What this ETF is trying to do

The ISHARES MSCI IRELAND ETF (ticker: EIRL) is an exchange-traded fund designed to track companies located in Ireland. By owning this ETF, investors are getting exposure to a variety of businesses within the Irish market.

What the numbers show

As of October 9, 2026, the current price of one share of EIRL is $78.50. An estimated price from roughly one year ago was approximately $67.13.

It is important to understand two different ways to measure performance:

• Price Return: This measures only how much the share price changed. For the past year, the one-year price return was approximately 16.94%. The year-to-date (YTD) price return is about 6.79%. Over three years, the price return was approximately 46.78%.

• Total Return: This measures the share price change plus any cash distributions paid out. The one-year total return was approximately 19.87%, which is higher than the price return alone. The YTD total return is about 8.37%, and the three-year total return was approximately 57.36%.

Income and distribution explanation

This ETF has a distribution yield of approximately 2.40%. This number represents the cash distributions paid out relative to the ETF's price. It is important to remember that a distribution yield is not the same as a total return.

The data shows that distributions for this ETF have been "irregular" or less frequent, with two payouts occurring in the last 12 months. While these payments provide cash, they do not guarantee that the value of your investment will stay the same.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value, which is the actual value of the assets held within the fund. If an ETF has high NAV erosion, it means the underlying value of its holdings is dropping.

For EIRL, the erosion-risk score is 100, and the data shows "no price erosion detected." This indicates that the fund's price trend does not currently show signs of this type of risk.

Top Holdings

The following are the top holdings in this portfolio. Please note that this is a partial list and does not include all 31 companies held by the ETF:

• AIB GROUP PLC: 19.60%

• BANK OF IRELAND GROUP PLC: 14.68%

• KINGSPAN GROUP PLC: 11.74%

• KERRY GROUP PLC CLASS A: 4.56%

• RYANAIR HOLDINGS PLC: 4.50%

*Holdings are updated as of October 4, 2026, and can change over time.*

Pros

• The ETF has shown positive price returns and total returns over the one-year and three-year periods.

• The erosion-risk measurement is categorized as "good," with no price erosion detected.

Cons

• The distribution frequency is irregular, meaning cash payments do not happen on a set schedule.

Beginner takeaway

When looking at EIRL, remember to distinguish between the share price movement (price return) and the total amount earned including cash payments (total return). While this ETF has provided both price growth and distributions, always look at the total return to see the full picture of performance.