Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
ELD
Upturn stock ratingUpturn stock rating

WisdomTree Emerging Markets Local Debt Fund (ELD)

Upturn stock ratingUpturn stock rating
$28.81
Last Close (24-hour delay)
Profit since last BUY9.54%
upturn advisory
Consider higher Upturn Star rating
BUY since 111 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/01/2025: 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 11.06%
Avg. Invested days 58
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 10/01/2025

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

ai summary icon Upturn AI SWOT

WisdomTree Emerging Markets Local Debt Fund

stock logo

ETF Overview

overview logo Overview

The WisdomTree Emerging Markets Local Debt Fund (ELD) seeks to track the performance, before fees and expenses, of the Bloomberg Emerging Markets Local Currency Government Select Index. It invests primarily in emerging market government bonds denominated in local currencies, aiming to capture both income and currency appreciation.

reliability logo Reputation and Reliability

WisdomTree is a well-established ETF issuer known for its innovative weighting methodologies and focus on income-generating strategies.

reliability logo Management Expertise

WisdomTree has a dedicated investment team with experience in managing emerging market debt strategies.

Investment Objective

overview logo Goal

To track the performance, before fees and expenses, of the Bloomberg Emerging Markets Local Currency Government Select Index.

Investment Approach and Strategy

Strategy: The fund employs a passive management strategy, seeking to replicate the composition and weighting of its underlying index.

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

Market Position

Market Share: ELD's market share within the emerging market local currency debt ETF category is moderate, facing competition from larger funds.

Total Net Assets (AUM): 66901000

Competitors

overview logo Key Competitors

  • ISHG
  • EMLC
  • LEMB

Competitive Landscape

The competitive landscape is dominated by a few large players like iShares (ISHG) and VanEck (EMLC). ELD differentiates itself through WisdomTree's specific index construction methodology. A disadvantage is smaller AUM and lower trading volume than its larger competitors.

Financial Performance

Historical Performance: Historical performance varies based on emerging market conditions and currency fluctuations. Data is available on the WisdomTree website and other financial data providers.

Benchmark Comparison: The ETF's performance should be compared to the Bloomberg Emerging Markets Local Currency Government Select Index to assess tracking efficiency.

Expense Ratio: 0.55

Liquidity

Average Trading Volume

The ETF's average daily trading volume indicates moderate liquidity.

Bid-Ask Spread

The bid-ask spread reflects the cost of trading and can vary depending on market conditions.

Market Dynamics

Market Environment Factors

Economic growth in emerging markets, interest rate policies of central banks, and currency fluctuations significantly impact ELD's performance.

Growth Trajectory

Growth depends on continued investor interest in emerging market debt and the overall health of emerging economies.

Moat and Competitive Advantages

Competitive Edge

ELD's competitive advantage lies in its focus on local currency emerging market debt, offering potential currency appreciation in addition to income. WisdomTree's methodology and weighting scheme, although not unique, provide a specific approach. The ETF targets investors seeking diversification and higher yields compared to developed market bonds. However, these come with increased risks associated with emerging markets and currency volatility. The ETF can play a role in a portfolio's fixed income allocation.

Risk Analysis

Volatility

ELD exhibits higher volatility compared to developed market bond ETFs due to currency fluctuations and emerging market risks.

Market Risk

Emerging market political instability, economic downturns, and changes in monetary policy pose significant risks to the fund's performance.

Investor Profile

Ideal Investor Profile

The ideal investor is one with a higher risk tolerance, seeking diversification and potentially higher yields from emerging markets, and understands the risks associated with currency fluctuations and emerging market economies.

Market Risk

ELD is suitable for long-term investors who are comfortable with emerging market risks and currency volatility. It is less suitable for risk-averse investors or those seeking short-term gains.

Summary

The WisdomTree Emerging Markets Local Debt Fund (ELD) offers exposure to emerging market government bonds denominated in local currencies. It aims to track the Bloomberg Emerging Markets Local Currency Government Select Index. The fund is suitable for investors with a higher risk tolerance seeking diversification and potentially higher yields. However, it is subject to emerging market risks and currency fluctuations. Compared to its larger competitors, ELD has lower AUM and trading volume, and it provides a way to take advantage of Emerging Markets Local Debt market.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • WisdomTree website
  • Bloomberg
  • Morningstar
  • ETF.com

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Investors should 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.