ILF

iShares Latin America 40 ETF

#2 of 6 in Broad Regions by own-history percentile (high → low)

Near lows (22%)

Relative to SPY

Relative price history

ILF ÷ SPY, 10-year range, as of Sep 18, 2026

Position in 10-year rangeNear lows (22%)ranked vs 2,513 trading days

12m vs S&P 500+12.0%Change in relative price over ~12 months

Category rank#2of 6 in Broad Regions

~1 week change+13.7 ptsvs Aug 31, 2026 reading (8.3%)

~1 month change+11.0 ptsvs Jul 31, 2026 reading (11%)

Trailing PE11.4xas of Sep 18, 2026

Current ratio0.0460

AUM$3.7BFund assets under management

Avg volume2.5MApprox. 3-month daily shares

How the reading moved

These changes re-score an older ILF÷SPY ratio against today's 10-year window, so they show whether the relative price has drifted toward the highs or lows of its own history — not a peer ranking and not a return forecast.

About one week: +13.7 pts (from 8.3% on Aug 31, 2026 to 22% now)
About one month: +11.0 pts (from 11% on Jul 31, 2026 to 22% now)

Broad Regions

Where this sits among peers

Broad Regions · ILF highlighted · same axes as the category chart on the home page

Top holdings

SymbolNameWeight

NUNu Holdings Ltd Ordinary Shares Class A8.6%

VALEVale SA ADR8.2%

GMEXICOB.MXGrupo Mexico SAB de CV Class B6.6%

ITUBItau Unibanco Holding SA ADR6.4%

PBRPetroleo Brasileiro SA Petrobras ADR5.6%

GFNORTEO.MXGrupo Financiero Banorte SAB de CV Class O4.2%

BAPCredicorp Ltd3.9%

AMXB.MXAmerica Movil SAB de CV Ordinary Shares - Class B3.2%

FEMSAUBD.MXFomento Economico Mexicano SAB de CV Units Cons. Of 1 Shs-B- And 4 Shs-D-3.1%

Holdings snapshot as of Jul 17, 2026.

What moves this

ILF is concentrated in Brazil and Mexico, two commodity- and export-linked economies whose equity valuations move with global commodity cycles and — because the fund is dollar-denominated — with swings in the Brazilian real and Mexican peso against the US dollar.

FAQ

Is this fund mostly Brazil, or evenly spread across Latin America?

Brazil and Mexico together typically make up most of the fund's weight, so country-specific developments in either can move the basket meaningfully.

How much does currency matter for this ETF?

A significant amount — because returns are measured in US dollars, local-currency moves in the real or peso affect the relative price independent of how local stock markets perform in local-currency terms.

Is this basket commodity-driven the way Canada or Australia are?

Similarly so — Brazil's export base leans on commodities like iron ore and agriculture, giving this basket some of the same commodity-cycle sensitivity as those markets.