Summary
Yuanta/P-shares Taiwan Top 50 ETF is an ETF - a fund traded on an exchange like a stock - run by Yuanta. Positions inside: 52. The ten largest make up 78% of the fund.
- Yearly costs
- 0.07%
- Fund size
- $2.44T
- Positions
- 52
- Dividends
- Reinvested
- Running since
- 2003
What speaks for it
- Costs of 0.07% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last ten years: 19%.
- It has been running since 2003.
What to watch
- The ten largest positions make up 78% of the fund, so its result rests on a few names.
- 89% of the fund is in one sector (Technology).
- 100% of the fund is in one country (Taiwan).
- In the last five years its price once dropped by 36% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -4.9%
- 3 months
- +5.1%
- This year
- +63%
- 1 year
- +71%
- 3 years
- +245%
- 5 years
- +213%
- 10 years
- +488%
- Avg. market cap
- $1.13T
- P/E
- 25.5x
- Forward P/E
- 21.0x
- P/S
- 4.0x
- P/B
- 6.1x
- P/FCF
- 33.6x
- EV/EBITDA
- 17.5x
- Dividend yield
- 1.00%
- ROIC
- 23.7%
- ROE
- 34.1%
- Gross margin
- 52.6%
- Operating margin
- 41.9%
- Net margin
- 37.5%
- Payout ratio
- 25.4%
- Net debt/EBITDA
- -0.5x
- Beta
- 1.09
Weighted average of the 50 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 57%
- 2 24MediaTek Inc. 2454.TW 6.0%
- 3 23Delta Electronics, Inc. 2308.TW 3.0%
- 4 23Hon Hai Precision Industry Co., Ltd. 2317.TW 2.9%
- 5 37ASE Technology Holding Co., Ltd. 3711.TW 2.1%
- 6 23United Microelectronics Corporation 2303.TW 1.5%
- 7 13Nan Ya Plastics Corporation 1303.TW 1.5%
- 8 23Elite Material Co., Ltd. 2383.TW 1.4%
- 9 30Unimicron Technology Corp. 3037.TW 1.4%
- 10 28Fubon Financial Holding Co., Ltd. 2881.TW 1.3%
Positions in the fund: 52. The ten largest make up 78% of it.
Composition as of Oct 16, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 89%
- Financials 7.6%
- Basic materials 0.8%
- Communication services 0.7%
- Consumer cyclical 0.6%
- Other 1.0%
By country
- Taiwan 100%
- Other countries 0.3%
By company size
- Mega cap 63%
- Large cap 37%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (89%). Largest country: Taiwan (100%). Largest size group: Mega cap (63%).
What does it cost me?
Cheap- A year from $10,000
- $7.00
- Over 20 years
- $352
From every $10,000 invested the fund takes $7.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $352.
How has it done?
Growing over the long run- A year on average, 10 years
- +19%
- Deepest drop
- -36%
- Yearly volatility
- 31%
Average yearly growth over the last ten years: 19%. Deepest drop in these years: 36% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
- Traded a day
- $12.5B
- Shares a day
- 117M
On an average day about $12.5B of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.5
- Average Bulios Score
- 77 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 1.7%
- Overvalued 88%
On average the companies inside trade for 25.5 times their yearly profit. By Fair Price, 88% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IQ IQQT.DE iShares MSCI Taiwan UCITS ETF | Ireland | 0.74% | $1.31B | +68% | Pays out | 74% |
IT ITWN.MI iShares MSCI Taiwan UCITS ETF | Ireland | 0.74% | $2.14B | +69% | Pays out | 74% |
IT ITWAXN.MX iShares Public Limited Company - iShares MSCI Taiwan UCITS ETF | Ireland | 0.74% | $1.42B | +78% | Reinvests | 74% |
90 9074.HK iShares Core MSCI Taiwan ETF | Hong Kong SAR China | 0.30% | $74.1M | +60% | Reinvests | 73% |
DB DBX5.DE Xtrackers MSCI Taiwan UCITS ETF 1C | Luxembourg | 0.65% | $290.7M | +70% | Reinvests | 73% |
FL FLXT.MI Franklin FTSE Taiwan UCITS ETF | Ireland | 0.19% | $229.3M | +72% | Reinvests | 73% |