Defiance KSM Israel 120 ETF (ISRL) Performance
ISRL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +93.0% since Dec 31, 2025
- 1 year
- +91.4% total return
- 3 years
- +31.2% a year
- Since first price
- +26.4% a year since 2023
ISRL trailing returns vs SPY, QQQ, AGG
| Period | ISRL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.2% | −4.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +78.1% | +78.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +79.4% | +79.4% | +7.8% | +8.4% | −1.5% |
| YTD | +93.0% | +93.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +91.4% | +91.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +125.7%+31.2%/yr | +125.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 28, 2023 | +134.8%+26.4%/yr | +134.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ISRL vs SPY
From Feb 28, 2023: ISRL grew to $23,484, SPY to $20,107.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ISRL returns by calendar year
2 of 2 full years positive. Best 2025 (+8.8%), worst 2024 (+5.8%). 2026 is year to date.
ISRL annual returns table
| Year | ISRL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +93.0% | −34.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.8% | −13.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.8% | −0.7% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ISRL largest drawdowns
Now 7.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 10, 2026 | −34.2% | May 6, 2026 | Sep 1, 2026 | 57 days | 6 months |
| May 13, 2025 | −13.9% | Dec 12, 2025 | Jan 27, 2026 | 7 months | 9 months |
| Jan 28, 2026 | −11.2% | Feb 9, 2026 | Feb 13, 2026 | 12 days | 16 days |
| Sep 4, 2026 | −10.7% | Oct 12, 2026 | not yet | 38 days | 49 days so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ISRL risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +31.6% | +27.8% |
| Volatility (annualized) | 47.3% | 43.8% |
| Sharpe ratio | 0.65 | 0.61 |
| Sortino ratio | 3.71 | 3.47 |
| Best month | +79.0% | +79.0% |
| Worst month | −11.0% | −11.0% |
| Best 12 months | +90.5% | +90.5% |
| Worst 12 months | −0.9% | −0.9% |
| Positive months | 72% | 76% |
| Beta vs S&P 500 | -0.64 | — |
| Correlation with S&P 500 | -0.18 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ISRL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 32 | −0.9% | +7.6% | +90.5% | 97% |
| 3-year (a year) | 8 | +6.9% | +11.5% | +31.6% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
ISRL performance overview
Defiance KSM Israel 120 ETF (ISRL) returned +91.4% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +26.4% a year, turning $10,000 into about $23,484. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −34.2%, from Mar 10, 2026 to May 6, 2026, and it took 4 months to get back to the old high. Volatility has been 43.8% a year.
Related: ISRL chart, ISRL holdings. See the ISRL overview for the latest quote and fund facts.
ISRL performance FAQ
What is the ISRL return over the past year?
ISRL returned +91.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 91.4%.
How much would $10,000 invested in ISRL be worth?
$10,000 invested in ISRL at its first recorded close on February 28, 2023 would be worth about $23,484 on October 23, 2026 with distributions reinvested.
What was the worst year for ISRL?
The worst calendar year was 2024, with a total return of +5.8%. The best was 2025 at +8.8%.
What is the biggest drawdown of ISRL?
The largest peak-to-trough decline was −34.2% between March 10, 2026 and May 6, 2026. It recovered to the old high on September 1, 2026, 4 months after the bottom.
How volatile is ISRL?
Over the past 3 years ISRL had an annualized volatility of 47.3% and a Sharpe ratio of 0.65 (excess return over 1–3 month T-bills per unit of risk).