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KWT

GradeFChicago Board Options Exchange

iShares MSCI Kuwait ETF

Countries & Regions · IShares · Inception 2020-08-31

$37.35−0.14 (−0.39%)

As of Sep 17, 2026, 12:16 PM EDT

Intraday session: down, 5 prints from 37.50 to 37.35. Range 37.34 to 37.49. Use the arrow keys to read each point.$37.40$37.45$37.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$68M
1Y return
−1.2%
Yield · Last 12 months
5.50%
Holdings
36
Volume · 30D
0M sh
NAV per share
$37.68
52W range
low $35.54high $41.08

The ETF.net KWT Grade

F

19/ 100

Rank 22 of 22 in Emerging Markets Single Country⁠

Confidence High

Six-pillar profile for KWT. Scores out of 100: Cost 7, Risk 71, Mission 0, Tradability 10, Holdings 35, Durability 29. Strongest: Risk (71). Weakest: Mission (0). Leans toward Risk.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 19 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 7
    Category rank21/22 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 0
    Category rank22/22 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 71
    Category rank4/22 · top 18%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 10
    Category rank21/22 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 35
    Category rank17/20 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 29
    Category rank19/22 · bottom quartile

Graded as of Sep 17, 2026

Our read on KWT

ETF.net Research

FOne ticker, one country. KWT tracks an index of Kuwaiti stocks, roughly 40 names deep, and has been listed since 2020. A specialist tool for a small Gulf market, priced like a specialist at 0.75% a year.

Stated mandate

The fund seeks to track an index composed of equities with exposure to Kuwait, providing a single-country investment mandate.

Why people hold it

  1. 01A single-ticker route into Kuwait's listed market: an index mandate covering roughly 40 Kuwaiti companies, not a manager's hand-picked basket.
  2. 02Concentration is the point. Broad emerging-market funds spread across dozens of countries; this one keeps the exposure to Kuwaiti equities only.
  3. 03Standard iShares index wrapper, running since 2020, with daily-disclosed holdings rather than a black box.

Worth knowing

  1. 01At 0.75% a year, it costs more than the typical single-country emerging-market fund. Narrow access carries a narrow-market price.
  2. 02It trades thinly and stays small, so spreads and order size matter more here than in the mainstream country funds.
  3. 03Within its single-country emerging-market peer group it sits in the bottom quartile, with funds like EWW and EPOL ahead on cost and ease of trading.

KWT Holdings

As of Sep 18, 2026, 3:00 AM
Asset class
Stocks
Holdings
36
Top-10 weight
71%
Largest holding
NBK.KW22.5%

Sectors

  • Financials65.5%
  • Real Estate11.5%
  • Industrials9.6%
  • Communication6.0%
  • Cons. Staples2.5%
  • Materials2.3%
  • Consumer Discr.1.9%
  • Utilities0.7%

Geography

  • Kuwait100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NBK.KWNATIONAL BANK OF KUWAIT22.54%5,426,608$15M64
002KFH.KWKUWAIT FINANCE HOUSE22.23%6,031,770$15M59
003ZAIN.KWMOBILE TEL4.47%1,509,889$3M72
004GBK.KWGULF BANK3.84%2,305,786$3M52
005MABANEE.KWMABANEE COMPANY3.66%799,865$2M50
006—WARBABANK3.54%2,711,263$2M—
007NIND.KWNATIONAL INDUSTRIES GROUP HOLDING2.87%2,480,238$2M27
008—AL AHLI BANK2.79%1,909,373$2M—
009—KUWAIT REAL EST2.57%1,435,860$2M—
010—BOUBYAN PETROCHM2.30%648,878$2M—
011BOURSA.KWBOURSA KUWAIT SECURITIES COMPANY2.28%160,028$2M33
012—COMMERCIAL REAL ESTATE2.20%2,423,656$1M—
013—THE PUBLIC WAREHOUSING (AGILITY)1.80%2,599,240$1M—
014HUMANSOFT.KWHUMAN SOFT1.72%152,586$1M34
015—KUWAIT INTERNATIONAL BANK1.69%1,368,451$1M—

Showing 1–15 of 30 holdings

KWT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KWT$9,876
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,697
Sep 17, 2025 to Sep 17, 2026. KWT $9,876. SPY $11,697. Use the arrow keys to read each point.$8,958$10,555$12,151Sep 2025Mar 2026Sep 2026

Sep 17, 2025 – Sep 17, 2026

Returns run to the Sep 17, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for KWT. Periods over one year show the average yearly return.
PeriodKWT
Year to date+0.0%
1 month+1.4%
3 months+0.2%
1 year−1.2%
3 years+10.9%per year
5 years+7.6%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KWT
YearReturn barKWT
2026 YTD+0.0%
2025+25.4%
2024+11.3%
2023−4.7%
2022+5.2%
2021+30.8%
2020+9.1%

History from Sep 3, 2020

KWT in the news

ETF.net Research hasn’t filed on KWT yet — coverage lands here as it’s written.

KWT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 17, 2026.
5.50%Last 12 months
Payout per share
$2.06Last 12 months
Last payment
$0.81 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

Through Sep 17, 2026

One bar per payment. 12 payments from 2020 to 2026 YTD. Dec 14, 2020 $0.07; Jun 10, 2021 $0.50; Dec 13, 2021 $2.04; Jun 9, 2022 $0.75; Dec 13, 2022 $1.19; Jun 7, 2023 $0.68; Dec 20, 2023 $0.01; Jun 11, 2024 $1.48; Dec 17, 2024 $0.48; Jun 16, 2025 $0.81; Dec 16, 2025 $1.26; Jun 15, 2026 $0.81. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 22, 2026$0.81
Dec 16, 2025Dec 22, 2025$1.26
Jun 16, 2025Jun 23, 2025$0.81
Dec 17, 2024Dec 23, 2024$0.48
Jun 11, 2024Jun 17, 2024$1.48
Dec 20, 2023Dec 27, 2023$0.01
Jun 7, 2023Jun 13, 2023$0.68
Dec 13, 2022Dec 19, 2022$1.19
Jun 9, 2022Jun 15, 2022$0.75
Dec 13, 2021Dec 17, 2021$2.04
Jun 10, 2021Jun 16, 2021$0.50
Dec 14, 2020Dec 18, 2020$0.07

KWT Risk

How much the fund’s monthly returns vary, scaled to a year.
11.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.60
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−24.3%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.40
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

KWT Cost

Expense Ratio
0.75%