EPI vs. FPKFX

Last updated Jun 9, 2026

EPI (WisdomTree India Earnings Fund) and FPKFX (Fidelity Puritan K6 Fund) are both funds - EPI is a Asia Pacific Equities fund tracking the WisdomTree India Earnings Index, while FPKFX is a Diversified Portfolio fund managed by Fidelity. Over the past 5 years, EPI returned 5.30%/yr vs 8.87%/yr for FPKFX. A 0.52 correlation means they provide meaningful diversification when combined. EPI charges 0.84%/yr vs 0.32%/yr for FPKFX.

Performance

EPI vs. FPKFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Earnings Fund (EPI) and Fidelity Puritan K6 Fund (FPKFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPI achieves a -10.46% return, which is significantly lower than FPKFX's 7.31% return.

EPI

• 1D: -0.17%
• 1M: -5.15%
• YTD: -10.46%
• 6M: -7.79%
• 1Y: -11.22%
• 3Y*: 7.35%
• 5Y*: 5.30%
• 10Y*: 9.04%

FPKFX

• 1D: -2.69%
• 1M: -0.43%
• YTD: 7.31%
• 6M: 7.15%
• 1Y: 18.91%
• 3Y*: 15.96%
• 5Y*: 8.87%
• 10Y*: —

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

EPI vs. FPKFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EPI WisdomTree India Earnings Fund	-10.46%	2.25%	10.70%	26.03%	-4.74%	26.41%	18.55%	-2.59%
FPKFX Fidelity Puritan K6 Fund	7.31%	11.37%	18.95%	20.29%	-17.11%	19.10%	20.22%	9.41%

Correlation

The correlation between EPI and FPKFX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jun 17, 2019	0.52

The correlation between EPI and FPKFX has been stable across timeframes, ranging from 0.44 to 0.52 - a consistent structural relationship.

Return for Risk

EPI vs. FPKFX — 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: 1

FPKFX

FPKFX Risk / Return Rank: 49
FPKFX Sharpe Ratio Rank: 45
FPKFX Sortino Ratio Rank: 41
FPKFX Omega Ratio Rank: 46
FPKFX Calmar Ratio Rank: 51
FPKFX Martin Ratio Rank: 61

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. FPKFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Earnings Fund (EPI) and Fidelity Puritan K6 Fund (FPKFX). 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	FPKFX	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	1.87	-2.63
Sortino ratio: Return per unit of downside risk	-1.00	2.56	-3.56
Omega ratio: Gain probability vs. loss probability	0.89	1.35	-0.46
Calmar ratio: Return relative to maximum drawdown	-0.67	2.60	-3.27
Martin ratio: Return relative to average drawdown	-1.61	11.58	-13.19
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. FPKFX - Sharpe Ratio Comparison

The current EPI Sharpe Ratio is -0.75, which is lower than the FPKFX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of EPI and FPKFX, 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	FPKFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	1.87	-2.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.70	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.85	-0.72

Drawdowns

EPI vs. FPKFX - Drawdown Comparison

The maximum EPI drawdown since its inception was -66.21%, which is greater than FPKFX's maximum drawdown of -24.46%. Use the drawdown chart below to compare losses from any high point for EPI and FPKFX.

Drawdown Indicators

	EPI	FPKFX	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-24.46%	-41.75%
Max Drawdown (1Y) Largest decline over 1 year	-16.88%	-7.48%	-9.40%
Max Drawdown (3Y) Largest decline over 3 years	-21.89%	-14.90%	-6.99%
Max Drawdown (5Y) Largest decline over 5 years	-21.89%	-22.33%	+0.44%
Max Drawdown (10Y) Largest decline over 10 years	-50.29%	—	—
Current Drawdown Current decline from peak	-18.22%	-2.69%	-15.53%
Average Drawdown Average peak-to-trough decline	-18.65%	-4.79%	-13.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.00%	1.67%	+5.33%

Volatility

EPI vs. FPKFX - Volatility Comparison

WisdomTree India Earnings Fund (EPI) has a higher volatility of 4.88% compared to Fidelity Puritan K6 Fund (FPKFX) at 4.06%. This indicates that EPI's price experiences larger fluctuations and is considered to be riskier than FPKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPI	FPKFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.88%	4.06%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	12.90%	8.50%	+4.40%
Volatility (1Y) Calculated over the trailing 1-year period	15.03%	10.37%	+4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	12.69%	+3.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.36%	14.33%	+6.03%

EPI vs. FPKFX - Expense Ratio Comparison

EPI has a 0.84% expense ratio, which is higher than FPKFX's 0.32% expense ratio.

Dividends

EPI vs. FPKFX - Dividend Comparison

EPI has not paid dividends to shareholders, while FPKFX's dividend yield for the trailing twelve months is around 3.91%.

Position	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%
FPKFX Fidelity Puritan K6 Fund	3.91%	4.19%	3.83%	1.67%	1.62%	4.34%	1.40%	0.63%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EPI and FPKFX in my portfolio?

EPI and FPKFX have a correlation of 0.45, 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 FPKFX?

EPI has higher volatility (4.88%) compared to FPKFX (4.06%). In terms of maximum drawdown, EPI dropped -66.21% vs FPKFX's -24.46%.

Which has better risk-adjusted returns?

FPKFX currently has the higher Sharpe Ratio (1.87 vs -0.75), 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.