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ILF vs. VOOG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ILF vs. VOOG

Last updated Aug 2, 2026
Documentation

ILF (iShares Latin American 40 ETF) and VOOG (Vanguard S&P 500 Growth ETF) are both exchange-traded funds - ILF is a Latin America Equities fund tracking the S&P Latin America 40 (Net), while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past 10 years, ILF returned 7.78%/yr vs 17.31%/yr for VOOG. Their 0.52 correlation means they have sometimes moved together and sometimes differently. ILF charges 0.47%/yr vs 0.07%/yr for VOOG.

Performance

ILF vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Latin American 40 ETF (ILF) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ILF achieves a 17.64% return, which is significantly higher than VOOG's 9.98% return. Over the past 10 years, ILF has underperformed VOOG with an annualized return of 7.78%, while VOOG has yielded a comparatively higher 17.31% annualized return.

ILF

1D
-0.03%
1M
4.99%
6M
1.31%
YTD
17.64%
1Y
48.11%
3Y*
14.00%
5Y*
11.24%
10Y*
7.78%
ALL TIME*
9.53%

VOOG

1D
1.41%
1M
-0.16%
6M
9.44%
YTD
9.98%
1Y
21.57%
3Y*
23.95%
5Y*
13.21%
10Y*
17.31%
ALL TIME*
16.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

ILF

iShares Latin American 40 ETF
$79.35M$71.98M$85.23M

VOOG

Vanguard S&P 500 Growth ETF
$98.60M$105.57M$127.27M

ILF vs. VOOG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ILF
iShares Latin American 40 ETF		17.64%52.65%-23.11%33.14%9.81%-13.59%-11.71%13.77%-6.85%26.33%
VOOG
Vanguard S&P 500 Growth ETF		9.98%22.11%35.89%29.96%-29.48%31.95%33.35%30.93%-0.21%27.19%

Correlation

The correlation between ILF and VOOG is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.53

Correlation (3Y)
Balances recent behavior with more history.

0.46

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.43

Correlation (10Y)
Provides a long-term view across more market conditions.

0.46

Correlation (All Time)
Calculated using the full available price history since Sep 9, 2010

0.52

The correlation between ILF and VOOG shifts across timeframes, from 0.43 (5 years) to 0.53 (1 year), reflecting how their relationship changes across market environments.

ILF vs. VOOG - Sectors Allocation Comparison

Sectors
ILF
VOOG

Financial Services

34.5%
8.6%

Basic Materials

22.0%
0.3%

Energy

10.6%
0.1%

Consumer Defensive

9.6%
1.0%

Industrials

9.6%
6.4%

Communication Services

6.0%
15.6%

Utilities

4.7%
0.4%

Consumer Cyclical

1.3%
8.6%

Healthcare

1.1%
6.2%

Real Estate

0.8%
0.6%

Technology

-

52.4%

Financial Services

ILF
34.5%
VOOG
8.6%

Basic Materials

ILF
22.0%
VOOG
0.3%

Energy

ILF
10.6%
VOOG
0.1%

Consumer Defensive

ILF
9.6%
VOOG
1.0%

Industrials

ILF
9.6%
VOOG
6.4%

Communication Services

ILF
6.0%
VOOG
15.6%

Utilities

ILF
4.7%
VOOG
0.4%

Consumer Cyclical

ILF
1.3%
VOOG
8.6%

Healthcare

ILF
1.1%
VOOG
6.2%

Real Estate

ILF
0.8%
VOOG
0.6%

Technology

ILF

-

VOOG
52.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Latin American 40 ETF

Vanguard S&P 500 Growth ETF

Often compared with ILF:
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Often compared with VOOG:
VOOG vs. VOOVOOG vs. VUGVOOG vs. VOOVVOOG vs. VGTVOOG vs. QQQVOOG vs. FSPGXVOOG vs. VONG

Return for Risk

ILF vs. VOOG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
ILF
ILF Risk / Return Rank: 8383
Overall Rank
ILF Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
ILF Sortino Ratio Rank: 8484
Sortino Ratio Rank
ILF Omega Ratio Rank: 8484
Omega Ratio Rank
ILF Calmar Ratio Rank: 8787
Calmar Ratio Rank
ILF Martin Ratio Rank: 7272
Martin Ratio Rank
VOOG
VOOG Risk / Return Rank: 4343
Overall Rank
VOOG Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
VOOG Sortino Ratio Rank: 4343
Sortino Ratio Rank
VOOG Omega Ratio Rank: 4141
Omega Ratio Rank
VOOG Calmar Ratio Rank: 4040
Calmar Ratio Rank
VOOG Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ILF vs. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Latin American 40 ETF (ILF) and Vanguard S&P 500 Growth ETF (VOOG). 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.

