ILF: ISHARES LATIN AMERICA 40 ETF
Share-split context: A forward split was recorded on Jul 24, 2008 with coefficient 5. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
What this ETF is trying to do
The iShares Latin America 40 ETF (ILF) is designed to provide exposure to companies in Latin America. It holds a variety of stocks from this region. As of October 8, 2026, the fund has 56 total holdings.
Top Holdings
The portfolio is made up of many companies, but the largest include:
• Petroleo Brasileiro SA Petrobras ADR: 12.77%
• Nu Holdings Ltd: 8.32%
• Vale SA ADR: 7.75%
• Itau Unibanco Holding SA ADR: 6.82%
• Grupo Mexico Sab de CV: 5.92%
These weights can change over time.
What the numbers show
As of October 7, 2026, the share price was $37.41. This ETF has a history of "forward splits." In a forward split, each old share becomes multiple new shares, and the price per share drops proportionally. This does not create a gain or loss; it just changes how many shares an investor owns. Because of this history, we use split-adjusted returns to see how the fund performed.
Price Return (Share price movement only):
• Year-to-date: 22.86%
• One-year: 34.47%
• Three-year: 53.26%
Total Return (Includes distributions):
• Year-to-date: 24.43%
• One-year: 39.53%
• Three-year: 79.15%
• Five-year: 103.60%
Income and distribution explanation
This ETF pays out cash distributions to investors. The distribution yield is approximately 3.16%. Over the last 12 months, it made 3 payouts. The frequency of these payments is irregular.
It is important for beginners to know that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.
NAV erosion explanation
"NAV erosion" happens when the actual value of the fund's underlying assets declines over time. This ETF has an erosion-risk score of 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• The fund has shown strong split-adjusted price and total returns over the last one, three, and five years.
• There is currently no detected NAV erosion.
Cons
• The distribution payments are irregular rather than on a set schedule.
• The fund is concentrated in a specific geographic region (Latin America).
Beginner takeaway
The iShares Latin America 40 ETF provides a way to invest in Latin American companies. It has seen significant growth in both share price and total return over several years. While it pays a distribution yield of 3.16%, investors should look at the total return to see the full picture of performance.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | PETROLEO BRASILEIRO SA PETROBRAS ADR | PBR-A | 12.77% |
| 2 | NU HOLDINGS LTD ORDINARY SHARES CLASS A | NU | 8.32% |
| 3 | VALE SA ADR | VALE | 7.75% |
| 4 | ITAU UNIBANCO HOLDING SA ADR | ITUB | 6.82% |
| 5 | GRUPO MEXICO SAB DE CV CLASS B | n/a | 5.92% |
| 6 | GRUPO FINANCIERO BANORTE SAB DE CV CLASS O | n/a | 4.21% |
| 7 | CREDICORP LTD | BAP | 3.87% |
| 8 | AMERICA MOVIL SAB DE CV ORDINARY SHARES CLASS B | n/a | 3.20% |
| 9 | FOMENTO ECONOMICO MEXICANO SAB DE CV UNITS CONS. OF 1 SHS-B- AND 4 SHS-D- | n/a | 3.09% |
| 10 | BANK BRADESCO SA ADR | BBD | 2.83% |