ducovest

ELD:ARCA-WisdomTree Emerging Markets Local Debt Fund (USD)

ETF | Emerging-Markets Local-Currency Bond | NYSE Arca

Last Closing

USD 26.87

Change

+0.02 (+0.07)%

Market Cap

USD 0.22B

Volume

4.10K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks a high level of total return consisting of both income and capital appreciation. The fund invests in bonds and other debt instruments ("Debt Securities") denominated in Australian or New Zealand dollars. Under normal circumstances, it will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Debt Securities. For these purposes, Debt Securities include fixed income securities, such as bonds, notes or other debt obligations, denominated in Australian or New Zealand dollars, as well as certain derivatives and other instruments described herein. It is non-diversified.

Company Website : www.wisdomtree.com

Currency: USD

Country : USA

Inception Date: 09/08/2010

Primary Benchmark: JPM GBI-EM Global Diversified TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.55%

Management Expense Ratio: 0.55 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-07 )

Largest Industry Peers for Emerging-Markets Local-Currency Bond

Symbol Name Mer Price(Change) Market Cap
EMLC VanEck J.P. Morgan EM Local Cu.. 0.31 %

+0.05 (+0.20%)

 USD 2.82B
EBND SPDR® Bloomberg Emerging Mark.. 0.41 %

-0.01 (-0.02%)

 USD 1.98B
LEMB iShares J.P. Morgan EM Local C.. 0.00 %

+0.04 (+0.10%)

 USD 0.43B
CBON VanEck China Bond ETF 0.50 %

-0.01 (-0.05%)

 USD 0.02B

ETFs Containing ELD

ZJG:CA BMO Junior Gold Index ETF 5.21 % 0.60 %

+1.03 (+0.92%)

 CAD 0.07B
HGGG:CA Harvest Global Gold Giant.. 5.14 % 0.00 %

+0.27 (+0.92%)

 CAD 0.02B
GOEX Global X Gold Explorers E.. 3.87 % 0.65 %

+0.92 (+0.92%)

 USD 0.04B
CD91:F Lyxor NYSE Arca Gold BUGS.. 3.77 % 0.00 %

+0.23 (+0.92%)

 USD 0.31B
GLDM:PA Lyxor MSCI ACWI Gold UCIT.. 3.13 % 0.00 %

-0.03 (0.92%)

 USD 0.31B
ZGD:CA BMO Equal Weight Global G.. 3.04 % 0.61 %

+1.15 (+0.92%)

 CAD 0.06B
CROP 0.00 % 0.76 %

N/A

 N/A
PDN Invesco FTSE RAFI Develop.. 0.00 % 0.49 %

+0.14 (+0.92%)

 USD 0.52B
WBAL 0.00 % 0.03 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Emerging-Markets Local-Currency Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.28% 40% F 22% F
Dividend Return 1.71% 50% F 68% D+
Total Return -2.57% 40% F 23% F
Trailing 12 Months  
Capital Gain -1.10% 100% F 29% F
Dividend Return 5.15% 75% C 69% C-
Total Return 4.05% 100% F 32% F
Trailing 5 Years  
Capital Gain -20.31% 60% D- 24% F
Dividend Return 16.83% 80% B- 63% D
Total Return -3.48% 80% B- 24% F
Average Annual (5 Year Horizon)  
Capital Gain -4.97% 60% D- 20% F
Dividend Return -1.38% 80% B- 21% F
Total Return 3.59% 80% B- 68% D+
Risk Return Profile  
Volatility (Standard Deviation) 10.10% 40% F 81% B-
Risk Adjusted Return -13.64% 80% B- 19% F
Market Capitalization 0.22B 40% F 23% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.