ILF vs IVV
iShares Latin America 40 ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. ILF delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ILF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.03% | |
| AUM | $3.8B | $865.2B | |
| Dividend Yield | 3.50% | 1.09% | |
| Holdings | 52 | 508 | |
| YTD Return | +13.40% | +13.80% | |
| 1Y Return | +39.26% | +23.01% | |
| 3Y Return (annualized) | +14.89% | +21.77% | |
| 5Y Return (annualized) | +10.56% | +13.39% | |
| Volatility (annualized) | 26.8% | 15.1% | |
| Max Drawdown | -74.4% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 25, 2001 | May 15, 2000 |
ILF vs IVV Performance
iShares Latin America 40 ETF (ILF) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ILF returned +39.26% while IVV returned +23.01%. Year to date, ILF is up 13.40% versus a gain of 13.80% for IVV.
Over three years, ILF compounded at +14.89% per year against +21.77% for IVV; over five years the annualized figures are +10.56% and +13.39% respectively. Across the full 25-year window we track, ILF has the edge at +7.50% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ILF has been the more volatile fund, with annualized monthly volatility of 26.8% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -74.4% for ILF and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ILF charges 0.47% per year while IVV charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, ILF currently yields 3.50% against 1.09% for IVV.
Holdings Overlap
ILF and IVV share 1 holdings out of 546 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ILF | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.20% | 0.15% | 0.05% |
Frequently Asked Questions
Which is cheaper, ILF or IVV?
ILF has an expense ratio of 0.47% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, ILF or IVV?
Over the past year ILF returned +39.26% vs +23.01% for IVV, so ILF leads on 1-year performance. Over the longest common window we track (25 years), ILF annualized +7.50% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, ILF or IVV?
ILF has been the more volatile fund at 26.8% annualized versus 15.1% for IVV. Worst drawdown: ILF -74.4% vs IVV -56.5%.
Should I hold both ILF and IVV?
ILF and IVV have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ILF and IVV?
ILF and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 546 unique securities.
Which pays a higher dividend, ILF or IVV?
ILF yields 3.50% while IVV yields 1.09%, so ILF currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.