By Benzinga : By The ETF Professor Van Eck's Market Vectors unit, the fifth-largest U.S. ETF issuer by assets under management, has filed plans with the Securities and Exchange Commission to possibly introduce the Market Vectors Israel ETF. The prospectus filed with the SEC includes ticker and expense ratio information, indicating Market Vectors could be close to bringing the fund to market. The Market Vectors Israel ETF will trade on the New York Stock Exchange under the ticker "[[ISRA]]" and have an annual expense ratio of 0.59 percent, according to the filing. ISRA will compete directly with the iShares MSCI Israel Capped Investable Market Index Fund ( EIS - News ), which recently turned five years old.