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 GBP | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI Taiwan UCITS ETFIE00B0M63623 | 573 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Xtrackers MSCI Taiwan UCITS ETF 1CLU0292109187 | 120 | 0.65% p.a. | Accumulating | Luxembourg | Full replication | |
| Franklin FTSE Taiwan UCITS ETF SINGLCLASSIE000CM02H85 | 96 | 0.19% p.a. | Accumulating | Ireland | Full replication | |
| HSBC MSCI Taiwan Capped UCITS ETF USDIE00B3S1J086 | 43 | 0.50% p.a. | Distributing | Ireland | Full replication | |
| Xtrackers MSCI Taiwan UCITS ETF 1DLU2928641757 | 15 | 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 | -5.46% | 12.43% | 26.86% | 24.61% | 72.90% | |
| MSCI Taiwan 20/35 Custom | -5.46% | 12.43% | 27.00% | 25.56% | 74.43% | |
| FTSE Taiwan 30/18 Capped | -4.95% | 13.66% | 28.98% | 26.95% | 77.82% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| MSCI Taiwan 20/35 | 20.74% | 25.71% | 21.63% | -20.84% | 28.82% | |
| MSCI Taiwan 20/35 Custom | 21.73% | 25.93% | 21.70% | -21.04% | 28.83% | |
| FTSE Taiwan 30/18 Capped | 23.14% | 25.06% | 23.39% | - | - |
Source: justETF.com; As of 30.11.25; Calculations in GBP based on the largest ETF of the respective index.
The best Taiwan ETFs
by 1 year return
| 1 | Franklin FTSE Taiwan UCITS ETF SINGLCLASS | 26.95% |
| 2 | Xtrackers MSCI Taiwan UCITS ETF 1C | 25.56% |
| 3 | HSBC MSCI Taiwan Capped UCITS ETF USD | 25.32% |
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 9 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) | 3 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 GBP | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI EM Asia UCITS ETF (Acc)IE00B5L8K969 | 3,811 | 0.20% p.a. | Accumulating | Ireland | Full replication | |
| SPDR MSCI EM Asia UCITS ETFIE00B466KX20 | 933 | 0.55% p.a. | Accumulating | Ireland | Full replication | |
| iShares MSCI AC Far East ex-Japan UCITS ETFIE00B0M63730 | 824 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 | 560 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| UBS MSCI AC Asia ex Japan SF UCITS ETF USD accIE00B7WK2W23 | 497 | 0.23% p.a. | Accumulating | Ireland | Swap-based | |
| Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 | 447 | 0.60% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI AC Asia Ex Japan UCITS ETF AccLU1900068161 | 283 | 0.50% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USDIE00BBQ2W338 | 242 | 0.45% p.a. | Accumulating | Ireland | Full replication | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USD (Dist)IE00022VXYM7 | 16 | 0.45% p.a. | Distributing | 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 | -4.47% | 8.41% | 18.59% | 18.30% | 31.00% | |
| MSCI AC Asia ex Japan | -4.23% | 10.35% | 21.59% | 23.70% | 37.87% | |
| MSCI Emerging Markets Asia | -4.70% | 10.99% | 22.34% | 23.85% | 39.57% | |
| MSCI AC Far East ex Japan | -5.07% | 10.78% | 26.42% | 31.22% | 41.57% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| MSCI AC Asia Pacific ex Japan | 18.24% | 11.54% | 0.89% | -7.77% | -3.00% | |
| MSCI AC Asia ex Japan | 22.82% | 13.51% | 0.06% | -10.16% | -3.78% | |
| MSCI Emerging Markets Asia | 24.29% | 13.63% | 1.75% | -10.37% | -5.16% | |
| MSCI AC Far East ex Japan | 29.29% | 13.27% | -3.25% | -11.22% | -9.10% |
Source: justETF.com; As of 30.11.25; Calculations in GBP 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 21 ETFs. The total expense ratio (TER) of ETFs on emerging markets indices is between 0.11% p.a. and 0.55% 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) | 18 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 GBP | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Xtrackers MSCI Emerging Markets UCITS ETF 1CIE00BTJRMP35 | 7,229 | 0.18% p.a. | Accumulating | Ireland | Optimized sampling | |
| iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 | 5,328 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 | 4,520 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Amundi Core MSCI Emerging Markets Swap UCITS ETF DistLU2573966905 | 2,974 | 0.14% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Amundi Core MSCI Emerging Markets UCITS ETF AccLU1437017350 | 2,768 | 0.18% p.a. | Accumulating | Luxembourg | Full replication | |
| Amundi Core MSCI Emerging Markets Swap UCITS ETF AccLU2573967036 | 2,664 | 0.14% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 | 2,408 | 0.15% p.a. | Distributing | Ireland | Full replication | |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) DistributingIE00B3VVMM84 | 2,326 | 0.17% p.a. | Distributing | Ireland | Full replication | |
| UBS Core MSCI EM UCITS ETF USD disLU0480132876 | 1,671 | 0.15% p.a. | Distributing | Luxembourg | Optimized sampling | |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingIE00BK5BR733 | 1,064 | 0.17% p.a. | Accumulating | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Swap UCITS ETF USD AccLU1681045453 | 981 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 | 969 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Amundi Core MSCI Emerging Markets UCITS ETF EUR DistLU1737652583 | 731 | 0.18% p.a. | Distributing | Luxembourg | Full replication | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 | 605 | 0.15% p.a. | Accumulating | Ireland | Full replication | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 | 566 | 0.49% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 | 314 | 0.19% p.a. | Accumulating | Ireland | Unfunded swap | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1DIE000GWA2J58 | 218 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| Amundi Core MSCI Emerging Markets UCITS ETF USD DistLU2277591868 | 163 | 0.18% p.a. | Distributing | Luxembourg | Full replication | |
| Amundi MSCI Emerging Markets Swap II UCITS ETF USD AccFR0010435297 | 87 | 0.55% p.a. | Accumulating | France | Unfunded swap | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1DLU2675291913 | 78 | 0.18% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Franklin FTSE Emerging Markets UCITS ETF USD CapitalisationIE0004I037N4 | 9 | 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 | -3.25% | 8.26% | 17.91% | 19.48% | 34.65% | |
| MSCI Emerging Markets | -3.76% | 10.87% | 21.85% | 24.52% | 36.88% |
| Index | 2025 in % | 2024 in % | 2023 in % | 2022 in % | 2021 in % | |
|---|---|---|---|---|---|---|
| FTSE Emerging | 17.72% | 13.74% | 2.02% | -7.55% | 0.58% | |
| MSCI Emerging Markets | 24.33% | 9.13% | 3.61% | -10.57% | -1.50% |
Source: justETF.com; As of 30.11.25; Calculations in GBP based on the largest ETF of the respective index.
