DLTM.L vs. DBRC.L
DLTM.L (iShares MSCI EM Latin America UCITS ETF) and DBRC.L (iShares BIC 50 UCITS ETF USD (Dist)) are both exchange-traded funds - DLTM.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while DBRC.L is a Emerging Markets Equities fund tracking the FTSE BIC 50 Net of Tax Index. Both are passively managed. Over the past 10 years, DLTM.L returned 6.78%/yr vs 2.36%/yr for DBRC.L. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.74% expense ratio.
Performance
DLTM.L vs. DBRC.L - Performance Comparison
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Returns By Period
In the year-to-date period, DLTM.L achieves a 13.76% return, which is significantly higher than DBRC.L's -9.29% return. Over the past 10 years, DLTM.L has outperformed DBRC.L with an annualized return of 6.78%, while DBRC.L has yielded a comparatively lower 2.36% annualized return.
DLTM.L
- 1D
- 0.05%
- 1M
- 0.10%
- 6M
- 7.84%
- YTD
- 13.76%
- 1Y
- 39.94%
- 3Y*
- 12.15%
- 5Y*
- 9.90%
- 10Y*
- 6.78%
DBRC.L
- 1D
- 0.63%
- 1M
- 0.54%
- 6M
- -13.46%
- YTD
- -9.29%
- 1Y
- -4.17%
- 3Y*
- 7.65%
- 5Y*
- -6.80%
- 10Y*
- 2.36%
DLTM.L vs. DBRC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 13.76% | 54.38% | -26.87% | 33.35% | 8.00% | -9.77% | -11.18% | 12.80% | -5.26% | 20.98% |
DBRC.L iShares BIC 50 UCITS ETF USD (Dist) | -9.29% | 29.65% | 13.80% | -7.59% | -28.96% | -23.93% | 20.04% | 21.82% | -8.40% | 36.18% |
Correlation
The correlation between DLTM.L and DBRC.L is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2007 | 0.65 |
The correlation between DLTM.L and DBRC.L shifts across timeframes, from 0.51 (5 years) to 0.65 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DLTM.L vs. DBRC.L — Risk / Return Rank
DLTM.L
DBRC.L
DLTM.L vs. DBRC.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 iShares BIC 50 UCITS ETF USD (Dist) (DBRC.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DLTM.L | DBRC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.08 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.98 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | -0.15 | +2.74 |
| Martin ratioReturn relative to average drawdown | 7.06 | -0.35 | +7.41 |
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Drawdowns
DLTM.L vs. DBRC.L - Drawdown Comparison
The maximum DLTM.L drawdown since its inception was -66.54%, smaller than the maximum DBRC.L drawdown of -70.16%. Use the drawdown chart below to compare losses from any high point for DLTM.L and DBRC.L.
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Drawdown Indicators
| DLTM.L | DBRC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.54% | -70.16% | +3.62% |
Max Drawdown (1Y)Largest decline over 1 year | -15.38% | -26.03% | +10.65% |
Max Drawdown (3Y)Largest decline over 3 years | -27.82% | -26.03% | -1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -29.01% | -57.70% | +28.69% |
Max Drawdown (10Y)Largest decline over 10 years | -54.86% | -66.02% | +11.16% |
Current DrawdownCurrent decline from peak | -9.26% | -43.51% | +34.25% |
Average DrawdownAverage peak-to-trough decline | -28.97% | -31.51% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.64% | 11.38% | -5.74% |
Volatility
DLTM.L vs. DBRC.L - Volatility Comparison
iShares MSCI EM Latin America UCITS ETF (DLTM.L) and iShares BIC 50 UCITS ETF USD (Dist) (DBRC.L) have volatilities of 5.93% and 6.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLTM.L | DBRC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.93% | 6.02% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.42% | 15.14% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.04% | 20.20% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.87% | 30.52% | -7.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 26.51% | -0.13% |
DLTM.L vs. DBRC.L - Expense Ratio Comparison
Both DLTM.L and DBRC.L have an expense ratio of 0.74%.
Dividends
DLTM.L vs. DBRC.L - Dividend Comparison
DLTM.L's dividend yield for the trailing twelve months is around 3.40%, more than DBRC.L's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBRC.L iShares BIC 50 UCITS ETF USD (Dist) | 1.60% | 1.74% | 2.81% | 2.60% | 3.58% | 1.58% | 1.43% | 2.02% | 2.96% | 1.94% | 1.89% | 2.68% |
DLTM.L iShares MSCI EM Latin America UCITS ETF | 3.40% | 3.54% | 5.77% | 4.23% | 6.82% | 3.20% | 1.66% | 2.31% | 2.17% | 1.47% | 1.44% | 2.98% |
Frequently Asked Questions
DLTM.L and DBRC.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.74% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DLTM.L and DBRC.L have the same expense ratio: 0.74% per year.
DLTM.L is categorized as Latin America Equities, while DBRC.L is Emerging Markets Equities. DLTM.L tracks MSCI EM Latin America NR USD, while DBRC.L tracks FTSE BIC 50 Net of Tax Index.
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