ELD Alternatives & Similar ETFs

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 18 ETFs in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
VWOB	Vanguard Emerging Markets Government Bond ETF	0.15%	6.60B	May 2013	ELD vs VWOB
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bon...	0.18%	42.42M	Feb 2023	ELD vs BEMB
EMHC	SPDR Bloomberg Emerging Markets USD Bond ETF	0.23%	279.36M	Apr 2021	ELD vs EMHC
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	0.29%	948.98M	Jun 2022	ELD vs XEMD
LEMB	iShares J.P. Morgan EM Local Currency Bond ETF	0.30%	757.07M	Oct 2011	ELD vs LEMB

Best Risk-Adjusted Alternatives to ELD

ELD has a PortfoliosLab risk / return rank of 35. There are 19 ETFs in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	93	47.30M	Dec 2022	ELD vs VEMY
CBON	VanEck Vectors ChinaAMC China Bond ETF	93	23.74M	Nov 2014	ELD vs CBON
GAEM	Simplify Gamma Emerging Market Bond ETF	88	41.07M	Aug 2024	ELD vs GAEM
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	84	948.98M	Jun 2022	ELD vs XEMD
KHYB	KraneShares Asia Pacific High Income Bond ETF	81	15.67M	Jun 2018	ELD vs KHYB

Top Performing ELD Alternatives (YTD)

ELD is at 1.41% YTD. There are 19 ETFs in the Emerging Markets Bonds category with higher YTD returns, going as high as 6.41%.

Symbol	Name	YTD Return	AUM	Inception
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	6.41%	47.30M	Dec 2022	ELD vs VEMY
CBON	VanEck Vectors ChinaAMC China Bond ETF	5.20%	23.74M	Nov 2014	ELD vs CBON
GAEM	Simplify Gamma Emerging Market Bond ETF	3.89%	41.07M	Aug 2024	ELD vs GAEM
NEMD	Neuberger Berman Emerging Markets Debt Hard Curren...	3.89%	134.51M	Sep 2013	ELD vs NEMD
BREM	iShares Emerging Markets Bond Active ETF	3.40%	38.40M	Oct 2025	ELD vs BREM

Lowest Volatility Alternatives to ELD

ELD has 8.57% 1-year volatility. There are 26 ETFs in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 2.27%.

Symbol	Name	Volatility 1Y	AUM	Inception
EMTL	SPDR DoubleLine Emerging Markets Fixed Income ETF	2.27%	68.17M	Apr 2016	ELD vs EMTL
KHYB	KraneShares Asia Pacific High Income Bond ETF	3.45%	15.67M	Jun 2018	ELD vs KHYB
CBON	VanEck Vectors ChinaAMC China Bond ETF	3.52%	23.74M	Nov 2014	ELD vs CBON
EMCB	WisdomTree Emerging Markets Corporate Bond Fund	3.65%	99.31M	Mar 2012	ELD vs EMCB
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bon...	4.31%	42.42M	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
CBON	VanEck Vectors ChinaAMC China Bond ETF	-1.34%	23.74M	Nov 2014	ELD vs CBON
EMTL	SPDR DoubleLine Emerging Markets Fixed Income ETF	-2.00%	68.17M	Apr 2016	ELD vs EMTL
EMCB	WisdomTree Emerging Markets Corporate Bond Fund	-3.07%	99.31M	Mar 2012	ELD vs EMCB
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	-3.52%	948.98M	Jun 2022	ELD vs XEMD
GAEM	Simplify Gamma Emerging Market Bond ETF	-3.61%	41.07M	Aug 2024	ELD vs GAEM

