SLANX vs. ILF
SLANX (DWS Latin America Equity Fund Class A) and ILF (iShares Latin American 40 ETF) are both Latin America Equities funds. Over the past 10 years, SLANX returned 10.87%/yr vs 8.49%/yr for ILF. Their correlation of 0.92 suggests significant overlap in exposure. SLANX charges 1.51%/yr vs 0.48%/yr for ILF.
Performance
SLANX vs. ILF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLANX achieves a 7.58% return, which is significantly lower than ILF's 13.05% return. Over the past 10 years, SLANX has outperformed ILF with an annualized return of 10.87%, while ILF has yielded a comparatively lower 8.49% annualized return.
SLANX
- 1D
- -1.08%
- 1M
- -3.17%
- YTD
- 7.58%
- 6M
- 9.51%
- 1Y
- 26.91%
- 3Y*
- 9.61%
- 5Y*
- 7.36%
- 10Y*
- 10.87%
ILF
- 1D
- 0.27%
- 1M
- -1.45%
- YTD
- 13.05%
- 6M
- 14.29%
- 1Y
- 40.46%
- 3Y*
- 13.51%
- 5Y*
- 9.00%
- 10Y*
- 8.49%
SLANX vs. ILF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLANX DWS Latin America Equity Fund Class A | 7.58% | 54.13% | -28.52% | 33.24% | 8.08% | -9.06% | 0.70% | 35.56% | -2.82% | 32.20% |
ILF iShares Latin American 40 ETF | 13.05% | 52.65% | -23.11% | 33.14% | 9.81% | -13.59% | -11.71% | 13.77% | -6.85% | 26.33% |
Correlation
The correlation between SLANX and ILF is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2002 | 0.92 |
The correlation between SLANX and ILF has been stable across timeframes, ranging from 0.92 to 0.95 - 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
SLANX vs. ILF — Risk / Return Rank
SLANX
ILF
SLANX vs. ILF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Latin America Equity Fund Class A (SLANX) 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.
| SLANX | ILF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 2.92 | -1.07 |
| Martin ratioReturn relative to average drawdown | 5.17 | 8.56 | -3.39 |
Loading charts...
Drawdowns
SLANX vs. ILF - Drawdown Comparison
The maximum SLANX drawdown since its inception was -70.73%, roughly equal to the maximum ILF drawdown of -67.48%. Use the drawdown chart below to compare losses from any high point for SLANX and ILF.
Loading charts...
Drawdown Indicators
| SLANX | ILF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.73% | -67.48% | -3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -13.70% | -13.94% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -29.63% | -23.97% | -5.66% |
Max Drawdown (5Y)Largest decline over 5 years | -29.92% | -29.71% | -0.21% |
Max Drawdown (10Y)Largest decline over 10 years | -50.91% | -57.79% | +6.88% |
Current DrawdownCurrent decline from peak | -11.73% | -9.65% | -2.08% |
Average DrawdownAverage peak-to-trough decline | -23.27% | -23.91% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.87% | 4.74% | +0.13% |
Volatility
SLANX vs. ILF - Volatility Comparison
DWS Latin America Equity Fund Class A (SLANX) and iShares Latin American 40 ETF (ILF) have volatilities of 6.43% and 6.44%, 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.
Loading charts...
Volatility by Period
| SLANX | ILF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 6.44% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 18.00% | 18.33% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.78% | 22.25% | -0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.28% | 23.28% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.97% | 28.40% | -1.43% |
SLANX vs. ILF - Expense Ratio Comparison
SLANX has a 1.51% expense ratio, which is higher than ILF's 0.48% expense ratio.
Dividends
SLANX vs. ILF - Dividend Comparison
SLANX's dividend yield for the trailing twelve months is around 3.86%, more than ILF's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILF iShares Latin American 40 ETF | 3.47% | 4.39% | 7.44% | 4.61% | 12.72% | 8.47% | 1.88% | 3.09% | 3.12% | 1.80% | 1.59% | 3.25% |
SLANX DWS Latin America Equity Fund Class A | 3.86% | 4.15% | 5.13% | 3.14% | 7.15% | 14.19% | 0.00% | 0.00% | 0.00% | 4.21% | 1.57% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, SLANX and ILF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ILF has higher volatility (6.44%) compared to SLANX (6.43%). In terms of maximum drawdown, SLANX dropped -70.73% vs ILF's -67.48%.
ILF currently has the higher Sharpe Ratio (1.83 vs 1.16), 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.
Find the right allocation for SLANX and ILF
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