ETF Evaluator: WisdomTree Emerging Markets Lcl Dbt ETF (ELD) Follow This ETF

WisdomTree Emerging Markets Lcl Dbt ETF Overview

WisdomTree Emerging Markets Lcl Dbt ETF (ELD) is an actively managed Taxable Bond Emerging-Markets Local-Currency Bond exchange-traded fund (ETF). WisdomTree launched the ETF in 2010.

The investment seeks a high level of total return consisting of both income and capital appreciation. 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.

About WisdomTree Emerging Markets Lcl Dbt ETF (ELD)

There are 4 members of the management team with an average tenure of 2.41 years: Marlene Walker-Smith (2025), David Nieman (2020), William Newton (2024) and Bryan Steele (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and JPM GBI-EM Global Diversified TR USD index with a weighting of 100%. WisdomTree Emerging Markets Lcl Dbt ETF has 239 securities in its portfolio. The top 10 holdings constitute 12.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

WisdomTree Emerging Markets Lcl Dbt ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. WisdomTree Emerging Markets Lcl Dbt ETF has 89.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.9% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 89.5% (0.0% domestic bond, 89.5% foreign bond and 0.0% convertible bond). WisdomTree Emerging Markets Lcl Dbt ETF has 8.6% of the portfolio in cash.

Assets Under Management

The fund has $141 million in total assets, which is below the $1 billion average for the Emerging-Markets Local-Currency Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ELD Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Emerging Markets Lcl Dbt ETF expense ratio is average compared to funds in the Emerging-Markets Local-Currency Bond category. WisdomTree Emerging Markets Lcl Dbt ETF has an expense ratio of 0.55%, which is 15% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Emerging Markets Lcl Dbt ETF has a portfolio turnover rate of 38%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 33% for the Emerging-Markets Local-Currency Bond category.

Recently, in the month of July 2026, WisdomTree Emerging Markets Lcl Dbt ETF returned 0.3%, which earned it a grade of F, as the Emerging-Markets Local-Currency Bond category had an average return of 0.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

WisdomTree Emerging Markets Lcl Dbt ETF has a trailing yield of 5.62%, which is above the 4.31% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

WisdomTree Emerging Markets Lcl Dbt ETF Grades

Year to date, the ETF has returned 2.1%, 0.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 9.8% over the past year (grade of B), 6.1% over the past three years (grade of A) and 2.9% per year over the past five years (grade of A) and 2.5% per year over the past 10 years (grade of A).

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