iShares Latin America 40 ETF (ILF) Performance
ILF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +25.4% since Dec 31, 2025
- 1 year
- +36.1% total return
- 5 years
- +15.9% a year
- 10 years
- +7.0% a year
- Since first price
- +9.7% a year since 2001
ILF trailing returns vs SPY, QQQ, AGG
| Period | ILF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.3% | +7.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.2% | +8.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.7% | +2.4% | +7.8% | +8.4% | −1.5% |
| YTD | +25.4% | +23.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +36.1% | +31.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.8%+21.6%/yr | +53.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +109.3%+15.9%/yr | +46.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +97.1%+7.0%/yr | +21.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +64.6%+3.4%/yr | −11.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +156.5%+4.8%/yr | +22.4% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionOct 26, 2001 | +905.8%+9.7%/yr | +353.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ILF vs SPY
From Oct 26, 2001: ILF grew to $100,584, SPY to $108,059.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ILF returns by calendar year
14 of 24 full years positive. Best 2009 (+91.1%), worst 2008 (−47.2%). 2026 is year to date.
ILF annual returns table
| Year | ILF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +25.4% | −13.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +52.6% | −12.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −23.1% | −22.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +33.1% | −15.3% | +26.2% | +54.9% | +5.7% |
| 2022 | +9.8% | −29.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −13.6% | −26.9% | +28.7% | +27.4% | −1.8% |
| 2020 | −11.7% | −55.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +13.8% | −16.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.8% | −26.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +26.3% | −12.8% | +21.7% | +32.7% | +3.6% |
| 2016 | +32.4% | −15.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −31.5% | −34.0% | +1.2% | +9.4% | +0.5% |
| 2014 | −12.3% | −31.6% | +13.5% | +19.2% | +6.0% |
| 2013 | −12.5% | −23.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +5.8% | −20.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −18.5% | −30.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.5% | −19.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +91.1% | −25.1% | +26.4% | +54.7% | +3.0% |
| 2008 | −47.2% | −67.5% | −36.8% | −41.7% | +7.9% |
| 2007 | +48.5% | −22.3% | +5.1% | +19.0% | +6.6% |
| 2006 | +41.1% | −29.8% | +15.8% | +7.1% | +3.9% |
| 2005 | +54.6% | −13.4% | +4.8% | +1.6% | +2.3% |
| 2004 | +38.5% | −22.8% | +10.7% | +10.5% | +3.8% |
| 2003 | +62.1% | −17.3% | +28.2% | +49.7% | — |
| 2002 | −21.4% | −42.0% | −21.6% | −37.4% | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ILF largest drawdowns
Now 1.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 19, 2008 | −67.5% | Nov 20, 2008 | Dec 2, 2025 | 6 months | 17.5 years |
| Apr 17, 2002 | −42.0% | Sep 30, 2002 | Oct 13, 2003 | 5 months | 1.5 years |
| May 9, 2006 | −29.8% | Jun 13, 2006 | Nov 29, 2006 | 35 days | 7 months |
| Apr 5, 2004 | −22.8% | May 10, 2004 | Sep 16, 2004 | 35 days | 5 months |
| Jul 23, 2007 | −22.3% | Aug 16, 2007 | Sep 26, 2007 | 24 days | 2 months |
| Oct 31, 2007 | −17.6% | Jan 17, 2008 | Feb 25, 2008 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ILF risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2001 |
|---|---|---|---|---|
| Annualized return | +16.4% | +13.2% | +7.2% | +9.4% |
| Volatility (annualized) | 19.1% | 22.8% | 26.4% | 26.8% |
| Sharpe ratio | 0.66 | 0.50 | 0.31 | — |
| Sortino ratio | 1.30 | 0.80 | 0.46 | — |
| Best month | +16.1% | +16.1% | +25.0% | +25.0% |
| Worst month | −6.1% | −17.4% | −34.7% | −34.7% |
| Best 12 months | +70.7% | +70.7% | +70.7% | +100.8% |
| Worst 12 months | −23.1% | −23.1% | −43.3% | −53.4% |
| Positive months | 56% | 58% | 53% | 56% |
| Beta vs S&P 500 | 0.36 | 0.65 | 0.87 | — |
| Correlation with S&P 500 | 0.23 | 0.45 | 0.50 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ILF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 289 | −53.4% | +12.6% | +100.8% | 61% |
| 3-year (a year) | 265 | −21.2% | +4.9% | +64.5% | 66% |
| 5-year (a year) | 241 | −14.7% | +2.5% | +52.8% | 63% |
| 10-year (a year) | 181 | −6.8% | +1.5% | +23.7% | 63% |
Every holding period starting at a month-end since 2001. Returns for 3 years and longer are annualized.
ILF performance overview
iShares Latin America 40 ETF (ILF) returned +36.1% over the past year and +7.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2001 it has returned +9.7% a year, turning $10,000 into about $100,584. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −67.5%, from May 19, 2008 to Nov 20, 2008, and it took 17.0 years to get back to the old high. ILF finished 14 of its 24 full calendar years with a gain; the best year was 2009 (+91.1%) and the worst 2008 (−47.2%). Volatility has been 26.8% a year.
Related: ILF chart, ILF holdings, ILF dividends, ILF valuation. See the ILF overview for the latest quote and fund facts.
ILF performance FAQ
What is the ILF return over the past year?
ILF returned +36.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 31.2%.
What is the average annual return of ILF?
ILF has returned +15.9% a year over 5 years, +7.0% a year over 10 years, +9.7% a year since October 26, 2001 (total return, distributions reinvested).
How much would $10,000 invested in ILF be worth?
$10,000 invested in ILF at its first recorded close on October 26, 2001 would be worth about $100,584 on October 23, 2026 with distributions reinvested.
What was the worst year for ILF?
The worst calendar year was 2008, with a total return of −47.2%. The best was 2009 at +91.1%.
What is the biggest drawdown of ILF?
The largest peak-to-trough decline was −67.5% between May 19, 2008 and November 20, 2008. It recovered to the old high on December 2, 2025, 17.0 years after the bottom.
How volatile is ILF?
Over the past 3 years ILF had an annualized volatility of 19.1% and a Sharpe ratio of 0.66 (excess return over 1–3 month T-bills per unit of risk).