WisdomTree Emerging Markets Local Debt Fund
$28.12−0.03 (−0.11%)
- 0.55%
- $138M
- +4.5%
- 6.18%
- 0M sh
- $28.14
- low $27.12high $30.29
The ETF.net ELD Grade
C
Score 54 out of 100
- 4 of 7
Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C46 out of 100Rank 4 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A73 out of 100Rank 5 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 6 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 3 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C43 out of 100Rank 5 of 7
Our read on ELD
CMost emerging-market local-debt ETFs clone the J.P. Morgan GBI-EM index. ELD treats it as a scorecard instead: a 2010-vintage active fund picking its own mix of local-currency government bonds.
The Fund seeks high total returns combining income and capital appreciation. Its strategy is to pursue that objective primarily through debt denominated in emerging-market local currencies.
Why people hold it
- The benchmark is a yardstick, not a blueprint. An active mandate lets managers lean into or away from countries the index weights by rule.
- Co-managed by WisdomTree and Mellon Investments, so an outside bond shop's credit and currency work sits behind the portfolio.investing.com
- Spreads exposure across a couple hundred positions and every major EM region: Latin America, Asia, Europe, Africa and the Middle East.
- Income lands monthly rather than quarterly, and the mandate targets both yield and price appreciation from local-currency debt.
Worth knowing
- At 0.55%, the fee is category-median but well above the 0.30% charged by index trackers EMLC and LEMB. Active calls have to cover that gap.
- It trades far less than the category's heavyweights, so wider bid-ask spreads are more likely, especially in size or in a jumpy market.
- Currency is unhedged. Returns ride local rates and EM currencies against the dollar, which can cut both ways.wisdomtree.com
ELD Holdings
- Bonds
- 231
- 20%
- Tri-Party Citigroup Global Markets
Geography
- China13.10%
- Brazil10.00%
- Indonesia8.28%
- South Africa7.98%
- Mexico6.85%
- Colombia6.80%
- United States5.74%
- Hungary5.46%
- 35.80%
Developed 1% · Emerging 99%
ELD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
ELD$10,445
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ELD |
|---|---|
| Year to date | +0.9% |
| 1 month | −1.8% |
| 3 months | −1.2% |
| 1 year | +4.5% |
| 3 years | +8.9% |
| 5 years | +3.4% |
| 10 years | +2.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ELD |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +21.8% | |
| 2024 | −4.6% | |
| 2023 | +14.3% | |
| 2022 | −9.2% | |
| 2021 | −9.7% | |
| 2020 | +1.8% |
ELD in the news
ELD Dividends
- 6.18%
- $1.74
- $0.15 per share
- Monthly
Distribution history
ELD Risk
- 8.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.41
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ELD Cost
0.55%
ELD0.55%
- The middle half of Emerging Markets Bonds (Local Currency) funds
- Median 0.55%
3 of the 7 Emerging Markets Bonds (Local Currency) funds charge less.
Other funds in Emerging Markets Bonds (Local Currency)
- ALEMBiShares J.P. Morgan EM Local Currency Bond ETFExpense ratio 0.30%1 year return +6.1%
- BEMBXVanEck Emerging Markets Bond ETFExpense ratio 0.65%1 year return +6.2%
- CFEMBFirst Trust Emerging Markets Local Currency Bond ETFExpense ratio 0.85%1 year return +5.7%
- DCBONVanEck China Bond ETFExpense ratio 0.50%1 year return +9.6%
- DGAEMSimplify Gamma Emerging Market Bond ETFExpense ratio 0.96%1 year return +4.7%