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AMLP vs. EPI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AMLP vs. EPI

Last updated Jun 14, 2026

AMLP (Alerian MLP ETF) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - AMLP is a MLPs fund tracking the Alerian MLP Infrastructure Index, while EPI is a Emerging Markets Equities fund tracking the WisdomTree India Earnings Index. Both are passively managed. Over the past 10 years, AMLP returned 6.92%/yr vs 9.31%/yr for EPI. At a 0.30 correlation, their price movements are largely independent. AMLP charges 0.90%/yr vs 0.84%/yr for EPI.

Performance

AMLP vs. EPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian MLP ETF (AMLP) and WisdomTree India Earnings Fund (EPI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AMLP achieves a 15.29% return, which is significantly higher than EPI's -9.12% return. Over the past 10 years, AMLP has underperformed EPI with an annualized return of 6.92%, while EPI has yielded a comparatively higher 9.31% annualized return.

AMLP

1D
-0.34%
1M
-3.23%
YTD
15.29%
6M
14.35%
1Y
15.02%
3Y*
20.22%
5Y*
15.26%
10Y*
6.92%

EPI

1D
0.65%
1M
-0.99%
YTD
-9.12%
6M
-6.55%
1Y
-9.08%
3Y*
7.36%
5Y*
5.53%
10Y*
9.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMLP vs. EPI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AMLP
Alerian MLP ETF		15.29%5.78%22.76%21.40%25.47%39.09%-32.26%5.99%-12.67%-7.89%
EPI
WisdomTree India Earnings Fund		-9.12%2.25%10.70%26.03%-4.74%26.41%18.55%1.53%-9.88%39.14%

Correlation

The correlation between AMLP and EPI is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (5Y)
Calculated over the trailing 5-year period

0.28

Correlation (10Y)
Calculated over the trailing 10-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Aug 25, 2010

0.30

The correlation between AMLP and EPI shifts across timeframes, from -0.04 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

AMLP vs. EPI - Sectors Allocation Comparison

Sectors
AMLP
EPI

Energy

97.7%
16.4%

Utilities

2.3%
8.3%

Basic Materials

-

14.2%

Communication Services

-

2.0%

Consumer Cyclical

-

7.6%

Consumer Defensive

-

3.5%

Financial Services

-

23.2%

Healthcare

-

5.8%

Industrials

-

9.9%

Real Estate

-

0.9%

Technology

-

8.3%

Energy

AMLP
97.7%
EPI
16.4%

Utilities

AMLP
2.3%
EPI
8.3%

Basic Materials

AMLP

-

EPI
14.2%

Communication Services

AMLP

-

EPI
2.0%

Consumer Cyclical

AMLP

-

EPI
7.6%

Consumer Defensive

AMLP

-

EPI
3.5%

Financial Services

AMLP

-

EPI
23.2%

Healthcare

AMLP

-

EPI
5.8%

Industrials

AMLP

-

EPI
9.9%

Real Estate

AMLP

-

EPI
0.9%

Technology

AMLP

-

EPI
8.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Alerian MLP ETF

WisdomTree India Earnings Fund

Often compared with AMLP:
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Often compared with EPI:
EPI vs. INDAEPI vs. FLINEPI vs. INDYEPI vs. SMINEPI vs. NFTYEPI vs. GLINEPI vs. INCO

Return for Risk

AMLP vs. EPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AMLP
AMLP Risk / Return Rank: 3838
Overall Rank
AMLP Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
AMLP Sortino Ratio Rank: 3939
Sortino Ratio Rank
AMLP Omega Ratio Rank: 3737
Omega Ratio Rank
AMLP Calmar Ratio Rank: 3838
Calmar Ratio Rank
AMLP Martin Ratio Rank: 3939
Martin Ratio Rank
EPI
EPI Risk / Return Rank: 44
Overall Rank
EPI Sharpe Ratio Rank: 44
Sharpe Ratio Rank
EPI Sortino Ratio Rank: 44
Sortino Ratio Rank
EPI Omega Ratio Rank: 44
Omega Ratio Rank
EPI Calmar Ratio Rank: 55
Calmar Ratio Rank
EPI Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMLP vs. EPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian MLP ETF (AMLP) and WisdomTree India Earnings Fund (EPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

