LTAM.AS vs. EUEA.AS
LTAM.AS (iShares MSCI EM Latin America UCITS ETF USD (Dist)) and EUEA.AS (iShares EURO STOXX 50 UCITS ETF) are both exchange-traded funds - LTAM.AS is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while EUEA.AS is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, LTAM.AS returned 6.95%/yr vs 10.53%/yr for EUEA.AS. A 0.54 correlation means they provide meaningful diversification when combined. LTAM.AS charges 0.20%/yr vs 0.10%/yr for EUEA.AS.
Performance
LTAM.AS vs. EUEA.AS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LTAM.AS achieves a 11.12% return, which is significantly higher than EUEA.AS's 7.45% return. Over the past 10 years, LTAM.AS has underperformed EUEA.AS with an annualized return of 6.95%, while EUEA.AS has yielded a comparatively higher 10.53% annualized return.
LTAM.AS
- 1D
- -0.60%
- 1M
- -7.19%
- YTD
- 11.12%
- 6M
- 8.42%
- 1Y
- 33.48%
- 3Y*
- 9.99%
- 5Y*
- 9.23%
- 10Y*
- 6.95%
EUEA.AS
- 1D
- 0.82%
- 1M
- 4.69%
- YTD
- 7.45%
- 6M
- 8.63%
- 1Y
- 15.80%
- 3Y*
- 15.60%
- 5Y*
- 11.52%
- 10Y*
- 10.53%
LTAM.AS vs. EUEA.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LTAM.AS iShares MSCI EM Latin America UCITS ETF USD (Dist) | 11.12% | 36.08% | -22.43% | 28.47% | 14.01% | -3.03% | -18.51% | 14.74% | -1.57% | 7.45% |
EUEA.AS iShares EURO STOXX 50 UCITS ETF | 7.45% | 21.70% | 11.49% | 23.09% | -9.29% | 24.04% | -2.55% | 27.75% | -11.10% | 9.82% |
Correlation
The correlation between LTAM.AS and EUEA.AS is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2008 | 0.54 |
The correlation between LTAM.AS and EUEA.AS has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LTAM.AS vs. EUEA.AS — Risk / Return Rank
LTAM.AS
EUEA.AS
LTAM.AS vs. EUEA.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.AS) and iShares EURO STOXX 50 UCITS ETF (EUEA.AS). 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.
| LTAM.AS | EUEA.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.18 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 1.43 | +1.57 |
| Martin ratioReturn relative to average drawdown | 9.22 | 4.86 | +4.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LTAM.AS | EUEA.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 0.99 | +0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.65 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.57 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.12 | -0.05 |
Drawdowns
LTAM.AS vs. EUEA.AS - Drawdown Comparison
The maximum LTAM.AS drawdown since its inception was -60.23%, roughly equal to the maximum EUEA.AS drawdown of -62.53%. Use the drawdown chart below to compare losses from any high point for LTAM.AS and EUEA.AS.
Loading charts...
Drawdown Indicators
| LTAM.AS | EUEA.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.23% | -62.53% | +2.30% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -10.91% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -25.56% | -16.32% | -9.24% |
Max Drawdown (5Y)Largest decline over 5 years | -25.56% | -23.35% | -2.21% |
Max Drawdown (10Y)Largest decline over 10 years | -49.89% | -38.22% | -11.67% |
Current DrawdownCurrent decline from peak | -11.01% | -0.49% | -10.52% |
Average DrawdownAverage peak-to-trough decline | -26.14% | -24.30% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 3.22% | +0.38% |
Volatility
LTAM.AS vs. EUEA.AS - Volatility Comparison
iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.AS) has a higher volatility of 5.16% compared to iShares EURO STOXX 50 UCITS ETF (EUEA.AS) at 4.91%. This indicates that LTAM.AS's price experiences larger fluctuations and is considered to be riskier than EUEA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LTAM.AS | EUEA.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 4.91% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 12.92% | +2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.63% | 15.80% | +1.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.78% | 17.37% | +3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.09% | 18.11% | +6.98% |
LTAM.AS vs. EUEA.AS - Expense Ratio Comparison
LTAM.AS has a 0.20% expense ratio, which is higher than EUEA.AS's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LTAM.AS vs. EUEA.AS - Dividend Comparison
LTAM.AS's dividend yield for the trailing twelve months is around 3.02%, more than EUEA.AS's 2.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUEA.AS iShares EURO STOXX 50 UCITS ETF | 2.55% | 2.52% | 3.01% | 3.02% | 2.94% | 2.05% | 2.16% | 3.05% | 3.67% | 2.85% | 3.38% | 2.96% |
LTAM.AS iShares MSCI EM Latin America UCITS ETF USD (Dist) | 3.02% | 3.21% | 5.22% | 3.99% | 6.79% | 2.66% | 1.65% | 2.11% | 1.84% | 1.41% | 1.23% | 2.69% |
Frequently Asked Questions
LTAM.AS and EUEA.AS have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUEA.AS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUEA.AS is cheaper with a 0.10% expense ratio, compared with 0.20% for LTAM.AS.
LTAM.AS is categorized as Latin America Equities, while EUEA.AS is Europe Equities. LTAM.AS tracks MSCI EM Latin America NR USD, while EUEA.AS tracks MSCI EMU NR EUR. Their fees differ too: 0.20% for LTAM.AS and 0.10% for EUEA.AS.
Find the right allocation for LTAM.AS and EUEA.AS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer