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ECON vs. TUR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ECON vs. TUR

Last updated Aug 2, 2026
Documentation

ECON (Columbia Emerging Markets Consumer ETF) and TUR (iShares MSCI Turkey ETF) are both Emerging Markets Equities funds - ECON tracks the Dow Jones Emerging Markets Consumer Titans Index while TUR tracks the MSCI Turkey Investable Market Index. Both are passively managed. Over the past 10 years, ECON returned 4.44%/yr vs 2.90%/yr for TUR. Their 0.47 correlation means their historical movements had little consistent relationship. ECON charges 0.49%/yr vs 0.59%/yr for TUR.

Performance

ECON vs. TUR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Emerging Markets Consumer ETF (ECON) and iShares MSCI Turkey ETF (TUR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ECON achieves a 22.39% return, which is significantly higher than TUR's 11.93% return. Over the past 10 years, ECON has outperformed TUR with an annualized return of 4.44%, while TUR has yielded a comparatively lower 2.90% annualized return.

ECON

1D
0.79%
1M
-3.33%
6M
12.59%
YTD
22.39%
1Y
41.96%
3Y*
17.39%
5Y*
7.12%
10Y*
4.44%
ALL TIME*
4.32%

TUR

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

ECON

Columbia Emerging Markets Consumer ETF
$293.78K$337.49K$633.44K

TUR

iShares MSCI Turkey ETF
$3.86M$3.70M$9.25M

ECON vs. TUR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ECON
Columbia Emerging Markets Consumer ETF		22.39%34.15%0.22%7.51%-16.00%-14.11%20.83%17.22%-26.87%27.46%
TUR
iShares MSCI Turkey ETF		11.93%-1.54%12.91%-8.83%105.75%-27.41%-1.19%14.49%-41.46%37.58%

Correlation

The correlation between ECON and TUR is 0.38, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.38

Correlation (3Y)
Balances recent behavior with more history.

0.27

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.26

Correlation (10Y)
Provides a long-term view across more market conditions.

0.35

Correlation (All Time)
Calculated using the full available price history since Sep 14, 2010

0.47

The correlation between ECON and TUR shifts across timeframes, from 0.26 (5 years) to 0.47 (all time), reflecting how their relationship changes across market environments.

ECON vs. TUR - Sectors Allocation Comparison

Sectors
ECON
TUR

Technology

43.6%
1.5%

Financial Services

21.9%
14.7%

Industrials

6.4%
24.2%

Consumer Cyclical

5.9%
4.0%

Communication Services

5.3%
3.1%

Basic Materials

5.0%
12.0%

Energy

3.2%
7.4%

Healthcare

3.0%
2.2%

Consumer Defensive

2.9%
13.0%

Utilities

1.9%
1.9%

Real Estate

1.0%
1.1%

Technology

ECON
43.6%
TUR
1.5%

Financial Services

ECON
21.9%
TUR
14.7%

Industrials

ECON
6.4%
TUR
24.2%

Consumer Cyclical

ECON
5.9%
TUR
4.0%

Communication Services

ECON
5.3%
TUR
3.1%

Basic Materials

ECON
5.0%
TUR
12.0%

Energy

ECON
3.2%
TUR
7.4%

Healthcare

ECON
3.0%
TUR
2.2%

Consumer Defensive

ECON
2.9%
TUR
13.0%

Utilities

ECON
1.9%
TUR
1.9%

Real Estate

ECON
1.0%
TUR
1.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Columbia Emerging Markets Consumer ETF

iShares MSCI Turkey ETF

Often compared with ECON:
ECON vs. FLCHECON vs. SPYECON vs. VWOECON vs. REVSECON vs. ESGNECON vs. MFEMECON vs. IDMO
Often compared with TUR:
TUR vs. VOOTUR vs. HEDJTUR vs. AMRTUR vs. EPOLTUR vs. SPYTUR vs. SFMTUR vs. VGK

Return for Risk

ECON vs. TUR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
ECON
ECON Risk / Return Rank: 7070
Overall Rank
ECON Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
ECON Sortino Ratio Rank: 6666
Sortino Ratio Rank
ECON Omega Ratio Rank: 7272
Omega Ratio Rank
ECON Calmar Ratio Rank: 7373
Calmar Ratio Rank
ECON Martin Ratio Rank: 6767
Martin Ratio Rank
TUR
TUR Risk / Return Rank: 2727
Overall Rank
TUR Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
TUR Sortino Ratio Rank: 2727
Sortino Ratio Rank
TUR Omega Ratio Rank: 2828
Omega Ratio Rank
TUR Calmar Ratio Rank: 2828
Calmar Ratio Rank
TUR Martin Ratio Rank: 2828
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ECON vs. TUR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and iShares MSCI Turkey ETF (TUR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

