PortfoliosLab logo
ELD vs. PCY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ELD and PCY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

ELD vs. PCY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Local Debt Fund (ELD) and Invesco Emerging Markets Sovereign Debt ETF (PCY). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
7.47%
57.48%
ELD
PCY

Key characteristics

Sharpe Ratio

ELD:

0.49

PCY:

0.57

Sortino Ratio

ELD:

0.81

PCY:

0.86

Omega Ratio

ELD:

1.10

PCY:

1.11

Calmar Ratio

ELD:

0.34

PCY:

0.38

Martin Ratio

ELD:

1.40

PCY:

2.04

Ulcer Index

ELD:

4.22%

PCY:

3.20%

Daily Std Dev

ELD:

12.14%

PCY:

11.51%

Max Drawdown

ELD:

-31.92%

PCY:

-49.14%

Current Drawdown

ELD:

-10.64%

PCY:

-10.57%

Returns By Period

In the year-to-date period, ELD achieves a 7.63% return, which is significantly higher than PCY's 2.37% return. Over the past 10 years, ELD has underperformed PCY with an annualized return of 0.92%, while PCY has yielded a comparatively higher 1.83% annualized return.


ELD

YTD

7.63%

1M

2.70%

6M

3.38%

1Y

6.24%

5Y*

2.95%

10Y*

0.92%

PCY

YTD

2.37%

1M

-1.05%

6M

-0.40%

1Y

7.28%

5Y*

2.21%

10Y*

1.83%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ELD vs. PCY - Expense Ratio Comparison

ELD has a 0.55% expense ratio, which is higher than PCY's 0.50% expense ratio.


Expense ratio chart for ELD: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ELD: 0.55%
Expense ratio chart for PCY: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PCY: 0.50%

Risk-Adjusted Performance

ELD vs. PCY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ELD
The Risk-Adjusted Performance Rank of ELD is 5454
Overall Rank
The Sharpe Ratio Rank of ELD is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of ELD is 5858
Sortino Ratio Rank
The Omega Ratio Rank of ELD is 5151
Omega Ratio Rank
The Calmar Ratio Rank of ELD is 5151
Calmar Ratio Rank
The Martin Ratio Rank of ELD is 5151
Martin Ratio Rank

PCY
The Risk-Adjusted Performance Rank of PCY is 5959
Overall Rank
The Sharpe Ratio Rank of PCY is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of PCY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of PCY is 5858
Omega Ratio Rank
The Calmar Ratio Rank of PCY is 5454
Calmar Ratio Rank
The Martin Ratio Rank of PCY is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ELD vs. PCY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Local Debt Fund (ELD) and Invesco Emerging Markets Sovereign Debt ETF (PCY). 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.


The chart of Sharpe ratio for ELD, currently valued at 0.49, compared to the broader market-1.000.001.002.003.004.00
ELD: 0.49
PCY: 0.57
The chart of Sortino ratio for ELD, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.00
ELD: 0.81
PCY: 0.86
The chart of Omega ratio for ELD, currently valued at 1.10, compared to the broader market0.501.001.502.00
ELD: 1.10
PCY: 1.11
The chart of Calmar ratio for ELD, currently valued at 0.34, compared to the broader market0.002.004.006.008.0010.0012.00
ELD: 0.34
PCY: 0.38
The chart of Martin ratio for ELD, currently valued at 1.40, compared to the broader market0.0020.0040.0060.00
ELD: 1.40
PCY: 2.04

The current ELD Sharpe Ratio is 0.49, which is comparable to the PCY Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of ELD and PCY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.49
0.57
ELD
PCY

Dividends

ELD vs. PCY - Dividend Comparison

ELD's dividend yield for the trailing twelve months is around 5.52%, less than PCY's 6.63% yield.


TTM20242023202220212020201920182017201620152014
ELD
WisdomTree Emerging Markets Local Debt Fund
5.52%5.75%4.85%5.29%4.98%4.70%4.92%6.30%4.68%4.86%5.57%4.33%
PCY
Invesco Emerging Markets Sovereign Debt ETF
6.63%6.65%6.48%6.81%4.80%4.45%4.78%4.93%4.80%5.19%5.46%4.58%

Drawdowns

ELD vs. PCY - Drawdown Comparison

The maximum ELD drawdown since its inception was -31.92%, smaller than the maximum PCY drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for ELD and PCY. For additional features, visit the drawdowns tool.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%NovemberDecember2025FebruaryMarchApril
-10.64%
-10.57%
ELD
PCY

Volatility

ELD vs. PCY - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Local Debt Fund (ELD) is 4.48%, while Invesco Emerging Markets Sovereign Debt ETF (PCY) has a volatility of 7.62%. This indicates that ELD experiences smaller price fluctuations and is considered to be less risky than PCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2025FebruaryMarchApril
4.48%
7.62%
ELD
PCY