Skip to content
etf.net

ILF

GradeBNew York Stock Exchange Arca

iShares Latin America 40 ETF

Broad Stock Market · IShares · Inception 2001-10-24 · SEC filings

$35.24−0.56 (−1.58%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 35.81 to 35.24. Range 35.09 to 35.66. Use the arrow keys to read each point.$35.40$35.6010 AM12 PM2 PM4 PM
Expense ratio
0.47%
Fund size
$3.9B
1Y return
+30.1%
Yield · Last 12 months
3.30%
Holdings
41
Volume · 30D
2.5M sh
NAV per share
$35.43
52W range
low $27.16high $38.50

The ETF.net ILF Grade

B

63/ 100

Rank 10 of 22 in Emerging Markets Stocks⁠

Confidence High

Six-pillar profile for ILF. Scores out of 100: Cost 64, Risk 36, Mission 65, Tradability 98, Holdings 30, Durability 91. Strongest: Tradability (98). Weakest: Holdings (30). Leans toward Tradability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 64
    Category rank9/22 · top 41%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 65
    Category rank14/17 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank19/22 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 98
    Category rank1/22 · top 5%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank15/19 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 91
    Category rank1/22 · top 5%

Graded as of Sep 22, 2026

Our read on ILF

ETF.net Research

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

  1. 01Launched in 2001, making it one of the longest-running single-ticker routes into Latin American equities, across multiple regional booms and busts.
  2. 02A multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
  3. 03Simple, 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
  4. 04Income from those large caps is passed through on a quarterly schedule.

Worth knowing

  1. 01At 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%.
  2. 02About 40 stocks across a handful of Latin American markets. Concentration cuts both ways, and one country's politics can drive most of the ride.
  3. 03The 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

As of Sep 22, 2026, 3:28 AM
Asset class
Stocks
Holdings
41
Top-10 weight
55%
Largest holding
NU8.0%

Sectors

  • Financials34.4%
  • Materials23.0%
  • Energy12.3%
  • Industrials8.9%
  • Cons. Staples8.8%
  • Communication5.4%
  • Utilities4.2%
  • Consumer Discr.1.3%
  • Health Care1.1%
  • Real Estate0.7%

Geography

  • Brazil56.63%
  • Mexico24.80%
  • Chile7.67%
  • Peru4.01%
  • Colombia2.92%
  • United States2.55%
  • Luxembourg1.42%

Developed 1% · Emerging 99% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NUNU HOLDINGS CLASS A7.95%22,607,895$309M151
002VALEVALE ADR REPRESENTING ONE7.43%20,292,926$288M50
003ITUBITAU UNIBANCO HOLDING ADR REP PRE6.78%32,112,953$263M47
004PBR-APETROLEO BRASILEIRO ADR REPTG PRE6.35%13,095,613$246M25
005PBRPETROLEO BRASILEIRO ADR REPTG SA5.92%11,045,779$230M50
006GMEXICOB.MXGRUPO MEXICO B5.85%18,582,521$227M99
007GFNORTEO.MXGPO FINANCE BANORTE4.15%14,548,168$161M112
0080U8N.LCREDICORP LTD3.97%403,436$154M52
009AMXB.MXAMERICA MOVIL B3.09%106,718,314$120M82
010FEMSAUBD.MXFOMENTO ECONOMICO MEXICANO3.03%9,941,925$118M69
011BBDBANCO BRADESCO ADR REPTG PREF2.93%33,191,083$114M34
012SCCOSOUTHERN COPPER CORP2.78%551,394$108M214
013B3SA3.SAB3 BRASIL BOLSA BALCAO SA2.63%29,960,111$102M94
014ITSA4.SAITAUSA INVESTIMENTOS ITAU PREF SA2.45%34,964,533$95M79
015CEMEXCPO.MXCEMEX CPO2.34%89,868,222$91M66

Showing 1–15 of 48 holdings

ILF Performance

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

ILF$13,005
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ILF $13,005. SPY $11,723. Use the arrow keys to read each point.$9,201$11,597$13,993Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+19.1%
1 month+3.3%
3 months+5.4%
1 year+30.1%
3 years+17.5%per year
5 years+13.4%per year
10 years+7.5%per year

As of the close, 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+19.1%
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 Sep 22, 2026.
3.30%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

ILF Risk

How much the fund’s monthly returns vary, scaled to a year.
19.1%
Annualised · 36 months to Aug 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.
0.63
vs 3-month T-bills · to Aug 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.

ILF Cost

Expense ratio0.47%
  • The middle half of Emerging Markets Stocks funds
  • Median 0.56%

7 of the 21 Emerging Markets Stocks funds charge less.

ILF costs $47.00 a year on $10,000. The median Emerging Markets Stocks fund costs $56.00.