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WisdomTree Emerging Markets Local Debt Fund

ELD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 09 2010
Expense Ratio
0.55%
Type
Global Ex. US Bonds
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$475,321
AUM
$93,195,229
Associated Index
JP Morgan GBI-EM Global Diversified Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

n/a
Citi Triparty Repo WisdomTree
7.35%
n/a
Yuan Renminbi
5.54%
n/a
Letra Tesouro Nacional 1/1/2024
2.20%
EI72
European Investment Bank - 7.50% BD REDEEM 30/07/2023 MXN 1000 - Ser 2330 Reg S
1.65%
76WT
Intl Fin 7 % Euro Medium Term Notes 2017-20.07.27
1.56%
n/a
Letra Tesouro Nacional 7/1/2024
1.37%
R2030
South Africa 8 % Regd.Notes 2013-31.1.30 R2030
1.31%
n/a
Letra Tesouro Nacional 1/1/2026
1.27%
n/a
Malaysia Govt 3.899% 11/16/2027
1.20%
DS0726
Poland - 2.50% BD REDEEM 25/07/2026 PLN 1000
1.19%
Invest with ELD

What is ELD?

WisdomTree Emerging Markets Local Debt Fund seeks a high level of total returns consisting of both income and capital appreciation. The fund attempts to achieve its investment objective through investment in local debt denominated in the currencies of emerging market countries.

ETFs related toELD

ETFs correlated to ELD include GDEF, GJAN, EMLC

ELDWisdomTree Trust - WisdomTree Emerging Market Local Debt Fund
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
EMLCVanEck ETF Trust - VanEck J.P. Morgan EM Local Currency Bond ETF
LEMBBlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Local Currency Bond ETF
EBNDSPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
PHYDPutnam ETF Trust - Putnam ESG High Yield ETF
PCRBPutnam ETF Trust - Putnam ESG Core Bond ETF
PULTPutnam ETF Trust - Putnam ESG Ultra Short ETF
KCALSeries Portfolios Trust - Subversive Food Security ETF
CEWWisdomTree Trust - WisdomTree Emerging Currency Strategy Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.