ECONTURDifference
Sharpe ratioReturn per unit of total volatility
1.61
0.61

+0.99

Sortino ratioReturn per unit of downside risk
2.19
1.02

+1.17

Omega ratioGain probability vs. loss probability

1.30

1.13

+0.17

Calmar ratioReturn relative to maximum drawdown

2.55

0.94

+1.61

Martin ratioReturn relative to average drawdown

8.12

2.29

+5.83

ECON vs. TUR - Sharpe Ratio Comparison

The current ECON Sharpe Ratio is 1.61, which is higher than the TUR Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of ECON and TUR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ECON vs. TUR - Drawdown Comparison

The maximum ECON drawdown since its inception was -45.37%, smaller than the maximum TUR drawdown of -72.34%. Use the drawdown chart below to compare losses from any high point for ECON and TUR.

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Drawdown Indicators

ECONTURDifference

Max Drawdown

Largest peak-to-trough decline

-45.37%

-72.34%

+26.97%

Max Drawdown (1Y)

Largest decline over 1 year

-16.13%

-16.07%

-0.06%

Max Drawdown (3Y)

Largest decline over 3 years

-16.37%

-31.63%

+15.26%

Max Drawdown (5Y)

Largest decline over 5 years

-33.93%

-31.63%

-2.30%

Max Drawdown (10Y)

Largest decline over 10 years

-45.37%

-59.25%

+13.88%

Current Drawdown

Current decline from peak

-11.91%

-29.55%

+17.64%

Average Drawdown

Average peak-to-trough decline

-16.55%

-39.79%

+23.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.04%

6.56%

-1.52%

Volatility

ECON vs. TUR - Volatility Comparison

Columbia Emerging Markets Consumer ETF (ECON) has a higher volatility of 10.05% compared to iShares MSCI Turkey ETF (TUR) at 4.72%. This indicates that ECON's price experiences larger fluctuations and is considered to be riskier than TUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ECONTURDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.05%

4.72%

+5.33%

Volatility (6M)

Calculated over the trailing 6-month period

23.43%

20.10%

+3.33%

Volatility (1Y)

Calculated over the trailing 1-year period

25.54%

24.54%

+1.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.16%

34.14%

-12.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.33%

34.10%

-12.77%

ECON vs. TUR - Expense Ratio Comparison

ECON has a 0.49% expense ratio, which is lower than TUR's 0.59% expense ratio.

Dividends

ECON vs. TUR - Dividend Comparison

ECON's dividend yield for the trailing twelve months is around 1.45%, less than TUR's 2.20% yield.

PositionTTM20252024202320222021202020192018201720162015
ECON
Columbia Emerging Markets Consumer ETF		1.45%1.77%0.76%1.57%2.06%1.08%0.63%1.68%0.98%0.35%0.74%1.10%
TUR
iShares MSCI Turkey ETF		2.20%2.40%1.79%4.43%1.97%4.22%0.87%3.29%4.05%2.64%2.89%3.04%

Frequently Asked Questions

ECON and TUR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ECON has higher volatility (10.05%) compared to TUR (4.72%). In terms of maximum drawdown, ECON dropped -45.37% vs TUR's -72.34%.

On 10-year performance, ECON leads with 4.44% vs 2.90% for TUR. On fees, ECON is cheaper at 0.49% per year. On volatility, TUR has been the lower-risk option at 4.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ECON has performed better with a 4.44% return vs 2.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ECON is cheaper with a 0.49% expense ratio, compared with 0.59% for TUR.

TUR has the higher dividend yield at 2.20%, compared with 1.45% for ECON.

ECON tracks Dow Jones Emerging Markets Consumer Titans Index, while TUR tracks MSCI Turkey Investable Market Index. They also come from different issuers: Ameriprise Financial and iShares. Their fees differ too: 0.49% for ECON and 0.59% for TUR.

ECON currently has the higher Sharpe Ratio (1.61 vs 0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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