# Portfolio overlap — ILF vs EMDM

Comparing **iShares Latin America 40 ETF** (2026-03-31) and **First Trust Bloomberg Emerging Market Democracies ETF** (2026-03-31).

- Shared positions: 8
- iShares Latin America 40 ETF covered by First Trust Bloomberg Emerging Market Democracies ETF: 0.1411048056039877006707812311
- First Trust Bloomberg Emerging Market Democracies ETF covered by iShares Latin America 40 ETF: 0.1411048056039877006707812311

## iShares Latin America 40 ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Vale S.A. SPONS ADS REPR 1 COM NPV | 0.087270 |  |
| NU Holdings Ltd/Cayman Islands | 0.084035 |  |
| ITAU UNIBANCO HLDG SA SPON ADR | 0.069339 |  |
| PETROLEO BRASIL-SP PREF  ADR DEPOSITARY RECEIPT | 0.063267 |  |
| PETROLEO BRASILEIRO SPONS ADR | 0.059056 |  |
| GRUPO MEXICO-B | 0.051007 | ✓ |
| GRUPO F BANORT-O | 0.041044 | ✓ |
| Credicorp Ltd | 0.035258 |  |
| AMERICA MOVIL-B | 0.035134 |  |
| BRADESCO-ADR | 0.029526 |  |
| B3 SA | 0.028617 | ✓ |
| FOMENTO ECON-UBD | 0.028589 | ✓ |
| CEMEX SAB-CPO | 0.026550 |  |
| WALMART DE MEXIC | 0.024050 | ✓ |
| Itausa S.A., Preference Shares | 0.024005 |  |
| WEG SA | 0.022130 | ✓ |
| SABESP | 0.022070 |  |
| Southern Copper Corporation COM USD0.01 | 0.021742 |  |
| BANCO DO BRASIL | 0.019463 | ✓ |
| American Beverage Co Ambev | 0.019009 |  |
| Sociedad Quimica y Minera de Chile S A ADR(REPR 1 PRF SER'B') | 0.017683 |  |
| AXIA ENERGIA | 0.015786 | ✓ |
| GRUPO AEROPORTUARIO PAC-ADR 0.00000000 | 0.015408 |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares | 0.014989 |  |
| BANCO DE CHILE | 0.012902 |  |
| Grupo Cibest SA SPON ADS | 0.012403 |  |
| LOCALIZA RENT A CAR SA | 0.012016 |  |
| Rede D Or Sao Luiz SA COM NPV | 0.011592 |  |
| LATAM AIRLINES GRP. SA | 0.009537 |  |
| TELEFONICA BRASIL S.A. PREF ADR | 0.009030 |  |
| ARCA CONTINENTAL | 0.008688 |  |
| Banco Santander Chile SA ADR | 0.007943 |  |
| FALABELLA SA | 0.007753 |  |
| GERDAU SA -SPON ADR DEPOSITARY RECEIPT | 0.007086 |  |
| GRUPO BIMBO-A | 0.007066 |  |
| TRUST FIBRA UNO REIT | 0.006834 |  |
| Grupo Carso SAB de CV, Series A1 | 0.006188 |  |
| ECOPETROL-SP ADR | 0.005658 |  |
| ISA SA | 0.005170 |  |
| CENCOSUD SA | 0.005156 |  |
| EMPRESAS COPEC | 0.003869 |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 0.002651 |  |
| ENEL AMERICAS SA | 0.002410 |  |
| FX Forward Contract: CLP/USD SETTLE 2026-01-22 | 0.000611 |  |
| MEXICAN NUEVO PESO | 0.000307 |  |
| MEX BOLSA IDX FUT JUN26 | 0.000061 |  |
| FX Forward Contract: BRL/USD SETTLE 2026-03-18 | 0.000043 |  |

## First Trust Bloomberg Emerging Market Democracies ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| SAMSUNG ELECTRONICS CO LTD | 0.116600 |  |
| TSMC | 0.104101 |  |
| GRUPO MEXICO-B | 0.054375 | ✓ |
| SK HYNIX INC | 0.049601 |  |
| PETROBRAS-PREF | 0.038613 |  |
| ANGLOGOLD ASHANTI PLC | 0.028877 |  |
| COMMON STOCK | 0.027900 |  |
| GRUPO F BANORT-O | 0.025178 | ✓ |
| ITAU UNIBAN-PREF | 0.024843 |  |
| OTP BANK (REG) | 0.024801 |  |
| NASPERS NPV | 0.024236 |  |
| PKN ORLEN | 0.024143 |  |
| GOLD FIELDS LTD | 0.023800 |  |
| PKOBP | 0.023237 |  |
| VALE SA | 0.022981 |  |
| FOMENTO ECON-UBD | 0.018730 | ✓ |
| CREDICORP LTD | 0.016461 |  |
| FIRSTRAND LTD | 0.015502 |  |
| PEKAO | 0.014253 |  |
| STANDARD BANK GR | 0.013984 |  |
| WALMART DE MEXIC | 0.013202 | ✓ |
| CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.013055 |  |
| HDFC BANK LTD | 0.012179 |  |
| BRADESCO SA-PREF | 0.011870 |  |
| MTN GROUP LTD | 0.011351 |  |
| BANCO SANTA-UNIT | 0.011042 |  |
| RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.009748 |  |
| WEG SA | 0.009718 | ✓ |
| ICICI BANK LTD | 0.009516 |  |
| B3 SA | 0.009215 | ✓ |
| HYUNDAI MOTOR CO | 0.008923 |  |
| ITAUSA SA - PREFERRED SHARES | 0.008341 |  |
| DELTA ELEC | 0.007888 |  |
| AXIA ENERGIA | 0.007766 | ✓ |
| HON HAI | 0.006808 |  |
| MEDIATEK | 0.006496 |  |
| BANCO DO BRASIL | 0.006288 | ✓ |
| AMBEV SA | 0.006285 |  |
| BHARTI AIRTEL LIMITED | 0.005707 |  |
| KB FINANCIAL GRO | 0.005697 |  |
| DREY-GVT CSH-I | 0.004954 |  |
| HANWHA AEROSPACE | 0.004948 |  |
| INFOSYS LTD COMMON STOCK | 0.004695 |  |
| SHINHAN FINANCIA | 0.004453 |  |
| LARSEN and TOUBRO LTD | 0.003997 |  |
| STATE BANK IND | 0.003954 |  |
| KIA CORP | 0.003755 |  |
| AXIS BK LTD | 0.003707 |  |
| ASE TECHNOLOGY H | 0.003495 |  |
| HANA FINANCIAL G | 0.003265 |  |


## Sources

- N-PORT (fund A) — accession `0001004726-26-003741` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000100472626003741/0001004726-26-003741-index.htm>
- N-PORT (fund B) — accession `0000940400-26-020524` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1364608/000094040026020524/0000940400-26-020524-index.htm>

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