CTY.L vs. LTAM.L
CTY.L (The City of London Investment Trust plc) is a stock, while LTAM.L (iShares MSCI EM Latin America UCITS ETF USD (Dist)) is Latin America Equities fund tracking the MSCI EM Latin America NR USD. Over the past 10 years, CTY.L returned 8.72%/yr vs 8.30%/yr for LTAM.L. At a 0.48 correlation, their price movements are largely independent.
Performance
CTY.L vs. LTAM.L - Performance Comparison
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Returns By Period
In the year-to-date period, CTY.L achieves a 7.42% return, which is significantly lower than LTAM.L's 10.51% return. Both investments have delivered pretty close results over the past 10 years, with CTY.L having a 8.72% annualized return and LTAM.L not far behind at 8.30%.
CTY.L
- 1D
- -0.18%
- 1M
- 0.54%
- YTD
- 7.42%
- 6M
- 8.65%
- 1Y
- 20.09%
- 3Y*
- 16.14%
- 5Y*
- 12.29%
- 10Y*
- 8.72%
LTAM.L
- 1D
- -0.69%
- 1M
- -6.84%
- YTD
- 10.51%
- 6M
- 9.60%
- 1Y
- 37.15%
- 3Y*
- 10.60%
- 5Y*
- 9.73%
- 10Y*
- 8.30%
CTY.L vs. LTAM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CTY.L The City of London Investment Trust plc | 7.42% | 28.16% | 10.63% | 4.83% | 9.40% | 11.77% | -11.79% | 20.53% | -8.47% | 12.55% |
LTAM.L iShares MSCI EM Latin America UCITS ETF USD (Dist) | 10.51% | 43.14% | -25.65% | 26.15% | 20.89% | -8.55% | -14.15% | 9.44% | -0.18% | 11.17% |
Correlation
The correlation between CTY.L and LTAM.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2007 | 0.48 |
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Return for Risk
CTY.L vs. LTAM.L — Risk / Return Rank
CTY.L
LTAM.L
CTY.L vs. LTAM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The City of London Investment Trust plc (CTY.L) and iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.L). 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.
| CTY.L | LTAM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.36 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 3.26 | -1.21 |
| Martin ratioReturn relative to average drawdown | 6.98 | 10.09 | -3.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CTY.L | LTAM.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 2.11 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.48 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.33 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.13 | +0.36 |
Drawdowns
CTY.L vs. LTAM.L - Drawdown Comparison
The maximum CTY.L drawdown since its inception was -67.65%, which is greater than LTAM.L's maximum drawdown of -58.47%. Use the drawdown chart below to compare losses from any high point for CTY.L and LTAM.L.
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Drawdown Indicators
| CTY.L | LTAM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.65% | -58.47% | -9.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.76% | -11.46% | +1.70% |
Max Drawdown (3Y)Largest decline over 3 years | -10.05% | -26.09% | +16.04% |
Max Drawdown (5Y)Largest decline over 5 years | -11.40% | -26.09% | +14.69% |
Max Drawdown (10Y)Largest decline over 10 years | -37.12% | -48.10% | +10.98% |
Current DrawdownCurrent decline from peak | -3.84% | -11.46% | +7.62% |
Average DrawdownAverage peak-to-trough decline | -9.42% | -20.19% | +10.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.71% | -0.84% |
Volatility
CTY.L vs. LTAM.L - Volatility Comparison
The current volatility for The City of London Investment Trust plc (CTY.L) is 3.21%, while iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.L) has a volatility of 5.20%. This indicates that CTY.L experiences smaller price fluctuations and is considered to be less risky than LTAM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTY.L | LTAM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 5.20% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 14.96% | -4.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.87% | 17.70% | -4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.59% | 20.43% | -6.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 24.90% | -9.19% |
Dividends
CTY.L vs. LTAM.L - Dividend Comparison
CTY.L's dividend yield for the trailing twelve months is around 3.93%, more than LTAM.L's 3.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTY.L The City of London Investment Trust plc | 3.93% | 4.06% | 4.83% | 4.92% | 4.82% | 4.86% | 5.13% | 4.24% | 4.66% | 3.86% | 3.95% | 3.99% |
LTAM.L iShares MSCI EM Latin America UCITS ETF USD (Dist) | 3.54% | 3.61% | 5.69% | 4.33% | 6.86% | 3.17% | 1.82% | 2.38% | 2.11% | 1.52% | 1.32% | 2.89% |
Frequently Asked Questions
CTY.L and LTAM.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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