EPI vs. VBTIX

Last updated Jul 21, 2026

EPI (WisdomTree India Earnings Fund) and VBTIX (Vanguard Total Bond Market Index Fund Institutional Shares) are both funds - EPI is a India Equities fund tracking the WisdomTree India Earnings Index, while VBTIX is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 10 years, EPI returned 8.57%/yr vs 1.41%/yr for VBTIX. At a correlation of -0.10, they often move in opposite directions. EPI charges 0.84%/yr vs 0.03%/yr for VBTIX.

Performance

EPI vs. VBTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree India Earnings Fund (EPI) and Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPI achieves a -8.90% return, which is significantly lower than VBTIX's 0.04% return. Over the past 10 years, EPI has outperformed VBTIX with an annualized return of 8.57%, while VBTIX has yielded a comparatively lower 1.41% annualized return.

EPI

• 1D: -0.35%
• 1M: -1.98%
• 6M: -7.05%
• YTD: -8.90%
• 1Y: -9.35%
• 3Y*: 5.70%
• 5Y*: 5.95%
• 10Y*: 8.57%
• ALL TIME*: 3.81%

VBTIX

• 1D: 0.00%
• 1M: -0.39%
• 6M: 0.14%
• YTD: 0.04%
• 1Y: 3.95%
• 3Y*: 3.83%
• 5Y*: -0.17%
• 10Y*: 1.41%
• ALL TIME*: 4.19%

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

EPI vs. VBTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPI WisdomTree India Earnings Fund	-8.90%	2.25%	10.70%	26.03%	-4.74%	26.41%	18.55%	1.53%	-9.88%	39.14%
VBTIX Vanguard Total Bond Market Index Fund Institutional Shares	0.04%	7.18%	1.27%	5.75%	-13.15%	-1.95%	7.75%	8.74%	-0.24%	3.56%

Correlation

The correlation between EPI and VBTIX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Feb 26, 2008	-0.10

The correlation between EPI and VBTIX shifts across timeframes, from -0.10 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EPI vs. VBTIX — Risk / Return Rank

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

EPI

EPI Risk / Return Rank: 4
EPI Sharpe Ratio Rank: 5
EPI Sortino Ratio Rank: 4
EPI Omega Ratio Rank: 5
EPI Calmar Ratio Rank: 5
EPI Martin Ratio Rank: 1

VBTIX

VBTIX Risk / Return Rank: 23
VBTIX Sharpe Ratio Rank: 24
VBTIX Sortino Ratio Rank: 24
VBTIX Omega Ratio Rank: 22
VBTIX Calmar Ratio Rank: 24
VBTIX Martin Ratio Rank: 20

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. VBTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree India Earnings Fund (EPI) and Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX). 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	VBTIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.62	1.10	-1.72
Sortino ratio: Return per unit of downside risk	-0.80	1.63	-2.42
Omega ratio: Gain probability vs. loss probability	0.91	1.20	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.60	1.45	-2.05
Martin ratio: Return relative to average drawdown	-1.41	3.91	-5.32

EPI vs. VBTIX - Sharpe Ratio Comparison

The current EPI Sharpe Ratio is -0.62, which is lower than the VBTIX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of EPI and VBTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPI vs. VBTIX - Drawdown Comparison

The maximum EPI drawdown since its inception was -66.21%, which is greater than VBTIX's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for EPI and VBTIX.

Drawdown Indicators

	EPI	VBTIX	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-18.90%	-47.31%
Max Drawdown (1Y) Largest decline over 1 year	-15.69%	-2.89%	-12.80%
Max Drawdown (3Y) Largest decline over 3 years	-21.89%	-5.49%	-16.40%
Max Drawdown (5Y) Largest decline over 5 years	-21.89%	-18.13%	-3.76%
Max Drawdown (10Y) Largest decline over 10 years	-50.29%	-18.90%	-31.39%
Current Drawdown Current decline from peak	-16.80%	-2.63%	-14.17%
Average Drawdown Average peak-to-trough decline	-18.63%	-2.32%	-16.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.64%	1.07%	+5.57%

Volatility

EPI vs. VBTIX - Volatility Comparison

WisdomTree India Earnings Fund (EPI) has a higher volatility of 3.67% compared to Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) at 1.05%. This indicates that EPI's price experiences larger fluctuations and is considered to be riskier than VBTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPI	VBTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	1.05%	+2.62%
Volatility (6M) Calculated over the trailing 6-month period	13.03%	2.94%	+10.09%
Volatility (1Y) Calculated over the trailing 1-year period	15.25%	3.80%	+11.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	6.02%	+10.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.27%	4.98%	+15.29%

EPI vs. VBTIX - Expense Ratio Comparison

EPI has a 0.84% expense ratio, which is higher than VBTIX's 0.03% expense ratio.

Dividends

EPI vs. VBTIX - Dividend Comparison

EPI has not paid dividends to shareholders, while VBTIX's dividend yield for the trailing twelve months is around 4.04%.

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%
VBTIX Vanguard Total Bond Market Index Fund Institutional Shares	4.04%	3.88%	3.69%	3.12%	2.61%	1.81%	2.41%	2.75%	2.58%	2.56%	2.54%	2.84%

Frequently Asked Questions

Can I hold both EPI and VBTIX in my portfolio?

EPI and VBTIX have a correlation of 0.32, 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 VBTIX?

EPI has higher volatility (3.67%) compared to VBTIX (1.05%). In terms of maximum drawdown, EPI dropped -66.21% vs VBTIX's -18.90%.

Which has better risk-adjusted returns?

VBTIX currently has the higher Sharpe Ratio (1.10 vs -0.62), 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.