THD: Thai Stocks Have Been A Poor Choice For International Investors

May 19, 2025 10:10 AM ETiShares MSCI Thailand ETF (THD)THD
Ben Holden-Crowther
259 Followers
(9min)

Summary

  • iShares MSCI Thailand ETF has performed very poorly over the past decade, offering a -7% return with dividends reinvested.
  • The ETF is heavily exposed to slower growing sectors and firms, with just a 1% allocation towards technology.
  • Many of the fund's holdings suffer from risks associated with government or controlling family influence.
  • While THD looks cheap relative to history, it isn't cheap versus developed markets with lower country risk.

Aerial view of Bangkok city overlook Bangkok city, tiny world, high rise building, road, fish eyes lenses, Tourist destination in Thailand.

Sungkom/iStock Editorial via Getty Images

Investment Thesis

iShares MSCI Thailand ETF (NYSEARCA:THD) offers investors exposure to the Thai economy through stakes in more than one hundred companies trading on the country's stock market. Unfortunately, Thai equities have broadly performed very poorly

This article was written by

259 Followers
International analyst focused on finding great companies with durable competitive advantages and strong balance sheets, and aiming to buy their shares when they are being offered by the market at irrational prices.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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