How to invest in Taiwan using ETFs
How do I invest in Taiwanese stocks?
The easiest way to invest in the whole Taiwanese stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Taiwanese stock market you'll find 3 indices which are tracked by ETFs.
Alternatively, you may invest in indices on the Asia-Pacific region or emerging markets.
Performance of Taiwanese stocks (MSCI Taiwan 20/35)
Indices in comparison
The best indices for ETFs on Taiwan
For an investment in the Taiwanese stock market, there are 3 indices available which are tracked by 5 ETFs. On the FTSE Taiwan 30/18 Capped index there is 1 ETF. On the MSCI Taiwan 20/35 index there are 2 ETFs. On the MSCI Taiwan 20/35 Custom index there are 2 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.19% p.a. and 0.74% p.a..
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
FTSE Taiwan 30/18 Capped | Taiwan | 1 ETF | 108 (28.02.22) | The FTSE Taiwan 30/18 Capped index tracks Taiwanese large and mid capitalization stocks. The weight of the largest constituent is constrained to 30% and the weights of all other constituents are constrained to a maximum of 18%. Index factsheet |
MSCI Taiwan 20/35 | Taiwan | 2 ETFs | 87 (30.11.22) | The MSCI Taiwan 20/35 index tracks large- and mid-cap companies from Taiwan. The weight of the largest constituent is constrained to 35% and the weights of all other constituents are constrained to a maximum of 20%. Index factsheet |
MSCI Taiwan 20/35 Custom | Taiwan | 2 ETFs | 87 (30.11.22) | The MSCI Taiwan 20/35 Custom index tracks large- and mid-cap companies from Taiwan. The weight of the largest constituent is constrained to 35% and the weights of all other constituents are constrained to a maximum of 20%. A buffer of 10% is applied on these limits at each index rebalancing. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI Taiwan UCITS ETFIE00B0M63623 | 656 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Xtrackers MSCI Taiwan UCITS ETF 1CLU0292109187 | 138 | 0.65% p.a. | Accumulating | Luxembourg | Full replication | |
| Franklin FTSE Taiwan UCITS ETF SINGLCLASSIE000CM02H85 | 110 | 0.19% p.a. | Accumulating | Ireland | Full replication | |
| HSBC MSCI Taiwan Capped UCITS ETF USDIE00B3S1J086 | 49 | 0.50% p.a. | Distributing | Ireland | Full replication | |
| Xtrackers MSCI Taiwan UCITS ETF 1DLU2928641757 | 18 | 0.29% p.a. | Distributing | Luxembourg | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Taiwan 20/35 | -4.93% | 11.35% | 21.94% | 18.47% | 70.86% | |
| MSCI Taiwan 20/35 Custom | -4.93% | 11.36% | 22.08% | 19.37% | 72.40% | |
| FTSE Taiwan 30/18 Capped | -4.41% | 12.58% | 23.95% | 20.71% | 75.71% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| MSCI Taiwan 20/35 | 14.16% | 31.75% | 24.13% | -25.01% | 37.83% | |
| MSCI Taiwan 20/35 Custom | 15.11% | 31.97% | 24.21% | -25.19% | 37.84% | |
| FTSE Taiwan 30/18 Capped | 16.42% | 31.05% | 25.96% | - | - |
Source: justETF.com; As of 30.11.25; Calculations in EUR based on the largest ETF of the respective index.
The best Taiwan ETFs
by 1 year return
| 1 | Franklin FTSE Taiwan UCITS ETF SINGLCLASS | 20.71% |
| 2 | Xtrackers MSCI Taiwan UCITS ETF 1C | 19.37% |
| 3 | HSBC MSCI Taiwan Capped UCITS ETF USD | 19.14% |
The cheapest Taiwan ETFs
by total expense ratio (TER)
| 1 | Franklin FTSE Taiwan UCITS ETF SINGLCLASS | 0.19% p.a. |
| 2 | Xtrackers MSCI Taiwan UCITS ETF 1D | 0.29% p.a. |
| 3 | HSBC MSCI Taiwan Capped UCITS ETF USD | 0.50% p.a. |
Asia-Pacific indices with a share of Taiwan
Besides Taiwan ETFs you may consider ETFs on Asia-Pacific. In total, you can invest in 4 Asia-Pacific indices, which are tracked by 10 ETFs. The total expense ratio (TER) of ETFs on Asia-Pacific is between 0.20% p.a. and 0.74% p.a..
