EPI vs. ^NIFTY500

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree India Earnings Fund (EPI) and Nifty 500 (^NIFTY500).

EPI is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree India Earnings Index. It was launched on Feb 22, 2008.

Performance

EPI vs. ^NIFTY500 - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Earnings Fund (EPI) and Nifty 500 (^NIFTY500). The values are adjusted to include any dividend payments, if applicable.

EPI vs. ^NIFTY500 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPI WisdomTree India Earnings Fund	-11.92%	2.25%	10.70%	26.03%	-4.74%	26.41%	18.55%	1.53%	-9.88%	39.14%
^NIFTY500 Nifty 500	-15.46%	1.60%	12.00%	25.12%	-6.42%	26.44%	14.14%	4.96%	-11.46%	44.69%

Different Trading Currencies

EPI is traded in USD, while ^NIFTY500 is traded in INR. To make them comparable, the ^NIFTY500 values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EPI achieves a -11.92% return, which is significantly higher than ^NIFTY500's -15.46% return. Both investments have delivered pretty close results over the past 10 years, with EPI having a 9.10% annualized return and ^NIFTY500 not far behind at 8.75%.

EPI

• 1D: -0.07%
• 1M: -7.80%
• YTD: -11.92%
• 6M: -8.30%
• 1Y: -6.28%
• 3Y*: 9.09%
• 5Y*: 6.70%
• 10Y*: 9.10%

^NIFTY500

• 1D: 3.15%
• 1M: -9.95%
• YTD: -15.46%
• 6M: -13.14%
• 1Y: -8.78%
• 3Y*: 8.22%
• 5Y*: 5.69%
• 10Y*: 8.75%

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

Return for Risk

EPI vs. ^NIFTY500 — Risk / Return Rank

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

EPI

EPI Risk / Return Rank: 5
EPI Sharpe Ratio Rank: 5
EPI Sortino Ratio Rank: 5
EPI Omega Ratio Rank: 5
EPI Calmar Ratio Rank: 6
EPI Martin Ratio Rank: 2

^NIFTY500

^NIFTY500 Risk / Return Rank: 10
^NIFTY500 Sharpe Ratio Rank: 12
^NIFTY500 Sortino Ratio Rank: 12
^NIFTY500 Omega Ratio Rank: 12
^NIFTY500 Calmar Ratio Rank: 9
^NIFTY500 Martin Ratio Rank: 7

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. ^NIFTY500 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Earnings Fund (EPI) and Nifty 500 (^NIFTY500). 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	^NIFTY500	Difference
Sharpe ratio Return per unit of total volatility	-0.39	-0.54	+0.16
Sortino ratio Return per unit of downside risk	-0.45	-0.66	+0.22
Omega ratio Gain probability vs. loss probability	0.95	0.92	+0.03
Calmar ratio Return relative to maximum drawdown	-0.40	-0.51	+0.11
Martin ratio Return relative to average drawdown	-1.24	-1.72	+0.49
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. ^NIFTY500 - Sharpe Ratio Comparison

The current EPI Sharpe Ratio is -0.39, which is comparable to the ^NIFTY500 Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of EPI and ^NIFTY500, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EPI	^NIFTY500	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	-0.54	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.37	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.49	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.25	-0.12

Correlation

The correlation between EPI and ^NIFTY500 is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

EPI vs. ^NIFTY500 - Drawdown Comparison

The maximum EPI drawdown since its inception was -66.21%, smaller than the maximum ^NIFTY500 drawdown of -72.89%. Use the drawdown chart below to compare losses from any high point for EPI and ^NIFTY500.

Drawdown Indicators

	EPI	^NIFTY500	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-68.02%	+1.81%
Max Drawdown (1Y) Largest decline over 1 year	-16.88%	-14.82%	-2.06%
Max Drawdown (5Y) Largest decline over 5 years	-21.89%	-18.84%	-3.05%
Max Drawdown (10Y) Largest decline over 10 years	-50.29%	-38.30%	-11.99%
Current Drawdown Current decline from peak	-19.56%	-14.54%	-5.02%
Average Drawdown Average peak-to-trough decline	-18.68%	-21.66%	+2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.45%	3.62%	+1.83%

Volatility

EPI vs. ^NIFTY500 - Volatility Comparison

The current volatility for WisdomTree India Earnings Fund (EPI) is 6.84%, while Nifty 500 (^NIFTY500) has a volatility of 8.25%. This indicates that EPI experiences smaller price fluctuations and is considered to be less risky than ^NIFTY500 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPI	^NIFTY500	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	8.25%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	11.89%	-0.42%
Volatility (1Y) Calculated over the trailing 1-year period	16.34%	16.57%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	15.77%	+0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.37%	18.05%	+2.32%