IYW vs. EPI
IYW (iShares U.S. Technology ETF) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - IYW is a Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index, while EPI is a Asia Pacific Equities fund tracking the WisdomTree India Earnings Index. Both are passively managed. Over the past 10 years, IYW returned 25.53%/yr vs 9.04%/yr for EPI. A 0.51 correlation means they provide meaningful diversification when combined. IYW charges 0.38%/yr vs 0.84%/yr for EPI.
Performance
IYW vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, IYW achieves a 22.81% return, which is significantly higher than EPI's -10.46% return. Over the past 10 years, IYW has outperformed EPI with an annualized return of 25.53%, while EPI has yielded a comparatively lower 9.04% annualized return.
IYW
- 1D
- 1.61%
- 1M
- 2.72%
- YTD
- 22.81%
- 6M
- 20.20%
- 1Y
- 50.11%
- 3Y*
- 33.35%
- 5Y*
- 21.56%
- 10Y*
- 25.53%
EPI
- 1D
- -0.17%
- 1M
- -5.15%
- YTD
- -10.46%
- 6M
- -7.79%
- 1Y
- -11.22%
- 3Y*
- 7.35%
- 5Y*
- 5.30%
- 10Y*
- 9.04%
IYW vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IYW iShares U.S. Technology ETF | 22.81% | 25.38% | 30.25% | 65.44% | -34.83% | 35.44% | 47.45% | 46.64% | -0.93% | 36.60% |
EPI WisdomTree India Earnings Fund | -10.46% | 2.25% | 10.70% | 26.03% | -4.74% | 26.41% | 18.55% | 1.53% | -9.88% | 39.14% |
Correlation
The correlation between IYW and EPI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2008 | 0.51 |
The correlation between IYW and EPI shifts across timeframes, from 0.37 (3 years) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IYW vs. EPI — Risk / Return Rank
IYW
EPI
IYW vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Technology ETF (IYW) 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.
| IYW | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.15 | ||
| Sortino ratioReturn per unit of downside risk | +3.97 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.89 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | -0.67 | +3.49 |
| Martin ratioReturn relative to average drawdown | 9.20 | -1.61 | +10.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IYW | EPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | -0.75 | +3.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.33 | +0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.02 | 0.45 | +0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.13 | +0.21 |
Drawdowns
IYW vs. EPI - Drawdown Comparison
The maximum IYW drawdown since its inception was -81.90%, which is greater than EPI's maximum drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for IYW and EPI.
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Drawdown Indicators
| IYW | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.90% | -66.21% | -15.69% |
Max Drawdown (1Y)Largest decline over 1 year | -17.81% | -16.88% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -26.47% | -21.89% | -4.58% |
Max Drawdown (5Y)Largest decline over 5 years | -39.44% | -21.89% | -17.55% |
Max Drawdown (10Y)Largest decline over 10 years | -39.44% | -50.29% | +10.85% |
Current DrawdownCurrent decline from peak | -5.70% | -18.22% | +12.52% |
Average DrawdownAverage peak-to-trough decline | -34.64% | -18.65% | -15.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.46% | 7.00% | -1.54% |
Volatility
IYW vs. EPI - Volatility Comparison
iShares U.S. Technology ETF (IYW) has a higher volatility of 8.86% compared to WisdomTree India Earnings Fund (EPI) at 4.88%. This indicates that IYW'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
| IYW | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.86% | 4.88% | +3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 17.10% | 12.90% | +4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.05% | 15.03% | +6.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.01% | 16.22% | +9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.18% | 20.36% | +4.82% |
IYW vs. EPI - Expense Ratio Comparison
IYW has a 0.38% expense ratio, which is lower than EPI's 0.84% expense ratio.
Dividends
IYW vs. EPI - Dividend Comparison
IYW's dividend yield for the trailing twelve months is around 0.11%, 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% |
IYW iShares U.S. Technology ETF | 0.11% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Frequently Asked Questions
IYW and EPI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYW has higher volatility (8.86%) compared to EPI (4.88%). In terms of maximum drawdown, IYW dropped -81.90% vs EPI's -66.21%.
On 10-year performance, IYW leads with 25.53% vs 9.04% for EPI. On fees, IYW is cheaper at 0.38% per year. On volatility, EPI has been the lower-risk option at 4.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IYW has performed better with a 25.53% return vs 9.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYW is cheaper with a 0.38% expense ratio, compared with 0.84% for EPI.
IYW has the higher dividend yield at 0.11%, compared with 0.00% for EPI.
IYW is categorized as Technology Equities, while EPI is Asia Pacific Equities. IYW tracks Russell 1000 Technology RIC 22.5/45 Capped Index, while EPI tracks WisdomTree India Earnings Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.38% for IYW and 0.84% for EPI.
IYW currently has the higher Sharpe Ratio (2.40 vs -0.75), 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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