ILF vs. PRLAX
Compare and contrast key facts about iShares Latin American 40 ETF (ILF) and T. Rowe Price Latin America Fund (PRLAX).
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. PRLAX is managed by T. Rowe Price. It was launched on Dec 28, 1993.
Performance
ILF vs. PRLAX - Performance Comparison
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ILF vs. PRLAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ILF iShares Latin American 40 ETF | 16.65% | 52.65% | -23.11% | 33.14% | 9.81% | -13.59% | -11.71% | 13.77% | -6.85% | 26.33% |
PRLAX T. Rowe Price Latin America Fund | 7.33% | 45.79% | -23.09% | 34.73% | 0.23% | -14.98% | -7.55% | 27.23% | -8.27% | 28.54% |
Returns By Period
In the year-to-date period, ILF achieves a 16.65% return, which is significantly higher than PRLAX's 7.33% return. Over the past 10 years, ILF has outperformed PRLAX with an annualized return of 8.47%, while PRLAX has yielded a comparatively lower 7.56% annualized return.
ILF
- 1D
- 4.41%
- 1M
- -2.63%
- YTD
- 16.65%
- 6M
- 25.92%
- 1Y
- 58.11%
- 3Y*
- 20.46%
- 5Y*
- 13.16%
- 10Y*
- 8.47%
PRLAX
- 1D
- 0.34%
- 1M
- -8.09%
- YTD
- 7.33%
- 6M
- 13.48%
- 1Y
- 41.25%
- 3Y*
- 15.48%
- 5Y*
- 8.17%
- 10Y*
- 7.56%
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ILF vs. PRLAX - Expense Ratio Comparison
ILF has a 0.48% expense ratio, which is lower than PRLAX's 1.46% expense ratio.
Return for Risk
ILF vs. PRLAX — Risk / Return Rank
ILF
PRLAX
ILF vs. PRLAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Latin American 40 ETF (ILF) and T. Rowe Price Latin America Fund (PRLAX). 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.
| ILF | PRLAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.48 | 1.77 | +0.71 |
Sortino ratioReturn per unit of downside risk | 3.06 | 2.30 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.32 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 4.47 | 2.80 | +1.67 |
Martin ratioReturn relative to average drawdown | 15.54 | 9.99 | +5.55 |
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
| ILF | PRLAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 1.77 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.36 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.29 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.23 | +0.08 |
Correlation
The correlation between ILF and PRLAX is 0.93, 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
ILF vs. PRLAX - Dividend Comparison
ILF's dividend yield for the trailing twelve months is around 3.76%, less than PRLAX's 6.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILF iShares Latin American 40 ETF | 3.76% | 4.39% | 7.44% | 4.61% | 12.72% | 8.47% | 1.88% | 3.09% | 3.12% | 1.80% | 1.59% | 3.25% |
PRLAX T. Rowe Price Latin America Fund | 6.61% | 7.09% | 7.84% | 2.44% | 3.10% | 9.92% | 1.09% | 10.55% | 2.41% | 1.30% | 1.45% | 6.65% |
Drawdowns
ILF vs. PRLAX - Drawdown Comparison
The maximum ILF drawdown since its inception was -67.48%, roughly equal to the maximum PRLAX drawdown of -70.03%. Use the drawdown chart below to compare losses from any high point for ILF and PRLAX.
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Drawdown Indicators
| ILF | PRLAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.48% | -70.03% | +2.55% |
Max Drawdown (1Y)Largest decline over 1 year | -12.67% | -13.65% | +0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -29.71% | -30.74% | +1.03% |
Max Drawdown (10Y)Largest decline over 10 years | -57.79% | -49.80% | -7.99% |
Current DrawdownCurrent decline from peak | -4.82% | -10.28% | +5.46% |
Average DrawdownAverage peak-to-trough decline | -24.07% | -23.92% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 3.82% | -0.17% |
Volatility
ILF vs. PRLAX - Volatility Comparison
iShares Latin American 40 ETF (ILF) has a higher volatility of 11.60% compared to T. Rowe Price Latin America Fund (PRLAX) at 10.82%. This indicates that ILF's price experiences larger fluctuations and is considered to be riskier than PRLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ILF | PRLAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.60% | 10.82% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 17.90% | 17.30% | +0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.59% | 22.68% | +0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.24% | 22.81% | +0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.59% | 25.72% | +2.87% |