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ITKY.L vs. IDTW.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITKY.L vs. IDTW.L

Last updated Jul 22, 2026
Documentation

ITKY.L (iShares MSCI Turkey UCITS ETF USD (Dist)) and IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) are both exchange-traded funds - ITKY.L is a Emerging Markets Equities fund tracking the MSCI Turkey - Net Returns, while IDTW.L is a Technology Equities fund tracking the MSCI Taiwan 20/35 Index (Net) (USD). Both are passively managed. Over the past 10 years, ITKY.L returned 2.11%/yr vs 20.21%/yr for IDTW.L. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.74% expense ratio.

Performance

ITKY.L vs. IDTW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Turkey UCITS ETF USD (Dist) (ITKY.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ITKY.L is traded in GBp, while IDTW.L is traded in USD. To make them comparable, the IDTW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, ITKY.L achieves a 18.64% return, which is significantly lower than IDTW.L's 60.04% return. Over the past 10 years, ITKY.L has underperformed IDTW.L with an annualized return of 2.11%, while IDTW.L has yielded a comparatively higher 20.21% annualized return.

ITKY.L

1D
-0.02%
1M
-5.58%
6M
1.93%
YTD
18.64%
1Y
18.55%
3Y*
10.97%
5Y*
16.98%
10Y*
2.11%
ALL TIME*
2.80%

IDTW.L

1D
4.94%
1M
-8.45%
6M
50.19%
YTD
60.04%
1Y
82.59%
3Y*
39.31%
5Y*
21.02%
10Y*
20.21%
ALL TIME*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITKY.L vs. IDTW.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ITKY.L
iShares MSCI Turkey UCITS ETF USD (Dist)		18.64%-10.34%19.76%-11.97%112.20%-27.00%-12.58%7.20%-38.24%24.95%
IDTW.L
iShares MSCI Taiwan UCITS ETF USD (Dist)		60.04%22.39%25.77%22.40%-21.17%29.73%30.40%29.33%-3.73%16.98%

Correlation

The correlation between ITKY.L and IDTW.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.19

Correlation (10Y)
Calculated over the trailing 10-year period

0.28

Correlation (All Time)
Calculated using the full available price history since Sep 4, 2007

0.33

The correlation between ITKY.L and IDTW.L shifts across timeframes, from 0.19 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

ITKY.L vs. IDTW.L - Sectors Allocation Comparison

Sectors
ITKY.L
IDTW.L

Industrials

33.3%
1.6%

Financial Services

26.0%
11.9%

Consumer Defensive

16.2%
0.7%

Energy

12.2%

-

Basic Materials

6.5%
2.3%

Communication Services

5.7%
1.3%

Consumer Cyclical

-

1.1%

Healthcare

-

0.7%

Real Estate

-

-

Technology

-

80.4%

Utilities

-

-

Industrials

ITKY.L
33.3%
IDTW.L
1.6%

Financial Services

ITKY.L
26.0%
IDTW.L
11.9%

Consumer Defensive

ITKY.L
16.2%
IDTW.L
0.7%

Energy

ITKY.L
12.2%
IDTW.L

-

Basic Materials

ITKY.L
6.5%
IDTW.L
2.3%

Communication Services

ITKY.L
5.7%
IDTW.L
1.3%

Consumer Cyclical

ITKY.L

-

IDTW.L
1.1%

Healthcare

ITKY.L

-

IDTW.L
0.7%

Real Estate

ITKY.L

-

IDTW.L

-

Technology

ITKY.L

-

IDTW.L
80.4%

Utilities

ITKY.L

-

IDTW.L

-

Compare stocks, funds, or ETFs

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

iShares MSCI Turkey UCITS ETF USD (Dist)

iShares MSCI Taiwan UCITS ETF USD (Dist)

Often compared with ITKY.L:
ITKY.L vs. IUIT.LITKY.L vs. E127.LITKY.L vs. FLES.LITKY.L vs. ISAC.LITKY.L vs. EIMI.LITKY.L vs. IWDA.LITKY.L vs. KSTR.L
Often compared with IDTW.L:
IDTW.L vs. HTWD.LIDTW.L vs. FOGB.LIDTW.L vs. EMSD.LIDTW.L vs. USPY.LIDTW.L vs. DGSD.LIDTW.L vs. MKUW.LIDTW.L vs. KROP.L

