Thoughts on EM currency hedging for smaller portfolios?

Hey everyone, still trying to get my head around all the moving parts in EM. I've been looking at some LatAm equities, particularly in countries with significant currency volatility. For larger institutional players, hedging currency risk is standard, but for us retail guys with smaller portfolios, the cost and complexity of FX forwards or options can eat into potential gains pretty quickly. I'm wondering if anyone here bothers with active currency hedging on individual EM equity positions, or if it's more common to just factor the currency into the overall risk assessment and accept the exposure? Trying to figure out if I'm missing a simpler approach or if it's just part of the game.