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Launched · SEC filings

iShares Latin America 40 ETF

ILFNYSE ArcaiSharesB

$32.25+0.12 (+0.37%)

At close: Nov 2, 2026, 4:00 PM ET

B55/ 100

Rank 15 of 22 in Emerging Markets Stocks

B55/100Rank 15 of 22inEmerging Markets Stocks
Intraday session: up, 79 prints from 32.13 to 32.25. Range 32.24 to 32.74. Use the arrow keys to read each point.32.4032.5032.6032.7010 AM12 PM2 PM4 PM
Expense ratio
0.47%
Fund size
$3.36B
1Y total return
+13.3%
Yield · Last 12 months
3.67%
Holdings
51
Avg volume · 30D
2.57M sh
52W range
low $29.08high $38.50
Launched
Filings
SEC EDGAR

The ETF.net ILF Grade

B

Score 55 out of 100

Category
Emerging Markets Stocks⁠
Rank
15 of 22
Six-pillar profile for ILF. Scores out of 100: Cost 52, Risk 27, Mission 56, Tradability 100, Holdings 27, Durability 91. Strongest: Tradability (100). Weakest: Holdings (27). Leans toward Tradability.

Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C52 out of 100
    Rank 11 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B56 out of 100
    Rank 15 of 17

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 21 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A100 out of 100
    Rank 1 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D27 out of 100
    Rank 18 of 19

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A91 out of 100
    Rank 1 of 22

Our read on ILF

ETF.net Research

In short

BOne of the original ways to own Latin America in a single ticker. Since 2001, ILF has held about 40 of the region's largest listed companies: a concentrated regional slice, not a broad international fund.

Stated mandate

The fund seeks to track an index consisting of 40 of the largest Latin American equities.

Why people hold it

  • Launched in 2001, making it one of the longest-running single-ticker routes into Latin American equities, across multiple regional booms and busts.
  • A multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
  • Simple, rules-based mandate: an index of 40 of the largest Latin American equities. What the label says is what sits in the basket.ishares.com
  • Income from those large caps is passed through on a quarterly schedule.

Worth knowing

  • At 0.47% a year it costs more than the typical broad international fund (cohort median 0.35%) and well above index giants like VXUS at 0.05%.
  • About 40 stocks across a handful of Latin American markets. Concentration cuts both ways, and one country's politics can drive most of the ride.
  • The stocks trade in local currencies while the fund is priced in dollars, so exchange rates add a second layer of movement on top of the shares.ishares.com

ILF Holdings

Holdings pillarD27 out of 100Rank 18 of 19 in Emerging Markets Stocks
Asset class
Stocks
Holdings
51
Top-10 weight
56%
Largest holding
NU7.3%

Sectors

  • Financials35.2%
  • Materials20.7%
  • Energy14.5%
  • Consumer Staples9.6%
  • Industrials6.6%
  • Communication5.5%
  • Utilities3.9%
  • Consumer Discretionary2.2%
  • Health Care1.0%
  • Real Estate0.8%

Geography

  • Brazil53.51%
  • Mexico27.78%
  • Chile7.46%
  • Peru6.99%
  • Colombia3.04%
  • Sweden1.22%

Developed 1% · Emerging 99% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NUNu Holdings Class A7.35%21,284,027$247M162
2PBR.APetroleo Brasileiro Adr Reptg Pre7.12%12,328,769$239M27
3PBRPetroleo Brasileiro Adr Reptg SA6.82%10,398,977$229M55
4VALEVale Adr Representing One6.47%19,104,622$218M49
5ITUBItau Unibanco Holding Adr Rep Pre6.41%30,232,477$216M51
6GMEXICOB.MXGrupo Mexico B6.21%17,494,369$209M105
7GFNORTEO.MXGpo Finance Banorte4.53%13,696,252$152M111
8BAPCredicorp Ltd3.94%379,828$133M86
9AMXB.MXAmerica Movil B3.66%100,470,514$123M81
10FEMSAUBD.MXFomento Economico Mexicano3.50%9,359,759$118M71
11SCCOSouthern Copper Corp2.74%519,128$92.2M213
12CEMEXCPO.MXCemex Cpo2.71%84,605,692$91M68
13BBDBanco Bradesco Adr Reptg Pref2.37%31,288,114$79.8M31
14ITSA4.SAItausa Investimentos Itau Pref SA2.24%32,866,405$75.4M82
15WEGE3.SAWeg2.24%8,445,420$75.3M99

Showing 1–15 of 51 holdings

ILF Performance

Launched Oct 25, 2001

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ILF$11,332
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ILF $11,332. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ILF. Periods over one year show the average yearly return.
PeriodILF
Year to date+6.9%
1 month−6.9%
3 months−9.2%
1 year+13.3%
3 yearsper year+14.8%
5 yearsper year+13.0%
10 yearsper year+5.4%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ILF
YearReturn barILF
2026 YTD+6.9%
2025+52.7%
2024−23.1%
2023+33.2%
2022+10.0%
2021−13.5%
2020−11.7%

ILF in the news

ILF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.67%Last 12 months
Payout per share
$1.18Last 12 months
Last payment
$0.44 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 21 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.31; Dec 21, 2017 $0.28; Dec 28, 2017 $0.03; Jun 19, 2018 $0.51; Dec 18, 2018 $0.45; Jun 17, 2019 $0.48; Dec 16, 2019 $0.57; Jun 15, 2020 $0.27; Dec 14, 2020 $0.28; Jun 10, 2021 $0.38; Dec 13, 2021 $1.61; Jun 9, 2022 $1.10; Dec 13, 2022 $1.81; Jun 7, 2023 $0.48; Dec 20, 2023 $0.86; Jun 11, 2024 $0.66; Dec 17, 2024 $0.89; Jun 16, 2025 $0.60; Dec 16, 2025 $0.54; Dec 30, 2025 $0.20; Jun 15, 2026 $0.44. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.44
Dec 30, 2025Jan 5, 2026$0.20
Dec 16, 2025Dec 19, 2025$0.54
Jun 16, 2025Jun 20, 2025$0.60
Dec 17, 2024Dec 20, 2024$0.89
Jun 11, 2024Jun 17, 2024$0.66
Dec 20, 2023Dec 27, 2023$0.86
Jun 7, 2023Jun 13, 2023$0.48
Dec 13, 2022Dec 19, 2022$1.81
Jun 9, 2022Jun 15, 2022$1.10
Dec 13, 2021Dec 17, 2021$1.61
Jun 10, 2021Jun 16, 2021$0.38

See all 50 payments⁠

$10,000 in ILF 10 years ago paid $4,407 in dividends.⁠

ILF Risk

Risk pillarD27 out of 100Rank 21 of 22 in Emerging Markets Stocks
How much the fund’s monthly returns vary, scaled to a year.
19.5%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.58
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.6%
Trough Jul 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.93
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ILF Cost

Compare ILF and VEXC

Overpaying vs VEXC, cheapest in Emerging Markets Stocks

$7,938

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ILF 0.47%

    $9,418

  • VEXC 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • ILF 0.47%
  • VEXC 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530ILF $9,418VEXC $1,480

Year by year

YearILFVEXCOverpaying
10$847$128$719
20$3,261$503$2,758
30$9,418$1,480$7,938

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