DBELX vs. ELD
Compare and contrast key facts about DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and WisdomTree Emerging Markets Local Debt Fund (ELD).
DBELX is managed by DoubleLine. It was launched on Jun 27, 2019. ELD is an actively managed fund by WisdomTree. It was launched on Aug 9, 2010.
Performance
DBELX vs. ELD - Performance Comparison
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DBELX vs. ELD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DBELX DoubleLine Emerging Markets Local Currency Bond Fund | -2.91% | 20.86% | -4.37% | 12.50% | -6.99% | -9.37% | 2.61% | 0.89% |
ELD WisdomTree Emerging Markets Local Debt Fund | -3.30% | 21.77% | -4.56% | 14.29% | -9.25% | -9.75% | 1.79% | 4.28% |
Returns By Period
In the year-to-date period, DBELX achieves a -2.91% return, which is significantly higher than ELD's -3.30% return.
DBELX
- 1D
- -0.32%
- 1M
- -6.70%
- YTD
- -2.91%
- 6M
- 0.26%
- 1Y
- 12.48%
- 3Y*
- 6.49%
- 5Y*
- 2.63%
- 10Y*
- —
ELD
- 1D
- 0.47%
- 1M
- -6.54%
- YTD
- -3.30%
- 6M
- -0.28%
- 1Y
- 10.08%
- 3Y*
- 6.57%
- 5Y*
- 2.35%
- 10Y*
- 2.39%
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DBELX vs. ELD - Expense Ratio Comparison
DBELX has a 0.90% expense ratio, which is higher than ELD's 0.55% expense ratio.
Return for Risk
DBELX vs. ELD — Risk / Return Rank
DBELX
ELD
DBELX vs. ELD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and WisdomTree Emerging Markets Local Debt Fund (ELD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DBELX | ELD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 1.07 | +0.86 |
Sortino ratioReturn per unit of downside risk | 2.58 | 1.55 | +1.03 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.21 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.73 | +0.10 |
Martin ratioReturn relative to average drawdown | 8.57 | 7.27 | +1.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DBELX | ELD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.07 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.22 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.10 | +0.10 |
Correlation
The correlation between DBELX and ELD is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DBELX vs. ELD - Dividend Comparison
DBELX's dividend yield for the trailing twelve months is around 4.02%, less than ELD's 5.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBELX DoubleLine Emerging Markets Local Currency Bond Fund | 4.02% | 4.41% | 3.80% | 2.03% | 2.01% | 1.98% | 1.17% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% |
ELD WisdomTree Emerging Markets Local Debt Fund | 5.86% | 5.38% | 5.75% | 4.85% | 5.29% | 4.98% | 4.70% | 4.92% | 6.30% | 4.68% | 4.86% | 5.57% |
Drawdowns
DBELX vs. ELD - Drawdown Comparison
The maximum DBELX drawdown since its inception was -21.95%, smaller than the maximum ELD drawdown of -31.92%. Use the drawdown chart below to compare losses from any high point for DBELX and ELD.
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Drawdown Indicators
| DBELX | ELD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.95% | -31.92% | +9.97% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -7.15% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -23.56% | +3.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.15% | — |
Current DrawdownCurrent decline from peak | -6.89% | -6.64% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -13.43% | +6.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 1.70% | -0.23% |
Volatility
DBELX vs. ELD - Volatility Comparison
DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and WisdomTree Emerging Markets Local Debt Fund (ELD) have volatilities of 4.00% and 4.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBELX | ELD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 4.06% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 5.92% | -0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.65% | 9.66% | -3.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.99% | 10.83% | -3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.39% | 11.27% | -3.88% |