DLTM.L vs. HERU.L
DLTM.L (iShares MSCI EM Latin America UCITS ETF) and HERU.L (Global X Video Games & Esports UCITS ETF Acc USD) are both exchange-traded funds - DLTM.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while HERU.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, DLTM.L returned 8.58%/yr vs -4.95%/yr for HERU.L. At a 0.40 correlation, their price movements are largely independent. DLTM.L charges 0.74%/yr vs 0.50%/yr for HERU.L.
Performance
DLTM.L vs. HERU.L - Performance Comparison
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Returns By Period
In the year-to-date period, DLTM.L achieves a 9.93% return, which is significantly higher than HERU.L's -14.21% return.
DLTM.L
- 1D
- -0.71%
- 1M
- -7.84%
- YTD
- 9.93%
- 6M
- 8.15%
- 1Y
- 36.25%
- 3Y*
- 13.43%
- 5Y*
- 8.58%
- 10Y*
- 7.49%
HERU.L
- 1D
- -1.65%
- 1M
- -4.54%
- YTD
- -14.21%
- 6M
- -16.08%
- 1Y
- -15.16%
- 3Y*
- 8.14%
- 5Y*
- -4.95%
- 10Y*
- —
DLTM.L vs. HERU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 9.93% | 54.43% | -26.89% | 33.42% | 7.99% | -9.75% | -0.56% |
HERU.L Global X Video Games & Esports UCITS ETF Acc USD | -14.21% | 24.71% | 18.11% | 6.15% | -35.25% | -9.81% | 1.78% |
Correlation
The correlation between DLTM.L and HERU.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2020 | 0.40 |
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Return for Risk
DLTM.L vs. HERU.L — Risk / Return Rank
DLTM.L
HERU.L
DLTM.L vs. HERU.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 Global X Video Games & Esports UCITS ETF Acc USD (HERU.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 | HERU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +3.51 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.88 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | -0.58 | +3.51 |
| Martin ratioReturn relative to average drawdown | 8.45 | -1.08 | +9.53 |
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 | HERU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | -0.79 | +2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | -0.24 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | -0.19 | +0.24 |
Drawdowns
DLTM.L vs. HERU.L - Drawdown Comparison
The maximum DLTM.L drawdown since its inception was -64.38%, which is greater than HERU.L's maximum drawdown of -55.72%. Use the drawdown chart below to compare losses from any high point for DLTM.L and HERU.L.
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Drawdown Indicators
| DLTM.L | HERU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.38% | -55.72% | -8.66% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -26.06% | +13.75% |
Max Drawdown (3Y)Largest decline over 3 years | -27.83% | -26.06% | -1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | -48.79% | +19.77% |
Max Drawdown (10Y)Largest decline over 10 years | -54.87% | — | — |
Current DrawdownCurrent decline from peak | -12.31% | -34.58% | +22.27% |
Average DrawdownAverage peak-to-trough decline | -29.86% | -33.97% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 13.96% | -9.68% |
Volatility
DLTM.L vs. HERU.L - Volatility Comparison
iShares MSCI EM Latin America UCITS ETF (DLTM.L) has a higher volatility of 6.11% compared to Global X Video Games & Esports UCITS ETF Acc USD (HERU.L) at 5.76%. This indicates that DLTM.L's price experiences larger fluctuations and is considered to be riskier than HERU.L 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 | HERU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 5.76% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 15.54% | +1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.22% | 19.26% | +0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 23.53% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.57% | 23.67% | +2.90% |
DLTM.L vs. HERU.L - Expense Ratio Comparison
DLTM.L has a 0.74% expense ratio, which is higher than HERU.L's 0.50% expense ratio.
Dividends
DLTM.L vs. HERU.L - Dividend Comparison
DLTM.L's dividend yield for the trailing twelve months is around 3.50%, while HERU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 3.50% | 3.54% | 5.77% | 4.23% | 6.82% | 3.20% | 1.66% | 2.31% | 2.17% | 1.47% | 1.44% | 2.98% |
HERU.L Global X Video Games & Esports UCITS ETF Acc 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% |
Frequently Asked Questions
DLTM.L and HERU.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HERU.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HERU.L is cheaper with a 0.50% expense ratio, compared with 0.74% for DLTM.L.
DLTM.L is categorized as Latin America Equities, while HERU.L is Technology Equities. DLTM.L tracks MSCI EM Latin America NR USD, while HERU.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: iShares and Global X. Their fees differ too: 0.74% for DLTM.L and 0.50% for HERU.L.
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