OTGL vs. ILF
OTGL (OTG Latin America ETF) and ILF (iShares Latin American 40 ETF) are both Latin America Equities funds - OTGL tracks the Actively Managed while ILF tracks the S&P Latin America 40 Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. OTGL charges 0.95%/yr vs 0.48%/yr for ILF.
Performance
OTGL vs. ILF - Performance Comparison
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Returns By Period
In the year-to-date period, OTGL achieves a 5.36% return, which is significantly lower than ILF's 11.49% return.
OTGL
- 1D
- -0.86%
- 1M
- -1.33%
- YTD
- 5.36%
- 6M
- 6.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILF
- 1D
- -1.38%
- 1M
- -2.81%
- YTD
- 11.49%
- 6M
- 10.99%
- 1Y
- 38.85%
- 3Y*
- 12.99%
- 5Y*
- 8.24%
- 10Y*
- 8.34%
OTGL vs. ILF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OTGL OTG Latin America ETF | 5.36% | 13.64% |
ILF iShares Latin American 40 ETF | 11.49% | 22.44% |
Correlation
The correlation between OTGL and ILF is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.90 |
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Return for Risk
OTGL vs. ILF — Risk / Return Rank
OTGL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ILF
OTGL vs. ILF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OTG Latin America ETF (OTGL) 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.
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.
| OTGL | ILF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.80 | — |
| Martin ratioReturn relative to average drawdown | — | 8.13 | — |
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Drawdowns
OTGL vs. ILF - Drawdown Comparison
The maximum OTGL drawdown since its inception was -13.52%, smaller than the maximum ILF drawdown of -67.48%. Use the drawdown chart below to compare losses from any high point for OTGL and ILF.
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Drawdown Indicators
| OTGL | ILF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.52% | -67.48% | +53.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.79% | — |
Current DrawdownCurrent decline from peak | -9.20% | -10.90% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -23.91% | +20.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.79% | — |
Volatility
OTGL vs. ILF - Volatility Comparison
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Volatility by Period
| OTGL | ILF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.37% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.23% | 22.26% | -3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.23% | 23.29% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.23% | 28.35% | -9.12% |
OTGL vs. ILF - Expense Ratio Comparison
OTGL has a 0.95% expense ratio, which is higher than ILF's 0.48% expense ratio.
Dividends
OTGL vs. ILF - Dividend Comparison
OTGL's dividend yield for the trailing twelve months is around 2.83%, less than ILF's 3.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILF iShares Latin American 40 ETF | 3.52% | 4.39% | 7.44% | 4.61% | 12.72% | 8.47% | 1.88% | 3.09% | 3.12% | 1.80% | 1.59% | 3.25% |
OTGL OTG Latin America ETF | 2.83% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OTGL and ILF have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ILF is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ILF is cheaper with a 0.48% expense ratio, compared with 0.95% for OTGL.
ILF has the higher dividend yield at 3.52%, compared with 2.83% for OTGL.
OTGL tracks Actively Managed, while ILF tracks S&P Latin America 40 Index. They also come from different issuers: OTG and iShares. Their fees differ too: 0.95% for OTGL and 0.48% for ILF.
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