MTGP vs. EPI
MTGP (WisdomTree Mortgage Plus Bond Fund) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - MTGP is a Mortgage Backed Securities fund actively managed by WisdomTree, while EPI is a Asia Pacific Equities fund tracking the WisdomTree India Earnings Index. MTGP is actively managed, while EPI is passively managed. Over the past 5 years, MTGP returned 0.29%/yr vs 5.37%/yr for EPI. At a 0.04 correlation, their price movements are largely independent. MTGP charges 0.45%/yr vs 0.84%/yr for EPI.
Performance
MTGP vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, MTGP achieves a 0.21% return, which is significantly higher than EPI's -10.02% return.
MTGP
- 1D
- -0.23%
- 1M
- 0.13%
- YTD
- 0.21%
- 6M
- 0.15%
- 1Y
- 6.02%
- 3Y*
- 4.29%
- 5Y*
- 0.29%
- 10Y*
- —
EPI
- 1D
- -1.40%
- 1M
- -2.71%
- YTD
- -10.02%
- 6M
- -8.12%
- 1Y
- -9.55%
- 3Y*
- 7.59%
- 5Y*
- 5.37%
- 10Y*
- 8.98%
MTGP vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MTGP WisdomTree Mortgage Plus Bond Fund | 0.21% | 7.57% | 2.48% | 3.96% | -11.29% | -0.64% | 4.91% | 0.05% |
EPI WisdomTree India Earnings Fund | -10.02% | 2.25% | 10.70% | 26.03% | -4.74% | 26.41% | 18.55% | 3.62% |
Correlation
The correlation between MTGP and EPI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2019 | 0.04 |
The correlation between MTGP and EPI shifts across timeframes, from 0.04 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MTGP vs. EPI — Risk / Return Rank
MTGP
EPI
MTGP vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Mortgage Plus Bond Fund (MTGP) 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.
| MTGP | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.90 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | -0.57 | +2.96 |
| Martin ratioReturn relative to average drawdown | 6.36 | -1.39 | +7.76 |
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
| MTGP | EPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | -0.64 | +1.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.33 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.13 | +0.04 |
Drawdowns
MTGP vs. EPI - Drawdown Comparison
The maximum MTGP drawdown since its inception was -16.63%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for MTGP and EPI.
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Drawdown Indicators
| MTGP | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -66.21% | +49.58% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -16.88% | +14.35% |
Max Drawdown (3Y)Largest decline over 3 years | -6.46% | -21.89% | +15.43% |
Max Drawdown (5Y)Largest decline over 5 years | -16.63% | -21.89% | +5.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.29% | — |
Current DrawdownCurrent decline from peak | -1.53% | -17.83% | +16.30% |
Average DrawdownAverage peak-to-trough decline | -5.11% | -18.65% | +13.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 6.87% | -5.92% |
Volatility
MTGP vs. EPI - Volatility Comparison
The current volatility for WisdomTree Mortgage Plus Bond Fund (MTGP) is 1.30%, while WisdomTree India Earnings Fund (EPI) has a volatility of 4.86%. This indicates that MTGP 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
| MTGP | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 4.86% | -3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 3.09% | 12.80% | -9.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.78% | 14.94% | -10.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.79% | 16.21% | -10.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 20.35% | -15.10% |
MTGP vs. EPI - Expense Ratio Comparison
MTGP has a 0.45% expense ratio, which is lower than EPI's 0.84% expense ratio.
Dividends
MTGP vs. EPI - Dividend Comparison
MTGP's dividend yield for the trailing twelve months is around 4.32%, 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% |
MTGP WisdomTree Mortgage Plus Bond Fund | 4.32% | 4.19% | 4.05% | 3.02% | 2.47% | 1.64% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MTGP and EPI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPI has higher volatility (4.86%) compared to MTGP (1.30%). In terms of maximum drawdown, MTGP dropped -16.63% vs EPI's -66.21%.
On 5-year performance, EPI leads with 5.37% vs 0.29% for MTGP. On fees, MTGP is cheaper at 0.45% per year. On volatility, MTGP has been the lower-risk option at 1.30%. 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 5.37% return vs 0.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MTGP is cheaper with a 0.45% expense ratio, compared with 0.84% for EPI.
MTGP has the higher dividend yield at 4.32%, compared with 0.00% for EPI.
MTGP is categorized as Mortgage Backed Securities, while EPI is Asia Pacific Equities. Their fees differ too: 0.45% for MTGP and 0.84% for EPI.
MTGP currently has the higher Sharpe Ratio (1.27 vs -0.64), 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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