iShares MSCI Turkey ETF (TUR)
| Assets | $192.61M |
| Expense Ratio | 0.59% |
| PE Ratio | 4.79 |
| Shares Out | 5.55M |
| Dividend (ttm) | $0.64 |
| Dividend Yield | 1.90% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Ratio | 9.12% |
| 1-Year Return | -12.55% |
| Volume | 142,759 |
| Open | 33.88 |
| Previous Close | 34.78 |
| Day's Range | 33.50 - 33.96 |
| 52-Week Low | 32.43 |
| 52-Week High | 44.41 |
| Beta | 0.61 |
| Holdings | 91 |
| Inception Date | Mar 26, 2008 |
About TUR
Fund Home PageThe iShares MSCI Turkey ETF (TUR) is an exchange-traded fund that is based on the MSCI Turkey IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of Turkish stocks. TUR was launched on Mar 26, 2008 and is issued by BlackRock.
Top 10 Holdings
50.60% of assets| Name | Symbol | Weight |
|---|---|---|
| BIM BIRLESIK MAGAZALAR A | BIMAS.E.IS | 8.76% |
| AKBANK A | AKBNK.E.IS | 7.34% |
| TURKCELL ILETISIM HIZMETLERI A | TCELL.E.IS | 4.82% |
| TURK HAVA YOLLARI AO A | THYAO.E.IS | 4.75% |
| TURKIYE IS BANKASI C | ISCTR.E.IS | 4.64% |
| ASELSAN ELEKTRONIK SANAYI VE TICAR | ASELS.E.IS | 4.62% |
| TURKIYE PETROL RAFINERILERI A | TUPRS.E.IS | 4.42% |
| KOC HOLDING A | KCHOL.E.IS | 4.09% |
| HACI OMER SABANCI HOLDING A | SAHOL.E.IS | 3.71% |
| YAPI VE KREDI BANKASI A | YKBNK.E.IS | 3.43% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.14603 | Dec 20, 2024 |
| Jun 11, 2024 | $0.4946 | Jun 17, 2024 |
| Dec 20, 2023 | $0.35297 | Dec 27, 2023 |
| Jun 7, 2023 | $1.07772 | Jun 13, 2023 |
| Dec 13, 2022 | $0.17641 | Dec 19, 2022 |
| Jun 9, 2022 | $0.55227 | Jun 15, 2022 |
News
TUR: Not Easy To Take A Definitive Stance
Since December 2023, the iShares MSCI Turkey ETF has experienced a volatile journey while eventually underperforming global markets. Looking ahead, we feel quite ambiguous about TUR's prospects as the...
Turkey Strong-Armed Inflation. Stocks Feel the Pain.
Rates need to fall more before Turkish savers shift to stocks again, and 47% annual inflation doesn't exactly signal a stable economy yet.
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage poin...
Turkey's Isbank CEO sees challenges ahead, November rate cut
Turkish banks will pay the price throughout next year as challenges linger from the country's economic turnaround, the chief executive of lender Isbank said in an interview, adding he expects the cent...
TUR: Turkish Equities Offer Potential High Returns, But Risks Are Still Too High
iShares MSCI Turkey ETF invests in Turkish equities with a high expense ratio of 0.59%. Despite the high expense ratio, the fund remains popular for those speculating on Turkish stocks, with $223 mill...
iShares Turkey ETF (TUR) is thriving as lira (TRY) plunges
Turkish stocks are beating Wall Street in 2024 even as the lira sits at a record low. The iShares MSCI Turkey ETF (TUR) has jumped by almost 30% this year while the S&P 500 and Nasdaq 100 indices have...
TUR: Turkish Equities Offer Value Through The Volatility
TUR has continued its outperformance into 2024. Fundamentally, there's been plenty of support for this rally. And with valuations still undemanding, there might be more to come.
TUR On A Tear Despite Suffocating Inflation
TUR, which tracks the MSCI Turkey IMI 25/50 Index, has performed well in 2024 despite a challenging macro backdrop. Turkey's inflation is climbing, while the value of the Lira vs USD continues to drop...
These Are Your Top-Performing ETFs In Early 2024
ETFs in the technology sector, particularly semiconductor stocks, have performed well in early 2024.
Why Turkey Could Be the Turnaround Emerging Market
The central bank projects the high inflation can be lowered to single digits by 2026.
TUR ETF: The Temptation Is There, But Best To Stay On The Sidelines
The iShares MSCI Turkey ETF has underperformed global markets and emerging market peers, making it a potential mean-reversion trade. TUR's valuations are cheap, with a low P/E ratio compared to other ...
Turkey stocks slump after Erdogan comments on Hamas and jitters over interest rates
Turkish stocks slumped on Wednesday, with the speed of the declines resulting in two trading halts, as investors worried about the country's relationship with Israel and the upcoming interest rate dec...
TUR: An Overlooked Opportunity
iShares MSCI Turkey ETF has performed well since July, making it an interesting satellite equity play. TUR provides targeted access to Turkish stocks and is ideal for investors looking for exposure to...
Turkey's Annual Inflation Continued To Rise In September
Annual inflation recorded another strong increase in September due to a broad-based deterioration in price dynamics while the rise in energy prices and continuing pressure in services is attracting at...
TUR: Deck Cleared, Turkish Equities Headed Higher Post-Election
Now that the election is done and dusted, President Erdogan has hit the economic reset button. Having signaled a rate hike path and outlined measures to balance the country's twin deficits, the Turkis...
TUR: Here's What To Expect From Turkey's 2023 Elections
Unorthodox monetary policies led to an unsustainable currency equilibrium in favor of the Lira and created a de facto dual exchange rate. Elections will likely be the end of the enforced currency rate...
Incoming Turkish Stock Market Crash Likely
Inflation has been high in Turkey, yet rates continue to get cut. The upcoming election will be a catalyst for change in monetary policy.
Monitoring Turkey: Focus On Elections
While the February indicators show earthquake-related weakness in economic activity, recent data releases signal a rapid recovery. The drop in annual inflation continued in April, as widely expected, ...
Top 4 Best and Worst Performing ETFs of 2022
An Exchange Traded Fund (ETF) is a basket of stocks that usually tracks a specific index, industry or theme. ETFs can act as a great way to ensure diversification, without needing to buy and sell indi...
Turkey's May Elections To Have A Major Impact On Its Debt Market
On May 14, Turkish voters will go to the polls to elect both president and parliament to new 5-year terms, with current President Recep Tayyip Erdogan, opposition leader Kemal Kılıçdaroğlu and Muharra...
TUR: Assessing The Post-Earthquake Outlook
The iShares MSCI Turkey ETF has outperformed the rest of the emerging market universe over the last year. While the earthquakes this year will weigh on growth, the diversified nature of the portfolio ...
TUR: Flying High With Relative Strength And A Low Valuation
In a sea of red across the global equity markets in the last year, Turkey stocks have shined. I see more upside ahead given the country ETF's low valuation, favorable seasonal trends, and bullish char...
Istanbul stock market shuts to prevent selloff after earthquake
Move follows panic by foreign investors alarmed at death toll and $1bn worth of damage to buildings
Earthquake-hit Turkey's stock exchange halts trading as a deepening selloff knocks $35 billion off its key index
Media reports said the halt came after Turkish stocks on the Istanbul exchange have plummeted 16% in the wake of two devastating earthquakes.
Turkey ETF slides after country rocked by massive earthquake
A massive earthquake struck Turkey and Syria on Monday, causing the Turkish stock market and an ETF benchmark that includes some of the country's major equities to decline.