UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
🇵🇰 Pakistan
Best Pakistan ETFs to Buy in 2026 — Complete PSX ETF Guide
Complete guide to all Exchange Traded Funds (ETFs) listed on the Pakistan Stock Exchange (PSX). Compare prices, returns, holdings, and find the best Pakistan ETFs for your portfolio.
All Pakistan Stock Exchange ETFs — Complete 2026 Guide
Pakistan's ETF market has grown significantly since the launch of the first two ETFs on PSX in March 2020. Today, there are 9 ETFs covering equity, Islamic/Shariah-compliant, sector-specific, smart-beta, and fixed-income categories. This comprehensive guide covers every ETF available on the Pakistan Stock Exchange.
Why Invest in Pakistan ETFs?
Pakistan ETFs offer several advantages over traditional mutual funds and direct stock picking:
Lower Costs: ETFs have lower expense ratios than actively managed mutual funds
Transparency: ETF holdings are disclosed daily, unlike mutual funds
Liquidity: Trade throughout the day like stocks with real-time pricing
Diversification: Instant exposure to a basket of stocks
Accessibility: Minimum 1 unit in odd-lot market
Types of Pakistan ETFs
Pakistan's ETF market includes several categories:
Broad Market ETFs: UBLPETF, NITGETF, NBPGETF — track major KSE-100 components
Shariah-Compliant ETFs: MZNPETF, MIIETF — for halal/Islamic investing
Sector ETFs: JSGBETF (Banking), ACIETF (Consumer)
Smart Beta ETFs: JSMFETF — momentum-based factor strategy
Debt ETFs: HBLTETF — Pakistan's only fixed-income ETF
How to Buy ETFs in Pakistan
To invest in Pakistan ETFs, you need a CDC (Central Depository Company) account and a brokerage account with a PSX-registered broker. ETFs can be purchased in lots of 500 units in the regular market or even 1 unit in the odd-lot market. The iNAV (indicative Net Asset Value) is updated every 15 seconds during trading hours.
🏆 Winner — #1 pick
NIT Pakistan Gateway ETF
Price
Rs29.56
YTD
+15.20%
Expense
1.25%
Yield
3.10%
NBP Pakistan Growth ETF
Price
Rs25.40
YTD
+14.80%
Expense
1.50%
Yield
2.80%
Meezan Pakistan ETF
Price
Rs18.81
YTD
+12.50%
Expense
1.50%
Yield
11.19%
JS Momentum Factor ETF
Price
Rs22.50
YTD
+16.00%
Expense
2.00%
Yield
1.80%
Alfalah Consumer Index ETF
Price
Rs18.07
YTD
+10.50%
Expense
2.00%
Yield
3.20%
JS Global Banking Sector ETF
Price
Rs44.96
YTD
+20.50%
Expense
2.50%
Yield
3.50%
Mahaana Islamic Index ETF
Price
Rs15.81
YTD
+11.00%
Expense
1.75%
Yield
5.50%
HBL Total Treasury ETF
Price
Rs11.25
YTD
+8.50%
Expense
0.75%
Yield
8.20%
Frequently asked questions
What are Pakistan ETFs?
Pakistan ETFs are exchange-traded funds listed on the Pakistan Stock Exchange (PSX) that allow investors to gain diversified exposure to equities, sectors, Shariah-compliant stocks, smart-beta strategies, and fixed-income instruments.
Why invest in Pakistan ETFs instead of mutual funds?
Pakistan ETFs offer lower costs, daily transparency, intraday liquidity, diversification, and easy accessibility compared to traditional mutual funds.
How many ETFs are currently listed on PSX?
As of 2026, there are 9 ETFs listed on the Pakistan Stock Exchange covering various categories including equity, Shariah-compliant, sector-specific, smart-beta, and fixed income.
What is the #1 ETF pick in Pakistan?
UBL Pakistan Enterprise ETF (UBLPETF) is the top pick, tracking the top 9 KSE-100 companies by free-float market capitalization, excluding Oil & Gas.
What is the yield and expense ratio of UBLPETF?
UBLPETF has a yield of 2.43% and an expense ratio of 1.5%.
Which ETFs are broad market ETFs in Pakistan?
Broad market ETFs include UBLPETF, NITGETF, and NBPGETF, which track major KSE-100 components.
Which ETFs are Shariah-compliant?
MZNPETF (Meezan Pakistan ETF) and MIIETF (Mahaana Islamic Index ETF) are Shariah-compliant ETFs for halal investing.
Which ETFs focus on sectors in Pakistan?
Sector ETFs include JSGBETF for banking and ACIETF for the consumer sector.
What is a smart-beta ETF in Pakistan?
JSMFETF is a smart-beta ETF that tracks stocks showing positive momentum based on recent returns and trading volume.
What is the only debt/fixed-income ETF in Pakistan?
HBLTETF (HBL Total Treasury ETF) is Pakistan's only fixed-income ETF, investing in government securities and T-Bills.
How can investors buy ETFs on PSX?
Investors need a CDC account and a brokerage account with a PSX-registered broker. ETFs can be purchased in lots of 500 units or as single units in the odd-lot market.
What is iNAV in the context of Pakistan ETFs?
iNAV, or indicative Net Asset Value, is updated every 15 seconds during trading hours and shows the real-time value of ETF holdings.
What is NITGETF?
NIT Pakistan Gateway ETF (NITGETF) tracks the top 50% of KSE-100 free-float market capitalization and was one of the first ETFs launched on PSX.
What is MZNPETF?
Meezan Pakistan ETF (MZNPETF) is a Shariah-compliant ETF that tracks the Meezan Pakistan Index for halal investing.
Which ETF focuses on momentum stocks?
JS Momentum Factor ETF (JSMFETF) invests in stocks with strong recent price and volume momentum.
Which ETF tracks Pakistan's consumer sector?
Alfalah Consumer Index ETF (ACIETF) tracks up to 20 consumer-focused stocks listed on PSX.
Which ETF tracks Pakistan's banking sector?
JS Global Banking Sector ETF (JSGBETF) provides concentrated exposure to top Pakistani banks.
What is MIIETF?
Mahaana Islamic Index ETF (MIIETF) is a Shariah-compliant ETF that invests in Shariah-screened equities for halal investing.
What is HBLTETF?
HBL Total Treasury ETF (HBLTETF) invests in government securities, T-Bills, and investment-grade bonds, offering a low-risk fixed-income option.
Why are Pakistan ETFs considered beneficial for diversification?
Pakistan ETFs provide exposure to multiple sectors, indices, and asset classes, reducing risk from individual stock volatility.
Which Pakistan ETF has the highest YTD return?
JS Global Banking Sector ETF (JSGBETF) has the highest YTD return at +20.50%.
What are the minimum investment requirements for Pakistan ETFs?
Investors can buy as little as 1 unit in the odd-lot market or 500 units in the regular market.