ELD vs. DBELX
Compare and contrast key facts about WisdomTree Emerging Markets Local Debt Fund (ELD) and DoubleLine Emerging Markets Local Currency Bond Fund (DBELX).
ELD is an actively managed fund by WisdomTree. It was launched on Aug 9, 2010. DBELX is managed by DoubleLine. It was launched on Jun 27, 2019.
Performance
ELD vs. DBELX - Performance Comparison
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ELD vs. DBELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ELD WisdomTree Emerging Markets Local Debt Fund | -3.30% | 21.77% | -4.56% | 14.29% | -9.25% | -9.75% | 1.79% | 4.28% |
DBELX DoubleLine Emerging Markets Local Currency Bond Fund | -2.91% | 20.86% | -4.37% | 12.50% | -6.99% | -9.37% | 2.61% | 0.89% |
Returns By Period
In the year-to-date period, ELD achieves a -3.30% return, which is significantly lower than DBELX's -2.91% return.
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%
DBELX
- 1D
- -0.32%
- 1M
- -6.70%
- YTD
- -2.91%
- 6M
- 0.26%
- 1Y
- 12.48%
- 3Y*
- 6.49%
- 5Y*
- 2.63%
- 10Y*
- —
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ELD vs. DBELX - Expense Ratio Comparison
ELD has a 0.55% expense ratio, which is lower than DBELX's 0.90% expense ratio.
Return for Risk
ELD vs. DBELX — Risk / Return Rank
ELD
DBELX
ELD vs. DBELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Local Debt Fund (ELD) and DoubleLine Emerging Markets Local Currency Bond Fund (DBELX). 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.
| ELD | DBELX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 1.93 | -0.86 |
Sortino ratioReturn per unit of downside risk | 1.55 | 2.58 | -1.03 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.38 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.83 | -0.10 |
Martin ratioReturn relative to average drawdown | 7.27 | 8.57 | -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
| ELD | DBELX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.93 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.38 | -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 | 0.10 | 0.20 | -0.10 |
Correlation
The correlation between ELD and DBELX 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
ELD vs. DBELX - Dividend Comparison
ELD's dividend yield for the trailing twelve months is around 5.86%, more than DBELX's 4.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
ELD vs. DBELX - Drawdown Comparison
The maximum ELD drawdown since its inception was -31.92%, which is greater than DBELX's maximum drawdown of -21.95%. Use the drawdown chart below to compare losses from any high point for ELD and DBELX.
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Drawdown Indicators
| ELD | DBELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.92% | -21.95% | -9.97% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -6.89% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -23.56% | -19.87% | -3.69% |
Max Drawdown (10Y)Largest decline over 10 years | -25.15% | — | — |
Current DrawdownCurrent decline from peak | -6.64% | -6.89% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -13.43% | -7.33% | -6.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 1.47% | +0.23% |
Volatility
ELD vs. DBELX - Volatility Comparison
WisdomTree Emerging Markets Local Debt Fund (ELD) and DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) have volatilities of 4.06% and 4.00%, 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
| ELD | DBELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 4.00% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.92% | 5.24% | +0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.66% | 6.65% | +3.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.83% | 6.99% | +3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.27% | 7.39% | +3.88% |