iShares Latin America 40 ETF
Emerging-markets stock index ETF · tracks S&P Latin America 40
As of its 2026 Q2 report, iShares Latin America 40 ETF held 49 positions with $3.74B in net assets. Its ten largest holdings made up 54.6% of the fund. The ILF share class costs 0.47% a year. Over the 12 months to May 2026, ILF returned 45.0%, with dividends reinvested. In 2026 Q2 it added 4 new positions and exited 3.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
VALEVALE S.A. | 8.40% | $314.28M | — | — |
NUNu Holdings Ltd. | 8.17% | $305.62M | 22.9M | $13.36 |
ITUBItau Unibanco Holding S.A. | 7.04% | $263.32M | — | — |
Grupo Mexico, S.A.B. de C.V. | 5.63% | $210.34M | 18.6M | $11.34 |
PBR/APetroleo Brasileiro S.A. (Petrobras) | 5.15% | $192.42M | — | — |
PBRPetroleo Brasileiro S.A. (Petrobras) | 4.79% | $179.15M | — | — |
BAPCREDICORP LTD. | 4.22% | $157.74M | 404.9K | $389.58 |
Grupo Financiero Banorte, S.A.B. de C.V. | 4.07% | $152.15M | 14.4M | $10.55 |
America Movil, S.A.B. de C.V. | 3.72% | $139.25M | 107.5M | $1.30 |
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.
All 49 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| 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.
How it has done
ILF share class · total returns with dividends reinvested
Volatility over the last 12 months: 20.24%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
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
- Expense ratio, by class
- 0.47%· ILF 0.47%
- Portfolio turnover
- 18.00% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
4 new
3 exited
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