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EIDO vs. THD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EIDO vs. THD

Last updated Aug 4, 2026
Documentation

EIDO (iShares MSCI Indonesia ETF) and THD (iShares MSCI Thailand ETF) are both exchange-traded funds - EIDO is a Indonesia Equities fund tracking the MSCI Indonesia Investable Market Index, while THD is a Asia Pacific Equities fund tracking the MSCI Thailand Investable Market Index. Both are passively managed. Over the past 10 years, EIDO returned -5.01%/yr vs 2.88%/yr for THD. Their 0.54 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.59% expense ratio.

Performance

EIDO vs. THD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Indonesia ETF (EIDO) and iShares MSCI Thailand ETF (THD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EIDO achieves a -32.06% return, which is significantly lower than THD's 25.13% return. Over the past 10 years, EIDO has underperformed THD with an annualized return of -5.01%, while THD has yielded a comparatively higher 2.88% annualized return.

EIDO

1D
0.81%
1M
8.91%
6M
-27.03%
YTD
-32.06%
1Y
-27.16%
3Y*
-15.44%
5Y*
-6.41%
10Y*
-5.01%
ALL TIME*
-1.53%

THD

1D
-0.12%
1M
1.86%
6M
18.50%
YTD
25.13%
1Y
34.70%
3Y*
5.85%
5Y*
3.28%
10Y*
2.88%
ALL TIME*
4.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EIDO

iShares MSCI Indonesia ETF
$13.59M$15.49M$20.66M

THD

iShares MSCI Thailand ETF
$1.98M$2.36M$5.51M

EIDO vs. THD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EIDO
iShares MSCI Indonesia ETF		-32.06%4.90%-13.02%2.56%-0.16%-0.60%-7.13%5.30%-10.88%19.40%
THD
iShares MSCI Thailand ETF		25.13%2.36%-2.21%-12.63%1.22%1.87%-9.89%8.32%-8.25%31.45%

Correlation

The correlation between EIDO and THD is 0.36, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.36

Correlation (3Y)
Balances recent behavior with more history.

0.41

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.43

Correlation (10Y)
Provides a long-term view across more market conditions.

0.48

Correlation (All Time)
Calculated using the full available price history since May 7, 2010

0.54

The correlation between EIDO and THD shifts across timeframes, from 0.36 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

EIDO vs. THD - Sectors Allocation Comparison

Sectors
EIDO
THD

Financial Services

44.7%
11.9%

Basic Materials

10.9%
2.8%

Energy

10.0%
13.0%

Communication Services

9.4%
9.8%

Consumer Defensive

7.7%
7.5%

Industrials

5.8%
30.2%

Technology

4.0%
1.3%

Consumer Cyclical

2.1%
5.2%

Healthcare

1.4%
6.4%

Real Estate

1.4%
5.2%

Utilities

0.6%
7.0%

Financial Services

EIDO
44.7%
THD
11.9%

Basic Materials

EIDO
10.9%
THD
2.8%

Energy

EIDO
10.0%
THD
13.0%

Communication Services

EIDO
9.4%
THD
9.8%

Consumer Defensive

EIDO
7.7%
THD
7.5%

Industrials

EIDO
5.8%
THD
30.2%

Technology

EIDO
4.0%
THD
1.3%

Consumer Cyclical

EIDO
2.1%
THD
5.2%

Healthcare

EIDO
1.4%
THD
6.4%

Real Estate

EIDO
1.4%
THD
5.2%

Utilities

EIDO
0.6%
THD
7.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Indonesia ETF

iShares MSCI Thailand ETF

Often compared with EIDO:
EIDO vs. IDXEIDO vs. EWYEIDO vs. INDAEIDO vs. ASEAEIDO vs. EWMEIDO vs. EWSEIDO vs. EWW
Often compared with THD:
THD vs. VOOTHD vs. AAXJTHD vs. GQETXTHD vs. GREKTHD vs. SSOTHD vs. BRAZTHD vs. EPU