AMLPEPIDifference
Sharpe ratioReturn per unit of total volatility
1.25
-0.69

+1.94

Sortino ratioReturn per unit of downside risk
1.79
-0.90

+2.70

Omega ratioGain probability vs. loss probability

1.22

0.90

+0.32

Calmar ratioReturn relative to maximum drawdown

1.66

-0.61

+2.27

Martin ratioReturn relative to average drawdown

5.35

-1.44

+6.79

AMLP vs. EPI - Sharpe Ratio Comparison

The current AMLP Sharpe Ratio is 1.25, which is higher than the EPI Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of AMLP and EPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

AMLP vs. EPI - Drawdown Comparison

The maximum AMLP drawdown since its inception was -77.19%, which is greater than EPI's maximum drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for AMLP and EPI.

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Drawdown Indicators

AMLPEPIDifference

Max Drawdown

Largest peak-to-trough decline

-77.19%

-66.21%

-10.98%

Max Drawdown (1Y)

Largest decline over 1 year

-8.94%

-16.88%

+7.94%

Max Drawdown (3Y)

Largest decline over 3 years

-14.27%

-21.89%

+7.62%

Max Drawdown (5Y)

Largest decline over 5 years

-20.92%

-21.89%

+0.97%

Max Drawdown (10Y)

Largest decline over 10 years

-72.62%

-50.29%

-22.33%

Current Drawdown

Current decline from peak

-4.94%

-17.00%

+12.06%

Average Drawdown

Average peak-to-trough decline

-17.37%

-18.65%

+1.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.77%

7.17%

-4.40%

Volatility

AMLP vs. EPI - Volatility Comparison

Alerian MLP ETF (AMLP) has a higher volatility of 4.71% compared to WisdomTree India Earnings Fund (EPI) at 4.09%. This indicates that AMLP's price experiences larger fluctuations and is considered to be riskier than EPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AMLPEPIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.71%

4.09%

+0.62%

Volatility (6M)

Calculated over the trailing 6-month period

8.77%

12.88%

-4.11%

Volatility (1Y)

Calculated over the trailing 1-year period

11.84%

15.07%

-3.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.95%

16.23%

+3.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.67%

20.35%

+7.32%

AMLP vs. EPI - Expense Ratio Comparison

AMLP has a 0.90% expense ratio, which is higher than EPI's 0.84% expense ratio.

Dividends

AMLP vs. EPI - Dividend Comparison

AMLP's dividend yield for the trailing twelve months is around 7.71%, while EPI has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
AMLP
Alerian MLP ETF		7.71%8.36%7.70%7.86%7.70%8.55%12.31%9.12%9.29%7.97%8.09%9.84%
EPI
WisdomTree India Earnings Fund		0.00%0.00%0.27%0.15%6.01%1.18%0.78%1.17%1.18%0.85%1.05%1.20%

Frequently Asked Questions

AMLP and EPI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AMLP has higher volatility (4.71%) compared to EPI (4.09%). In terms of maximum drawdown, AMLP dropped -77.19% vs EPI's -66.21%.

On 10-year performance, EPI leads with 9.31% vs 6.92% for AMLP. On fees, EPI is cheaper at 0.84% per year. On volatility, EPI has been the lower-risk option at 4.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EPI has performed better with a 9.31% return vs 6.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EPI is cheaper with a 0.84% expense ratio, compared with 0.90% for AMLP.

AMLP has the higher dividend yield at 7.71%, compared with 0.00% for EPI.

AMLP is categorized as MLPs, while EPI is Emerging Markets Equities. AMLP tracks Alerian MLP Infrastructure Index, while EPI tracks WisdomTree India Earnings Index. They also come from different issuers: SS&C and WisdomTree. Their fees differ too: 0.90% for AMLP and 0.84% for EPI.

AMLP currently has the higher Sharpe Ratio (1.25 vs -0.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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