iShares Latin America 40 ETF (ISQN)
XBER 
Summary
ISQN Chart
ILF: Valuation Meets Momentum, Upgrading To Buy
I am upgrading iShares Latin America 40 ETF to a buy, citing its strong YTD outperformance and improved momentum versus the S&P 500. ILF offers a compelling combination of low valuation (8.5x P/E), high 6.1% yield, and attractive PEG ratio, despite portfolio cyclicality risks. Technical analysis points to a bullish setup, with a breakout above $27 targeting $33, supported by double-bottom and RSI strength.
ILF: Low Valuations, But Too Much Risk At A Rather Pessimistic Outlook
ILF offers exposure to Latin American markets, primarily Brazil and Mexico, but faces high volatility and political risks. The ETF has a high expense ratio of 0.48% and significant sector concentration, with financials dominating at 37.1%. Brazil's economic outlook is bearish due to potential interest rate hikes, while Mexico's situation is mixed with possible rate cuts halting.
ILF: Latin American Stocks Are Cheap, But Bearish Relative Momentum
ILF remains a hold due to compelling valuation but weak technicals, underperforming the S&P 500 despite favorable sector rebounds. The ETF targets large-cap Latin American stocks, focusing on growth and value, but assets have declined significantly since Q4 2023. ILF's portfolio now has more growth exposure with a low P/E ratio, but it needs bullish price action and sector support to upgrade.
iShares Latin America 40 ETF Dividends
| ILF 11 months ago Paid | Semi Annual | $0.66 Per Share |
| ILF 20 Dec 2023 Paid | Semi Annual | $0.86 Per Share |
| ILF 7 Jun 2023 Paid | Semi Annual | $0.48 Per Share |
| ILF 13 Dec 2022 Paid | Semi Annual | $1.81 Per Share |
| ILF 9 Jun 2022 Paid | Semi Annual | $1.1 Per Share |
iShares Latin America 40 ETF Earnings
| ILF 11 months ago Paid | Semi Annual | $0.66 Per Share |
| ILF 20 Dec 2023 Paid | Semi Annual | $0.86 Per Share |
| ILF 7 Jun 2023 Paid | Semi Annual | $0.48 Per Share |
| ILF 13 Dec 2022 Paid | Semi Annual | $1.81 Per Share |
| ILF 9 Jun 2022 Paid | Semi Annual | $1.1 Per Share |
iShares Latin America 40 ETF (ISQN) FAQ
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iShares Latin America 40 ETF Profile
| XBER Exchange | US Country |
Overview
The fund focuses on investing primarily in the component securities of its underlying index, allocating at least 80% of its assets to these securities and other investments that closely mirror the economic characteristics of the component securities of the S&P Latin America 40TM. This underlying index consists of selected stocks trading on the stock exchanges of five Latin American countries, aiming to capture the investment outcomes of this region. The approach is singular in its concentration, as the fund maintains a non-diversified status, putting a significant portion of its assets into a relatively small number of investments to achieve its objectives.
Products and Services
Within its strategy, the fund offers the following key investment focus:
- Component Securities Investment: The primary product of the fund involves investing a minimum of 80% of its assets in the securities that form the underlying index. This approach is designed to ensure that the fund’s investment performance closely aligns with the performance of the S&P Latin America 40TM Index.
- Investment in Economic Equivalents: Beyond direct investment in the index securities, the fund also seeks investments that have economic characteristics substantially identical to those of the securities in the underlying index. This includes various financial instruments and derivatives that mimic the performance of the index components, offering investors exposure to the same economic outcomes.
- Focus on Latin American Equities: The fund targets its investments towards equities trading on the exchanges of five Latin American countries. This regional focus allows investors to gain exposure to the growth potential and investment opportunities within the Latin American market, diversifying their investment portfolio geographically within the scope of the fund’s non-diversified framework.
Contact Information
