EWI vs. EPI
Compare and contrast key facts about iShares MSCI Italy ETF (EWI) and WisdomTree India Earnings Fund (EPI).
EWI and EPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWI is a passively managed fund by iShares that tracks the performance of the MSCI Italy Index. It was launched on Mar 12, 1996. 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. Both EWI and EPI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWI or EPI.
Key characteristics
| EWI | EPI | |
|---|---|---|
| YTD Return | 15.35% | 14.20% |
| 1Y Return | 26.43% | 27.78% |
| 3Y Return (Ann) | 7.82% | 9.44% |
| 5Y Return (Ann) | 8.84% | 15.65% |
| 10Y Return (Ann) | 6.32% | 8.84% |
| Sharpe Ratio | 1.86 | 1.76 |
| Sortino Ratio | 2.53 | 2.15 |
| Omega Ratio | 1.31 | 1.35 |
| Calmar Ratio | 1.07 | 3.66 |
| Martin Ratio | 10.02 | 11.69 |
| Ulcer Index | 2.81% | 2.46% |
| Daily Std Dev | 15.12% | 16.39% |
| Max Drawdown | -70.38% | -66.21% |
| Current Drawdown | -5.84% | -7.87% |
Correlation
The correlation between EWI and EPI is 0.56, 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.
Performance
EWI vs. EPI - Performance Comparison
In the year-to-date period, EWI achieves a 15.35% return, which is significantly higher than EPI's 14.20% return. Over the past 10 years, EWI has underperformed EPI with an annualized return of 6.32%, while EPI has yielded a comparatively higher 8.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWI vs. EPI - Expense Ratio Comparison
EWI has a 0.49% expense ratio, which is lower than EPI's 0.84% expense ratio.
Risk-Adjusted Performance
EWI vs. EPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Italy ETF (EWI) and WisdomTree India Earnings Fund (EPI). 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.
Dividends
EWI vs. EPI - Dividend Comparison
EWI's dividend yield for the trailing twelve months is around 3.47%, while EPI has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWI iShares MSCI Italy ETF | 3.47% | 3.40% | 4.57% | 2.63% | 1.66% | 3.80% | 4.71% | 2.19% | 3.64% | 2.31% | 2.51% | 2.19% |
EPI WisdomTree India Earnings Fund | 0.00% | 0.15% | 6.01% | 1.18% | 0.78% | 1.17% | 1.18% | 0.85% | 1.05% | 1.20% | 1.02% | 0.75% |
Drawdowns
EWI vs. EPI - Drawdown Comparison
The maximum EWI drawdown since its inception was -70.38%, which is greater than EPI's maximum drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for EWI and EPI. For additional features, visit the drawdowns tool.
Volatility
EWI vs. EPI - Volatility Comparison
The current volatility for iShares MSCI Italy ETF (EWI) is 3.27%, while WisdomTree India Earnings Fund (EPI) has a volatility of 4.42%. This indicates that EWI experiences smaller price fluctuations and is considered to be less risky than EPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.