- ISIN
- US4642867158
- CUSIP
- 464286715
- Issuer
- iShares
- Inception Date
- Mar 26, 2008
- Region
- North America (U.S.)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Turkey Investable Market Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $209M
Highlights
- Avg. Volume (1M)
- 95K
- Avg. Volume Value (1M)
- $3.70M
Share Price Chart
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Performance
TUR Performance Chart
iShares MSCI Turkey ETF (TUR) is up 11.9% since the beginning of the year. TUR is currently trading at $38 per share. Investors who bought $1,000 worth of TUR shares 5 years ago would now be looking at an investment worth $1,966.
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Returns By Period
iShares MSCI Turkey ETF (TUR) has returned 11.93% so far this year and 14.75% over the past 12 months. Over the last ten years, TUR has returned 2.90% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
iShares MSCI Turkey ETF
- 1D
- 0.90%
- 1M
- -3.25%
- 6M
- -6.60%
- YTD
- 11.93%
- 1Y
- 14.75%
- 3Y*
- 6.78%
- 5Y*
- 14.48%
- 10Y*
- 2.90%
- ALL TIME*
- 1.07%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TUR Monthly Returns History
Based on dividend-adjusted daily data since Mar 28, 2008, TUR's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.
Historically, 50% of months were positive and 50% were negative. The best month was Nov 2022 with a return of +26.2%, while the worst month was Oct 2008 at -35.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.
On a daily basis, TUR closed higher 51% of trading days. The best single day was Dec 20, 2021 with a return of +21.2%, while the worst single day was Mar 22, 2021 at -19.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 19.84% | -1.50% | -4.87% | 9.94% | -10.10% | 3.03% | -2.11% | 11.93% | |||||
| 2025 | 0.22% | -4.62% | -4.26% | -6.55% | -2.22% | 9.23% | 4.93% | 4.25% | -3.00% | -0.23% | -1.90% | 3.80% | -1.54% |
| 2024 | 10.90% | 4.72% | -4.13% | 11.85% | 5.17% | 0.62% | -0.57% | -11.30% | -1.83% | -7.86% | 8.83% | -1.31% | 12.91% |
| 2023 | -8.38% | 4.66% | -8.06% | -5.06% | -2.00% | -3.73% | 19.68% | 10.83% | 2.91% | -11.44% | 3.28% | -7.52% | -8.83% |
| 2022 | 9.90% | -8.33% | 10.58% | 7.68% | -4.49% | -8.20% | 1.21% | 16.89% | -1.82% | 23.14% | 26.15% | 8.41% | 105.75% |
| 2021 | 0.60% | 0.23% | -13.96% | 1.39% | -1.63% | -5.30% | 5.17% | 7.36% | -10.63% | 0.19% | -15.68% | 3.93% | -27.41% |
Benchmark Metrics
iShares MSCI Turkey ETF has an annualized alpha of -3.74%, beta of 1.04, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since March 28, 2008.
- This ETF participated in 105.76% of S&P 500 Index downside but only 68.72% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.30 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -3.74%
- Beta
- 1.04
- R²
- 0.30
- Upside Capture
- 68.72%
- Downside Capture
- 105.76%
Expense Ratio
TUR has an expense ratio of 0.59%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TUR ranks 28 for risk / return — above 28% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for iShares MSCI Turkey ETF (TUR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TUR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.25 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 2.00 | -1.07 |
| Martin ratioReturn relative to average drawdown | 2.29 | 8.49 | -6.20 |
Dividends
Dividend History
iShares MSCI Turkey ETF provided a 2.20% dividend yield over the last twelve months, with an annual payout of $0.84 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.84 | $0.83 | $0.64 | $1.43 | $0.73 | $0.78 | $0.23 | $0.89 | $1.00 | $1.15 | $0.94 | $1.11 |
Dividend yield | 2.20% | 2.40% | 1.79% | 4.43% | 1.97% | 4.22% | 0.87% | 3.29% | 4.05% | 2.64% | 2.89% | 3.04% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI Turkey ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.48 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.83 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.64 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $1.43 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.78 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI Turkey ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares MSCI Turkey ETF was 72.34%, occurring on Mar 20, 2020. The portfolio has not yet recovered.
The current iShares MSCI Turkey ETF drawdown is 29.55%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-72.34%Mar 2020 | 6y 10mo | — | 13y 2moMay 2013 - now | COVID crash2020 |
-68.94%Nov 2008 | 3mo 17d | 1y 1mo | 1y 5moAug 2008 - Jan 2010 | Financial crisis2007–2009 |
-48.29%Dec 2011 | 1y 1mo | 1y 4mo | 2y 6moNov 2010 - May 2013 | — |
-24.57%Jul 2008 | 1mo 13d | 28d | 2mo 11dMay 2008 - Jul 2008 | Financial crisis2007–2009 |
-18.54%Jun 2010 | 1mo 23d | 1mo 26d | 3mo 19dApr 2010 - Aug 2010 | — |
Drawdown Indicators
| TUR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.34% | -56.78% | -15.56% |
Max Drawdown (1Y)Largest decline over 1 year | -16.07% | -9.10% | -6.97% |
Max Drawdown (3Y)Largest decline over 3 years | -31.63% | -18.90% | -12.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.63% | -25.43% | -6.20% |
Max Drawdown (10Y)Largest decline over 10 years | -59.25% | -33.92% | -25.33% |
Current DrawdownCurrent decline from peak | -29.55% | -1.58% | -27.97% |
Average DrawdownAverage peak-to-trough decline | -39.79% | -10.70% | -29.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 2.14% | +4.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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