Best Latin America ETFs (2026)
Which fund to use for Latin American equity exposure — 4 funds ranked on cost, yield, return, risk and ETFValuer's overall grade.
Every figure on this page is recalculated from market data each day, so the ranking reflects current conditions rather than whenever this page was written. Educational content — not financial advice.
Top Picks Right Now
- best risk-adjusted return (Sharpe 2.15)
- strongest 3-year return at +183.3%
- highest yield here at 2.49%
- largest and most liquid at $9.1B
Ranked by ETFValuer's overall score. Recalculated every day from live market data — these positions change as the underlying numbers move.
At a Glance
Each superlative is measured within this group of 4 funds, not across the whole market.
All 4 Funds Ranked
| Fund | Category | Cost | Yield | 1Y | 3Y | Volatility | Max DD | Sharpe | AUM | Score | Grade |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 EPUiShares MSCI Peru ETF | Single Country - Emerging | 0.59% | 2.04% | +73.5% | +183.3% | 31.9% | -20.9% | 2.15 | $524M | 70.9 | B |
| 2 EWZiShares MSCI Brazil ETF | Single Country - Emerging | 0.59% | 2.49% | +35.9% | +25.7% | 25.0% | -31.4% | 1.23 | $9.1B | 60.7 | C |
| 3 EWWiShares MSCI Mexico ETF | Single Country - Emerging | 0.50% | 1.17% | +29.0% | +29.0% | 22.0% | -31.2% | 1.09 | $1.8B | 57.5 | C |
| 4 ECHiShares MSCI Chile ETF | Single Country - Emerging | 0.59% | 1.97% | +29.4% | +34.5% | 25.6% | -24.6% | 0.95 | $1.0B | 55.7 | C |
Max DD is the deepest peak-to-trough fall over the measurement window. Sharpe ratio measures return per unit of volatility — higher is better. Every figure is recalculated daily.
What Makes a Good Fund Here
These are among the most volatile equity funds available, driven by commodity prices, currency swings and domestic politics as much as by company earnings. Position size matters more here than fund selection.
The ETFValuer score blends trailing return, risk-adjusted return, expense ratio, maximum drawdown, fund size and volatility, each percentile-ranked against the full tracked universe, into a single 0-100 figure graded A+ to F. It is a systematic summary of past data, not a forecast — read it alongside the individual columns rather than instead of them.
Broader Alternatives
A dedicated fund here is a concentrated bet. These broader funds hold the same companies alongside others, giving similar exposure with less single-industry risk — worth checking before committing to the narrower option.
| Fund | Category | Cost | 3Y | Score |
|---|---|---|---|---|
| VWO | Emerging Markets | 0.06% | +47.0% | 65.5 |
| IEMG | Emerging Markets | 0.09% | +61.1% | 75.4 |
Head-to-Head Comparisons
Full metric-by-metric breakdowns for the closest calls in this group.
Frequently Asked Questions
What is the best Latin America ETF?
EPU ranks highest of the 4 funds tracked in this group, scoring 70.9 (B).
Why are Latin America ETFs so volatile?
They combine concentrated commodity exposure, currencies that can move sharply against the dollar, and domestic political risk — and the underlying markets are small enough that flows move prices. Drawdowns of 40% or more are not unusual.
Compare any of these funds directly
Side-by-side metrics, holdings overlap and return correlation for any pair.