THD — iShares MSCI Thailand ETF
Single Country - Emerging Ranked #332 of 458 tracked ETFs · Issued by iShares
THD Price Performance — Growth of $10,000
Value of a $10,000 investment in THD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
THD Drawdown
The "underwater" chart: THD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in THD?
See what a lump sum in THD would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares MSCI Thailand ETF is a Single Country - Emerging market fund issued by iShares with $420 million in assets under management. It holds an ETFValuer grade of C, reflecting a score of 53.4 out of 100, and ranks 9th among 22 peers in its category. The fund’s expense ratio of 0.59% aligns with the category median, while its dividend yield of 3.56% significantly exceeds the peer average of 2.68%. Concentration is notable, with the top ten holdings comprising 55.1% of assets and Delta Electronics (Thailand) Public Company Limited representing the largest single position at 14.2%.
The fund’s price of $70.87 sits at 75.6% of its 52-week range, indicating a position closer to the upper end of recent trading levels. Short-term performance shows weakness with declines over the one-day, one-week, and one-month horizons, contrasting with stronger long-term gains of 23.33% over the past year. This one-year return substantially outpaces the category median of 7.84%, driven by a three-year total return of 28.91%. The rating was upgraded from D to C on 2026-09-23, though price history is available for only 3.0 years.
With a beta of 0.79, the ETF has exhibited lower sensitivity to overall market movements compared to the broader index. Annualized volatility of 21.97% is classified as Moderate, while the Sharpe ratio of 0.83 suggests reasonable risk-adjusted returns relative to the risk taken. The maximum drawdown of -34.11% highlights the potential for significant peak-to-trough declines during the measured period. Liquidity is characterized by an average daily volume of 83,784 shares, which may impact execution for larger orders.
AI-generated summary based on the data on this page.
THD Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Delta Electronics (Thailand) Public Company Limited | 14.24% | $49M |
| 2 | PTT Public Company Limited | 7.32% | $25M |
| 3 | ADVANCED INFO SERVICE PUBLIC COMPANY LIMITED | 6.76% | $23M |
| 4 | Airports of Thailand Public Company Limited | 4.66% | $16M |
| 5 | GULF DEVELOPMENT PUBLIC COMPANY LIMITED | 4.27% | $15M |
| 6 | CP All Public Company Limited | 4.14% | $14M |
| 7 | Bangkok Dusit Medical Services Public Company Limited | 3.71% | $13M |
| 8 | PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED | 3.67% | $13M |
| 9 | The Siam Cement Public Company Limited | 3.61% | $12M |
| 10 | KRUNG THAI BANK PUBLIC COMPANY LIMITED | 2.68% | $9M |
Holdings as of 2026-08-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 55.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how THD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Market Backdrop
10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What THD's Fees Cost You
THD charges an expense ratio of 0.59% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
THD Dividend Income Estimator
THD currently yields 3.56%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
THD Liquidity, Domicile & Tax Treatment
Liquidity: Average daily volume is 84K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $420M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: THD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
THD Performance History
| Period | Return |
|---|---|
| 1-Day | +0.16% |
| 1-Week | -1.36% |
| 1-Month | -3.45% |
| 3-Month | -1.47% |
| 6-Month | +4.89% |
| YTD | +21.08% |
| 1-Year | +23.33% |
| 3-Year | +28.91% |
How THD Compares to Other Single Country - Emerging ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #69 | B |
EWT | iShares MSCI Taiwan ETF | +68.72% | 0.59% | $12.3B |
| #92 | B |
EPOL | iShares MSCI Poland ETF | +33.90% | 0.59% | $834M |
| #96 | B |
FLKR | Franklin FTSE South Korea ETF | +75.07% | 0.09% | $1.79B |
| #116 | B |
EWY | iShares MSCI South Korea ETF | +72.90% | 0.59% | $26.2B |
| #153 | B |
EPU | iShares MSCI Peru ETF | +41.56% | 0.59% | $548M |
| #168 | B |
EWZ | iShares MSCI Brazil ETF | +48.19% | 0.59% | $8.64B |
| #191 | B |
GREK | Global X MSCI Greece ETF | +25.16% | 0.56% | $348M |
| #320 | C |
EWW | iShares MSCI Mexico ETF | +18.81% | 0.5% | $1.49B |
| #332 | C |
THD | iShares MSCI Thailand ETF | +23.33% | 0.59% | $420M |
| #385 | D |
EWM | iShares MSCI Malaysia ETF | +8.63% | 0.5% | $288M |
| #389 | D |
ECH | iShares MSCI Chile ETF | +9.65% | 0.59% | $950M |
| #390 | D |
EZA | iShares MSCI South Africa ETF | +7.04% | 0.59% | $474M |
| #431 | D |
INDA | iShares MSCI India ETF | -15.97% | 0.61% | $5.83B |
| #432 | D |
FXI | iShares China Large-Cap ETF | -17.20% | 0.73% | $3.93B |
| #434 | D |
ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -3.13% | 0.65% | $1.39B |
| #436 | D |
MCHI | iShares MSCI China ETF | -20.79% | 0.59% | $5.99B |
| #438 | F |
VNM | VanEck Vietnam ETF | -5.42% | 0.66% | $489M |
| #444 | F |
KSA | iShares MSCI Saudi Arabia ETF | -14.54% | 0.75% | $588M |
| #447 | F |
GXC | State Street SPDR S&P China ETF | -17.69% | 0.59% | $457M |
| #450 | F |
INDY | iShares India 50 ETF | -17.02% | 0.65% | $498M |
| #453 | F |
KWEB | KraneShares CSI China Internet ETF | -37.79% | 0.69% | $4.50B |
| #456 | F |
EIDO | iShares MSCI Indonesia ETF | -39.05% | 0.59% | $417M |