ILFVOOGDifference
Sharpe ratioReturn per unit of total volatility
2.13
1.08

+1.05

Sortino ratioReturn per unit of downside risk
2.78
1.57

+1.21

Omega ratioGain probability vs. loss probability

1.36

1.19

+0.17

Calmar ratioReturn relative to maximum drawdown

3.42

1.41

+2.01

Martin ratioReturn relative to average drawdown

8.81

5.13

+3.68

ILF vs. VOOG - Sharpe Ratio Comparison

The current ILF Sharpe Ratio is 2.13, which is higher than the VOOG Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of ILF and VOOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ILF vs. VOOG - Drawdown Comparison

The maximum ILF drawdown since its inception was -67.48%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for ILF and VOOG.

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Drawdown Indicators

ILFVOOGDifference

Max Drawdown

Largest peak-to-trough decline

-67.48%

-32.73%

-34.75%

Max Drawdown (1Y)

Largest decline over 1 year

-13.94%

-13.71%

-0.23%

Max Drawdown (3Y)

Largest decline over 3 years

-23.97%

-22.18%

-1.79%

Max Drawdown (5Y)

Largest decline over 5 years

-29.71%

-32.73%

+3.02%

Max Drawdown (10Y)

Largest decline over 10 years

-57.79%

-32.73%

-25.06%

Current Drawdown

Current decline from peak

-5.98%

-4.38%

-1.60%

Average Drawdown

Average peak-to-trough decline

-23.84%

-4.96%

-18.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.40%

3.77%

+1.63%

Volatility

ILF vs. VOOG - Volatility Comparison

iShares Latin American 40 ETF (ILF) and Vanguard S&P 500 Growth ETF (VOOG) have volatilities of 6.14% and 6.11%, 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

ILFVOOGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.14%

6.11%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

18.40%

14.81%

+3.59%

Volatility (1Y)

Calculated over the trailing 1-year period

22.44%

17.97%

+4.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.10%

21.52%

+1.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.26%

20.87%

+7.39%

ILF vs. VOOG - Expense Ratio Comparison

ILF has a 0.47% expense ratio, which is higher than VOOG's 0.07% expense ratio.

Dividends

ILF vs. VOOG - Dividend Comparison

ILF's dividend yield for the trailing twelve months is around 3.34%, more than VOOG's 0.46% yield.

PositionTTM20252024202320222021202020192018201720162015
ILF
iShares Latin American 40 ETF		3.34%4.39%7.44%4.61%12.72%8.47%1.88%3.09%3.12%1.80%1.59%3.25%
VOOG
Vanguard S&P 500 Growth ETF		0.46%0.49%0.49%1.12%0.93%0.53%0.88%1.26%1.34%1.32%1.47%1.56%

Frequently Asked Questions

ILF and VOOG have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ILF has higher volatility (6.14%) compared to VOOG (6.11%). In terms of maximum drawdown, ILF dropped -67.48% vs VOOG's -32.73%.

On 10-year performance, VOOG leads with 17.31% vs 7.78% for ILF. On fees, VOOG is cheaper at 0.07% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VOOG has performed better with a 17.31% return vs 7.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VOOG is cheaper with a 0.07% expense ratio, compared with 0.47% for ILF.

ILF has the higher dividend yield at 3.34%, compared with 0.46% for VOOG.

ILF is categorized as Latin America Equities, while VOOG is S&P 500. ILF tracks S&P Latin America 40 (Net), while VOOG tracks S&P 500 Growth Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.47% for ILF and 0.07% for VOOG.

ILF currently has the higher Sharpe Ratio (2.13 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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