iShares MSCI Turkey ETF Price & Performance (TUR)

The iShares MSCI Turkey ETF (TUR) has dropped to $31.55, reflecting heightened volatility after the recent arrest of Istanbul's mayor and renewed pressure on the lira. The ETF is down over 11% year-to-date, with investors wary as Turkey navigates political and economic uncertainty.123

While India's equity market stands out with notable gains in April, Turkey's TUR ETF has sunk nearly 12% over the same period. This divergence highlights shifting investor sentiment, with capital flowing to markets showing resilience and stability amid global uncertainty.45

The iShares MSCI Turkey ETF remains heavily concentrated in financials and industrials, with top holdings including BIM Birlesik Magazalar and Turkish Airlines. While some analysts see value potential, ongoing macro risks and liquidity concerns keep many investors cautious about exposure to Turkish equities.26