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)
1 month: 1,61%
1 year: 35,38%
3 years: 26,32%
5 years: 108,12%
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 4 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 is 1 ETF. 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 (28-02-2022) | 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 (30-11-2022) | 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 | 1 ETF | 87 (30-11-2022) | 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 | 461 | 0,74% p.a. | Distribueren | Ierland | Volledige replicatie | |
| HSBC MSCI Taiwan Capped UCITS ETF USDIE00B3S1J086 | 183 | 0,50% p.a. | Distribueren | Ierland | Volledige replicatie | |
| Xtrackers MSCI Taiwan UCITS ETF 1CLU0292109187 | 119 | 0,65% p.a. | Accumulerend | Luxemburg | Volledige replicatie | |
| Franklin FTSE Taiwan UCITS ETF IE000CM02H85 | 12 | 0,19% p.a. | Accumulerend | Ierland | Volledige replicatie |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| FTSE Taiwan 30/18 Capped | -2,02% | 3,75% | 8,47% | 30,84% | - | |
| MSCI Taiwan 20/35 | -2,19% | 3,80% | 8,77% | 31,39% | 23,94% | |
| MSCI Taiwan 20/35 Custom | -2,18% | 3,86% | 8,84% | 31,49% | 24,09% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| FTSE Taiwan 30/18 Capped | 25,31% | 25,96% | - | - | - | |
| MSCI Taiwan 20/35 | 25,85% | 24,13% | -25,01% | 37,83% | 24,27% | |
| MSCI Taiwan 20/35 Custom | 25,96% | 24,21% | -25,19% | 37,84% | 25,77% |
Source: justETF.com; As of 30-11-2024; Calculations in EUR based on the largest ETF of the respective index.
The best Taiwan ETFs
by 1 year return
| 1 | HSBC MSCI Taiwan Capped UCITS ETF USD | 32,63% |
| 2 | Xtrackers MSCI Taiwan UCITS ETF 1C | 31,49% |
| 3 | iShares MSCI Taiwan UCITS ETF | 31,39% |
The cheapest Taiwan ETFs
by total expense ratio (TER)
| 1 | Franklin FTSE Taiwan UCITS ETF | 0,19% p.a. |
| 2 | HSBC MSCI Taiwan Capped UCITS ETF USD | 0,50% p.a. |
| 3 | Xtrackers MSCI Taiwan UCITS ETF 1C | 0,65% p.a. |
Alternative investment opportunities
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 | Azië-Pacific Taiwan: 13.57% (30/11/2022) | 1 ETF | 1.113 (29-11-2024) | 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 | Azië-Pacific Taiwan: 16.42% (30/11/2022) | 1 ETF | 1.054 (29-11-2024) | 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 | Azië-Pacific Taiwan: 19.76% (30/11/2022) | 3 ETFs | 898 (29-11-2024) | 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 | Azië-Pacific Taiwan: 18.46% (30/11/2022) | 4 ETFs | 1.010 (29-11-2024) | 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 | 2.983 | 0,20% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| SPDR MSCI EM Asia UCITS ETFIE00B466KX20 | 847 | 0,55% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| Amundi MSCI Emerging Markets Asia UCITS ETF EUR (C)LU1681044480 | 795 | 0,20% p.a. | Accumulerend | Luxemburg | Niet-gefinancierde swap | |
| iShares MSCI AC Far East ex-Japan UCITS ETFIE00B0M63730 | 728 | 0,74% p.a. | Distribueren | Ierland | Volledige replicatie | |
| Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 | 590 | 0,20% p.a. | Accumulerend | Luxemburg | Niet-gefinancierde swap | |
| Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 | 392 | 0,60% p.a. | Accumulerend | Luxemburg | Niet-gefinancierde swap | |
| UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-accIE00B7WK2W23 | 256 | 0,23% p.a. | Accumulerend | Ierland | Swap-gebaseerd | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USDIE00BBQ2W338 | 116 | 0,45% p.a. | Accumulerend | Ierland | Geoptimaliseerde sampling | |
| iShares MSCI AC Far East ex-Japan UCITS ETF USD (Acc)IE00BKPX3K41 | 33 | 0,74% p.a. | Accumulerend | Ierland | Volledige replicatie |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI AC Far East ex Japan | -2,29% | 6,99% | 7,80% | 17,23% | -4,11% | |
| MSCI Emerging Markets Asia | -1,95% | 4,27% | 7,25% | 19,38% | 3,62% | |
| MSCI AC Asia ex Japan | -1,50% | 5,00% | 7,82% | 19,66% | 3,28% | |
| MSCI AC Asia Pacific ex Japan | 0,39% | 5,38% | 9,22% | 20,37% | 5,66% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI AC Far East ex Japan | 15,69% | -1,28% | -15,89% | -2,74% | 14,53% | |
| MSCI AC Asia Pacific ex Japan | 16,50% | 2,96% | -12,62% | 3,78% | 11,51% | |
| MSCI AC Asia ex Japan | 16,86% | 2,12% | -14,88% | 2,94% | 13,90% | |
| MSCI Emerging Markets Asia | 16,88% | 3,84% | -15,09% | 1,48% | 16,80% |
Source: justETF.com; As of 30-11-2024; 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 18 ETFs. The total expense ratio (TER) of ETFs on emerging markets indices is between 0,14% p.a. and 0,55% p.a..
