DLTM.L vs. ALAG.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI EM Latin America UCITS ETF (DLTM.L) and Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L).

DLTM.L and ALAG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DLTM.L is a passively managed fund by iShares that tracks the performance of the MSCI EM Latin America NR USD. It was launched on Oct 15, 2007. ALAG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EM Latin America NR USD. It was launched on Mar 22, 2018. Both DLTM.L and ALAG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DLTM.L vs. ALAG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EM Latin America UCITS ETF (DLTM.L) and Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L). The values are adjusted to include any dividend payments, if applicable.

DLTM.L vs. ALAG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DLTM.L iShares MSCI EM Latin America UCITS ETF	16.99%	54.43%	-26.89%	33.42%	7.99%	-9.75%	-11.20%	12.80%	-5.26%	21.02%
ALAG.L Amundi MSCI Em Latin America UCITS ETF-C USD	16.78%	55.20%	-26.56%	31.70%	8.72%	-9.08%	-14.01%	17.51%	-7.46%	22.99%

Different Trading Currencies

DLTM.L is traded in USD, while ALAG.L is traded in GBp. To make them comparable, the ALAG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with DLTM.L having a 16.99% return and ALAG.L slightly lower at 16.78%. Both investments have delivered pretty close results over the past 10 years, with DLTM.L having a 8.06% annualized return and ALAG.L not far ahead at 8.21%.

DLTM.L

• 1D: 3.25%
• 1M: -0.60%
• YTD: 16.99%
• 6M: 27.85%
• 1Y: 58.01%
• 3Y*: 18.91%
• 5Y*: 13.31%
• 10Y*: 8.06%

ALAG.L

• 1D: 3.10%
• 1M: -1.45%
• YTD: 16.78%
• 6M: 28.10%
• 1Y: 58.12%
• 3Y*: 19.03%
• 5Y*: 13.21%
• 10Y*: 8.21%

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

DLTM.L vs. ALAG.L - Expense Ratio Comparison

DLTM.L has a 0.74% expense ratio, which is higher than ALAG.L's 0.10% expense ratio.

DLTM.L

iShares MSCI EM Latin America UCITS ETF

ALAG.L

Amundi MSCI Em Latin America UCITS ETF-C USD

Return for Risk

DLTM.L vs. ALAG.L — Risk / Return Rank

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

DLTM.L

DLTM.L Risk / Return Rank: 95
DLTM.L Sharpe Ratio Rank: 96
DLTM.L Sortino Ratio Rank: 96
DLTM.L Omega Ratio Rank: 94
DLTM.L Calmar Ratio Rank: 96
DLTM.L Martin Ratio Rank: 95

ALAG.L

ALAG.L Risk / Return Rank: 96
ALAG.L Sharpe Ratio Rank: 97
ALAG.L Sortino Ratio Rank: 96
ALAG.L Omega Ratio Rank: 95
ALAG.L Calmar Ratio Rank: 97
ALAG.L Martin Ratio Rank: 96

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.

DLTM.L vs. ALAG.L - 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 Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.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.

	DLTM.L	ALAG.L	Difference
Sharpe ratio Return per unit of total volatility	2.63	2.66	-0.03
Sortino ratio Return per unit of downside risk	3.26	3.20	+0.07
Omega ratio Gain probability vs. loss probability	1.45	1.47	-0.02
Calmar ratio Return relative to maximum drawdown	4.73	4.93	-0.19
Martin ratio Return relative to average drawdown	16.02	15.95	+0.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DLTM.L vs. ALAG.L - Sharpe Ratio Comparison

The current DLTM.L Sharpe Ratio is 2.63, which is comparable to the ALAG.L Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of DLTM.L and ALAG.L, 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

	DLTM.L	ALAG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	2.66	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.59	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.31	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.39	-0.32

Correlation

The correlation between DLTM.L and ALAG.L is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DLTM.L vs. ALAG.L - Dividend Comparison

DLTM.L's dividend yield for the trailing twelve months is around 3.03%, while ALAG.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLTM.L iShares MSCI EM Latin America UCITS ETF	3.03%	3.54%	5.77%	4.23%	6.82%	3.20%	1.66%	2.31%	2.17%	1.47%	1.44%	2.98%
ALAG.L Amundi MSCI Em Latin America UCITS ETF-C USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DLTM.L vs. ALAG.L - Drawdown Comparison

The maximum DLTM.L drawdown since its inception was -64.38%, which is greater than ALAG.L's maximum drawdown of -54.68%. Use the drawdown chart below to compare losses from any high point for DLTM.L and ALAG.L.

Drawdown Indicators

	DLTM.L	ALAG.L	Difference
Max Drawdown Largest peak-to-trough decline	-64.38%	-48.94%	-15.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-10.31%	-1.98%
Max Drawdown (5Y) Largest decline over 5 years	-29.02%	-25.74%	-3.28%
Max Drawdown (10Y) Largest decline over 10 years	-54.87%	-48.94%	-5.93%
Current Drawdown Current decline from peak	-3.85%	-2.12%	-1.73%
Average Drawdown Average peak-to-trough decline	-30.06%	-12.20%	-17.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	3.06%	+0.57%

Volatility

DLTM.L vs. ALAG.L - Volatility Comparison

The current volatility for iShares MSCI EM Latin America UCITS ETF (DLTM.L) is 9.01%, while Amundi MSCI Em Latin America UCITS ETF-C USD (ALAG.L) has a volatility of 9.86%. This indicates that DLTM.L experiences smaller price fluctuations and is considered to be less risky than ALAG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DLTM.L	ALAG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.01%	9.86%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	16.14%	16.29%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	21.99%	21.75%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.71%	22.33%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.66%	26.34%	+0.32%