iShares MSCI Turkey ETF (TUR) Performance
TUR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −9.7% since Dec 31, 2025
- 1 year
- −5.1% total return
- 5 years
- +11.1% a year
- 10 years
- +0.6% a year
- Since first price
- +0.1% a year since 2008
TUR trailing returns vs SPY, QQQ, AGG
| Period | TUR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −18.1% | −18.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −22.1% | −22.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −26.3% | −27.2% | +7.8% | +8.4% | −1.5% |
| YTD | −9.7% | −10.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.1% | −7.2% | +14.4% | +15.9% | −1.1% |
| 3 years | −6.9%−2.4%/yr | −12.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +69.3%+11.1%/yr | +47.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +6.5%+0.6%/yr | −19.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −3.9%−0.3%/yr | −34.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionMar 28, 2008 | +2.0%+0.1%/yr | −32.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TUR vs SPY
From Mar 28, 2008: TUR grew to $10,204, SPY to $80,935.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TUR returns by calendar year
8 of 17 full years positive. Best 2022 (+105.7%), worst 2018 (−41.5%). 2026 is year to date.
TUR annual returns table
| Year | TUR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −9.7% | −28.9% | +12.3% | +15.1% | −1.0% |
| 2025 | −1.5% | −22.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.9% | −26.0% | +24.9% | +25.6% | +1.3% |
| 2023 | −8.8% | −24.0% | +26.2% | +54.9% | +5.7% |
| 2022 | +105.7% | −22.6% | −18.2% | −32.6% | −13.0% |
| 2021 | −27.4% | −40.6% | +28.7% | +27.4% | −1.8% |
| 2020 | −1.2% | −39.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +14.5% | −30.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −41.5% | −57.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +37.6% | −21.3% | +21.7% | +32.7% | +3.6% |
| 2016 | −8.6% | −32.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −31.4% | −40.1% | +1.2% | +9.4% | +0.5% |
| 2014 | +15.8% | −20.8% | +13.5% | +19.2% | +6.0% |
| 2013 | −27.2% | −40.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +65.6% | −16.0% | +16.0% | +18.1% | +3.8% |
| 2011 | −36.6% | −42.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +25.6% | −19.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +103.1% | −34.3% | +26.4% | +54.7% | +3.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TUR largest drawdowns
Now 43.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 8, 2013 | −72.3% | Mar 20, 2020 | not yet | 6.9 years | 13.5 years so far |
| Aug 4, 2008 | −68.9% | Nov 20, 2008 | Jan 5, 2010 | 4 months | 1.4 years |
| Nov 4, 2010 | −48.3% | Dec 19, 2011 | May 6, 2013 | 1.1 years | 2.5 years |
| May 19, 2008 | −24.6% | Jul 2, 2008 | Jul 30, 2008 | 44 days | 2 months |
| Apr 14, 2010 | −18.5% | Jun 7, 2010 | Aug 2, 2010 | 54 days | 4 months |
| Jan 19, 2010 | −16.6% | Feb 25, 2010 | Apr 5, 2010 | 37 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TUR risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2008 |
|---|---|---|---|---|
| Annualized return | −2.2% | +12.7% | +1.6% | +0.8% |
| Volatility (annualized) | 26.0% | 31.4% | 33.2% | 34.1% |
| Sharpe ratio | -0.13 | 0.42 | 0.14 | 0.16 |
| Sortino ratio | -0.19 | 0.74 | 0.22 | 0.24 |
| Best month | +19.8% | +26.1% | +26.1% | +26.1% |
| Worst month | −16.2% | −16.2% | −28.4% | −35.6% |
| Best 12 months | +42.1% | +105.7% | +105.7% | +142.6% |
| Worst 12 months | −27.9% | −27.9% | −54.8% | −54.8% |
| Positive months | 44% | 50% | 51% | 50% |
| Beta vs S&P 500 | 0.57 | 0.30 | 0.59 | — |
| Correlation with S&P 500 | 0.27 | 0.15 | 0.27 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TUR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 212 | −54.8% | −0.5% | +142.6% | 50% |
| 3-year (a year) | 188 | −22.8% | −1.0% | +34.8% | 47% |
| 5-year (a year) | 164 | −14.7% | −3.0% | +19.9% | 41% |
| 10-year (a year) | 104 | −11.2% | −2.5% | +4.5% | 27% |
Every holding period starting at a month-end since 2008. Returns for 3 years and longer are annualized.
TUR performance overview
iShares MSCI Turkey ETF (TUR) returned −5.1% over the past year and +0.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2008 it has returned +0.1% a year, turning $10,000 into about $10,204. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −72.3%, from May 8, 2013 to Mar 20, 2020; the fund has not yet regained that high. TUR finished 8 of its 17 full calendar years with a gain; the best year was 2022 (+105.7%) and the worst 2018 (−41.5%). Volatility has been 34.1% a year.
Related: TUR chart, TUR holdings, TUR dividends. See the TUR overview for the latest quote and fund facts.
TUR performance FAQ
What is the TUR return over the past year?
TUR returned −5.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.2%.
What is the average annual return of TUR?
TUR has returned +11.1% a year over 5 years, +0.6% a year over 10 years, +0.1% a year since March 28, 2008 (total return, distributions reinvested).
How much would $10,000 invested in TUR be worth?
$10,000 invested in TUR at its first recorded close on March 28, 2008 would be worth about $10,204 on October 23, 2026 with distributions reinvested.
What was the worst year for TUR?
The worst calendar year was 2018, with a total return of −41.5%. The best was 2022 at +105.7%.
What is the biggest drawdown of TUR?
The largest peak-to-trough decline was −72.3% between May 8, 2013 and March 20, 2020. It has not yet recovered to that high; it is 43.1% below its peak.
How volatile is TUR?
Over the past 3 years TUR had an annualized volatility of 26.0% and a Sharpe ratio of -0.13 (excess return over 1–3 month T-bills per unit of risk).