Return for Risk

ITKY.L vs. IDTW.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITKY.L
ITKY.L Risk / Return Rank: 2929
Overall Rank
ITKY.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
ITKY.L Sortino Ratio Rank: 2727
Sortino Ratio Rank
ITKY.L Omega Ratio Rank: 2727
Omega Ratio Rank
ITKY.L Calmar Ratio Rank: 3434
Calmar Ratio Rank
ITKY.L Martin Ratio Rank: 3030
Martin Ratio Rank
IDTW.L
IDTW.L Risk / Return Rank: 9393
Overall Rank
IDTW.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
IDTW.L Sortino Ratio Rank: 9191
Sortino Ratio Rank
IDTW.L Omega Ratio Rank: 9191
Omega Ratio Rank
IDTW.L Calmar Ratio Rank: 9595
Calmar Ratio Rank
IDTW.L Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITKY.L vs. IDTW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Turkey UCITS ETF USD (Dist) (ITKY.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L). 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.

ITKY.LIDTW.LDifference
Sharpe ratioReturn per unit of total volatility
0.69
3.00

-2.31

Sortino ratioReturn per unit of downside risk
1.13
3.62

-2.48

Omega ratioGain probability vs. loss probability

1.14

1.49

-0.35

Calmar ratioReturn relative to maximum drawdown

1.30

5.22

-3.92

Martin ratioReturn relative to average drawdown

3.05

18.72

-15.67

ITKY.L vs. IDTW.L - Sharpe Ratio Comparison

The current ITKY.L Sharpe Ratio is 0.69, which is lower than the IDTW.L Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of ITKY.L and IDTW.L, 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

ITKY.L vs. IDTW.L - Drawdown Comparison

The maximum ITKY.L drawdown since its inception was -75.60%, which is greater than IDTW.L's maximum drawdown of -47.00%. Use the drawdown chart below to compare losses from any high point for ITKY.L and IDTW.L.

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Drawdown Indicators

ITKY.LIDTW.LDifference

Max Drawdown

Largest peak-to-trough decline

-75.60%

-47.00%

-28.60%

Max Drawdown (1Y)

Largest decline over 1 year

-14.15%

-15.73%

+1.58%

Max Drawdown (3Y)

Largest decline over 3 years

-36.43%

-29.91%

-6.52%

Max Drawdown (5Y)

Largest decline over 5 years

-36.43%

-30.18%

-6.25%

Max Drawdown (10Y)

Largest decline over 10 years

-68.75%

-30.18%

-38.57%

Current Drawdown

Current decline from peak

-30.57%

-11.26%

-19.31%

Average Drawdown

Average peak-to-trough decline

-41.37%

-9.11%

-32.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.06%

4.40%

+1.66%

Volatility

ITKY.L vs. IDTW.L - Volatility Comparison

The current volatility for iShares MSCI Turkey UCITS ETF USD (Dist) (ITKY.L) is 6.38%, while iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a volatility of 12.18%. This indicates that ITKY.L experiences smaller price fluctuations and is considered to be less risky than IDTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ITKY.LIDTW.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.38%

12.18%

-5.80%

Volatility (6M)

Calculated over the trailing 6-month period

21.16%

23.98%

-2.82%

Volatility (1Y)

Calculated over the trailing 1-year period

26.96%

27.40%

-0.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.79%

22.61%

+13.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.81%

21.85%

+12.96%

ITKY.L vs. IDTW.L - Expense Ratio Comparison

Both ITKY.L and IDTW.L have an expense ratio of 0.74%.

Dividends

ITKY.L vs. IDTW.L - Dividend Comparison

ITKY.L's dividend yield for the trailing twelve months is around 1.83%, more than IDTW.L's 0.95% yield.

PositionTTM20252024202320222021202020192018201720162015
IDTW.L
iShares MSCI Taiwan UCITS ETF USD (Dist)		0.95%1.51%1.43%2.09%3.39%1.35%1.73%2.15%2.78%2.70%3.10%3.33%
ITKY.L
iShares MSCI Turkey UCITS ETF USD (Dist)		1.83%1.78%2.44%3.21%1.94%3.67%0.64%2.52%4.59%1.97%1.83%2.49%

Frequently Asked Questions

ITKY.L and IDTW.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.74% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

ITKY.L and IDTW.L have the same expense ratio: 0.74% per year.

ITKY.L is categorized as Emerging Markets Equities, while IDTW.L is Technology Equities. ITKY.L tracks MSCI Turkey - Net Returns, while IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD).

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