Which returned more over the last year, ILF or MBB?

In the year to Oct 28, 2026, with distributions reinvested, ILF returned +17.2% and MBB −0.8%.

Which is cheaper, ILF or MBB?

MBB is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

ILF vs MBB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ILF returned +17.2% to MBB's −0.8%; 0% of their weight is in the same names.

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Net assets on Oct 28, 2026: $3.5bn for iShares Latin America 40 ETF and $35.5bn for iShares MBS ETF.

ILF on its own →MBB on its own →

At a glance

+17.2%

ILF total return, 1 year

−0.8%

MBB total return, 1 year

0.47%

ILF expense ratio

0.04%

MBB expense ratio

Pair scorecard

MBB costs 0.43 points a year less; their one-year returns differ by 18.0 points; MBB is 10.1 times larger.

ILF vs MBB: Differences, Returns & Fees
Measure	ILF	MBB
Return
Measure	ILF	MBB
Total return, 1 year	+17.2%	−0.8%
Drawdown
Measure	ILF	MBB
Below its high	13.7%, high on Oct 12, 2026
Benchmark
Measure	ILF	MBB
What it tracks	S&P Latin America 40	Bloomberg U.S. MBS Index
Cost and size
Measure	ILF	MBB
Expense ratio	0.47%	0.04%
Net assets	$3.5bn	$35.5bn
Holdings
Measure	ILF	MBB
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	55.6%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, ILF and MBB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ILF MBB

Only in one fund ↓

Only in ILF

NU HOLDINGS CLASS A 7.53%

PETROLEO BRASILEIRO ADR REPTG PRE 6.95%

ITAU UNIBANCO HOLDING ADR REP PRE 6.61%

PETROLEO BRASILEIRO ADR REPTG SA 6.61%

VALE ADR REPRESENTING ONE 6.45%

GRUPO MEXICO B 6.26%

GPO FINANCE BANORTE 4.48%

CREDICORP LTD 3.96%

Only in MBB

BLACKROCK CASH CL INST SL AGENCY 5.45%

FHLMC 30YR UMBS SUPER 1.05%

UMBS 30YR TBA(REG A) 0.60%

GNMA2 30YR 0.59%

GNMA2 30YR 0.54%

FNMA 30YR UMBS 0.53%

GNMA2 30YR 0.53%

GNMA2 30YR 0.52%

Check overlap with more funds →

Side by side

ILF iShares Latin America 40 ETF MBB iShares MBS ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of Latin America 40 Tracks an index of mortgage-backed securities

Total return, 1 year +17.2% −0.8%

Its benchmark over the same days not measured −1.1% (SPMB)

Gap to its benchmark not measured +0.3 pts vs SPMB

Expense ratio 0.47% 0.04%

Holdings 46 10813

Net assets $3.5bn $35.5bn

ILF and MBB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

ILF

ILF tracks an index of Latin America 40. Over the year to Oct 28, 2026 it returned +17.2% with distributions reinvested. The prospectus expense ratio is 0.47% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 46 positions, with the top ten at 55.6%. It sat 13.7% below its high of Oct 12, 2026 on Oct 28, 2026.

MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, ILF or MBB?: In the year to Oct 28, 2026, with distributions reinvested, ILF returned +17.2% and MBB −0.8%.
Which is cheaper, ILF or MBB?: MBB is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

ILF vs SGOV AGG vs ILF BND vs ILF ILF vs VGSH EWZ vs MBB AVDV vs MBB MBB vs VYMI ACWI vs MBB

Where to next

ILF on its own →MBB on its own →Hold both: look the portfolio through →Rankings →ILF dividend history →ILF holdings →MBB dividend history →MBB holdings →Standards and sources →

Sources and dates

ILF and MBB filings on SEC EDGAR ↗

ILF prospectus with the expense ratio (SEC) ↗

iShares page for ILF ↗

MBB prospectus with the expense ratio (SEC) ↗

iShares page for MBB ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, ILF against MBB, data as of Oct 28, 2026. https://etfiq.com/compare/any/ilf-vs-mbb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.