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%	6.80B	May 2013	ELD vs VWOB
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bon...	0.18%	42.02M	Feb 2023	ELD vs BEMB
EMHC	SPDR Bloomberg Emerging Markets USD Bond ETF	0.23%	283.35M	Apr 2021	ELD vs EMHC
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	0.29%	843.20M	Jun 2022	ELD vs XEMD
EMLC	VanEck J.P. Morgan EM Local Currency Bond ETF	0.30%	4.80B	Jul 2010	ELD vs EMLC

Best Risk-Adjusted Alternatives to ELD

ELD has a PortfoliosLab risk / return rank of 46. There are 19 ETFs in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBON	VanEck Vectors ChinaAMC China Bond ETF	96	26.23M	Nov 2014	ELD vs CBON
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	89	49.68M	Dec 2022	ELD vs VEMY
GAEM	Simplify Gamma Emerging Market Bond ETF	87	40.62M	Aug 2024	ELD vs GAEM
KHYB	KraneShares Asia Pacific High Income Bond ETF	83	15.61M	Jun 2018	ELD vs KHYB
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	81	843.20M	Jun 2022	ELD vs XEMD

Top Performing ELD Alternatives (YTD)

ELD is at 1.41% YTD. There are 14 ETFs in the Emerging Markets Bonds category with higher YTD returns, going as high as 5.65%.

Symbol	Name	YTD Return	AUM	Inception
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	5.65%	49.68M	Dec 2022	ELD vs VEMY
CBON	VanEck Vectors ChinaAMC China Bond ETF	5.60%	26.23M	Nov 2014	ELD vs CBON
EMBX	VanEck Emerging Markets Bond ETF	3.80%	262.35M	Oct 2025	ELD vs EMBX
KHYB	KraneShares Asia Pacific High Income Bond ETF	3.58%	15.61M	Jun 2018	ELD vs KHYB
GAEM	Simplify Gamma Emerging Market Bond ETF	3.58%	40.62M	Aug 2024	ELD vs GAEM

Lowest Volatility Alternatives to ELD

ELD has 8.65% 1-year volatility. There are 25 ETFs in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 3.47%.

Symbol	Name	Volatility 1Y	AUM	Inception
KHYB	KraneShares Asia Pacific High Income Bond ETF	3.47%	15.61M	Jun 2018	ELD vs KHYB
CBON	VanEck Vectors ChinaAMC China Bond ETF	3.59%	26.23M	Nov 2014	ELD vs CBON
EMCB	WisdomTree Emerging Markets Corporate Bond Fund	3.70%	98.87M	Mar 2012	ELD vs EMCB
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bon...	4.37%	42.02M	Feb 2023	ELD vs BEMB
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	4.74%	843.20M	Jun 2022	ELD vs XEMD

Lowest Drawdown Alternatives to ELD

ELD has a 1-year max drawdown of -7.15%. There are 20 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%	26.23M	Nov 2014	ELD vs CBON
EMCB	WisdomTree Emerging Markets Corporate Bond Fund	-3.07%	98.87M	Mar 2012	ELD vs EMCB
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	-3.52%	843.20M	Jun 2022	ELD vs XEMD
GAEM	Simplify Gamma Emerging Market Bond ETF	-3.61%	40.62M	Aug 2024	ELD vs GAEM
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bon...	-3.67%	42.02M	Feb 2023	ELD vs BEMB