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| MSCI AC Asia Pacific ex Japan | Asia Pacific Taiwan: 13.57% (30/11/2022) | 1 ETF | 1,060 (28.11.25) | The MSCI AC Asia Pacific ex Japan index tracks equity markets of the emerging and developed countries of the Asia and Pacific region, excluding Japan. Index factsheet |
| MSCI AC Asia ex Japan | Asia Pacific Taiwan: 16.42% (30/11/2022) | 2 ETFs | 1,009 (28.11.25) | The MSCI AC Asia ex Japan index tracks equity markets of the emerging and developed countries of the Asia region, excluding Japan. Index factsheet |
| MSCI AC Far East ex Japan | Asia Pacific Taiwan: 19.76% (30/11/2022) | 3 ETFs | 846 (28.11.25) | The MSCI AC Far East ex Japan index tracks equity markets of the emerging and developed countries of the East Asian region, excluding Japan. Index factsheet |
| MSCI Emerging Markets Asia | Asia Pacific Taiwan: 18.46% (30/11/2022) | 4 ETFs | 966 (28.11.25) | The MSCI Emerging Markets Asia index tracks large and mid cap companies from Asian emerging markets. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI EM Asia UCITS ETF (Acc)IE00B5L8K969 | 4,367 | 0.20% p.a. | Accumulating | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Asia UCITS ETF EUR (C)LU1681044480 | 1,208 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| SPDR MSCI EM Asia UCITS ETFIE00B466KX20 | 1,069 | 0.55% p.a. | Accumulating | Ireland | Full replication | |
| iShares MSCI AC Far East ex-Japan UCITS ETFIE00B0M63730 | 945 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 | 640 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| UBS MSCI AC Asia ex Japan SF UCITS ETF USD accIE00B7WK2W23 | 569 | 0.23% p.a. | Accumulating | Ireland | Swap-based | |
| Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 | 511 | 0.60% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI AC Asia Ex Japan UCITS ETF AccLU1900068161 | 324 | 0.50% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USDIE00BBQ2W338 | 277 | 0.45% p.a. | Accumulating | Ireland | Full replication | |
| iShares MSCI AC Far East ex-Japan UCITS ETF USD (Acc)IE00BKPX3K41 | 76 | 0.74% p.a. | Accumulating | Ireland | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI AC Asia Pacific ex Japan | -3.93% | 7.38% | 13.99% | 12.49% | 29.47% | |
| MSCI AC Asia ex Japan | -3.70% | 9.29% | 16.87% | 17.61% | 36.25% | |
| MSCI Emerging Markets Asia | -4.16% | 9.93% | 17.59% | 17.74% | 37.92% | |
| MSCI AC Far East ex Japan | -4.52% | 9.73% | 21.51% | 24.76% | 39.91% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| MSCI AC Asia Pacific ex Japan | 11.81% | 16.92% | 2.96% | -12.62% | 3.78% | |
| MSCI AC Asia ex Japan | 16.13% | 18.97% | 2.12% | -14.88% | 2.94% | |
| MSCI Emerging Markets Asia | 17.53% | 19.10% | 3.84% | -15.09% | 1.48% | |
| MSCI AC Far East ex Japan | 22.25% | 18.71% | -1.28% | -15.89% | -2.74% |
Source: justETF.com; As of 30.11.25; Calculations in EUR based on the largest ETF of the respective index.
Emerging markets indices with a share of Taiwan
As further alternative you may invest in ETFs on emerging markets. In total, you can consider 2 emerging markets indices tracked by 23 ETFs. The total expense ratio (TER) of ETFs on emerging markets indices is between 0.11% p.a. and 0.66% p.a..
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| FTSE Emerging | Emerging Markets Taiwan: 15.84% (30/11/2022) | 3 ETFs | 2,219 (28.06.24) | The FTSE Emerging index tracks stocks from emerging markets worldwide. Index factsheet |
| MSCI Emerging Markets | Emerging Markets Taiwan: 14.41% (30/11/2022) | 20 ETFs | 1,196 (28.11.25) | The MSCI Emerging Markets index tracks stocks from emerging markets worldwide. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Xtrackers MSCI Emerging Markets UCITS ETF 1CIE00BTJRMP35 | 8,266 | 0.18% p.a. | Accumulating | Ireland | Optimized sampling | |
| iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 | 6,105 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 | 5,179 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Amundi Core MSCI Emerging Markets Swap UCITS ETF DistLU2573966905 | 3,401 | 0.14% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Amundi Core MSCI Emerging Markets UCITS ETF AccLU1437017350 | 3,165 | 0.18% p.a. | Accumulating | Luxembourg | Full replication | |
| Amundi MSCI Emerging Markets Swap UCITS ETF EUR AccLU1681045370 | 3,032 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 | 2,754 | 0.15% p.a. | Distributing | Ireland | Full replication | |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) DistributingIE00B3VVMM84 | 2,665 | 0.17% p.a. | Distributing | Ireland | Full replication | |
| UBS Core MSCI EM UCITS ETF USD disLU0480132876 | 1,910 | 0.15% p.a. | Distributing | Luxembourg | Optimized sampling | |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingIE00BK5BR733 | 1,220 | 0.17% p.a. | Accumulating | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Swap UCITS ETF USD AccLU1681045453 | 1,121 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 | 1,110 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Swap II UCITS ETF EUR AccFR0010429068 | 839 | 0.55% p.a. | Accumulating | France | Unfunded swap | |
| Amundi Core MSCI Emerging Markets UCITS ETF EUR DistLU1737652583 | 835 | 0.18% p.a. | Distributing | Luxembourg | Full replication | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 | 692 | 0.15% p.a. | Accumulating | Ireland | Full replication | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 | 648 | 0.49% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 | 359 | 0.19% p.a. | Accumulating | Ireland | Unfunded swap | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1DIE000GWA2J58 | 250 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| UBS MSCI EM SF UCITS ETF USD accIE00B3Z3FS74 | 144 | 0.14% p.a. | Accumulating | Ireland | Swap-based | |
| Deka MSCI Emerging Markets UCITS ETF DE000ETFL342 | 143 | 0.66% p.a. | Accumulating | Germany | Unfunded swap | |
| Amundi MSCI Emerging Markets Swap II UCITS ETF USD AccFR0010435297 | 103 | 0.55% p.a. | Accumulating | France | Unfunded swap | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1DLU2675291913 | 90 | 0.18% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Franklin FTSE Emerging Markets UCITS ETF USD CapitalisationIE0004I037N4 | 10 | 0.11% p.a. | Accumulating | Ireland | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| FTSE Emerging | -2.69% | 7.22% | 13.34% | 13.59% | 33.08% | |
| MSCI Emerging Markets | -3.21% | 9.80% | 17.13% | 18.39% | 35.26% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| FTSE Emerging | 11.32% | 19.19% | 4.11% | -12.40% | 7.62% | |
| MSCI Emerging Markets | 17.56% | 14.36% | 5.75% | -15.28% | 5.39% |
Source: justETF.com; As of 30.11.25; Calculations in EUR based on the largest ETF of the respective index.
