HYIN vs. EPI
HYIN (WisdomTree Alternative Income Fund) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - HYIN is a Diversified Portfolio fund tracking the Gapstow Liquid Alternative Credit Index, while EPI is a India Equities fund tracking the WisdomTree India Earnings Index. Both are passively managed. Over the past 5 years, HYIN returned -0.52%/yr vs 5.93%/yr for EPI. Their 0.43 correlation means their historical movements had little consistent relationship. HYIN charges 3.20%/yr vs 0.84%/yr for EPI.
Performance
HYIN vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, HYIN achieves a -5.41% return, which is significantly higher than EPI's -6.01% return.
HYIN
- 1D
- -1.09%
- 1M
- -0.68%
- 6M
- -4.29%
- YTD
- -5.41%
- 1Y
- -7.37%
- 3Y*
- 1.94%
- 5Y*
- -0.52%
- 10Y*
- —
- ALL TIME*
- -0.03%
EPI
- 1D
- -0.34%
- 1M
- 1.05%
- 6M
- -5.66%
- YTD
- -6.01%
- 1Y
- -2.14%
- 3Y*
- 6.81%
- 5Y*
- 5.93%
- 10Y*
- 8.66%
- ALL TIME*
- 3.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.02M | $16.66M | $20.82M | |
| $308.54K | $257.38K | $300.22K |
HYIN vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HYIN WisdomTree Alternative Income Fund | -5.41% | -0.46% | 7.39% | 21.84% | -21.14% | 2.73% |
EPI WisdomTree India Earnings Fund | -6.01% | 2.25% | 10.70% | 26.03% | -4.74% | 16.69% |
Correlation
The correlation between HYIN and EPI is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 6, 2021 | 0.43 |
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Return for Risk
HYIN vs. EPI — Risk / Return Rank
HYIN
EPI
HYIN vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Alternative Income Fund (HYIN) 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.
| HYIN | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.99 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | -0.14 | -0.34 |
| Martin ratioReturn relative to average drawdown | -0.86 | -0.32 | -0.54 |
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Drawdowns
HYIN vs. EPI - Drawdown Comparison
The maximum HYIN drawdown since its inception was -31.10%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for HYIN and EPI.
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Drawdown Indicators
| HYIN | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.10% | -66.21% | +35.11% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -15.69% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -21.89% | +6.04% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | -21.89% | -9.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.29% | — |
Current DrawdownCurrent decline from peak | -11.22% | -14.16% | +2.94% |
Average DrawdownAverage peak-to-trough decline | -9.09% | -18.62% | +9.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.60% | 6.72% | +1.88% |
Volatility
HYIN vs. EPI - Volatility Comparison
WisdomTree Alternative Income Fund (HYIN) has a higher volatility of 4.08% compared to WisdomTree India Earnings Fund (EPI) at 3.47%. This indicates that HYIN's price experiences larger fluctuations and is considered to be riskier 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
| HYIN | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 3.47% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.13% | 12.69% | -2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.18% | 15.32% | -2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 16.28% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 20.27% | -3.60% |
HYIN vs. EPI - Expense Ratio Comparison
HYIN has a 3.20% expense ratio, which is higher than EPI's 0.84% expense ratio.
Dividends
HYIN vs. EPI - Dividend Comparison
HYIN's dividend yield for the trailing twelve months is around 13.44%, 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% |
HYIN WisdomTree Alternative Income Fund | 13.44% | 12.58% | 12.59% | 11.71% | 11.34% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HYIN and EPI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HYIN has higher volatility (4.08%) compared to EPI (3.47%). In terms of maximum drawdown, HYIN dropped -31.10% vs EPI's -66.21%.
On 5-year performance, EPI leads with 5.93% vs -0.52% for HYIN. On fees, EPI is cheaper at 0.84% per year. On volatility, EPI has been the lower-risk option at 3.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EPI has performed better with a 5.93% return vs -0.52%. 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 3.20% for HYIN.
HYIN has the higher dividend yield at 13.44%, compared with 0.00% for EPI.
HYIN is categorized as Diversified Portfolio, while EPI is India Equities. HYIN tracks Gapstow Liquid Alternative Credit Index, while EPI tracks WisdomTree India Earnings Index. Their fees differ too: 3.20% for HYIN and 0.84% for EPI.
EPI currently has the higher Sharpe Ratio (-0.14 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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