FTHI vs. EPI
FTHI (First Trust BuyWrite Income ETF) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - FTHI is a Derivative Income fund actively managed by First Trust, while EPI is a Emerging Markets Equities fund tracking the WisdomTree India Earnings Index. FTHI is actively managed, while EPI is passively managed. Over the past 10 years, FTHI returned 8.60%/yr vs 9.69%/yr for EPI. At a 0.40 correlation, their price movements are largely independent. FTHI charges 0.85%/yr vs 0.84%/yr for EPI.
Performance
FTHI vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, FTHI achieves a 4.31% return, which is significantly higher than EPI's -7.47% return. Over the past 10 years, FTHI has underperformed EPI with an annualized return of 8.60%, while EPI has yielded a comparatively higher 9.69% annualized return.
FTHI
- 1D
- -0.25%
- 1M
- -0.62%
- YTD
- 4.31%
- 6M
- 3.40%
- 1Y
- 14.12%
- 3Y*
- 14.13%
- 5Y*
- 10.05%
- 10Y*
- 8.60%
EPI
- 1D
- -0.67%
- 1M
- 0.71%
- YTD
- -7.47%
- 6M
- -6.81%
- 1Y
- -8.44%
- 3Y*
- 8.01%
- 5Y*
- 6.37%
- 10Y*
- 9.69%
FTHI vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 4.31% | 11.03% | 19.02% | 20.72% | -4.37% | 13.95% | -7.13% | 18.16% | -9.72% | 14.41% |
EPI WisdomTree India Earnings Fund | -7.47% | 2.25% | 10.70% | 26.03% | -4.74% | 26.41% | 18.55% | 1.53% | -9.88% | 39.14% |
Correlation
The correlation between FTHI and EPI is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 7, 2014 | 0.40 |
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Return for Risk
FTHI vs. EPI — Risk / Return Rank
FTHI
EPI
FTHI vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) 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.
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.
| FTHI | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.13 | ||
| Sortino ratioReturn per unit of downside risk | +2.98 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.92 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | -0.50 | +3.10 |
| Martin ratioReturn relative to average drawdown | 11.05 | -1.15 | +12.20 |
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Drawdowns
FTHI vs. EPI - Drawdown Comparison
The maximum FTHI drawdown since its inception was -32.65%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for FTHI and EPI.
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Drawdown Indicators
| FTHI | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.65% | -66.21% | +33.56% |
Max Drawdown (1Y)Largest decline over 1 year | -5.47% | -16.88% | +11.41% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -21.89% | +5.97% |
Max Drawdown (5Y)Largest decline over 5 years | -16.70% | -21.89% | +5.19% |
Max Drawdown (10Y)Largest decline over 10 years | -32.65% | -50.29% | +17.64% |
Current DrawdownCurrent decline from peak | -1.24% | -15.50% | +14.26% |
Average DrawdownAverage peak-to-trough decline | -3.67% | -18.64% | +14.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 7.38% | -6.10% |
Volatility
FTHI vs. EPI - Volatility Comparison
The current volatility for First Trust BuyWrite Income ETF (FTHI) is 2.71%, while WisdomTree India Earnings Fund (EPI) has a volatility of 4.62%. This indicates that FTHI 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.
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Volatility by Period
| FTHI | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 4.62% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 7.29% | 13.11% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.04% | 15.22% | -6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 16.26% | -2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.29% | 20.30% | -6.01% |
FTHI vs. EPI - Expense Ratio Comparison
FTHI has a 0.85% expense ratio, which is higher than EPI's 0.84% expense ratio.
Dividends
FTHI vs. EPI - Dividend Comparison
FTHI's dividend yield for the trailing twelve months is around 9.56%, while EPI has not 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% |
FTHI First Trust BuyWrite Income ETF | 9.56% | 8.70% | 8.61% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.00% | 4.41% | 4.98% |
Frequently Asked Questions
FTHI and EPI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPI has higher volatility (4.62%) compared to FTHI (2.71%). In terms of maximum drawdown, FTHI dropped -32.65% vs EPI's -66.21%.
On 10-year performance, EPI leads with 9.69% vs 8.60% for FTHI. On fees, EPI is cheaper at 0.84% per year. On volatility, FTHI has been the lower-risk option at 2.71%. 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 9.69% return vs 8.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EPI is cheaper with a 0.84% expense ratio, compared with 0.85% for FTHI.
FTHI has the higher dividend yield at 9.56%, compared with 0.00% for EPI.
FTHI is categorized as Derivative Income, while EPI is Emerging Markets Equities. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.85% for FTHI and 0.84% for EPI.
FTHI currently has the higher Sharpe Ratio (1.57 vs -0.56), 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.
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