Good question, Israel is just coming off a peak of infections.
Last peak in January, the infection rate was 981 per million with a resulting death rate of 7/million per day at the peak of deaths
This infection peak is at 1254 (25 percent higher than last peak) per million with a death rate of 3.8 per million (about 50 percent lower)
So now there are 25 percent more infections, resulting in a 50 percent lower death rate.
The difference is caused by the vaccinations, in January, 0 percent fully vaccinated and 10 percent 1 dose only. Now 63 percent fully vaccinated and 69 percent at least one dose.
So Israel is doing a lot better.