EPI vs. ^BSESN

Last updated Jun 3, 2026

EPI (WisdomTree India Earnings Fund) is Asia Pacific Equities fund tracking the WisdomTree India Earnings Index, while ^BSESN (S&P BSE SENSEX) is an index. Over the past 10 years, EPI returned 9.14%/yr vs 6.94%/yr for ^BSESN. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

EPI vs. ^BSESN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Earnings Fund (EPI) and S&P BSE SENSEX (^BSESN). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EPI is traded in USD, while ^BSESN is traded in INR. To make them comparable, the ^BSESN values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EPI achieves a -8.75% return, which is significantly higher than ^BSESN's -17.40% return. Over the past 10 years, EPI has outperformed ^BSESN with an annualized return of 9.14%, while ^BSESN has yielded a comparatively lower 6.94% annualized return.

EPI

• 1D: 0.05%
• 1M: -2.45%
• YTD: -8.75%
• 6M: -7.57%
• 1Y: -9.24%
• 3Y*: 8.10%
• 5Y*: 5.97%
• 10Y*: 9.14%

^BSESN

• 1D: 0.43%
• 1M: -3.48%
• YTD: -17.40%
• 6M: -17.28%
• 1Y: -17.81%
• 3Y*: 1.06%
• 5Y*: 1.84%
• 10Y*: 6.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EPI vs. ^BSESN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPI WisdomTree India Earnings Fund	-8.75%	2.25%	10.70%	26.03%	-4.74%	26.41%	18.55%	1.53%	-9.88%	39.14%
^BSESN S&P BSE SENSEX	-17.40%	3.86%	5.19%	18.13%	-6.01%	19.58%	13.24%	11.51%	-2.95%	36.17%

Correlation

The correlation between EPI and ^BSESN is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Feb 27, 2008	0.65

The correlation between EPI and ^BSESN has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.

Return for Risk

EPI vs. ^BSESN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPI

EPI Risk / Return Rank: 3
EPI Sharpe Ratio Rank: 3
EPI Sortino Ratio Rank: 3
EPI Omega Ratio Rank: 3
EPI Calmar Ratio Rank: 4
EPI Martin Ratio Rank: 2

^BSESN

^BSESN Risk / Return Rank: 1
^BSESN Sharpe Ratio Rank: 1
^BSESN Sortino Ratio Rank: 1
^BSESN Omega Ratio Rank: 1
^BSESN Calmar Ratio Rank: 2
^BSESN Martin Ratio Rank: 1

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.

EPI vs. ^BSESN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Earnings Fund (EPI) and S&P BSE SENSEX (^BSESN). 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.

	EPI	^BSESN	Difference
Sharpe ratio Return per unit of total volatility	-0.62	-1.20	+0.57
Sortino ratio Return per unit of downside risk	-0.81	-1.70	+0.89
Omega ratio Gain probability vs. loss probability	0.91	0.81	+0.10
Calmar ratio Return relative to maximum drawdown	-0.51	-0.81	+0.29
Martin ratio Return relative to average drawdown	-1.27	-1.83	+0.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPI vs. ^BSESN - Sharpe Ratio Comparison

The current EPI Sharpe Ratio is -0.62, which is higher than the ^BSESN Sharpe Ratio of -1.20. The chart below compares the historical Sharpe Ratios of EPI and ^BSESN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EPI	^BSESN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.62	-1.20	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.12	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.39	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.18	-0.04

Drawdowns

EPI vs. ^BSESN - Drawdown Comparison

The maximum EPI drawdown since its inception was -66.21%, smaller than the maximum ^BSESN drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for EPI and ^BSESN.

Drawdown Indicators

	EPI	^BSESN	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-70.46%	+4.25%
Max Drawdown (1Y) Largest decline over 1 year	-16.88%	-22.42%	+5.54%
Max Drawdown (3Y) Largest decline over 3 years	-21.89%	-25.63%	+3.74%
Max Drawdown (5Y) Largest decline over 5 years	-21.89%	-25.63%	+3.74%
Max Drawdown (10Y) Largest decline over 10 years	-50.29%	-42.52%	-7.77%
Current Drawdown Current decline from peak	-16.66%	-23.66%	+7.00%
Average Drawdown Average peak-to-trough decline	-18.65%	-19.12%	+0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.83%	9.77%	-2.94%

Volatility

EPI vs. ^BSESN - Volatility Comparison

WisdomTree India Earnings Fund (EPI) and S&P BSE SENSEX (^BSESN) have volatilities of 4.79% and 5.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPI	^BSESN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	5.00%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	12.75%	13.15%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	14.89%	15.10%	-0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.20%	15.34%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.35%	18.30%	+2.05%

Frequently Asked Questions

Can I hold both EPI and ^BSESN in my portfolio?

EPI and ^BSESN have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPI or ^BSESN?

^BSESN has higher volatility (5.00%) compared to EPI (4.79%). In terms of maximum drawdown, EPI dropped -66.21% vs ^BSESN's -70.46%.

Which has better risk-adjusted returns?

EPI currently has the higher Sharpe Ratio (-0.62 vs -1.20), 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.