Defiance Launches Israel 120 ETF on NASDAQ
1 report, 1 independent
Updated Fri 00:00
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What happened
Defiance ETFs launched the Defiance KSM Israel 120 ETF (NASDAQ:ISRL) on September 25, 2026, listing it on Nasdaq. The fund tracks the KSM Israel 120 Index, which covers roughly 120 companies listed in Tel Aviv. The ETF carries a net expense ratio of 0.59%, and shares were priced at $24.90 on September 23, 2026.
From aol.com
Why it matters
The new ETF challenges established index providers like EIS and MSCI. ISRL anchors its portfolio to a locally maintained Tel Aviv index rather than benchmarks from MSCI or MarketVector. The fund carries risks related to single-country concentration and shekel currency swings.
From aol.com
Who's involved
Who could feel it
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The entities involved
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