DLTM.L vs. ILF

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI EM Latin America UCITS ETF (DLTM.L) and iShares Latin American 40 ETF (ILF).

DLTM.L and ILF 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. 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. Both DLTM.L and ILF 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. ILF - 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 iShares Latin American 40 ETF (ILF). The values are adjusted to include any dividend payments, if applicable.

DLTM.L vs. ILF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DLTM.L iShares MSCI EM Latin America UCITS ETF	13.31%	54.43%	-26.89%	33.42%	7.99%	-9.75%	-11.20%	12.80%	-5.26%	21.02%
ILF iShares Latin American 40 ETF	17.18%	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, DLTM.L achieves a 13.31% return, which is significantly lower than ILF's 17.18% return. Over the past 10 years, DLTM.L has underperformed ILF with an annualized return of 7.71%, while ILF has yielded a comparatively higher 8.52% annualized return.

DLTM.L

• 1D: 1.09%
• 1M: -5.70%
• YTD: 13.31%
• 6M: 22.83%
• 1Y: 55.54%
• 3Y*: 17.65%
• 5Y*: 12.58%
• 10Y*: 7.71%

ILF

• 1D: 0.45%
• 1M: -1.60%
• YTD: 17.18%
• 6M: 28.44%
• 1Y: 56.56%
• 3Y*: 20.64%
• 5Y*: 13.26%
• 10Y*: 8.52%

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

DLTM.L vs. ILF - Expense Ratio Comparison

DLTM.L has a 0.74% expense ratio, which is higher than ILF's 0.48% expense ratio.

DLTM.L

iShares MSCI EM Latin America UCITS ETF

ILF

iShares Latin American 40 ETF

Return for Risk

DLTM.L vs. ILF — 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: 95
DLTM.L Omega Ratio Rank: 94
DLTM.L Calmar Ratio Rank: 96
DLTM.L Martin Ratio Rank: 94

ILF

ILF Risk / Return Rank: 94
ILF Sharpe Ratio Rank: 95
ILF Sortino Ratio Rank: 94
ILF Omega Ratio Rank: 92
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.

DLTM.L vs. ILF - 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 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.

	DLTM.L	ILF	Difference
Sharpe ratio Return per unit of total volatility	2.54	2.42	+0.12
Sortino ratio Return per unit of downside risk	3.15	3.00	+0.16
Omega ratio Gain probability vs. loss probability	1.44	1.42	+0.01
Calmar ratio Return relative to maximum drawdown	4.32	4.64	-0.32
Martin ratio Return relative to average drawdown	14.64	16.09	-1.45
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. ILF - Sharpe Ratio Comparison

The current DLTM.L Sharpe Ratio is 2.54, which is comparable to the ILF Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of DLTM.L 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

	DLTM.L	ILF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	2.42	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.57	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.30	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.31	-0.25

Correlation

The correlation between DLTM.L and ILF is 0.57, 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

DLTM.L vs. ILF - Dividend Comparison

DLTM.L's dividend yield for the trailing twelve months is around 3.12%, less than ILF's 3.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLTM.L iShares MSCI EM Latin America UCITS ETF	3.12%	3.54%	5.77%	4.23%	6.82%	3.20%	1.66%	2.31%	2.17%	1.47%	1.44%	2.98%
ILF iShares Latin American 40 ETF	3.75%	4.39%	7.44%	4.61%	12.72%	8.47%	1.88%	3.09%	3.12%	1.80%	1.59%	3.25%

Drawdowns

DLTM.L vs. ILF - Drawdown Comparison

The maximum DLTM.L drawdown since its inception was -64.38%, roughly equal to the maximum ILF drawdown of -67.48%. Use the drawdown chart below to compare losses from any high point for DLTM.L and ILF.

Drawdown Indicators

	DLTM.L	ILF	Difference
Max Drawdown Largest peak-to-trough decline	-64.38%	-67.48%	+3.10%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-12.67%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-29.02%	-29.71%	+0.69%
Max Drawdown (10Y) Largest decline over 10 years	-54.87%	-57.79%	+2.92%
Current Drawdown Current decline from peak	-6.88%	-4.39%	-2.49%
Average Drawdown Average peak-to-trough decline	-30.07%	-24.07%	-6.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	3.66%	-0.04%

Volatility

DLTM.L vs. ILF - Volatility Comparison

The current volatility for iShares MSCI EM Latin America UCITS ETF (DLTM.L) is 9.81%, while iShares Latin American 40 ETF (ILF) has a volatility of 10.45%. This indicates that DLTM.L experiences smaller price fluctuations and is considered to be less risky than ILF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DLTM.L	ILF	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.81%	10.45%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	15.97%	17.90%	-1.93%
Volatility (1Y) Calculated over the trailing 1-year period	21.80%	23.56%	-1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.67%	23.23%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.64%	28.58%	-1.94%