iShares Latin America 40 ETF drawdown: 38.5% below the all-time high (price)
IShares Latin America 40 ETF is 38.5% below its all-time high, set May 19, 2008 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −38.5%
- 61.5% of ATH
- All-time high
- $61.02
- May 19, 2008
- Time below the high
- 18.4 yrs
- since May 19, 2008
- Worst-ever drawdown
- −74.4%
- Mar 23, 2020
- Longest underwater
- 18.4 yrs
- between all-time highs
- Today's level first reached
- Apr 10, 2007
- 19.5 yrs ago
- Last time this deep
- Mar 5, 2003
- in a previous episode
% of all-time high since 2001: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 19, 2008 | Mar 23, 2020 | −74.4% | 11.8 yrs | not yet | 18.4 yrs+ |
| Apr 17, 2002 | Sep 30, 2002 | −42.0% | 5 mo | Dec 1, 2003 | 1.6 yrs |
| May 9, 2006 | Jun 13, 2006 | −29.8% | 35 days | Nov 29, 2006 | 7 mo |
| Apr 5, 2004 | May 10, 2004 | −22.8% | 35 days | Sep 16, 2004 | 5 mo |
| Jul 23, 2007 | Aug 16, 2007 | −22.3% | 24 days | Sep 26, 2007 | 2 mo |
| Oct 31, 2007 | Jan 17, 2008 | −18.7% | 3 mo | Feb 26, 2008 | 4 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2001: how far iShares Latin America 40 ETF stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is iShares Latin America 40 ETF from its all-time high?
- iShares Latin America 40 ETF is currently 38.5% below its all-time high, set May 19, 2008 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest iShares Latin America 40 ETF drawdown ever?
- The deepest decline on record in our data (since 2001) took iShares Latin America 40 ETF 74.4% below its prior high, bottoming Mar 23, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from ILF; no free deep history exists for iShares Latin America 40 ETF — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.