iShares MSCI Qatar ETF
$15.83+0.02 (+0.11%)
- 0.60%
- $55M
- −14.0%
- 5.38%
- 0M sh
- $15.94
- low $15.81high $20.17
The ETF.net QAT Grade
D
Score 32 out of 100
- 20 of 22
Score 32 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F24 out of 100Rank 17 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.F18 out of 100Rank 21 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 9 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 13 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 16 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 15 of 22
Our read on QAT
DOne ticker, one country. QAT tracks the MSCI All Qatar Capped Index with a tight basket of Qatari stocks, giving US investors direct access to a small Gulf market that barely registers inside a broad emerging markets fund.
The fund seeks to track an index composed of Qatar equities, providing targeted exposure to companies in Qatar and a way to express a single-country view.
Why people hold it
- Direct Qatar exposure in a plain US-listed wrapper: no local brokerage, no currency account, just an index fund tracking the MSCI All Qatar Capped Index.ishares.com
- Launched in 2014 and run by iShares, so this is a long-running fund with a decade-plus of live history rather than a recent launch chasing a theme.
- About 30 holdings means you can actually read the portfolio and see what you own, instead of Qatar arriving as an unlabeled sliver of a broad emerging markets index.
Worth knowing
- The 0.60% annual fee is typical for single-country emerging markets funds, but cheaper options exist in that group: Franklin's FLMX charges a fraction as much for its country exposure.
- Roughly 30 stocks in one small market is concentration by design. Individual names and sector moves drive results, and there is no diversification cushion underneath.
- It lands in the lower reaches of our single-country emerging markets group, weighed down mainly by cost and by how closely it delivers on its stated index mandate. Payouts come once or twice a year, not quarterly.
QAT Holdings
- Stocks
- 35
- 72%
- QNBK.QA
Sectors
- Financials56.5%
- Industrials13.7%
- Energy8.5%
- Communication6.4%
- Materials5.4%
- Real Estate3.9%
- Utilities2.6%
- Consumer Staples1.7%
- Health Care0.8%
- Information Technology0.6%
Geography
- Qatar100.00%
Developed 0% · Emerging 100%
QAT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QAT$8,604
Returns run to the Oct 12, 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.
| Period | QAT |
|---|---|
| Year to date | −13.1% |
| 1 month | −8.7% |
| 3 months | −10.9% |
| 1 year | −14.0% |
| 3 years | +1.9% |
| 5 years | −1.1% |
| 10 years | +1.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QAT |
|---|---|---|
| 2026 YTD | −13.1% | |
| 2025 | +8.8% | |
| 2024 | +5.2% | |
| 2023 | +2.7% | |
| 2022 | −7.2% | |
| 2021 | +14.4% | |
| 2020 | +6.9% |
QAT in the news
QAT Dividends
- 5.38%
- $0.85
- $0.62 per share
- Twice a year
Distribution history
QAT Risk
- 12.4%
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.
- −0.13
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.
- −33.2%
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.
- 0.51
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QAT Cost
0.60%
QAT0.60%
- The middle half of Emerging Markets Single Country funds
- Median 0.59%
16 of the 21 Emerging Markets Single Country funds charge less.
Other funds in Emerging Markets Single Country
- CFLSAFranklin FTSE Saudi Arabia ETFExpense ratio 0.39%1 year return −6.8%
- DCOLOGlobal X - MSCI Colombia ETFExpense ratio 0.62%1 year return +57.4%
- DEPHEiShares MSCI Philippines ETFExpense ratio 0.59%1 year return −5.4%
- DVNMVanEck Vietnam ETFExpense ratio 0.66%1 year return −12.5%
- FKPHOKraneshares Dragon Capital Vietnam Growth Index ETFExpense ratio 1.02%1 year return —