WisdomTree Emerging Markets Local Debt Fund (ELD) Performance
ELD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.8% since Dec 31, 2025
- 1 year
- +4.0% total return
- 5 years
- +3.4% a year
- 10 years
- +2.3% a year
- Since first price
- +1.3% a year since 2010
ELD trailing returns vs AGG, TLT, SPY
| Period | ELD total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.6% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.6% | −0.9% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.2% | −2.8% | −1.5% | −3.8% | +7.8% |
| YTD | +0.8% | −3.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +4.0% | −2.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +28.6%+8.8%/yr | +8.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +18.3%+3.4%/yr | −9.7% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +25.6%+2.3%/yr | −25.7% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +18.2%+1.1%/yr | −43.3% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionAug 9, 2010 | +22.6%+1.3%/yr | −44.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ELD vs AGG
From Aug 9, 2010: ELD grew to $12,261, AGG to $13,995.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ELD returns by calendar year
7 of 15 full years positive. Best 2025 (+21.8%), worst 2015 (−13.4%). 2026 is year to date.
ELD annual returns table
| Year | ELD | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.8% | −7.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +21.8% | −4.8% | +7.2% | +4.3% | +17.7% |
| 2024 | −4.6% | −8.5% | +1.3% | −8.1% | +24.9% |
| 2023 | +14.3% | −10.9% | +5.7% | +2.8% | +26.2% |
| 2022 | −9.3% | −18.2% | −13.0% | −31.2% | −18.2% |
| 2021 | −9.7% | −11.7% | −1.8% | −4.6% | +28.7% |
| 2020 | +1.8% | −23.4% | +7.5% | +18.2% | +18.3% |
| 2019 | +12.9% | −5.2% | +8.5% | +14.1% | +31.2% |
| 2018 | −7.5% | −17.6% | +0.1% | −1.6% | −4.6% |
| 2017 | +12.7% | −4.8% | +3.6% | +9.2% | +21.7% |
| 2016 | +9.5% | −8.5% | +2.4% | +1.2% | +12.0% |
| 2015 | −13.4% | −16.6% | +0.5% | −1.8% | +1.2% |
| 2014 | −5.9% | −14.0% | +6.0% | +27.3% | +13.5% |
| 2013 | −10.8% | −15.4% | −2.0% | −13.4% | +32.3% |
| 2012 | +14.4% | −7.6% | +3.8% | +2.6% | +16.0% |
| 2011 | −2.2% | −12.9% | +7.7% | +34.0% | +1.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ELD largest drawdowns
Now 2.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 8, 2013 | −31.9% | Jan 20, 2016 | Dec 11, 2025 | 2.7 years | 12.6 years |
| Aug 1, 2011 | −12.9% | Sep 22, 2011 | Sep 13, 2012 | 52 days | 1.1 years |
| Feb 13, 2026 | −7.1% | Mar 27, 2026 | Aug 25, 2026 | 42 days | 6 months |
| Nov 4, 2010 | −5.5% | Jan 28, 2011 | Apr 8, 2011 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
ELD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +7.9% | +3.2% | +2.1% | +1.2% |
| Volatility (annualized) | 8.7% | 10.4% | 10.9% | 11.1% |
| Sharpe ratio | 0.42 | 0.00 | 0.04 | 0.04 |
| Sortino ratio | 0.59 | 0.01 | 0.06 | 0.05 |
| Best month | +5.3% | +6.6% | +8.5% | +8.9% |
| Worst month | −6.5% | −6.5% | −12.9% | −12.9% |
| Best 12 months | +21.9% | +21.9% | +21.9% | +21.9% |
| Worst 12 months | −4.6% | −18.3% | −18.3% | −20.0% |
| Positive months | 64% | 57% | 55% | 54% |
| Beta vs S&P 500 | 0.36 | 0.41 | 0.40 | — |
| Correlation with S&P 500 | 0.51 | 0.62 | 0.56 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ELD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 183 | −20.0% | +1.8% | +21.9% | 57% |
| 3-year (a year) | 159 | −10.2% | −0.1% | +11.6% | 47% |
| 5-year (a year) | 135 | −4.0% | −0.4% | +5.6% | 44% |
| 10-year (a year) | 75 | −2.9% | −0.2% | +4.0% | 43% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
ELD performance overview
WisdomTree Emerging Markets Local Debt Fund (ELD) returned +4.0% over the past year and +2.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +1.3% a year, turning $10,000 into about $12,261. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −31.9%, from May 8, 2013 to Jan 20, 2016, and it took 9.9 years to get back to the old high. ELD finished 7 of its 15 full calendar years with a gain; the best year was 2025 (+21.8%) and the worst 2015 (−13.4%). Volatility has been 11.1% a year.
Related: ELD chart, ELD dividends, ELD bond profile. See the ELD overview for the latest quote and fund facts.
ELD performance FAQ
What is the ELD return over the past year?
ELD returned +4.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.1%.
What is the average annual return of ELD?
ELD has returned +3.4% a year over 5 years, +2.3% a year over 10 years, +1.3% a year since August 9, 2010 (total return, distributions reinvested).
How much would $10,000 invested in ELD be worth?
$10,000 invested in ELD at its first recorded close on August 9, 2010 would be worth about $12,261 on October 23, 2026 with distributions reinvested.
What was the worst year for ELD?
The worst calendar year was 2015, with a total return of −13.4%. The best was 2025 at +21.8%.
What is the biggest drawdown of ELD?
The largest peak-to-trough decline was −31.9% between May 8, 2013 and January 20, 2016. It recovered to the old high on December 11, 2025, 9.9 years after the bottom.
How volatile is ELD?
Over the past 3 years ELD had an annualized volatility of 8.7% and a Sharpe ratio of 0.42 (excess return over 1–3 month T-bills per unit of risk).