LTAM.AS vs. HEN.DE
LTAM.AS (iShares MSCI EM Latin America UCITS ETF USD (Dist)) is Latin America Equities fund tracking the MSCI EM Latin America NR USD, while HEN.DE (Henkel AG & Co. KGaA) is a stock. Over the past 10 years, LTAM.AS returned 6.95%/yr vs -1.48%/yr for HEN.DE. At a 0.29 correlation, their price movements are largely independent.
Performance
LTAM.AS vs. HEN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LTAM.AS achieves a 11.12% return, which is significantly higher than HEN.DE's -3.12% return. Over the past 10 years, LTAM.AS has outperformed HEN.DE with an annualized return of 6.95%, while HEN.DE has yielded a comparatively lower -1.48% 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%
HEN.DE
- 1D
- -0.65%
- 1M
- 4.20%
- YTD
- -3.12%
- 6M
- -2.36%
- 1Y
- -2.29%
- 3Y*
- -0.11%
- 5Y*
- -2.83%
- 10Y*
- -1.48%
LTAM.AS vs. HEN.DE - 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% |
HEN.DE Henkel AG & Co. KGaA | -3.12% | -9.72% | 17.71% | 10.83% | -9.55% | -10.96% | -1.23% | 0.16% | -12.72% | 2.56% |
Correlation
The correlation between LTAM.AS and HEN.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2008 | 0.29 |
The correlation between LTAM.AS and HEN.DE shifts across timeframes, from 0.07 (3 years) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LTAM.AS vs. HEN.DE — Risk / Return Rank
LTAM.AS
HEN.DE
LTAM.AS vs. HEN.DE - 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 Henkel AG & Co. KGaA (HEN.DE). 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 | HEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.99 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | -0.10 | +3.10 |
| Martin ratioReturn relative to average drawdown | 9.22 | -0.23 | +9.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LTAM.AS | HEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | -0.13 | +2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | -0.15 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | -0.07 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.31 | -0.24 |
Drawdowns
LTAM.AS vs. HEN.DE - Drawdown Comparison
The maximum LTAM.AS drawdown since its inception was -60.23%, which is greater than HEN.DE's maximum drawdown of -55.97%. Use the drawdown chart below to compare losses from any high point for LTAM.AS and HEN.DE.
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Drawdown Indicators
| LTAM.AS | HEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.23% | -55.97% | -4.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -22.35% | +11.34% |
Max Drawdown (3Y)Largest decline over 3 years | -25.56% | -22.75% | -2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -25.56% | -28.55% | +2.99% |
Max Drawdown (10Y)Largest decline over 10 years | -49.89% | -49.66% | -0.23% |
Current DrawdownCurrent decline from peak | -11.01% | -30.22% | +19.21% |
Average DrawdownAverage peak-to-trough decline | -26.14% | -17.52% | -8.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 9.79% | -6.19% |
Volatility
LTAM.AS vs. HEN.DE - Volatility Comparison
The current volatility for iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.AS) is 5.16%, while Henkel AG & Co. KGaA (HEN.DE) has a volatility of 6.54%. This indicates that LTAM.AS experiences smaller price fluctuations and is considered to be less risky than HEN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LTAM.AS | HEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 6.54% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 15.13% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.63% | 17.94% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.78% | 18.40% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.09% | 19.79% | +5.30% |
Dividends
LTAM.AS vs. HEN.DE - Dividend Comparison
LTAM.AS's dividend yield for the trailing twelve months is around 3.02%, less than HEN.DE's 3.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEN.DE Henkel AG & Co. KGaA | 3.37% | 3.11% | 2.46% | 2.82% | 3.04% | 2.66% | 4.64% | 2.18% | 2.06% | 1.60% | 1.46% | 1.46% |
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 HEN.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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