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)
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 | 15 (30/12/2022) |
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 | 111 | 0.74% p.a. | Distributing | Ireland | Full replication | |
Lyxor MSCI Turkey UCITS ETF - AccLU1900067601 | 54 | 0.45% p.a. | Accumulating | Luxembourg | Unfunded swap | |
HSBC MSCI Turkey UCITS ETF USDIE00B5BRQB73 | 11 | 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 | 7.84% | 49.66% | 90.46% | 112.63% | 34.34% |
Index | 2023 in % |
2022 in % |
2021 in % |
2020 in % |
2019 in % |
|
---|---|---|---|---|---|---|
MSCI Turkey | - | 112.63% | -28.03% | -12.22% | 6.85% |
Source: justETF.com; As of 31/12/2022; Calculations in GBP based on the largest ETF of the respective index.
The best Turkey ETFs
by 1 year return
1 | Lyxor MSCI Turkey UCITS ETF - Acc | 115.72% |
2 | iShares MSCI Turkey UCITS ETF | 112.63% |
3 | HSBC MSCI Turkey UCITS ETF USD | 112.16% |
The cheapest Turkey ETFs
by total expense ratio (TER)
1 | Lyxor 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. |