ELD vs IVV
WisdomTree Emerging Markets Local Debt Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | ELD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $143M | $907.0B | |
| Dividend Yield | 5.98% | 1.10% | |
| Holdings | 235 | 508 | |
| YTD Return | +2.50% | +14.29% | |
| 1Y Return | +8.19% | +21.79% | |
| 3Y Return (annualized) | +7.55% | +22.19% | |
| 5Y Return (annualized) | +3.19% | +13.28% | |
| Volatility (annualized) | 11.1% | 15.1% | |
| Max Drawdown | -52.2% | -56.5% | |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 9, 2010 | May 15, 2000 |
ELD vs IVV Performance
WisdomTree Emerging Markets Local Debt Fund (ELD) is a ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ELD returned +8.19% while IVV returned +21.79%. Year to date, ELD is up 2.50% versus a gain of 14.29% for IVV.
Over three years, ELD compounded at +7.55% per year against +22.19% for IVV; over five years the annualized figures are +3.19% and +13.28% respectively. Across the full 16-year window we track, IVV has the edge at +7.06% annualized vs -1.69%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.1% for ELD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -52.2% for ELD and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ELD charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, ELD currently yields 5.98% against 1.10% for IVV.
Holdings Overlap
ELD and IVV share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ELD or IVV?
ELD has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, ELD or IVV?
Over the past year ELD returned +8.19% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (16 years), ELD annualized -1.69% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, ELD or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 11.1% for ELD. Worst drawdown: ELD -52.2% vs IVV -56.5%.
Should I hold both ELD and IVV?
ELD and IVV have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ELD and IVV?
ELD and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, ELD or IVV?
ELD yields 5.98% while IVV yields 1.10%, so ELD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.