WisdomTree Emerging Markets Local Debt Fund (ELD) belongs to the Emerging Markets Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ELD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ELD
ELD charges 0.55% annually. There are 16 ETFs in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | 0.18% | 42.64M | Feb 2023 | ELD vs BEMB | |
| Vanguard Emerging Markets Government Bond ETF | 0.20% | 6.50B | May 2013 | ELD vs VWOB | |
| SPDR Bloomberg Emerging Markets USD Bond ETF | 0.23% | 262.73M | Apr 2021 | ELD vs EMHC | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 0.29% | 921.62M | Jun 2022 | ELD vs XEMD | |
| VanEck Vectors J.P. Morgan EM Local Currency Bond ... | 0.30% | 4.88B | Jul 2010 | ELD vs EMLC |
Best Risk-Adjusted Alternatives to ELD
ELD has a PortfoliosLab risk / return rank of 34. There are 20 ETFs in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 90 | 21.37M | Dec 2022 | ELD vs VEMY | |
| VanEck Vectors ChinaAMC China Bond ETF | 89 | 23.84M | Nov 2014 | ELD vs CBON | |
| Simplify Gamma Emerging Market Bond ETF | 84 | 41.40M | Aug 2024 | ELD vs GAEM | |
| KraneShares Asia Pacific High Income Bond ETF | 79 | 15.69M | Jun 2018 | ELD vs KHYB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | 79 | 921.62M | Jun 2022 | ELD vs XEMD |
Top Performing ELD Alternatives (YTD)
ELD is at 0.74% YTD. There are 21 ETFs in the Emerging Markets Bonds category with higher YTD returns, going as high as 5.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 5.89% | 21.37M | Dec 2022 | ELD vs VEMY | |
| VanEck Vectors ChinaAMC China Bond ETF | 5.41% | 23.84M | Nov 2014 | ELD vs CBON | |
| Neuberger Berman Emerging Markets Debt Hard Curren... | 3.76% | 132.40M | Sep 2013 | ELD vs NEMD | |
| VanEck Emerging Markets Bond ETF | 3.49% | 242.06M | Oct 2025 | ELD vs EMBX | |
| Simplify Gamma Emerging Market Bond ETF | 3.26% | 41.40M | Aug 2024 | ELD vs GAEM |
Lowest Volatility Alternatives to ELD
ELD has 8.52% 1-year volatility. There are 24 ETFs in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 2.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR DoubleLine Emerging Markets Fixed Income ETF | 2.22% | 89.86M | Apr 2016 | ELD vs EMTL | |
| KraneShares Asia Pacific High Income Bond ETF | 3.40% | 15.69M | Jun 2018 | ELD vs KHYB | |
| VanEck Vectors ChinaAMC China Bond ETF | 3.45% | 23.84M | Nov 2014 | ELD vs CBON | |
| WisdomTree Emerging Markets Corporate Bond Fund | 4.16% | 99.06M | Mar 2012 | ELD vs EMCB | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | 4.26% | 42.64M | Feb 2023 | ELD vs BEMB |
Lowest Drawdown Alternatives to ELD
ELD has a 1-year max drawdown of -7.15%. There are 21 ETFs in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -1.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors ChinaAMC China Bond ETF | -1.34% | 23.84M | Nov 2014 | ELD vs CBON | |
| SPDR DoubleLine Emerging Markets Fixed Income ETF | -2.00% | 89.86M | Apr 2016 | ELD vs EMTL | |
| WisdomTree Emerging Markets Corporate Bond Fund | -3.07% | 99.06M | Mar 2012 | ELD vs EMCB | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year... | -3.52% | 921.62M | Jun 2022 | ELD vs XEMD | |
| Simplify Gamma Emerging Market Bond ETF | -3.61% | 41.40M | Aug 2024 | ELD vs GAEM |
Other ETFs from WisdomTree
The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 10 categories. AUM among these funds goes as high as $17B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | Government Bonds, Ultrashort Bond | 100 | 1.60% | 17.01B | Feb 2014 | ELD vs USFR | |
| WisdomTree U.S. Quality Dividend Growth Fund | Dividend, Large Cap Growth Equities | 60 | 9.10% | 16.64B | May 2013 | ELD vs DGRW | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | Gold | 49 | 9.79% | 576.93M | Mar 2022 | ELD vs GDE | |
| WisdomTree Japan Hedged Equity Fund | Japan Equities | 88 | 19.64% | 6.78B | Jun 2006 | ELD vs DXJ | |
| WisdomTree U.S. Efficient Core Fund | Diversified Portfolio | 60 | 8.62% | 1.34B | Aug 2018 | ELD vs NTSX | |
| WisdomTree US High Dividend Fund | Large Cap Value Equities, Dividend | 62 | 9.88% | 1.48B | Jun 2006 | ELD vs DHS | |
| WisdomTree India Earnings Fund | Asia Pacific Equities | 3 | -10.02% | 2.13B | Feb 2008 | ELD vs EPI | |
| WisdomTree U.S. Quality Growth Fund | Large Cap Growth Equities | 54 | 15.43% | 2.47B | Dec 2022 | ELD vs QGRW | |
| WisdomTree Efficient Gold Plus Gold Miners Strateg... | Commodities, Gold | 34 | -4.13% | 197.59M | Dec 2021 | ELD vs GDMN | |
| WisdomTree US Value ETF | Large Cap Value Equities | 60 | 10.52% | 2.83B | Feb 2007 | ELD vs WTV |
Often Compared With ELD
Investors most often compare ELD with EBND, PCY, FEMB. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare ELD with Any Fund or Stock
Compare ELD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ELD with funds that move differently
WisdomTree Emerging Markets Local Debt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ELD.
Explore ELD Diversifiers