sotnkρ +0.68beyond mkt +0.36holdout +0.79stable 100%robust
ELD WisdomTree Emerging Markets Local Debt Fund
- Last close
- 27.85
- 504-day return
- +18.93%
- Median $/day
- $344k
- Relationships shown
- 13
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
ELD vs EMLC
Both indexed to 100 at 2026-05-11.
Moves with ELD
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.65beyond mkt +0.25holdout +0.79stable 100%robust
ρ +0.56beyond mkt +0.20holdout +0.65stable 100%robust
ρ +0.59beyond mkt +0.16holdout +0.68stable 100%robust
ρ +0.51beyond mkt +0.11holdout +0.61stable 100%robust
ρ +0.58beyond mkt +0.11holdout +0.71stable 100%robust
Moves against ELD
ρ -0.51beyond mkt -0.19holdout -0.54stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.64holdout +0.80stable 75%robust
horizon 10dρ +0.44holdout +0.60stable 62%moderate
horizon 5dρ +0.42holdout +0.38stable 88%robust
horizon 10dρ +0.41holdout +0.52stable 38%moderate
horizon 10dρ +0.40holdout +0.48stable 50%moderate
horizon 10dρ +0.38holdout +0.64stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ +0.45recent +0.49prior +0.05beyond mkt +0.00
Δ -0.42recent -0.30prior +0.12beyond mkt +0.05
Δ +0.42recent +0.42prior +0.00beyond mkt +0.00
Δ +0.40recent +0.52prior +0.12beyond mkt +0.04
Δ +0.40recent +0.52prior +0.12beyond mkt +0.10
Δ +0.39recent +0.49prior +0.10beyond mkt -0.05
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| EMLC VanEck J. P. Morgan EM Local Currency Bond ETF | +0.36 | +0.68 | 17 |