Best South America ETFs: Invest in Latin American Markets
South America is home to approximately 1,751 listed companies spread across multiple exchanges, with the B3 in Brazil standing as the largest stock exchange in Latin America by both market capitalization and number of listings. The Mercado Integrado Latinoamericano (MILA) further connects the exchanges of Chile, Colombia, Mexico, and Peru into the region’s largest platform by number of issuers. For those looking to access these markets through a single trade, South America-focused ETFs bundle equities from across the continent into funds listed on major exchanges like the NYSE.
Most South America ETFs tilt heavily toward Brazil, with secondary allocations to Chile, Colombia, Peru, and Argentina. The dominant sectors in these funds are financials, materials, and energy. Notable ETFs include:
- iShares Latin America 40 ETF (ILF) — tracks the S&P Latin America 40 index, holding 40 blue-chip equities from five countries. Trading since October 2001.
- iShares MSCI Brazil ETF (EWZ) — the flagship Brazil fund, launched in July 2000, covering the country’s large-cap segment based on the MSCI Brazil 25/50 Index.
- Franklin FTSE Latin America ETF (FLLA) — a broad regional fund from Franklin Templeton tracking the FTSE Latin America RIC Capped Index.
- Global X MSCI Argentina ETF (ARGT) — an actively managed fund targeting Argentine equities.
- iShares MSCI Chile ETF (ECH) — a single-country fund focused on Chilean equities, where lithium production for electric vehicle batteries is a major economic driver.
- iShares MSCI Peru ETF (EPU) and Global X MSCI Colombia ETF (GXG) — single-country funds for smaller Latin American markets.
Smaller-cap exposure is also available through the iShares MSCI Brazil Small-Cap ETF (EWZS), which complements EWZ by targeting companies below the large-cap threshold. With a regional population exceeding 650 million, these economies are still classified as emerging markets, and the ETFs listed here reflect that mix of resource-driven exports and growing domestic consumption.
Regulated brokerThe table below lists South America-focused ETFs with live data on performance, share classes, country weightings, and distribution details.
| Stock | Price | Change % | 52 Week Range |
|---|---|---|---|
| $35.07 | 3.92% | ||
| $69.86 | 3.21% | ||
| $32.59 | 3.72% | ||
| $85.59 | 2.72% | ||
| $13.22 | 3.92% | ||
| $21.75 | 3.91% | ||
| $24.35 | 2.85% | ||
| $26.02 | 3.52% | ||
| $34.19 | 2.87% | ||
| $29.41 | 0.54% | ||
| $16.50 | 4.77% | ||
| $11.52 | 0.17% | ||
| $30.02 | 3.41% |
