EPI vs. DDLS

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree India Earnings Fund (EPI) and WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS).

EPI and DDLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DDLS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index. It was launched on Jan 7, 2016. Both EPI and DDLS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EPI vs. DDLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Earnings Fund (EPI) and WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS). The values are adjusted to include any dividend payments, if applicable.

EPI vs. DDLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPI WisdomTree India Earnings Fund	-11.86%	2.25%	10.70%	26.03%	-4.74%	26.41%	18.55%	1.53%	-9.88%	39.14%
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund	1.35%	27.97%	10.22%	15.25%	-10.13%	17.75%	-2.95%	24.84%	-16.92%	26.91%

Returns By Period

In the year-to-date period, EPI achieves a -11.86% return, which is significantly lower than DDLS's 1.35% return. Over the past 10 years, EPI has underperformed DDLS with an annualized return of 9.11%, while DDLS has yielded a comparatively higher 9.66% annualized return.

EPI

• 1D: 3.06%
• 1M: -10.01%
• YTD: -11.86%
• 6M: -7.69%
• 1Y: -6.66%
• 3Y*: 9.12%
• 5Y*: 6.72%
• 10Y*: 9.11%

DDLS

• 1D: 3.60%
• 1M: -7.10%
• YTD: 1.35%
• 6M: 4.68%
• 1Y: 27.90%
• 3Y*: 15.63%
• 5Y*: 9.60%
• 10Y*: 9.66%

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

EPI vs. DDLS - Expense Ratio Comparison

EPI has a 0.84% expense ratio, which is higher than DDLS's 0.48% expense ratio.

EPI

WisdomTree India Earnings Fund

DDLS

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

Return for Risk

EPI vs. DDLS — 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: 4
EPI Omega Ratio Rank: 5
EPI Calmar Ratio Rank: 6
EPI Martin Ratio Rank: 4

DDLS

DDLS Risk / Return Rank: 87
DDLS Sharpe Ratio Rank: 86
DDLS Sortino Ratio Rank: 88
DDLS Omega Ratio Rank: 89
DDLS Calmar Ratio Rank: 84
DDLS Martin Ratio Rank: 86

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. DDLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Earnings Fund (EPI) and WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS). 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	DDLS	Difference
Sharpe ratio Return per unit of total volatility	-0.41	1.77	-2.18
Sortino ratio Return per unit of downside risk	-0.48	2.45	-2.93
Omega ratio Gain probability vs. loss probability	0.94	1.37	-0.43
Calmar ratio Return relative to maximum drawdown	-0.37	2.47	-2.83
Martin ratio Return relative to average drawdown	-1.15	10.02	-11.17
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. DDLS - Sharpe Ratio Comparison

The current EPI Sharpe Ratio is -0.41, which is lower than the DDLS Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of EPI and DDLS, 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	DDLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	1.77	-2.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.71	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.62	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.62	-0.49

Correlation

The correlation between EPI and DDLS is 0.48, 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.

Dividends

EPI vs. DDLS - Dividend Comparison

EPI has not paid dividends to shareholders, while DDLS's dividend yield for the trailing twelve months is around 3.70%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund	3.70%	3.80%	4.11%	4.05%	5.44%	3.18%	3.16%	3.68%	1.75%	1.60%	3.47%	0.00%

Drawdowns

EPI vs. DDLS - Drawdown Comparison

The maximum EPI drawdown since its inception was -66.21%, which is greater than DDLS's maximum drawdown of -36.80%. Use the drawdown chart below to compare losses from any high point for EPI and DDLS.

Drawdown Indicators

	EPI	DDLS	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-36.80%	-29.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.88%	-10.69%	-6.19%
Max Drawdown (5Y) Largest decline over 5 years	-21.89%	-19.87%	-2.02%
Max Drawdown (10Y) Largest decline over 10 years	-50.29%	-36.80%	-13.49%
Current Drawdown Current decline from peak	-19.51%	-7.20%	-12.31%
Average Drawdown Average peak-to-trough decline	-18.68%	-5.74%	-12.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.37%	2.63%	+2.74%

Volatility

EPI vs. DDLS - Volatility Comparison

WisdomTree India Earnings Fund (EPI) and WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS) have volatilities of 7.00% and 7.18%, 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	DDLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.00%	7.18%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	9.94%	+1.53%
Volatility (1Y) Calculated over the trailing 1-year period	16.35%	15.85%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	13.63%	+2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.38%	15.59%	+4.79%