Other ETFs from WisdomTree

The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 14 categories. AUM among these funds goes as high as $18B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
USFR	WisdomTree Floating Rate Treasury Fund	Government Bonds, Ultrashort Bond	100	2.05%	17.91B	Feb 2014	ELD vs USFR
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	Dividend, Large Cap Growth Equities	53	8.61%	16.82B	May 2013	ELD vs DGRW
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fun...	Gold, Precious Metals	35	-1.12%	446.44M	Mar 2022	ELD vs GDE
DXJ	WisdomTree Japan Hedged Equity Fund	Japan Equities, Asia Pacific Equities	94	22.23%	7.14B	Jun 2006	ELD vs DXJ
NTSX	WisdomTree U.S. Efficient Core Fund	Diversified Portfolio	61	8.18%	1.37B	Aug 2018	ELD vs NTSX
DHS	WisdomTree US High Dividend Fund	Large Cap Value Equities, Dividend	83	14.96%	1.52B	Jun 2006	ELD vs DHS
EPI	WisdomTree India Earnings Fund	India Equities, Emerging Markets Equities, Asia Pacific Equities	4	-8.55%	2.08B	Feb 2008	ELD vs EPI
QGRW	WisdomTree U.S. Quality Growth Fund	Large Cap Growth Equities	44	11.85%	2.70B	Dec 2022	ELD vs QGRW
GDMN	WisdomTree Efficient Gold Plus Gold Miners Strateg...	Commodities, Gold, Precious Metals	24	-24.20%	144.00M	Dec 2021	ELD vs GDMN
WTV	WisdomTree U.S. Value Fund	Mid Cap Value Equities, Large Cap Value Equities	74	13.49%	3.08B	Feb 2007	ELD vs WTV

Often Compared With ELD

Investors most often compare ELD with EBND, PCY, EMLC. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EBND	SPDR Bloomberg Barclays Emerging Markets Local Bon...	Emerging Markets Bonds	20	0.44%	2.25B	Feb 2011	ELD vs EBND
PCY	Invesco Emerging Markets Sovereign Debt ETF	Emerging Markets Bonds	58	1.41%	1.41B	Oct 2007	ELD vs PCY
EMLC	VanEck J.P. Morgan EM Local Currency Bond ETF	Emerging Markets Bonds	34	1.46%	4.80B	Jul 2010	ELD vs EMLC
FEMB	First Trust Emerging Markets Local Currency Bond E...	Emerging Markets Bonds	33	1.97%	355.76M	Nov 2014	ELD vs FEMB
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	38	14.01%	—	Apr 2007	ELD vs EDD
BND	Vanguard Total Bond Market ETF	Total Bond Market	32	-0.17%	394.40B	Apr 2007	ELD vs BND
CMF	iShares California Muni Bond ETF	Single State Muni, Municipal Bonds	76	1.24%	4.57B	Oct 2007	ELD vs CMF
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	37	11.46%	3.29B	Oct 2012	ELD vs SPHD
ECC	Eagle Point Credit Company Inc		9	-24.30%	—	—	ELD vs ECC
CEW	WisdomTree Emerging Currency Strategy Fund	Currency	39	2.44%	15.59M	May 2009	ELD vs CEW
DBELX	DoubleLine Emerging Markets Local Currency Bond Fu...	Emerging Markets Bonds	33	2.82%	—	Jun 2019	ELD vs DBELX
FSEDX	Fidelity Series Emerging Markets Debt Local Curren...	Emerging Markets Bonds	32	2.11%	—	Jan 2021	ELD vs FSEDX
EMBD	Global X Emerging Markets Bond ETF	Emerging Markets Bonds	52	1.51%	250.54M	Jun 2020	ELD vs EMBD
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	ELD vs SPY
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	6	-3.00%	69.05M	May 2016	ELD vs EPRF
WIP	SPDR FTSE International Government Inflation-Prote...	Inflation-Protected Bonds	26	2.05%	492.30M	Mar 2008	ELD vs WIP
MTBA	Simplify MBS ETF	Mortgage Backed Securities	40	-0.33%	1.53B	Nov 2023	ELD vs MTBA
EMBX	VanEck Emerging Markets Bond ETF	Emerging Markets Bonds	70	3.29%	245.21M	Oct 2025	ELD vs EMBX
FLBR	Franklin FTSE Brazil ETF	Latin America Equities	51	17.45%	542.95M	Nov 2017	ELD vs FLBR
DVYE	iShares Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	47	7.73%	1.20B	Feb 2012	ELD vs DVYE

Compare ELD with Any Fund or Stock

Compare ELD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

WisdomTree Emerging Markets Local Debt Fund (ELD) Alternatives