- ISIN
- US46434V7799
- CUSIP
- 46434V779
- Issuer
- iShares
- Inception Date
- Apr 29, 2014
- Region
- Middle East (Qatar)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI All Qatar Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $67M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
QAT Performance Chart
iShares MSCI Qatar ETF (QAT) is up 1.4% since the beginning of the year. QAT is currently trading at $18 per share. Investors who bought $1,000 worth of QAT shares 5 years ago would now be looking at an investment worth $1,199.
Loading charts...
Returns By Period
iShares MSCI Qatar ETF (QAT) has returned 1.40% so far this year and 8.99% over the past 12 months. Over the last ten years, QAT has returned 4.48% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares MSCI Qatar ETF
- 1D
- -0.63%
- 1M
- 2.48%
- YTD
- 1.40%
- 6M
- 1.29%
- 1Y
- 8.99%
- 3Y*
- 5.98%
- 5Y*
- 3.69%
- 10Y*
- 4.48%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
QAT Monthly Returns History
Based on dividend-adjusted daily data since May 1, 2014, QAT's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, an investment would double in approximately 23.1 years.
Historically, 55% of months were positive and 45% were negative. The best month was Dec 2017 with a return of +16.7%, while the worst month was Jun 2014 at -19.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, QAT closed higher 47% of trading days. The best single day was Aug 27, 2015 with a return of +8.1%, while the worst single day was Mar 9, 2020 at -12.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.74% | -1.27% | -4.42% | 0.97% | 2.40% | -0.77% | 1.40% | ||||||
| 2025 | 1.00% | -0.61% | -0.89% | 2.63% | 2.40% | 1.73% | 5.56% | 1.76% | -2.35% | -1.18% | -2.18% | 0.88% | 8.81% |
| 2024 | -4.85% | 5.39% | -2.97% | -2.10% | -3.59% | 6.15% | 3.08% | 1.32% | 5.16% | -2.21% | 0.44% | 0.04% | 5.20% |
| 2023 | 4.06% | -4.30% | -0.49% | 1.43% | -0.05% | 0.95% | 5.92% | -5.22% | -3.23% | -6.61% | 6.90% | 4.44% | 2.72% |
| 2022 | 7.77% | 3.52% | 4.61% | 0.54% | -5.92% | -4.82% | 6.41% | 1.71% | -6.87% | 1.40% | -4.35% | -9.68% | -7.23% |
| 2021 | 1.08% | -3.59% | 4.62% | 4.25% | -1.30% | -0.06% | -0.16% | 4.39% | 2.70% | 2.21% | -1.84% | 1.62% | 14.42% |
Benchmark Metrics
iShares MSCI Qatar ETF has an annualized alpha of -1.75%, beta of 0.38, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since May 01, 2014.
- This ETF participated in 48.44% of S&P 500 Index downside but only 25.76% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.38 may look defensive, but with R2 of 0.13 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.13 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.75%
- Beta
- 0.38
- R²
- 0.13
- Upside Capture
- 25.76%
- Downside Capture
- 48.44%
Expense Ratio
QAT has an expense ratio of 0.59%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QAT ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI Qatar ETF (QAT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QAT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.37 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 2.78 | -1.93 |
| Martin ratioReturn relative to average drawdown | 1.57 | 12.44 | -10.87 |
Dividends
Dividend History
iShares MSCI Qatar ETF provided a 4.61% dividend yield over the last twelve months, with an annual payout of $0.85 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.85 | $0.66 | $1.06 | $0.71 | $0.88 | $0.48 | $0.49 | $0.63 | $0.86 | $0.66 | $0.67 | $0.87 |
Dividend yield | 4.61% | 3.51% | 5.90% | 3.92% | 4.78% | 2.33% | 2.63% | 3.57% | 4.63% | 4.10% | 3.51% | 4.49% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI Qatar ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.66 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $1.06 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.88 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI Qatar ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares MSCI Qatar ETF was 45.21%, occurring on Nov 21, 2017. Recovery took 998 trading sessions.
The current iShares MSCI Qatar ETF drawdown is 11.21%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2017 bear market2017 | -45.21%Nov 2017 | 3y 5mo | 3y 11mo | 7y 5moJun 2014 - Nov 2021 |
2023 bear market2023 | -33.17%Oct 2023 | 1y 6mo | — | 4y 2moApr 2022 - now |
2021 pullback2021 | -5.29%Nov 2021 | 13d | 1mo 14d | 1mo 27dNov 2021 - Jan 2022 |
2014 pullback2014 | -4.28%May 2014 | 5d | 7d | 12dMay 2014 - May 2014 |
Bear market2022 | -3.88%Mar 2022 | 6d | 10d | 16dMar 2022 - Mar 2022 |
Drawdown Indicators
| QAT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.21% | -56.78% | +11.57% |
Max Drawdown (1Y)Largest decline over 1 year | -10.60% | -9.10% | -1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -17.41% | -18.90% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -33.17% | -25.43% | -7.74% |
Max Drawdown (10Y)Largest decline over 10 years | -34.04% | -33.92% | -0.12% |
Current DrawdownCurrent decline from peak | -11.21% | -1.80% | -9.41% |
Average DrawdownAverage peak-to-trough decline | -19.15% | -10.71% | -8.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.74% | 2.03% | +3.71% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with QAT
Add iShares MSCI Qatar ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with QAT