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TUR vs. IGSG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TUR vs. IGSG.L

Last updated Jun 16, 2026

TUR (iShares MSCI Turkey ETF) and IGSG.L (iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)) are both exchange-traded funds - TUR is a Emerging Markets Equities fund tracking the MSCI Turkey Investable Market Index, while IGSG.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, TUR returned 3.30%/yr vs 12.57%/yr for IGSG.L. At a 0.32 correlation, their price movements are largely independent. TUR charges 0.59%/yr vs 0.60%/yr for IGSG.L.

Performance

TUR vs. IGSG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Turkey ETF (TUR) and iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc) (IGSG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, TUR achieves a 18.11% return, which is significantly higher than IGSG.L's 8.20% return. Over the past 10 years, TUR has underperformed IGSG.L with an annualized return of 3.30%, while IGSG.L has yielded a comparatively higher 12.57% annualized return.

TUR

1D
3.02%
1M
-1.49%
YTD
18.11%
6M
16.38%
1Y
35.62%
3Y*
13.48%
5Y*
15.50%
10Y*
3.30%

IGSG.L

1D
1.22%
1M
3.26%
YTD
8.20%
6M
9.43%
1Y
21.77%
3Y*
16.43%
5Y*
10.50%
10Y*
12.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TUR vs. IGSG.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TUR
iShares MSCI Turkey ETF		18.11%-1.54%12.91%-8.83%105.75%-27.41%-1.19%14.49%-41.46%37.58%
IGSG.L
iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)		8.20%22.83%10.86%25.76%-17.18%21.88%13.08%26.59%-8.93%22.47%

Correlation

The correlation between TUR and IGSG.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.24

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

0.23

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

0.25

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

0.26

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2011

0.32

TUR vs. IGSG.L - Sectors Allocation Comparison

Sectors
TUR
IGSG.L

Industrials

29.9%
12.7%

Financial Services

17.1%
19.0%

Consumer Defensive

13.3%
1.8%

Basic Materials

11.9%
5.3%

Energy

6.2%
3.6%

Consumer Cyclical

6.0%
3.4%

Real Estate

5.5%
2.0%

Utilities

4.0%
3.0%

Communication Services

3.2%
3.4%

Healthcare

2.3%
8.8%

Technology

0.8%
37.2%

Industrials

TUR
29.9%
IGSG.L
12.7%

Financial Services

TUR
17.1%
IGSG.L
19.0%

Consumer Defensive

TUR
13.3%
IGSG.L
1.8%

Basic Materials

TUR
11.9%
IGSG.L
5.3%

Energy

TUR
6.2%
IGSG.L
3.6%

Consumer Cyclical

TUR
6.0%
IGSG.L
3.4%

Real Estate

TUR
5.5%
IGSG.L
2.0%

Utilities

TUR
4.0%
IGSG.L
3.0%

Communication Services

TUR
3.2%
IGSG.L
3.4%

Healthcare

TUR
2.3%
IGSG.L
8.8%

Technology

TUR
0.8%
IGSG.L
37.2%

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 ETF

iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)

Often compared with TUR:
TUR vs. VOOTUR vs. HEDJTUR vs. EPOLTUR vs. AMRTUR vs. SPYTUR vs. VGKTUR vs. SFM
Often compared with IGSG.L:
IGSG.L vs. CIND.LIGSG.L vs. VYMIGSG.L vs. VUSA.LIGSG.L vs. XDEQ.LIGSG.L vs. ^GSPCIGSG.L vs. SSAC.LIGSG.L vs. MWOZ.L

Return for Risk

TUR vs. IGSG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TUR
TUR Risk / Return Rank: 4545
Overall Rank
TUR Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
TUR Sortino Ratio Rank: 4444
Sortino Ratio Rank
TUR Omega Ratio Rank: 4646
Omega Ratio Rank
TUR Calmar Ratio Rank: 4949
Calmar Ratio Rank
TUR Martin Ratio Rank: 4343
Martin Ratio Rank
IGSG.L
IGSG.L Risk / Return Rank: 6666
Overall Rank
IGSG.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IGSG.L Sortino Ratio Rank: 6868
Sortino Ratio Rank
IGSG.L Omega Ratio Rank: 7070
Omega Ratio Rank
IGSG.L Calmar Ratio Rank: 5959
Calmar Ratio Rank
IGSG.L Martin Ratio Rank: 6363
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.

TUR vs. IGSG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Turkey ETF (TUR) and iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc) (IGSG.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.

TURIGSG.LDifference
Sharpe ratioReturn per unit of total volatility
1.41
1.76

-0.35

Sortino ratioReturn per unit of downside risk
2.04
2.52

-0.48

Omega ratioGain probability vs. loss probability

1.27

1.31

-0.04

Calmar ratioReturn relative to maximum drawdown

2.23

2.21

+0.02

Martin ratioReturn relative to average drawdown

6.33

8.57

-2.24

TUR vs. IGSG.L - Sharpe Ratio Comparison

The current TUR Sharpe Ratio is 1.41, which is comparable to the IGSG.L Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of TUR and IGSG.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

TUR vs. IGSG.L - Drawdown Comparison

The maximum TUR drawdown since its inception was -72.34%, which is greater than IGSG.L's maximum drawdown of -52.00%. Use the drawdown chart below to compare losses from any high point for TUR and IGSG.L.

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Drawdown Indicators

TURIGSG.LDifference

Max Drawdown

Largest peak-to-trough decline

-72.34%

-52.00%

-20.34%

Max Drawdown (1Y)

Largest decline over 1 year

-16.07%

-9.81%

-6.26%

Max Drawdown (3Y)

Largest decline over 3 years

-31.63%

-19.19%

-12.44%

Max Drawdown (5Y)

Largest decline over 5 years

-31.63%

-27.91%

-3.72%

Max Drawdown (10Y)

Largest decline over 10 years

-59.25%

-32.80%

-26.45%

Current Drawdown

Current decline from peak

-25.67%

-1.06%

-24.61%

Average Drawdown

Average peak-to-trough decline

-39.87%

-16.33%

-23.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.64%

2.52%

+3.12%

Volatility

TUR vs. IGSG.L - Volatility Comparison

iShares MSCI Turkey ETF (TUR) has a higher volatility of 14.44% compared to iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc) (IGSG.L) at 3.62%. This indicates that TUR's price experiences larger fluctuations and is considered to be riskier than IGSG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TURIGSG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.44%

3.62%

+10.82%

Volatility (6M)

Calculated over the trailing 6-month period

20.28%

10.00%

+10.28%

Volatility (1Y)

Calculated over the trailing 1-year period

25.43%

12.33%

+13.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.16%

20.51%

+13.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.41%

18.44%

+15.97%

TUR vs. IGSG.L - Expense Ratio Comparison

TUR has a 0.59% expense ratio, which is lower than IGSG.L's 0.60% expense ratio.

Dividends

TUR vs. IGSG.L - Dividend Comparison

TUR's dividend yield for the trailing twelve months is around 3.25%, while IGSG.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IGSG.L
iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TUR
iShares MSCI Turkey ETF		3.25%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

TUR and IGSG.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, TUR is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

TUR is cheaper with a 0.59% expense ratio, compared with 0.60% for IGSG.L.

TUR is categorized as Emerging Markets Equities, while IGSG.L is Global Equities. TUR tracks MSCI Turkey Investable Market Index, while IGSG.L tracks MSCI ACWI NR USD. Their fees differ too: 0.59% for TUR and 0.60% for IGSG.L.

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