Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs ILF: how they differ
EEM and ILF hold 3% of their weight in the same names, and ILF returned more over the year.
iShares MSCI Emerging Markets ETF and iShares Latin America 40 ETF.
What they hold in common
By the books each fund has filed, EEM and ILF hold 3% of their money in the same securities at the same weight.
| Holding | EEM | ILF |
|---|---|---|
| Nu Holdings Ltd. | 0.35% | 8.25% |
| Grupo Mexico, S.A.B. de C.V. | 0.30% | 5.68% |
| Grupo Financiero Banorte, S.A.B. de C.V. | 0.21% | 4.11% |
| CREDICORP LTD. | 0.18% | 4.26% |
| America Movil, S.A.B. de C.V. | 0.18% | 3.76% |
| Fomento Economico Mexicano, S.A.B. de C. | 0.16% | 3.43% |
| Cemex, S.A.B. de C.V. | 0.16% | 2.92% |
| SOUTHERN COPPER CORPORATION | 0.14% | 2.34% |
| B3 S.A - Brasil, Bolsa, Balcao | 0.14% | 2.28% |
| Wal-Mart de Mexico, S.A.B. de C.V. | 0.12% | 2.28% |
| ITAUSA S.A. | 0.12% | 2.42% |
| WEG S.A. | 0.12% | 2.15% |
| Only in EEM | Only in ILF |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 14.28% | VALE S.A. 8.48% |
| SK hynix Inc. 6.65% | Itau Unibanco Holding S.A. 7.11% |
| Tencent Holdings Limited 2.71% | Petroleo Brasileiro S.A. (Petrobras) 5.19% |
| Alibaba Group Holding Limited 2.08% | Petroleo Brasileiro S.A. (Petrobras) 4.83% |
| MediaTek Inc. 1.62% | Banco Bradesco S.A. 2.95% |
| DELTA ELECTRONICS, INC. 1.17% | AMBEV S.A. 2.15% |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.90% | Sociedad Quimica y Minera de Chile S.A. 1.70% |
| Samsung Electronics Co., Ltd. 0.85% | Grupo Aeroportuario del Pacifico, S.A.B. 1.66% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| EEM iShares MSCI Emerging Markets ETF | ILF iShares Latin America 40 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Emerging markets | Latin America 40 |
| Total return, 1 year | +32.3% | +33.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | +15.9 pts |
| Expense ratio | 0.72% | 0.47% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1245 | 45 |
EEM in plain words
EEM is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +32.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.72% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1245 positions, with the top ten at 38.9%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.
ILF in plain words
ILF is an index equity fund tracking the Latin America 40. Over the year to Sep 11, 2026 it returned +33.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.47% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 45 positions, with the top ten at 55.1%. It sat 4.4% below its high of Apr 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EEM or ILF?
- In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and ILF returned +33.4%, so ILF returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EEM or ILF?
- EEM charges 0.72% a year and ILF charges 0.47%, so ILF is cheaper. Fees come from each fund's prospectus.
- How much do EEM and ILF overlap with the S&P 500?
- By their latest filed holdings, 0% of EEM and 0% of ILF by weight is stocks the S&P 500 already holds. Between the two funds, 3% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EEM against ILF, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-ILF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources