EMCB vs. EPI
EMCB (WisdomTree Emerging Markets Corporate Bond Fund) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - EMCB is a Emerging Markets Bonds fund actively managed by WisdomTree, while EPI is a Emerging Markets Equities fund tracking the WisdomTree India Earnings Index. EMCB is actively managed, while EPI is passively managed. Over the past 10 years, EMCB returned 4.25%/yr vs 9.68%/yr for EPI. At a 0.21 correlation, their price movements are largely independent. EMCB charges 0.60%/yr vs 0.84%/yr for EPI.
Performance
EMCB vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, EMCB achieves a 2.12% return, which is significantly higher than EPI's -7.84% return. Over the past 10 years, EMCB has underperformed EPI with an annualized return of 4.25%, while EPI has yielded a comparatively higher 9.68% annualized return.
EMCB
- 1D
- -0.17%
- 1M
- 1.01%
- YTD
- 2.12%
- 6M
- 1.71%
- 1Y
- 6.40%
- 3Y*
- 7.72%
- 5Y*
- 2.13%
- 10Y*
- 4.25%
EPI
- 1D
- -1.80%
- 1M
- 0.68%
- YTD
- -7.84%
- 6M
- -8.06%
- 1Y
- -7.64%
- 3Y*
- 7.99%
- 5Y*
- 6.29%
- 10Y*
- 9.68%
EMCB vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 2.12% | 8.19% | 7.11% | 8.76% | -12.98% | -0.62% | 8.60% | 13.43% | -3.07% | 9.47% |
EPI WisdomTree India Earnings Fund | -7.84% | 2.25% | 10.70% | 26.03% | -4.74% | 26.41% | 18.55% | 1.53% | -9.88% | 39.14% |
Correlation
The correlation between EMCB and EPI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2012 | 0.21 |
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Return for Risk
EMCB vs. EPI — Risk / Return Rank
EMCB
EPI
EMCB vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) 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.
| EMCB | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +3.20 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.93 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | -0.45 | +2.55 |
| Martin ratioReturn relative to average drawdown | 7.40 | -1.05 | +8.44 |
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Drawdowns
EMCB vs. EPI - Drawdown Comparison
The maximum EMCB drawdown since its inception was -22.81%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for EMCB and EPI.
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Drawdown Indicators
| EMCB | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.81% | -66.21% | +43.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -16.88% | +13.81% |
Max Drawdown (3Y)Largest decline over 3 years | -4.20% | -21.89% | +17.69% |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | -21.89% | +0.39% |
Max Drawdown (10Y)Largest decline over 10 years | -22.81% | -50.29% | +27.48% |
Current DrawdownCurrent decline from peak | -0.55% | -15.84% | +15.29% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -18.64% | +14.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 7.33% | -6.46% |
Volatility
EMCB vs. EPI - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is 1.47%, while WisdomTree India Earnings Fund (EPI) has a volatility of 4.49%. This indicates that EMCB experiences smaller price fluctuations and is considered to be less risky 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
| EMCB | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 4.49% | -3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 13.15% | -10.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 15.21% | -11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.93% | 16.26% | -9.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.46% | 20.30% | -11.84% |
EMCB vs. EPI - Expense Ratio Comparison
EMCB has a 0.60% expense ratio, which is lower than EPI's 0.84% expense ratio.
Dividends
EMCB vs. EPI - Dividend Comparison
EMCB's dividend yield for the trailing twelve months is around 5.35%, while EPI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMCB WisdomTree Emerging Markets Corporate Bond Fund | 5.35% | 5.47% | 5.29% | 5.09% | 4.04% | 3.43% | 3.85% | 4.17% | 4.20% | 4.04% | 4.08% | 5.09% |
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
EMCB and EPI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPI has higher volatility (4.49%) compared to EMCB (1.47%). In terms of maximum drawdown, EMCB dropped -22.81% vs EPI's -66.21%.
On 10-year performance, EPI leads with 9.68% vs 4.25% for EMCB. On fees, EMCB is cheaper at 0.60% per year. On volatility, EMCB has been the lower-risk option at 1.47%. 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 9.68% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EMCB is cheaper with a 0.60% expense ratio, compared with 0.84% for EPI.
EMCB has the higher dividend yield at 5.35%, compared with 0.00% for EPI.
EMCB is categorized as Emerging Markets Bonds, while EPI is Emerging Markets Equities. Their fees differ too: 0.60% for EMCB and 0.84% for EPI.
EMCB currently has the higher Sharpe Ratio (1.70 vs -0.50), 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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