DLTM.L vs. ^GSPC
DLTM.L (iShares MSCI EM Latin America UCITS ETF) is Latin America Equities fund tracking the MSCI EM Latin America NR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, DLTM.L returned 7.76%/yr vs 13.66%/yr for ^GSPC. At a 0.33 correlation, their price movements are largely independent.
Performance
DLTM.L vs. ^GSPC - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with DLTM.L having a 10.72% return and ^GSPC slightly lower at 10.35%. Over the past 10 years, DLTM.L has underperformed ^GSPC with an annualized return of 7.76%, while ^GSPC has yielded a comparatively higher 13.66% annualized return.
DLTM.L
- 1D
- -2.40%
- 1M
- -6.50%
- YTD
- 10.72%
- 6M
- 9.79%
- 1Y
- 38.17%
- 3Y*
- 13.97%
- 5Y*
- 8.73%
- 10Y*
- 7.76%
^GSPC
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
DLTM.L vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 10.72% | 54.43% | -26.89% | 33.42% | 7.99% | -9.75% | -11.20% | 12.80% | -5.26% | 21.02% |
^GSPC S&P 500 Index | 10.35% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between DLTM.L and ^GSPC is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2007 | 0.33 |
The correlation between DLTM.L and ^GSPC shifts across timeframes, from 0.31 (5 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DLTM.L vs. ^GSPC — Risk / Return Rank
DLTM.L
^GSPC
DLTM.L vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Latin America UCITS ETF (DLTM.L) and S&P 500 Index (^GSPC). 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.
| DLTM.L | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.41 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 2.93 | +0.31 |
| Martin ratioReturn relative to average drawdown | 9.04 | 13.52 | -4.48 |
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
| DLTM.L | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.24 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.73 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.76 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.47 | -0.42 |
Drawdowns
DLTM.L vs. ^GSPC - Drawdown Comparison
The maximum DLTM.L drawdown since its inception was -64.38%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for DLTM.L and ^GSPC.
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Drawdown Indicators
| DLTM.L | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.38% | -56.78% | -7.60% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -9.10% | -2.64% |
Max Drawdown (3Y)Largest decline over 3 years | -27.83% | -18.90% | -8.93% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | -25.43% | -3.59% |
Max Drawdown (10Y)Largest decline over 10 years | -54.87% | -33.92% | -20.95% |
Current DrawdownCurrent decline from peak | -11.68% | -0.74% | -10.94% |
Average DrawdownAverage peak-to-trough decline | -29.86% | -10.72% | -19.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 1.97% | +2.24% |
Volatility
DLTM.L vs. ^GSPC - Volatility Comparison
iShares MSCI EM Latin America UCITS ETF (DLTM.L) has a higher volatility of 6.20% compared to S&P 500 Index (^GSPC) at 2.93%. This indicates that DLTM.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLTM.L | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 2.93% | +3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 8.99% | +8.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.20% | 11.89% | +8.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.81% | 16.90% | +5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.57% | 18.06% | +8.51% |
Frequently Asked Questions
DLTM.L and ^GSPC have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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