Other ETFs from WisdomTree

The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 15 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	2.27%	18.13B	Feb 2014	ELD vs USFR
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	Quality Factor, Dividend, Large Cap Growth Equities	59	8.57%	16.52B	May 2013	ELD vs DGRW
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fun...	Gold, Precious Metals	41	-0.84%	433.45M	Mar 2022	ELD vs GDE
DXJ	WisdomTree Japan Hedged Equity Fund	Japan Equities, Asia Pacific Equities	93	21.25%	7.17B	Jun 2006	ELD vs DXJ
NTSX	WisdomTree U.S. Efficient Core Fund	Diversified Portfolio	52	7.28%	1.34B	Aug 2018	ELD vs NTSX
DHS	WisdomTree US High Dividend Fund	Large Cap Value Equities, Dividend	91	16.66%	1.57B	Jun 2006	ELD vs DHS
EPI	WisdomTree India Earnings Fund	India Equities, Emerging Markets Equities, Asia Pacific Equities	7	-7.13%	2.01B	Feb 2008	ELD vs EPI
QGRW	WisdomTree U.S. Quality Growth Fund	Quality Factor, Large Cap Growth Equities	40	10.91%	2.68B	Dec 2022	ELD vs QGRW
GDMN	WisdomTree Efficient Gold Plus Gold Miners Strateg...	Commodities, Gold, Precious Metals	33	-22.58%	142.05M	Dec 2021	ELD vs GDMN
WTV	WisdomTree U.S. Value Fund	Mid Cap Value Equities, Large Cap Value Equities	85	14.35%	3.19B	Feb 2007	ELD vs WTV

Often Compared With ELD

Investors most often compare ELD with EBND, PCY, FEMB. These 20 comparison targets span 11 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	31	0.87%	2.26B	Feb 2011	ELD vs EBND
PCY	Invesco Emerging Markets Sovereign Debt ETF	Emerging Markets Bonds	43	-0.05%	1.38B	Oct 2007	ELD vs PCY
FEMB	First Trust Emerging Markets Local Currency Bond E...	Emerging Markets Bonds	46	2.20%	361.87M	Nov 2014	ELD vs FEMB
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	57	14.80%	—	Apr 2007	ELD vs EDD
BND	Vanguard Total Bond Market ETF	Total Bond Market	29	-0.54%	398.10B	Apr 2007	ELD vs BND
CMF	iShares California Muni Bond ETF	Municipal Bonds	68	-0.17%	4.59B	Oct 2007	ELD vs CMF
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Low Volatility	53	12.28%	4.04B	Oct 2012	ELD vs SPHD
ECC	Eagle Point Credit Company Inc		16	-22.30%	—	—	ELD vs ECC
CEW	WisdomTree Emerging Currency Strategy Fund	Currency	70	4.20%	15.59M	May 2009	ELD vs CEW
EMBD	Global X Emerging Markets Bond ETF	Emerging Markets Bonds	50	1.04%	248.02M	Jun 2020	ELD vs EMBD
DBELX	DoubleLine Emerging Markets Local Currency Bond Fu...	Emerging Markets Bonds	47	2.39%	—	Jun 2019	ELD vs DBELX
FSEDX	Fidelity Series Emerging Markets Debt Local Curren...	Emerging Markets Bonds	48	2.01%	—	Jan 2021	ELD vs FSEDX
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	ELD vs SPY
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock	7	-2.35%	68.19M	May 2016	ELD vs EPRF
NEMD	Neuberger Berman Emerging Markets Debt Hard Curren...	Emerging Markets Bonds	—	3.47%	137.00M	Sep 2013	ELD vs NEMD
MTBA	Simplify MBS ETF	Mortgage Backed Securities	37	-0.64%	1.49B	Nov 2023	ELD vs MTBA
EMTL	SPDR DoubleLine Emerging Markets Fixed Income ETF	Emerging Markets Bonds	—	—	67.06M	Apr 2016	ELD vs EMTL
WIP	SPDR FTSE International Government Inflation-Prote...	Inflation-Protected Bonds	45	3.55%	470.78M	Mar 2008	ELD vs WIP
LEMB	iShares J.P. Morgan EM Local Currency Bond ETF	Emerging Markets Bonds	55	2.43%	715.41M	Oct 2011	ELD vs LEMB
FLBR	Franklin FTSE Brazil ETF	Latin America Equities	73	21.58%	558.56M	Nov 2017	ELD vs FLBR

Compare ELD with Any Fund or Stock

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

Symbol name

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