PRLAX vs. ILF
Compare and contrast key facts about T. Rowe Price Latin America Fund (PRLAX) and iShares Latin American 40 ETF (ILF).
PRLAX is managed by T. Rowe Price. It was launched on Dec 28, 1993. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRLAX or ILF.
Correlation
The correlation between PRLAX and ILF 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.
Performance
PRLAX vs. ILF - Performance Comparison
Key characteristics
PRLAX:
-0.55
ILF:
-0.38
PRLAX:
-0.64
ILF:
-0.40
PRLAX:
0.92
ILF:
0.95
PRLAX:
-0.16
ILF:
-0.20
PRLAX:
-0.87
ILF:
-0.60
PRLAX:
11.62%
ILF:
11.32%
PRLAX:
18.35%
ILF:
17.93%
PRLAX:
-75.91%
ILF:
-67.48%
PRLAX:
-59.22%
ILF:
-24.53%
Returns By Period
The year-to-date returns for both investments are quite close, with PRLAX having a 14.66% return and ILF slightly higher at 15.35%. Over the past 10 years, PRLAX has underperformed ILF with an annualized return of 0.53%, while ILF has yielded a comparatively higher 1.99% annualized return.
PRLAX
14.66%
10.71%
-9.10%
-11.16%
-2.37%
0.53%
ILF
15.35%
11.46%
-5.97%
-9.15%
0.99%
1.99%
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PRLAX vs. ILF - Expense Ratio Comparison
PRLAX has a 1.46% expense ratio, which is higher than ILF's 0.48% expense ratio.
Risk-Adjusted Performance
PRLAX vs. ILF — Risk-Adjusted Performance Rank
PRLAX
ILF
PRLAX vs. ILF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Latin America Fund (PRLAX) 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.
Dividends
PRLAX vs. ILF - Dividend Comparison
PRLAX's dividend yield for the trailing twelve months is around 3.22%, less than ILF's 6.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRLAX T. Rowe Price Latin America Fund | 3.22% | 3.70% | 2.44% | 3.10% | 3.83% | 0.91% | 2.03% | 1.46% | 1.02% | 1.45% | 0.80% | 1.87% |
ILF iShares Latin American 40 ETF | 6.45% | 7.44% | 4.61% | 12.72% | 8.47% | 1.88% | 3.09% | 3.12% | 1.81% | 1.59% | 3.25% | 2.32% |
Drawdowns
PRLAX vs. ILF - Drawdown Comparison
The maximum PRLAX drawdown since its inception was -75.91%, which is greater than ILF's maximum drawdown of -67.48%. Use the drawdown chart below to compare losses from any high point for PRLAX and ILF. For additional features, visit the drawdowns tool.
Volatility
PRLAX vs. ILF - Volatility Comparison
T. Rowe Price Latin America Fund (PRLAX) and iShares Latin American 40 ETF (ILF) have volatilities of 4.58% and 4.72%, 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.