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| FTSE Emerging | Opkomende markten Taiwan: 15.84% (30/11/2022) | 2 ETFs | 2.219 (28-06-2024) | The FTSE Emerging index tracks stocks from emerging markets worldwide. Index factsheet |
| MSCI Emerging Markets | Opkomende markten Taiwan: 14.41% (30/11/2022) | 16 ETFs | 1.253 (29-11-2024) | 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 | 5.488 | 0,18% p.a. | Accumulerend | Ierland | Geoptimaliseerde sampling | |
| iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 | 4.504 | 0,18% p.a. | Distribueren | Ierland | Volledige replicatie | |
| iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 | 3.325 | 0,18% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (C)LU1437017350 | 3.067 | 0,18% p.a. | Accumulerend | Luxemburg | Volledige replicatie | |
| HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 | 2.553 | 0,15% p.a. | Distribueren | Ierland | Volledige replicatie | |
| Amundi MSCI Emerging Markets UCITS ETF EUR (C)LU1681045370 | 2.334 | 0,20% p.a. | Accumulerend | Luxemburg | Niet-gefinancierde swap | |
| Vanguard FTSE Emerging Markets UCITS ETF DistributingIE00B3VVMM84 | 2.315 | 0,22% p.a. | Distribueren | Ierland | Volledige replicatie | |
| Amundi MSCI Emerging Markets II UCITS ETF DistLU2573966905 | 2.189 | 0,14% p.a. | Distribueren | Luxemburg | Niet-gefinancierde swap | |
| UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-disLU0480132876 | 1.386 | 0,18% p.a. | Distribueren | Luxemburg | Geoptimaliseerde sampling | |
| Amundi MSCI Emerging Markets UCITS ETF USDLU1681045453 | 874 | 0,20% p.a. | Accumulerend | Luxemburg | Niet-gefinancierde swap | |
| Amundi MSCI Emerging Markets III UCITS ETF EUR AccFR0010429068 | 807 | 0,55% p.a. | Accumulerend | Frankrijk | Niet-gefinancierde swap | |
| SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 | 650 | 0,18% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| Vanguard FTSE Emerging Markets UCITS ETF AccIE00BK5BR733 | 615 | 0,22% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 | 584 | 0,49% p.a. | Accumulerend | Luxemburg | Niet-gefinancierde swap | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (D)LU1737652583 | 525 | 0,18% p.a. | Distribueren | Luxemburg | Volledige replicatie | |
| Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 | 386 | 0,19% p.a. | Accumulerend | Ierland | Niet-gefinancierde swap | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 | 310 | 0,15% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| Amundi MSCI Emerging Markets III UCITS ETF USD AccFR0010435297 | 106 | 0,55% p.a. | Accumulerend | Frankrijk | Niet-gefinancierde swap |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets | -1,90% | 3,19% | 5,69% | 15,77% | 3,15% | |
| FTSE Emerging | -1,01% | 6,29% | 8,08% | 19,12% | 8,44% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets | 12,68% | 5,75% | -15,28% | 5,39% | 8,01% | |
| FTSE Emerging | 16,62% | 4,11% | -12,40% | 7,62% | 4,99% |
Source: justETF.com; As of 30-11-2024; Calculations in EUR based on the largest ETF of the respective index.