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ELD
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WisdomTree Emerging Markets Local Debt Fund (ELD)

Upturn stock ratingUpturn stock rating
$28.32
Last Close (24-hour delay)
Profit since last BUY6.71%
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Consider higher Upturn Star rating
BUY since 78 days
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Upturn Advisory Summary

08/14/2025: ELD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 8.2%
Avg. Invested days 56
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 1.05
52 Weeks Range 23.65 - 28.10
Updated Date 06/30/2025
52 Weeks Range 23.65 - 28.10
Updated Date 06/30/2025

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WisdomTree Emerging Markets Local Debt Fund

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ETF Overview

overview logo Overview

The WisdomTree Emerging Markets Local Debt Fund (ELD) seeks to provide current income by investing in emerging market local debt. It focuses on sovereign and quasi-sovereign debt denominated in local currencies, offering exposure to emerging market economies and their currencies.

reliability logo Reputation and Reliability

WisdomTree is a well-regarded ETF provider known for its innovative and strategically focused investment products.

reliability logo Management Expertise

WisdomTree has a team of experienced professionals specializing in international and fixed-income investments.

Investment Objective

overview logo Goal

To achieve current income by investing in emerging market local currency denominated debt.

Investment Approach and Strategy

Strategy: The fund does not track a specific index directly, but utilizes a rules-based approach to select and weight securities based on factors such as currency exposure and interest rate sensitivity.

Composition The ETF holds a portfolio of emerging market government and quasi-government bonds denominated in their local currencies.

Market Position

Market Share: Data unavailable to calculate precise market share.

Total Net Assets (AUM): 66887572

Competitors

overview logo Key Competitors

  • EMLC
  • PCY
  • VWOB

Competitive Landscape

The emerging market local currency debt ETF space is competitive, with several well-established funds. ELD differentiates itself through its weighting methodology and active currency management. Competitors may offer broader diversification or lower expense ratios. ELD's advantages include its potential for currency appreciation and active management, while its disadvantages may include higher volatility and expense ratio.

Financial Performance

Historical Performance: Historical performance data can be retrieved from financial data providers.

Benchmark Comparison: Performance should be compared against benchmarks like the JP Morgan GBI-EM Global Diversified Index.

Expense Ratio: 0.55

Liquidity

Average Trading Volume

The average trading volume provides an indication of how easily shares of the ETF can be bought and sold. Recent average trading volume is around 50,000 shares per day.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, and it's typically low but can vary based on market conditions.

Market Dynamics

Market Environment Factors

Economic growth in emerging markets, currency fluctuations, interest rate policies of emerging market central banks, and global risk appetite all impact ELD.

Growth Trajectory

Growth trends depend on the performance of emerging market economies and their currencies. The ETF may adjust its holdings based on macroeconomic conditions and currency valuations.

Moat and Competitive Advantages

Competitive Edge

ELD's competitive edge lies in WisdomTree's active currency management strategy and its focus on local currency debt, which can provide diversification benefits. It aims to capitalize on currency appreciation in emerging markets. The fund is well managed, and focused on the local currencies of the emerging markets. This provides investors with a different focus, compared to competitors.

Risk Analysis

Volatility

Emerging market debt can be more volatile than developed market debt due to currency fluctuations and political instability.

Market Risk

The ETF is exposed to risks associated with emerging market economies, including currency risk, interest rate risk, political risk, and sovereign debt risk.

Investor Profile

Ideal Investor Profile

Investors seeking income and diversification through exposure to emerging market currencies and debt may find ELD suitable.

Market Risk

ELD may be suitable for long-term investors with a higher risk tolerance who are seeking income and potential currency appreciation.

Summary

WisdomTree Emerging Markets Local Debt Fund (ELD) provides exposure to emerging market local currency denominated debt. It aims to generate current income while potentially benefiting from currency appreciation. The fund is actively managed by WisdomTree, focusing on currency selection and weighting. It is suitable for investors with a higher risk tolerance seeking diversification and income from emerging markets. ELD is exposed to risks associated with emerging markets, including currency risk and political instability.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • WisdomTree.com
  • ETF.com
  • Morningstar.com

Disclaimers:

Data is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About WisdomTree Emerging Markets Local Debt Fund

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund seeks to achieve its investment objective through investment in bonds and other debt instruments denominated in the local currencies of emerging market countries. Under normal circumstances, it will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Local Debt. The Advisor attempts to maintain an aggregate portfolio duration of between two and ten years under normal market conditions. The fund is non-diversified.