ELD vs VOO
WisdomTree Emerging Markets Local Debt Fund vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | ELD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $143M | $997.4B | |
| Dividend Yield | 5.98% | 1.08% | |
| Holdings | 235 | 509 | |
| YTD Return | +2.50% | +14.27% | |
| 1Y Return | +8.19% | +21.79% | |
| 3Y Return (annualized) | +7.55% | +22.19% | |
| 5Y Return (annualized) | +3.19% | +13.28% | |
| Volatility (annualized) | 11.1% | 14.2% | |
| Max Drawdown | -52.2% | -34.3% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 9, 2010 | Sep 7, 2010 |
ELD vs VOO Performance
WisdomTree Emerging Markets Local Debt Fund (ELD) is a ETF from WisdomTree Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ELD returned +8.19% while VOO returned +21.79%. Year to date, ELD is up 2.50% versus a gain of 14.27% for VOO.
Over three years, ELD compounded at +7.55% per year against +22.19% for VOO; over five years the annualized figures are +3.19% and +13.28% respectively. Across the full 16-year window we track, VOO has the edge at +13.59% annualized vs -1.69%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% 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 -34.3% for VOO. 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 VOO 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 1.08% for VOO.
Holdings Overlap
ELD and VOO 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 VOO?
ELD has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, ELD or VOO?
Over the past year ELD returned +8.19% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), ELD annualized -1.69% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, ELD or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 11.1% for ELD. Worst drawdown: ELD -52.2% vs VOO -34.3%.
Should I hold both ELD and VOO?
ELD and VOO 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 VOO?
ELD and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, ELD or VOO?
ELD yields 5.98% while VOO yields 1.08%, so ELD currently pays the higher dividend yield.
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