 on Friday morning. The fund has only had 17 trading sessions on record. Over the past week, the ETF was down 1.76% and slightly below its starting price of $24.67 from September 1. The established iShares MSCI Israel ETF fell 2.16% over the same period.
From 247wallst.com
Why it matters
The recent pullback in the ETF suggests that the decline reflects the broader movement of Israeli equities. The ETF tracks the KSM Israel 120 Index and charges a 0.59% net expense ratio per its prospectus dated August 28, 2026.
From 247wallst.com
Who's involved
- SECNot mentioned in this event
- Ambiq MicroNot mentioned in this event
- Workday, Inc.Not mentioned in this event
- April MillerNot mentioned in this event
- AIRO GroupNot mentioned in this event
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Workday, Inc.Speculative
Investors in Israeli equities might see their investment prices fluctuate due to market sentiment and currency movements.
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The entities involved
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SEC
Slovak company
Related events
- The iShares Future AI & Tech ETF filed with the SEC, disclosing its fund holdings and sales data.
- Foundations Investment Advisors LLC filed a Form 13F report detailing a stake purchase in the Invesco S& Emerging Markets Momentum ETF.
- Tidal Financial Group provides full-stack platform services for ETFs, including handling SEC filings for clients.
- The American Century U.S. Quality Growth ETF has filed its holdings information with the Securities and Exchange Commission (SEC).
- Worth Asset Management LLC acquired a stake in the Quadratic Deflation ETF, and the institutional activity was filed with the SEC on September 1, 2026.