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: 0.90%
1 year: 31.98%
3 years: 23.58%
5 years: 102.95%
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 GBP | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI Taiwan UCITS ETFIE00B0M63623 | 383 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| HSBC MSCI Taiwan Capped UCITS ETF USDIE00B3S1J086 | 152 | 0.50% p.a. | Distributing | Ireland | Full replication | |
| Xtrackers MSCI Taiwan UCITS ETF 1CLU0292109187 | 94 | 0.65% p.a. | Accumulating | Luxembourg | Full replication | |
| Franklin FTSE Taiwan UCITS ETF IE000CM02H85 | 10 | 0.19% p.a. | Accumulating | Ireland | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| FTSE Taiwan 30/18 Capped | -2.26% | 2.63% | 6.05% | 26.07% | - | |
| MSCI Taiwan 20/35 | -2.45% | 2.68% | 6.34% | 26.57% | 21.08% | |
| MSCI Taiwan 20/35 Custom | -2.45% | 2.72% | 6.41% | 26.67% | 21.22% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| FTSE Taiwan 30/18 Capped | 20.00% | 23.39% | - | - | - | |
| MSCI Taiwan 20/35 | 20.49% | 21.63% | -20.84% | 28.82% | 31.30% | |
| MSCI Taiwan 20/35 Custom | 20.61% | 21.70% | -21.04% | 28.83% | 32.91% |
Source: justETF.com; As of 30/11/2024; Calculations in GBP 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 | 27.79% |
| 2 | Xtrackers MSCI Taiwan UCITS ETF 1C | 26.67% |
| 3 | iShares MSCI Taiwan UCITS ETF | 26.57% |
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 | Asia 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 | Asia Pacific Taiwan: 16.42% (30/11/2022) | 2 ETFs | 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 | Asia 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 | Asia Pacific Taiwan: 18.46% (30/11/2022) | 3 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 GBP | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI EM Asia UCITS ETF (Acc)IE00B5L8K969 | 2,471 | 0.20% p.a. | Accumulating | Ireland | Full replication | |
| SPDR MSCI EM Asia UCITS ETFIE00B466KX20 | 701 | 0.55% p.a. | Accumulating | Ireland | Full replication | |
| iShares MSCI AC Far East ex-Japan UCITS ETFIE00B0M63730 | 599 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 | 485 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 | 323 | 0.60% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-accIE00B7WK2W23 | 212 | 0.23% p.a. | Accumulating | Ireland | Swap-based | |
| Amundi MSCI AC Asia Ex Japan UCITS ETF AccLU1900068161 | 194 | 0.50% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USDIE00BBQ2W338 | 97 | 0.45% p.a. | Accumulating | Ireland | Optimized sampling | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USD (Dist)IE00022VXYM7 | 9 | 0.45% p.a. | Distributing | Ireland | Optimized sampling |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI AC Far East ex Japan | -2.56% | 5.83% | 5.39% | 12.93% | -6.32% | |
| MSCI Emerging Markets Asia | -2.21% | 3.14% | 4.85% | 15.00% | 1.23% | |
| MSCI AC Asia ex Japan | -1.76% | 3.86% | 5.42% | 15.27% | 0.89% | |
| MSCI AC Asia Pacific ex Japan | 0.12% | 4.24% | 6.78% | 15.96% | 3.22% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI AC Far East ex Japan | 10.75% | -3.25% | -11.22% | -9.10% | 21.03% | |
| MSCI AC Asia Pacific ex Japan | 11.54% | 0.89% | -7.77% | -3.00% | 17.82% | |
| MSCI AC Asia ex Japan | 11.89% | 0.06% | -10.16% | -3.78% | 20.35% | |
| MSCI Emerging Markets Asia | 11.90% | 1.75% | -10.37% | -5.16% | 23.42% |
Source: justETF.com; As of 30/11/2024; 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 (28/06/2024) | 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 | 1,253 (29/11/2024) | 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 | 4,548 | 0.18% p.a. | Accumulating | Ireland | Optimized sampling | |
| iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 | 3,731 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 | 2,754 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (C)LU1437017350 | 2,539 | 0.18% p.a. | Accumulating | Luxembourg | Full replication | |
| HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 | 2,116 | 0.15% p.a. | Distributing | Ireland | Full replication | |
| Vanguard FTSE Emerging Markets UCITS ETF DistributingIE00B3VVMM84 | 1,913 | 0.22% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Emerging Markets II UCITS ETF DistLU2573966905 | 1,815 | 0.14% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Amundi MSCI Emerging Markets II UCITS ETF AccLU2573967036 | 1,385 | 0.14% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-disLU0480132876 | 1,148 | 0.18% p.a. | Distributing | Luxembourg | Optimized sampling | |
| Amundi MSCI Emerging Markets UCITS ETF USDLU1681045453 | 722 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 | 539 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Vanguard FTSE Emerging Markets UCITS ETF AccIE00BK5BR733 | 522 | 0.22% p.a. | Accumulating | Ireland | Full replication | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 | 481 | 0.49% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (D)LU1737652583 | 436 | 0.18% p.a. | Distributing | Luxembourg | Full replication | |
| Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 | 319 | 0.19% p.a. | Accumulating | Ireland | Unfunded swap | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 | 258 | 0.15% p.a. | Accumulating | Ireland | Full replication | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1DIE000GWA2J58 | 169 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR - USD (D)LU2277591868 | 129 | 0.18% p.a. | Distributing | Luxembourg | Full replication | |
| Amundi MSCI Emerging Markets III UCITS ETF USD AccFR0010435297 | 88 | 0.55% p.a. | Accumulating | France | Unfunded swap | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1DLU2675291913 | 70 | 0.18% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Franklin FTSE Emerging Markets UCITS ETF USD CapitalisationIE0004I037N4 | 8 | 0.11% p.a. | Accumulating | Ireland | Full replication |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets | -2.15% | 2.08% | 3.33% | 11.54% | 0.77% | |
| FTSE Emerging | -1.28% | 5.13% | 5.65% | 14.75% | 5.93% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets | 7.90% | 3.61% | -10.57% | -1.50% | 14.15% | |
| FTSE Emerging | 11.65% | 2.02% | -7.55% | 0.58% | 10.95% |
Source: justETF.com; As of 30/11/2024; Calculations in GBP based on the largest ETF of the respective index.