Israelite vs Asian

Israelite and Asian both are nouns.

Word	Noun	Adjective	Verb	Adverb
Israelite	Yes	No	No	No
Asian	Yes	Yes	No	No

As nouns, Asian is a hypernym of Israelite; that is, Asian is a word with a broader meaning than Israelite:

Other hypernyms of Israelite include Asiatic.

Israelite (noun)	Asian (noun)
a native or inhabitant of the ancient kingdom of Israel	a native or inhabitant of Asia
a person belonging to the worldwide group claiming descent from Jacob (or converted to it) and connected by cultural or religious ties

Israelite (adjective)	Asian (adjective)
	of or relating to or characteristic of Asia or the peoples of Asia or their languages or culture