iShares Latin America 40 ETF
iShares Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
iShares Latin America 40 ETF is an emerging-markets equity index ETF that tracks the S&P Latin America 40.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2025 Q3
The iShares Latin America 40 ETF (the Fund ) seeks to track the investment results of an index composed of 40 of the largest Latin American equities.
The fund tracks the S&P Latin America 40 Index using representative sampling, holding a portfolio of large-cap equities from Brazil, Chile, Colombia, Mexico, and Peru with investment characteristics similar to the index; it invests at least 80% in index constituents or economic equivalents and may use derivatives and cash for up to 20% of assets. Because the fund samples rather than holds all index securities, its returns may diverge from the index. The fund concentrates in financials and materials to the same extent as the index.
| Share class | Expense ratio |
|---|---|
| ILF | 0.47% |
Portfolio turnover 18.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 57.40% |
| Other | 41.70% |
| Cash & short-term | 1.77% |
| Derivatives | -0.01% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
New: MILLICOM INTERNATIONAL CELLULAR S.A., MEX BOLSA IDX FUT SEP26, COLOMBIAN PESO, MSCI BRAZIL IX FU SEP26
Exited: Enel Americas S.A., MEX BOLSA IDX FUT JUN26, MSCI BRAZIL IX FU JUN26
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| VALE | VALE S.A.VALE | 8.40% | — | $314.28M | — |
| NU | Nu Holdings Ltd.NU | 8.17% | $13.36 | $305.62M | 22.9M |
| ITUB | Itau Unibanco Holding S.A.ITUB | 7.04% | — | $263.32M | — |
| — | Grupo Mexico, S.A.B. de C.V. | 5.63% | $11.34 | $210.34M | 18.6M |
| PBR/A | Petroleo Brasileiro S.A. (Petrobras)PBR/A | 5.15% | — | $192.42M | — |
| PBR | Petroleo Brasileiro S.A. (Petrobras)PBR | 4.79% | — | $179.15M | — |
| BAP | CREDICORP LTD.BAP | 4.22% | $389.58 | $157.74M | 404.9K |
| — | Grupo Financiero Banorte, S.A.B. de C.V. | 4.07% | $10.55 | $152.15M | 14.4M |
| — | America Movil, S.A.B. de C.V. | 3.72% | $1.30 | $139.25M | 107.5M |
| — | Fomento Economico Mexicano, S.A.B. de C.V. | 3.40% | — | $126.97M | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 54.59% of net assets, top 25 86.05%, across 48 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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