EPI vs. FXF
EPI (WisdomTree India Earnings Fund) and FXF (Invesco CurrencyShares® Swiss Franc Trust) are both exchange-traded funds - EPI is a Emerging Markets Equities fund tracking the WisdomTree India Earnings Index, while FXF is a Currency fund tracking the Swiss Franc. Both are passively managed. Over the past 10 years, EPI returned 9.31%/yr vs 1.06%/yr for FXF. At a 0.11 correlation, their price movements are largely independent. EPI charges 0.84%/yr vs 0.40%/yr for FXF.
Performance
EPI vs. FXF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EPI achieves a -9.12% return, which is significantly lower than FXF's -0.80% return. Over the past 10 years, EPI has outperformed FXF with an annualized return of 9.31%, while FXF has yielded a comparatively lower 1.06% annualized return.
EPI
- 1D
- 0.65%
- 1M
- -0.99%
- YTD
- -9.12%
- 6M
- -6.55%
- 1Y
- -9.08%
- 3Y*
- 7.36%
- 5Y*
- 5.53%
- 10Y*
- 9.31%
FXF
- 1D
- -0.15%
- 1M
- -1.65%
- YTD
- -0.80%
- 6M
- -0.32%
- 1Y
- 1.23%
- 3Y*
- 4.05%
- 5Y*
- 1.88%
- 10Y*
- 1.06%
EPI vs. FXF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EPI WisdomTree India Earnings Fund | -9.12% | 2.25% | 10.70% | 26.03% | -4.74% | 26.41% | 18.55% | 1.53% | -9.88% | 39.14% |
FXF Invesco CurrencyShares® Swiss Franc Trust | -0.80% | 14.04% | -7.46% | 9.63% | -2.29% | -4.08% | 8.18% | 0.32% | -2.01% | 3.31% |
Correlation
The correlation between EPI and FXF is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2008 | 0.11 |
The correlation between EPI and FXF shifts across timeframes, from 0.11 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EPI vs. FXF — Risk / Return Rank
EPI
FXF
EPI vs. FXF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Earnings Fund (EPI) and Invesco CurrencyShares® Swiss Franc Trust (FXF). 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.
| EPI | FXF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.03 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 0.25 | -0.86 |
| Martin ratioReturn relative to average drawdown | -1.44 | 0.54 | -1.98 |
Loading charts...
Drawdowns
EPI vs. FXF - Drawdown Comparison
The maximum EPI drawdown since its inception was -66.21%, which is greater than FXF's maximum drawdown of -35.58%. Use the drawdown chart below to compare losses from any high point for EPI and FXF.
Loading charts...
Drawdown Indicators
| EPI | FXF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.21% | -35.58% | -30.63% |
Max Drawdown (1Y)Largest decline over 1 year | -16.88% | -4.97% | -11.91% |
Max Drawdown (3Y)Largest decline over 3 years | -21.89% | -8.52% | -13.37% |
Max Drawdown (5Y)Largest decline over 5 years | -21.89% | -12.68% | -9.21% |
Max Drawdown (10Y)Largest decline over 10 years | -50.29% | -15.04% | -35.25% |
Current DrawdownCurrent decline from peak | -17.00% | -19.02% | +2.02% |
Average DrawdownAverage peak-to-trough decline | -18.65% | -20.83% | +2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 2.28% | +4.89% |
Volatility
EPI vs. FXF - Volatility Comparison
WisdomTree India Earnings Fund (EPI) has a higher volatility of 4.09% compared to Invesco CurrencyShares® Swiss Franc Trust (FXF) at 1.81%. This indicates that EPI's price experiences larger fluctuations and is considered to be riskier than FXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EPI | FXF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 1.81% | +2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 12.88% | 5.56% | +7.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.07% | 7.49% | +7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 8.33% | +7.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.35% | 7.57% | +12.78% |
EPI vs. FXF - Expense Ratio Comparison
EPI has a 0.84% expense ratio, which is higher than FXF's 0.40% expense ratio.
Dividends
EPI vs. FXF - Dividend Comparison
Neither EPI nor FXF has paid dividends to shareholders.
| 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% |
FXF Invesco CurrencyShares® Swiss Franc Trust | 0.00% | 0.00% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EPI and FXF have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPI has higher volatility (4.09%) compared to FXF (1.81%). In terms of maximum drawdown, EPI dropped -66.21% vs FXF's -35.58%.
On 10-year performance, EPI leads with 9.31% vs 1.06% for FXF. On fees, FXF is cheaper at 0.40% per year. On volatility, FXF has been the lower-risk option at 1.81%. 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 9.31% return vs 1.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FXF is cheaper with a 0.40% expense ratio, compared with 0.84% for EPI.
EPI and FXF have nearly identical dividend yields, around 0.00%.
EPI is categorized as Emerging Markets Equities, while FXF is Currency. EPI tracks WisdomTree India Earnings Index, while FXF tracks Swiss Franc. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.84% for EPI and 0.40% for FXF.
FXF currently has the higher Sharpe Ratio (0.17 vs -0.69), 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.
Find the right allocation for EPI and FXF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer