How to invest in Turkey using ETFs
How do I invest in Turkish stocks?
The easiest way to invest in the whole Turkish stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Turkish stock market you'll find 1 index which is tracked by ETFs.
Besides ETFs on Turkey, there are no regional ETFs available with significant weight of Turkish stocks.
Performance of Turkish stocks (MSCI Turkey)
1 month: 7.63%
1 year: 50.53%
3 years: 136.98%
5 years: 116.95%
Indices in comparison
The best indices for ETFs on Turkey
For an investment in the Turkish stock market, there is 1 index available which is tracked by 3 ETFs. On the MSCI Turkey index there are 3 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.45% p.a. and 0.74% p.a..
Index | Investment focus | Number of ETFs | Number of constituents | Short description |
---|---|---|---|---|
MSCI Turkey | Turkey | 3 ETFs | 17 (30/04/2024) | The MSCI Turkey index tracks Turkish large and mid cap stocks. Index factsheet |
ETF ISIN | Fund size in m GBP | TER in % | Use of profits | Fund domicile | Replication method | |
---|---|---|---|---|---|---|
iShares MSCI Turkey UCITS ETFIE00B1FZS574 | 96 | 0.74% p.a. | Distributing | Ireland | Full replication | |
Amundi MSCI Turkey UCITS ETF AccLU1900067601 | 81 | 0.45% p.a. | Accumulating | Luxembourg | Unfunded swap | |
HSBC MSCI Turkey UCITS ETF USDIE00B5BRQB73 | 10 | 0.50% p.a. | Distributing | Ireland | Full replication |
Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
---|---|---|---|---|---|---|
MSCI Turkey | 15.58% | 19.71% | 24.78% | 41.82% | 127.52% |
Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
---|---|---|---|---|---|---|
MSCI Turkey | 32.21% | -11.21% | 112.36% | -27.87% | -12.30% |
Source: justETF.com; As of 30/04/2024; Calculations in GBP based on the largest ETF of the respective index.
The best Turkey ETFs
by 1 year return
1 | Amundi MSCI Turkey UCITS ETF Acc | 46.00% |
2 | iShares MSCI Turkey UCITS ETF | 41.82% |
3 | HSBC MSCI Turkey UCITS ETF USD | 41.76% |
The cheapest Turkey ETFs
by total expense ratio (TER)
1 | Amundi MSCI Turkey UCITS ETF Acc | 0.45% p.a. |
2 | HSBC MSCI Turkey UCITS ETF USD | 0.50% p.a. |
3 | iShares MSCI Turkey UCITS ETF | 0.74% p.a. |