---
ticker: "QAT"
name: "iShares MSCI Qatar ETF"
url: "https://etf.net/etf/QAT"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "Emerging Markets Single Country"
category_rank: "20 of 22"
methodology: "https://etf.net/methodology"
---

# QAT: iShares MSCI Qatar ETF

Grade **D**, Score 32 of 100. Rank 20 of 22 in Emerging Markets Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 24 | 17 of 22 |
| Mission | 18 | 21 of 22 |
| Risk | 55 | 9 of 22 |
| Tradability | 44 | 13 of 22 |
| Holdings | 37 | 16 of 20 |
| Durability | 44 | 15 of 22 |

## Top holdings

The fund holds 35 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | QNBK.QA | Qatar National Bank | 22.47% |
| 2 | QIBK.QA | Qatar Islamic Bank | 14.27% |
| 3 | IQCD.QA | Industries Qatar | 6.01% |
| 4 | ORDS.QA | Ooredoo | 4.50% |
| 5 | QGTS.QA | Qatar Gas Transport Company Ltd | 4.46% |
| 6 | CBQK.QA | Commercial Bank of Qatar | 4.39% |
| 7 | MARK.QA | Masraf Al Rayan | 4.34% |
| 8 | QIIK.QA | Qatar International Islamic Bank | 4.23% |
| 9 | QNNS.QA | Qatar Navigation | 3.93% |
| 10 | QFLS.QA | Qatar Fuel | 3.13% |
| 11 | DHBK.QA | Doha Bank | 2.72% |
| 12 | QEWS.QA | Nebras Energy | 2.56% |
| 13 | MPHC.QA | Mesaieed Petrochemical Holding | 2.44% |
| 14 | DUBK.QA | Dukhan Bank | 2.44% |
| 15 | BRES.QA | Barwa Real Estate | 2.04% |
| 16 | IGRD.QA | Estithmar Holding | 2.03% |
| 17 | VFQS.QA | Vodafone Qatar | 1.90% |
| 18 | QAMC.QA | Qatar Aluminium Manufacturing | 1.68% |
| 19 | QFBQ.QA | Lesha Bank | 1.05% |
| 20 | GISS.QA | Gulf International Services | 0.91% |
| 21 | BLDN.QA | Baladna Company | 0.85% |
| 22 | MERS.QA | Al Meera Consumer Goods Company | 0.81% |
| 23 | MCGS.QA | Medicare Group | 0.79% |
| 24 | UDCD.QA | United Development | 0.78% |
| 25 | AHCS.QA | Aamal Holding | 0.72% |
| 26 | ERES.QA | Ezdan Holding Group | 0.68% |
| 27 | QIGD.QA | Qatari Investors Group | 0.66% |
| 28 | — | Meeza Qstp Llc Company | 0.62% |
| 29 | QNCD.QA | Qatar National Cement | 0.58% |
| 30 | GWCS.QA | Gulf Warehousing Company | 0.56% |

Source: etf.net, https://etf.net/etf/QAT. Please cite the page URL.