iShares MSCI Thailand ETF
THD

$66.74

0.91%

Market Cap: $220M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

45% more call options, than puts

Call options by funds: $1.17M | Put options by funds: $803K

8.11% more ownership

Funds ownership: 53.88% [Q1] → 61.99% (+8.11%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

4% less funds holding

Funds holding: 55 [Q1] → 53 (-2) [Q2]

12% less capital invested

Capital invested by funds: $159M [Q1] → $140M (-$19.4M) [Q2]

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

33% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 21

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Research analyst outlook

We haven’t received any recent analyst ratings for THD.

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Financial journalist opinion

Highest And Lowest Country ETF Dividend Yields

US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage points less at +44.5%. Looking at the international dividend ETF over a longer time frame, over the last five years, it's up 20.6% in price and more than double that on a total return basis.

Highest And Lowest Country ETF Dividend Yields

Zacks Investment Research

Wall Street Surges in August: Best-Performing ETFs

With recession concerns easing and Fed rate cut talks rising, Wall Street closed August with renewed optimism.

Wall Street Surges in August: Best-Performing ETFs

THD: Macro Improvements Point To Full Recovery In 2025

Thailand's economy should fully bounce back by late 2024 or early 2025, but growth still lags behind regional peers. The World Bank projects Thailand's economy to grow by 2.4% in 2024 and 2.8% in 2025, slower than other regional markets. Thailand's tourism industry is showing signs of recovery, with the potential for tourist arrivals to reach pre-pandemic levels in 2025.

THD: Macro Improvements Point To Full Recovery In 2025

THD: Thailand Stocks Continue To Weaken, Look For A Buying Opportunity

Thailand stock market underperforms due to weak tourism, exports, and political instability, leading to a significant decline. The decline has seen some cheapening up of valuations, particularly compared to some of its Southeast Asian neighbors. Government measures coming up soon include cash handouts, relaxed visa rules, and specific measures to boost stocks.

THD: Thailand Stocks Continue To Weaken, Look For A Buying Opportunity

THD: Baht Suffers From Governance Issues

Thailand's political situation is pretty unstable, and markets are reacting to a corollary of that, which is a scramble to get political rate policy done at the central bank. The baht is down, and market reforms after some accounting incidents have led to a difficult 2023 and also the beginning of 2024. The market is also quite richly valued, led by the businesses that might have been interesting in a weak baht environment.

THD: Baht Suffers From Governance Issues

THD: Thai Equities Are Still Too Pricey

Thailand has not been a happy hunting ground for investors in recent years. The macro/micro setup offers little hope of an equity turnaround anytime soon. Pending a step change in the fundamental outlook, I won't be buying this dip.

THD: Thai Equities Are Still Too Pricey

Asia-Pacific Is Not Just China

While the China macro story of ongoing transition is a headwind to the rest of Asia, there is more to the region's economic health than this.

Asia-Pacific Is Not Just China

ASEAN Economic Outlook In 2024

The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. Singapore's GDP growth rate improved to a pace of 2.8% y/y in the fourth quarter of 2023 according to the advance estimate of GDP from the Ministry of Trade and Industry (MTI).

ASEAN Economic Outlook In 2024

THD: Not Terribly Compelling

Thai markets have performed poorly, but the macroeconomic and monetary situation is stable and fiscal stimulus is expected. However, the somewhat higher PE ratio remains, and there are high expense ratios associated with THD due to the markets it invests in. While the Thai economy doesn't raise exceptional concern, valuations of THD are not compelling.

THD: Not Terribly Compelling

Zacks Investment Research

Invest in Emerging Asia in 2024 With These ETFs

With moderating inflation levels in most Asian countries and great growth potential in the medium to long term, investing in Emerging Asian countries can prove beneficial.

Invest in Emerging Asia in 2024 With These ETFs

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