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THD

GradeCNew York Stock Exchange Arca

iShares MSCI Thailand ETF

Countries & Regions · IShares · Inception 2008-03-25 · SEC filings

$73.30−1.23 (−1.64%)

As of Sep 23, 2026, 3:03 PM EDT

Intraday session: down, 52 prints from 74.52 to 73.30. Range 73.14 to 73.89. Use the arrow keys to read each point.$73.20$73.40$73.60$73.8010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$385M
1Y return
+27.5%
Yield · Last 12 months
3.39%
Holdings
82
Volume · 30D
0.1M sh
NAV per share
$73.37
52W range
low $57.52high $75.17

The ETF.net THD Grade

C

50/ 100

Rank 8 of 22 in Emerging Markets Single Country⁠

Confidence High

Six-pillar profile for THD. Scores out of 100: Cost 50, Risk 56, Mission 47, Tradability 35, Holdings 70, Durability 64. Strongest: Holdings (70). Weakest: Tradability (35). Leans toward Holdings and Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C 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.
    CScore 50
    Category rank14/22 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 47
    Category rank8/22 · top 36%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank9/22 · top 41%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank17/22 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 70
    Category rank4/20 · top 20%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 64
    Category rank10/22 · top 45%

Graded as of Sep 22, 2026

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 Sep 22, 2026, 3:23 AM
Asset class
Stocks
Holdings
82
Top-10 weight
55%
Largest holding
DELTA-R.BK14.0%

Sectors

  • Industrials26.2%
  • Energy15.8%
  • Financials12.1%
  • Communication9.9%
  • Cons. Staples8.4%
  • Utilities7.9%
  • Health Care7.3%
  • Real Estate4.9%
  • Consumer Discr.4.6%
  • Technology1.6%
  • Materials1.2%

Geography

  • Thailand99.86%
  • United States0.11%
  • United Kingdom0.03%

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-V14.03%7,374,608$53M60
002PTT-R.BKPTT NON-VOTING DR7.89%23,643,700$30M58
003ADVANC-R.BKADVANCED INFO SERVICE NON-VOTING D6.21%2,286,419$24M65
004AOT-R.BKAIRPORTS OF THAILAND NON-VOTING DR4.49%9,286,600$17M57
005CPALL-R.BKCP ALL NON-VOTING DR4.34%12,221,200$17M54
006GULF-R.BKGULF DEVELOPMENT NON-VOTING DR PCL4.27%8,828,988$16M54
007BDMS-R.BKBANGKOK DUSIT MEDICAL SERVICES NON3.98%25,367,800$15M61
008PTTEP-R.BKPTT EXPLORATION AND PRODUCTION NON3.61%3,049,984$14M61
009SCC-R.BKSIAM CEMENT NON-VOTING DR PCL3.56%1,702,000$14M54
010KTB-R.BKKRUNG THAI BANK PUBLIC NON-VOTING2.94%8,262,700$11M61
011KBANK-R.BKKASIKORNBANK PUBLIC NON-VOTING DR2.80%1,401,100$11M71
012TRUE-R.BKTRUE CORPORATION NON-VOTING DR2.64%26,544,948$10M54
013SCB-R.BKSCB X PUBLIC COMPANY LIMITED NON-V2.40%1,989,900$9M56
014CPN-R.BKCENTRAL PATTANA NON-VOTING DR PCL2.15%4,245,300$8M52
015BH-R.BKBUMRUNGRAD HOSPITAL NON-VOTING DR2.13%1,362,976$8M57

Showing 1–15 of 86 holdings

THD Performance

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

THD$12,750
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. THD $12,750. SPY $11,723. Use the arrow keys to read each point.$9,266$11,187$13,107Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+27.8%
1 month−0.3%
3 months+4.3%
1 year+27.5%
3 years+8.1%per year
5 years+2.9%per year
10 years+2.9%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 THD
YearReturn barTHD
2026 YTD+27.8%
2025+2.4%
2024−2.2%
2023−12.6%
2022+1.2%
2021+1.9%
2020−9.9%

THD in the news

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

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 Sep 22, 2026.
3.39%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.
20.9%
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.
0.12
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.
−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.