Return for Risk

EIDO vs. THD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
EIDO
EIDO Risk / Return Rank: 22
Overall Rank
EIDO Sharpe Ratio Rank: 11
Sharpe Ratio Rank
EIDO Sortino Ratio Rank: 22
Sortino Ratio Rank
EIDO Omega Ratio Rank: 22
Omega Ratio Rank
EIDO Calmar Ratio Rank: 44
Calmar Ratio Rank
EIDO Martin Ratio Rank: 11
Martin Ratio Rank
THD
THD Risk / Return Rank: 6464
Overall Rank
THD Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
THD Sortino Ratio Rank: 6363
Sortino Ratio Rank
THD Omega Ratio Rank: 5858
Omega Ratio Rank
THD Calmar Ratio Rank: 7373
Calmar Ratio Rank
THD Martin Ratio Rank: 6161
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EIDO vs. THD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) and iShares MSCI Thailand ETF (THD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

EIDOTHDDifference
Sharpe ratioReturn per unit of total volatility
-1.04
1.57

-2.61

Sortino ratioReturn per unit of downside risk
-1.42
2.19

-3.62

Omega ratioGain probability vs. loss probability

0.82

1.27

-0.45

Calmar ratioReturn relative to maximum drawdown

-0.62

2.66

-3.28

Martin ratioReturn relative to average drawdown

-1.44

7.62

-9.06

EIDO vs. THD - Sharpe Ratio Comparison

The current EIDO Sharpe Ratio is -1.04, which is lower than the THD Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of EIDO and THD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EIDO vs. THD - Drawdown Comparison

The maximum EIDO drawdown since its inception was -63.21%, roughly equal to the maximum THD drawdown of -64.22%. Use the drawdown chart below to compare losses from any high point for EIDO and THD.

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Drawdown Indicators

EIDOTHDDifference

Max Drawdown

Largest peak-to-trough decline

-63.21%

-64.22%

+1.01%

Max Drawdown (1Y)

Largest decline over 1 year

-43.81%

-13.12%

-30.69%

Max Drawdown (3Y)

Largest decline over 3 years

-51.77%

-34.11%

-17.66%

Max Drawdown (5Y)

Largest decline over 5 years

-51.77%

-40.24%

-11.53%

Max Drawdown (10Y)

Largest decline over 10 years

-59.41%

-49.32%

-10.09%

Current Drawdown

Current decline from peak

-53.63%

-8.11%

-45.52%

Average Drawdown

Average peak-to-trough decline

-24.93%

-18.19%

-6.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.87%

4.56%

+14.31%

Volatility

EIDO vs. THD - Volatility Comparison

iShares MSCI Indonesia ETF (EIDO) has a higher volatility of 6.67% compared to iShares MSCI Thailand ETF (THD) at 4.28%. This indicates that EIDO's price experiences larger fluctuations and is considered to be riskier than THD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EIDOTHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.67%

4.28%

+2.39%

Volatility (6M)

Calculated over the trailing 6-month period

21.33%

18.21%

+3.12%

Volatility (1Y)

Calculated over the trailing 1-year period

26.27%

22.25%

+4.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.69%

20.01%

+0.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.02%

21.57%

+3.45%

EIDO vs. THD - Expense Ratio Comparison

Both EIDO and THD have an expense ratio of 0.59%.

Dividends

EIDO vs. THD - Dividend Comparison

EIDO's dividend yield for the trailing twelve months is around 3.28%, less than THD's 3.46% yield.

PositionTTM20252024202320222021202020192018201720162015
EIDO
iShares MSCI Indonesia ETF		3.28%3.56%5.20%2.94%2.53%1.33%1.51%1.78%1.99%1.26%1.16%1.67%
THD
iShares MSCI Thailand ETF		3.46%3.36%3.15%2.92%2.41%3.16%2.31%2.42%2.57%2.16%2.61%3.58%

Frequently Asked Questions

EIDO and THD have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EIDO has higher volatility (6.67%) compared to THD (4.28%). In terms of maximum drawdown, EIDO dropped -63.21% vs THD's -64.22%.

On 10-year performance, THD leads with 2.88% vs -5.01% for EIDO. Both ETFs have the same 0.59% expense ratio. On volatility, THD has been the lower-risk option at 4.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, THD has performed better with a 2.88% return vs -5.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EIDO and THD have the same expense ratio: 0.59% per year.

THD has the higher dividend yield at 3.46%, compared with 3.28% for EIDO.

EIDO is categorized as Indonesia Equities, while THD is Asia Pacific Equities. EIDO tracks MSCI Indonesia Investable Market Index, while THD tracks MSCI Thailand Investable Market Index.

THD currently has the higher Sharpe Ratio (1.57 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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