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Launched · SEC filings

iShares MSCI Thailand ETF

THDNYSE ArcaC

$71.17−0.19 (−0.27%)

At close: Oct 13, 2026, 4:00 PM

C51/ 100

Rank 8 of 22 in Emerging Markets Single Country

C51/100Rank 8 of 22inEmerging Markets Single Country
Intraday session: down, 65 prints from 71.36 to 71.17. Range 70.86 to 71.46. Use the arrow keys to read each point.70.9071.0071.1010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$428M
1Y total return
+27.2%
Yield · Last 12 months
3.54%
Holdings
87
Avg volume · 30D
0.1M sh
NAV per share
$71.87
52W range
low $57.52high $75.17
Launched
Filings
SEC EDGAR

The ETF.net THD Grade

C

Score 51 out of 100

Category
Emerging Markets Single Country⁠
Rank
8 of 22
Six-pillar profile for THD. Scores out of 100: Cost 50, Risk 57, Mission 48, Tradability 39, Holdings 67, Durability 65. Strongest: Holdings (67). Weakest: Tradability (39). Leans toward Holdings and Durability.

Score 51 of 100 falls in the C 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.
    C50 out of 100
    Rank 7 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C48 out of 100
    Rank 8 of 22

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B57 out of 100
    Rank 8 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 17 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B67 out of 100
    Rank 6 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B65 out of 100
    Rank 8 of 22

Our read on THD

ETF.net Research

CSince 2008, THD has been the single-ticker route into Thai stocks from a US brokerage account. Its MSCI index is all-cap, reaching roughly 99% of Thailand's free float, so mid and small caps ride along with the giants.

Stated mandate

The fund seeks to track an index made up of Thai equities, providing targeted exposure to companies in Thailand.

Why people hold it

  1. 01All-cap by design: large, mid and small Thai names, covering roughly 99% of the market's free float instead of a blue-chip slice.msci.com
  2. 02Trading since 2008 on the iShares platform, it is the long-standing way to hold a basket of Thai equities without opening a foreign account.ishares.com
  3. 03The index applies the US tax code's fund diversification limits, so no single Thai company can dominate it. Roughly 80 holdings spread the exposure.msci.com

Worth knowing

  1. 010.59% a year, right at the median for single-country emerging-market funds. Cheaper wrappers exist in the group (FLMX charges 0.19%), just not for Thailand.
  2. 02One country, one currency. Baht moves and Thailand-specific news land straight in the price, with no other market in the basket to offset them.ishares.com
  3. 03Distributions come once or twice a year rather than monthly, so any income arrives in lumps.

THD Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
87
Top-10 weight
56%
Largest holding
DELTA-R.BK15.7%

Sectors

  • Information Technology18.0%
  • Energy15.3%
  • Financials13.0%
  • Communication8.9%
  • Consumer Staples8.0%
  • Materials7.2%
  • Utilities7.1%
  • Health Care6.6%
  • Industrials6.1%
  • Real Estate5.1%
  • Consumer Discretionary4.7%

Geography

  • Thailand99.85%
  • United States0.13%
  • United Kingdom0.02%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001DELTA-R.BKDelta Electronics (Thailand) Non-V15.67%8,381,408$67M59
002PTT-R.BKPtt Non-Voting Dr7.50%26,871,300$32M58
003ADVANC-R.BKAdvanced Info Service Non-Voting D6.05%2,598,319$26M65
004AOT-R.BKAirports of Thailand Non-Voting Dr4.29%10,562,600$18M56
005GULF-R.BKGulf Development Non-Voting Dr Pcl4.24%10,042,688$18M53
006CPALL-R.BKCp All Non-Voting Dr4.17%13,888,400$18M53
007BDMS-R.BKBangkok Dusit Medical Services Non3.82%28,844,600$16M60
008SCC-R.BKSiam Cement Non-Voting Dr Pcl3.62%1,935,100$15M53
009PTTEP-R.BKPtt Exploration and Production Non3.56%3,467,784$15M60
010KTB-R.BKKrung Thai Bank Public Non-Voting2.75%9,399,200$12M59
011TRUE-R.BKTrue Corporation Non-Voting Dr2.63%30,165,048$11M52
012KBANK-R.BKKasikornbank Public Non-Voting Dr2.53%1,591,200$11M71
013SCB-R.BKScb X Public Company Limited Non-V2.28%2,261,200$10M54
014CPN-R.BKCentral Pattana Non-Voting Dr Pcl2.09%4,824,900$9M50
015—Ptt Global Chemical Non-Voting Dr2.05%5,453,207$9M29

Showing 1–15 of 87 holdings

THD Performance

Launched Mar 26, 2008

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

THD$12,716
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. THD $12,716. SPY $12,044. Use the arrow keys to read each point.$9,477$11,571$13,665Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for THD. Periods over one year show the average yearly return.
PeriodTHD
Year to date+22.4%
1 month−3.7%
3 months−1.6%
1 year+27.2%
3 yearsper year+8.4%
5 yearsper year+1.6%
10 yearsper year+3.6%

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 THD
YearReturn barTHD
2026 YTD+22.4%
2025+2.4%
2024−2.2%
2023−12.6%
2022+1.2%
2021+1.9%
2020−9.9%

THD in the news

Filtered to THD · Emerging Markets Single Country

THD 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 Oct 12, 2026.
3.54%Last 12 months
Payout per share
$2.53Last 12 months
Last payment
$1.71 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $1.37; Dec 19, 2017 $0.63; Jun 19, 2018 $1.52; Dec 18, 2018 $0.61; Jun 17, 2019 $1.44; Dec 16, 2019 $0.62; Dec 30, 2019 $0.06; Jun 15, 2020 $1.33; Dec 14, 2020 $0.45; Jun 10, 2021 $1.28; Dec 13, 2021 $1.12; Jun 9, 2022 $1.23; Dec 13, 2022 $0.58; Jun 7, 2023 $1.21; Dec 20, 2023 $0.66; Jun 11, 2024 $1.14; Dec 17, 2024 $0.77; Jun 16, 2025 $1.20; Dec 16, 2025 $0.81; Jun 15, 2026 $1.71. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.71
Dec 16, 2025Dec 19, 2025$0.81
Jun 16, 2025Jun 20, 2025$1.20
Dec 17, 2024Dec 20, 2024$0.77
Jun 11, 2024Jun 17, 2024$1.14
Dec 20, 2023Dec 27, 2023$0.66
Jun 7, 2023Jun 13, 2023$1.21
Dec 13, 2022Dec 19, 2022$0.58
Jun 9, 2022Jun 15, 2022$1.23
Dec 13, 2021Dec 17, 2021$1.12
Jun 10, 2021Jun 16, 2021$1.28
Dec 14, 2020Dec 18, 2020$0.45

THD Risk

How much the fund’s monthly returns vary, scaled to a year.
20.1%
Annualised · 36 months to Sep 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.
0.24
vs 3-month T-bills · to Sep 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.
−40.2%
Trough Apr 2025
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.
0.84
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.

THD Cost

Expense ratio0.59%
  • The middle half of Emerging Markets Single Country funds
  • Median 0.59%

6 of the 21 Emerging Markets Single Country funds charge less.

THD costs $59.00 a year on $10,000. The median Emerging Markets Single Country fund costs $59.00.

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