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 16 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%	42.78M	Feb 2023	ELD vs BEMB
EMHC	SPDR Bloomberg Emerging Markets USD Bond ETF	0.23%	266.45M	Apr 2021	ELD vs EMHC
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	0.29%	948.98M	Jun 2022	ELD vs XEMD
EMLC	VanEck Vectors J.P. Morgan EM Local Currency Bond ...	0.30%	4.87B	Jul 2010	ELD vs EMLC

Best Risk-Adjusted Alternatives to ELD

ELD has a PortfoliosLab risk / return rank of 32. There are 21 ETFs in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	91	27.50M	Dec 2022	ELD vs VEMY
CBON	VanEck Vectors ChinaAMC China Bond ETF	89	23.78M	Nov 2014	ELD vs CBON
GAEM	Simplify Gamma Emerging Market Bond ETF	86	41.32M	Aug 2024	ELD vs GAEM
XEMD	BondBloxx JP Morgan USD Emerging Markets 1-10 Year...	79	948.98M	Jun 2022	ELD vs XEMD
KHYB	KraneShares Asia Pacific High Income Bond ETF	78	15.78M	Jun 2018	ELD vs KHYB

Top Performing ELD Alternatives (YTD)

ELD is at 0.51% YTD. There are 22 ETFs in the Emerging Markets Bonds category with higher YTD returns, going as high as 6.35%.

Symbol	Name	YTD Return	AUM	Inception
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	6.35%	27.50M	Dec 2022	ELD vs VEMY
CBON	VanEck Vectors ChinaAMC China Bond ETF	4.99%	23.78M	Nov 2014	ELD vs CBON
GAEM	Simplify Gamma Emerging Market Bond ETF	4.21%	41.32M	Aug 2024	ELD vs GAEM
BREM	iShares Emerging Markets Bond Active ETF	3.77%	38.74M	Oct 2025	ELD vs BREM
NEMD	Neuberger Berman Emerging Markets Debt Hard Curren...	3.64%	136.81M	Sep 2013	ELD vs NEMD

Lowest Volatility Alternatives to ELD

ELD has 8.55% 1-year volatility. There are 23 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%	80.27M	Apr 2016	ELD vs EMTL
KHYB	KraneShares Asia Pacific High Income Bond ETF	3.44%	15.78M	Jun 2018	ELD vs KHYB
CBON	VanEck Vectors ChinaAMC China Bond ETF	3.44%	23.78M	Nov 2014	ELD vs CBON
EMCB	WisdomTree Emerging Markets Corporate Bond Fund	3.79%	99.72M	Mar 2012	ELD vs EMCB
BEMB	Ishares J.P. Morgan Broad USD Emerging Markets Bon...	4.35%	42.78M	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%	23.78M	Nov 2014	ELD vs CBON
EMTL	SPDR DoubleLine Emerging Markets Fixed Income ETF	-2.00%	80.27M	Apr 2016	ELD vs EMTL
EMCB	WisdomTree Emerging Markets Corporate Bond Fund	-3.07%	99.72M	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%	41.32M	Aug 2024	ELD vs GAEM

Other ETFs from WisdomTree

The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 13 categories. AUM among these funds goes as high as $17B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
USFR	WisdomTree Floating Rate Treasury Fund	Government Bonds, Ultrashort Bond	100	1.82%	17.46B	Feb 2014	ELD vs USFR
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	Dividend, Large Cap Growth Equities	48	6.36%	16.61B	May 2013	ELD vs DGRW
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fun...	Gold, Precious Metals	34	-0.50%	525.87M	Mar 2022	ELD vs GDE
DXJ	WisdomTree Japan Hedged Equity Fund	Japan Equities	90	20.23%	7.20B	Jun 2006	ELD vs DXJ
NTSX	WisdomTree U.S. Efficient Core Fund	Diversified Portfolio	50	6.46%	1.38B	Aug 2018	ELD vs NTSX
DHS	WisdomTree US High Dividend Fund	Large Cap Value Equities, Dividend	72	12.61%	1.47B	Jun 2006	ELD vs DHS
EPI	WisdomTree India Earnings Fund	Emerging Markets Equities, Asia Pacific Equities	5	-7.84%	2.20B	Feb 2008	ELD vs EPI
QGRW	WisdomTree U.S. Quality Growth Fund	Large Cap Growth Equities	41	9.19%	2.58B	Dec 2022	ELD vs QGRW
GDMN	WisdomTree Efficient Gold Plus Gold Miners Strateg...	Commodities, Gold, Precious Metals	24	-17.89%	170.46M	Dec 2021	ELD vs GDMN
WTV	WisdomTree U.S. Value Fund	Mid Cap Value Equities, Large Cap Value Equities	61	10.06%	2.92B	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EBND	SPDR Bloomberg Barclays Emerging Markets Local Bon...	Emerging Markets Bonds	20	-0.23%	2.29B	Feb 2011	ELD vs EBND
PCY	Invesco Emerging Markets Sovereign Debt ETF	Emerging Markets Bonds	58	2.69%	1.42B	Oct 2007	ELD vs PCY
FEMB	First Trust Emerging Markets Local Currency Bond E...	Emerging Markets Bonds	32	0.58%	354.94M	Nov 2014	ELD vs FEMB
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	22	7.76%	—	Apr 2007	ELD vs EDD
BND	Vanguard Total Bond Market ETF	Total Bond Market	32	0.49%	394.40B	Apr 2007	ELD vs BND
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	30	8.20%	3.27B	Oct 2012	ELD vs SPHD
CMF	iShares California Muni Bond ETF	Municipal Bonds	68	1.21%	4.48B	Oct 2007	ELD vs CMF
ECC	Eagle Point Credit Company Inc		26	-6.18%	—	—	ELD vs ECC
CEW	WisdomTree Emerging Currency Strategy Fund	Currency	37	2.22%	15.57M	May 2009	ELD vs CEW
DBELX	DoubleLine Emerging Markets Local Currency Bond Fu...	Emerging Markets Bonds	32	2.07%	—	Jun 2019	ELD vs DBELX
FSEDX	Fidelity Series Emerging Markets Debt Local Curren...	Emerging Markets Bonds	30	1.37%	—	Jan 2021	ELD vs FSEDX
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	ELD vs SPY
EMBD	Global X Emerging Markets Bond ETF	Emerging Markets Bonds	52	1.70%	257.18M	Jun 2020	ELD vs EMBD
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock/Convertible Bonds	10	-2.88%	70.31M	May 2016	ELD vs EPRF
WIP	SPDR FTSE International Government Inflation-Prote...	Inflation-Protected Bonds	21	2.25%	521.68M	Mar 2008	ELD vs WIP
MTBA	Simplify MBS ETF	Mortgage Backed Securities	39	-0.06%	1.55B	Nov 2023	ELD vs MTBA
DVYE	iShares Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	51	6.75%	1.21B	Feb 2012	ELD vs DVYE
EMBX	VanEck Emerging Markets Bond ETF	Emerging Markets Bonds	71	3.35%	239.29M	Oct 2025	ELD vs EMBX
FLBR	Franklin FTSE Brazil ETF	Latin America Equities	34	12.86%	528.97M	Nov 2017	ELD vs FLBR
LEMB	iShares J.P. Morgan EM Local Currency Bond ETF	Emerging Markets Bonds	37	1.61%	720.34M	Oct 2011	ELD vs LEMB

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