EWM vs TUR

EWMBiShares MSCI Malaysia ETF

TURCiShares MSCI Turkey ETF

In short

EWM Malaysia in one ticker, running since 1996. EWM tracks the MSCI Malaysia index, a cap-weighted slice of Kuala Lumpur's largest listed companies, and charges less than the typical single-country emerging markets fund.

TUR One ticker, one country: about 70 Turkish companies, no regional padding. Running since 2008 at 0.59%, the same fee as the typical single-country emerging market fund.

Stated mandate

EWM The fund seeks to track an index composed of Malaysian equities.

TUR The fund seeks to track an index of Turkish equities, providing targeted single-country exposure to companies in Turkey.

Why people hold it

• EWM Listed in 1996, which puts it among the oldest ETFs still trading. Nearly three decades of doing one job: hold Malaysian equities, track the index.ishares.com
• 0.50% a year, under the median for its single-country emerging markets peer group and below iShares siblings EPOL and EZA at 0.59%.
• Sits in the upper tier of the single-country emerging markets funds we grade, helped by a low fee and a milder volatility profile than much of that group.
• No guesswork about the mandate: BlackRock builds it as a way to express a single-country view on Malaysian companies, and the index name is right on the tin.ishares.com

• TUR A clean Turkey pure play. Roughly 70 Turkish companies, so the position isn't diluted by neighbors the way a broad emerging markets fund would dilute it.
• 0.59% expense ratio lands right at the median for single-country emerging market ETFs. Concentrated exposure without a concentration surcharge.
• Live since 2008 on iShares plumbing, tracking the MSCI Turkey IMI 25/50 Index, whose capping rules keep any one company from dominating the basket.

Worth knowing

• EWM Market-cap weighting in a modest-sized market means a short list of Kuala Lumpur heavyweights drives most of the fund's day-to-day move.stockanalysis.com
• One country, one currency. The holdings trade in ringgit and the fund is unhedged, so currency moves against the dollar land in your return alongside the stocks.ishares.com
• Volume is moderate rather than deep, and payouts arrive once or twice a year instead of quarterly. Limit orders are the friendlier way in and out.

• TUR Single country, single currency. Lira moves feed straight into the dollar value here, on top of whatever the underlying stocks do.
• A smaller fund that trades moderately rather than heavily, so spreads can widen. Limit orders are the norm in this corner of the market.
• Cash comes back once or twice a year, not on a monthly or quarterly drip.

Full EWM profile⁠

Full TUR profile⁠