- ISIN
- US97717X8671
- CUSIP
- 97717X867
- Issuer
- WisdomTree
- Inception Date
- Aug 9, 2010
- Region
- Emerging Markets (Broad)
- Category
- Emerging Markets Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $138M
Share Price Chart
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Performance
ELD Performance Chart
WisdomTree Emerging Markets Local Debt Fund (ELD) is up 0.8% since the beginning of the year. ELD is currently trading at $29 per share. Investors who bought $1,000 worth of ELD shares 5 years ago would now be looking at an investment worth $1,146.
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Returns By Period
WisdomTree Emerging Markets Local Debt Fund (ELD) has returned 0.81% so far this year and 10.18% over the past 12 months. Over the last ten years, ELD has returned 2.85% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
WisdomTree Emerging Markets Local Debt Fund
- 1D
- -0.97%
- 1M
- 0.80%
- YTD
- 0.81%
- 6M
- 1.76%
- 1Y
- 10.18%
- 3Y*
- 6.94%
- 5Y*
- 2.77%
- 10Y*
- 2.85%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ELD Monthly Returns History
Based on dividend-adjusted daily data since Aug 9, 2010, ELD's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.
Historically, 54% of months were positive and 46% were negative. The best month was Mar 2016 with a return of +9.0%, while the worst month was Mar 2020 at -13.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, ELD closed higher 51% of trading days. The best single day was Apr 7, 2020 with a return of +5.1%, while the worst single day was Mar 18, 2020 at -7.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.11% | 1.33% | -6.54% | 4.11% | -0.19% | 0.31% | 0.81% | ||||||
| 2025 | 2.38% | 0.97% | 3.49% | 0.95% | 1.65% | 3.22% | -1.21% | 3.22% | 2.19% | -0.32% | 1.57% | 1.86% | 21.77% |
| 2024 | -1.10% | -0.69% | 0.61% | -3.03% | 1.87% | -1.22% | 1.38% | 2.60% | 3.28% | -4.91% | -0.60% | -2.52% | -4.56% |
| 2023 | 5.75% | -3.89% | 4.41% | 0.23% | -0.67% | 3.61% | 3.44% | -2.96% | -3.98% | -0.87% | 5.33% | 3.76% | 14.29% |
| 2022 | -0.07% | -4.94% | -0.58% | -5.69% | 2.70% | -4.09% | 1.51% | 0.56% | -6.04% | -0.33% | 6.63% | 1.46% | -9.25% |
| 2021 | -2.10% | -2.40% | -2.55% | 1.77% | 2.31% | -1.03% | -0.40% | 0.42% | -3.07% | -1.13% | -2.91% | 1.07% | -9.75% |
Benchmark Metrics
WisdomTree Emerging Markets Local Debt Fund has an annualized alpha of -1.49%, beta of 0.25, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since August 09, 2010.
- This ETF participated in 61.27% of S&P 500 Index downside but only 30.97% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.25 may look defensive, but with R2 of 0.16 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.16 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.49%
- Beta
- 0.25
- R²
- 0.16
- Upside Capture
- 30.97%
- Downside Capture
- 61.27%
Expense Ratio
ELD has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ELD ranks 33 for risk / return — below 33% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree Emerging Markets Local Debt Fund (ELD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 2.78 | -1.35 |
| Martin ratioReturn relative to average drawdown | 4.85 | 12.44 | -7.59 |
Dividends
Dividend History
WisdomTree Emerging Markets Local Debt Fund provided a 5.82% dividend yield over the last twelve months, with an annual payout of $1.67 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.67 | $1.57 | $1.46 | $1.36 | $1.37 | $1.49 | $1.64 | $1.77 | $2.11 | $1.80 | $1.74 | $1.91 |
Dividend yield | 5.82% | 5.38% | 5.75% | 4.85% | 5.29% | 4.98% | 4.70% | 4.92% | 6.30% | 4.68% | 4.86% | 5.57% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Emerging Markets Local Debt Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.00 | $0.73 | ||||||
| 2025 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.14 | $0.15 | $0.15 | $0.15 | $1.57 |
| 2024 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $1.46 |
| 2023 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.12 | $1.36 |
| 2022 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.11 | $0.11 | $0.11 | $1.37 |
| 2021 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Emerging Markets Local Debt Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Emerging Markets Local Debt Fund was 31.92%, occurring on Jan 20, 2016. Recovery took 2489 trading sessions.
The current WisdomTree Emerging Markets Local Debt Fund drawdown is 2.68%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2016 bear market2016 | -31.92%Jan 2016 | 2y 8mo | 9y 10mo | 12y 7moMay 2013 - Dec 2025 |
2011 correction2011 | -12.91%Sep 2011 | 1mo 21d | 11mo 27d | 1y 1moAug 2011 - Sep 2012 |
2026 pullback2026 | -7.15%Mar 2026 | 1mo 8d | — | 4mo 6dFeb 2026 - now |
2011 pullback2011 | -5.51%Jan 2011 | 2mo 24d | 2mo 10d | 5mo 4dNov 2010 - Apr 2011 |
2011 pullback2011 | -2.42%May 2011 | 14d | 1mo 16d | 2moMay 2011 - Jul 2011 |
Drawdown Indicators
| ELD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.92% | -56.78% | +24.86% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -9.10% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -10.89% | -18.90% | +8.01% |
Max Drawdown (5Y)Largest decline over 5 years | -22.06% | -25.43% | +3.37% |
Max Drawdown (10Y)Largest decline over 10 years | -25.15% | -33.92% | +8.77% |
Current DrawdownCurrent decline from peak | -2.68% | -1.80% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -13.28% | -10.71% | -2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.03% | +0.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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