CX vs. ILF

Last updated Apr 1, 2026

Compare and contrast key facts about CEMEX, S.A.B. de C.V. (CX) and iShares Latin American 40 ETF (ILF).

ILF is a passively managed fund by iShares that tracks the performance of the S&P Latin America 40 Index. It was launched on Oct 25, 2001.

Performance

CX vs. ILF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CEMEX, S.A.B. de C.V. (CX) and iShares Latin American 40 ETF (ILF). The values are adjusted to include any dividend payments, if applicable.

CX vs. ILF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CX CEMEX, S.A.B. de C.V.	-0.23%	105.97%	-26.48%	91.36%	-40.27%	31.14%	36.77%	-19.55%	-35.73%	-2.86%
ILF iShares Latin American 40 ETF	16.65%	52.65%	-23.11%	33.14%	9.81%	-13.59%	-11.71%	13.77%	-6.85%	26.33%

Returns By Period

In the year-to-date period, CX achieves a -0.23% return, which is significantly lower than ILF's 16.65% return. Over the past 10 years, CX has underperformed ILF with an annualized return of 5.99%, while ILF has yielded a comparatively higher 8.47% annualized return.

CX

• 1D: 6.82%
• 1M: -8.36%
• YTD: -0.23%
• 6M: 27.77%
• 1Y: 105.90%
• 3Y*: 28.41%
• 5Y*: 11.32%
• 10Y*: 5.99%

ILF

• 1D: 4.41%
• 1M: -2.63%
• YTD: 16.65%
• 6M: 25.92%
• 1Y: 58.11%
• 3Y*: 20.46%
• 5Y*: 13.16%
• 10Y*: 8.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CX vs. ILF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CX

CX Risk / Return Rank: 95
CX Sharpe Ratio Rank: 97
CX Sortino Ratio Rank: 95
CX Omega Ratio Rank: 94
CX Calmar Ratio Rank: 92
CX Martin Ratio Rank: 96

ILF

ILF Risk / Return Rank: 95
ILF Sharpe Ratio Rank: 96
ILF Sortino Ratio Rank: 95
ILF Omega Ratio Rank: 94
ILF Calmar Ratio Rank: 96
ILF Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CX vs. ILF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CEMEX, S.A.B. de C.V. (CX) and iShares Latin American 40 ETF (ILF). 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.

	CX	ILF	Difference
Sharpe ratio Return per unit of total volatility	3.02	2.48	+0.54
Sortino ratio Return per unit of downside risk	3.55	3.06	+0.48
Omega ratio Gain probability vs. loss probability	1.46	1.43	+0.03
Calmar ratio Return relative to maximum drawdown	4.34	4.47	-0.13
Martin ratio Return relative to average drawdown	16.76	15.54	+1.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CX vs. ILF - Sharpe Ratio Comparison

The current CX Sharpe Ratio is 3.02, which is comparable to the ILF Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of CX and ILF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CX	ILF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	2.48	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.57	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	0.30	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.31	-0.18

Correlation

The correlation between CX and ILF is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CX vs. ILF - Dividend Comparison

CX's dividend yield for the trailing twelve months is around 0.78%, less than ILF's 3.76% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CX CEMEX, S.A.B. de C.V.	0.78%	0.76%	1.10%	0.00%	0.00%	0.00%	0.00%	2.64%	0.00%	0.00%	0.00%	0.00%
ILF iShares Latin American 40 ETF	3.76%	4.39%	7.44%	4.61%	12.72%	8.47%	1.88%	3.09%	3.12%	1.80%	1.59%	3.25%

Drawdowns

CX vs. ILF - Drawdown Comparison

The maximum CX drawdown since its inception was -92.37%, which is greater than ILF's maximum drawdown of -67.48%. Use the drawdown chart below to compare losses from any high point for CX and ILF.

Drawdown Indicators

	CX	ILF	Difference
Max Drawdown Largest peak-to-trough decline	-92.37%	-67.48%	-24.89%
Max Drawdown (1Y) Largest decline over 1 year	-23.99%	-12.67%	-11.32%
Max Drawdown (5Y) Largest decline over 5 years	-64.00%	-29.71%	-34.29%
Max Drawdown (10Y) Largest decline over 10 years	-83.70%	-57.79%	-25.91%
Current Drawdown Current decline from peak	-45.17%	-4.82%	-40.35%
Average Drawdown Average peak-to-trough decline	-51.25%	-24.07%	-27.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.21%	3.65%	+2.56%

Volatility

CX vs. ILF - Volatility Comparison

CEMEX, S.A.B. de C.V. (CX) has a higher volatility of 16.60% compared to iShares Latin American 40 ETF (ILF) at 11.60%. This indicates that CX's price experiences larger fluctuations and is considered to be riskier than ILF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CX	ILF	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.60%	11.60%	+5.00%
Volatility (6M) Calculated over the trailing 6-month period	27.44%	17.90%	+9.54%
Volatility (1Y) Calculated over the trailing 1-year period	35.25%	23.59%	+11.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.10%	23.24%	+16.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.38%	28.59%	+14.79%