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: 8.06%
1 year: 9.20%
3 years: 100.75%
5 years: 42.31%
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 2 ETFs. On the MSCI Turkey index there are 2 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 | 2 ETFs | 18 (30/09/2024) | 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 | |
|---|---|---|---|---|---|---|
| Amundi MSCI Turkey UCITS ETF AccLU1900067601 | 100 | 0.45% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| iShares MSCI Turkey UCITS ETFIE00B1FZS574 | 80 | 0.74% p.a. | Distributing | Ireland | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Turkey | -6.95% | -20.73% | -18.96% | 4.25% | 90.16% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Turkey | 8.21% | -9.87% | 115.72% | -27.10% | -12.26% |
Source: justETF.com; As of 31/10/2024; 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 | 4.25% |
| 2 | iShares MSCI Turkey UCITS ETF | 2.86% |
The cheapest Turkey ETFs
by total expense ratio (TER)
| 1 | Amundi MSCI Turkey UCITS ETF Acc | 0.45% p.a. |
| 2 | iShares MSCI Turkey UCITS ETF | 0.74% p.a. |