This ETF offers exposure to debt of emerging markets issuers that is denominated in local currencies, making it a potentially attractive option for investors interested in diversifying fixed income exposure beyond U.S. borders. This asset class can be valuable both as a hedge against the U.S. dollar and as a means for enhancing current returns in low interest rate environments. Unlike EMB and PCY, this ETF focuses on debt denominated in the currency of the issuers, and unlike EMLC and EBND this ETF is actively managed. For emerging markets bonds exposure, ELD is a good option thanks to cost efficiency and the flexibility afforded by the active structure.
The adjacent table gives investors an individual Realtime Rating for ELD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Emerging Markets Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||2.55%|
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||4.59%|
|1% to 2%||0.0%|
|2% to 3%||3.87%|
|3% to 4%||12.95%|
|4% to 5%||7.26%|
|5% to 6%||11.16%|
|6% to 7%||12.03%|
|7% to 8%||17.25%|
|8% to 9%||8.68%|
|9% to 10%||12.2%|
|Greater Than 10%||1.34%|
|Less Than 1 Year||0.0%|
This ETF is currently available for commission free trading on the following platforms: (E*TRADE)
There are 10 other ETFs in the Emerging Markets Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of ELD relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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