ELD vs. BREM
ELD (WisdomTree Emerging Markets Local Debt Fund) and BREM (iShares Emerging Markets Bond Active ETF) are both Emerging Markets Bonds funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. ELD charges 0.55%/yr vs 0.50%/yr for BREM.
Performance
ELD vs. BREM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ELD achieves a 0.51% return, which is significantly lower than BREM's 3.77% return.
ELD
- 1D
- -0.30%
- 1M
- 0.50%
- YTD
- 0.51%
- 6M
- 1.01%
- 1Y
- 9.66%
- 3Y*
- 6.83%
- 5Y*
- 2.63%
- 10Y*
- 2.82%
BREM
- 1D
- -0.20%
- 1M
- 1.52%
- YTD
- 3.77%
- 6M
- 3.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ELD vs. BREM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ELD WisdomTree Emerging Markets Local Debt Fund | 0.51% | 3.43% |
BREM iShares Emerging Markets Bond Active ETF | 3.77% | 2.80% |
Correlation
The correlation between ELD and BREM is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.55 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ELD vs. BREM — Risk / Return Rank
ELD
BREM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ELD vs. BREM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Local Debt Fund (ELD) and iShares Emerging Markets Bond Active ETF (BREM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELD | BREM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.21 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | — | — |
| Martin ratioReturn relative to average drawdown | 4.59 | — | — |
Loading charts...
Drawdowns
ELD vs. BREM - Drawdown Comparison
The maximum ELD drawdown since its inception was -31.92%, which is greater than BREM's maximum drawdown of -4.54%. Use the drawdown chart below to compare losses from any high point for ELD and BREM.
Loading charts...
Drawdown Indicators
| ELD | BREM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.92% | -4.54% | -27.38% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.89% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -25.15% | — | — |
Current DrawdownCurrent decline from peak | -2.97% | -0.58% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -13.27% | -0.63% | -12.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | — | — |
Volatility
ELD vs. BREM - Volatility Comparison
Loading charts...
Volatility by Period
| ELD | BREM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.67% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.36% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.55% | 5.61% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.96% | 5.61% | +5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.21% | 5.61% | +5.60% |
ELD vs. BREM - Expense Ratio Comparison
ELD has a 0.55% expense ratio, which is higher than BREM's 0.50% expense ratio.
Dividends
ELD vs. BREM - Dividend Comparison
ELD's dividend yield for the trailing twelve months is around 5.83%, more than BREM's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.89% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ELD WisdomTree Emerging Markets Local Debt Fund | 5.83% | 5.38% | 5.75% | 4.85% | 5.29% | 4.98% | 4.70% | 4.92% | 6.30% | 4.68% | 4.86% | 5.57% |
Frequently Asked Questions
ELD and BREM have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BREM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BREM is cheaper with a 0.50% expense ratio, compared with 0.55% for ELD.
ELD has the higher dividend yield at 5.83%, compared with 3.89% for BREM.
They also come from different issuers: WisdomTree and BlackRock. Their fees differ too: 0.55% for ELD and 0.50% for BREM.
Find the right allocation for ELD and BREM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer