NFTY vs. EPI
Compare and contrast key facts about First Trust India NIFTY 50 Equal Weight ETF (NFTY) and WisdomTree India Earnings Fund (EPI).
NFTY and EPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012. 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 NFTY 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: NFTY or EPI.
Performance
NFTY vs. EPI - Performance Comparison
Returns By Period
In the year-to-date period, NFTY achieves a 7.38% return, which is significantly lower than EPI's 11.00% return. Over the past 10 years, NFTY has underperformed EPI with an annualized return of 7.34%, while EPI has yielded a comparatively higher 8.60% annualized return.
NFTY
7.38%
-7.34%
0.85%
17.58%
12.83%
7.34%
EPI
11.00%
-6.57%
-0.31%
21.20%
15.56%
8.60%
Key characteristics
| NFTY | EPI | |
|---|---|---|
| Sharpe Ratio | 1.15 | 1.29 |
| Sortino Ratio | 1.60 | 1.64 |
| Omega Ratio | 1.22 | 1.26 |
| Calmar Ratio | 1.56 | 2.04 |
| Martin Ratio | 5.95 | 7.32 |
| Ulcer Index | 3.02% | 2.92% |
| Daily Std Dev | 15.63% | 16.50% |
| Max Drawdown | -47.67% | -66.21% |
| Current Drawdown | -11.51% | -10.45% |
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NFTY vs. EPI - Expense Ratio Comparison
NFTY has a 0.80% expense ratio, which is lower than EPI's 0.84% expense ratio.
Correlation
The correlation between NFTY and EPI is 0.50, 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.
Risk-Adjusted Performance
NFTY vs. EPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust India NIFTY 50 Equal Weight ETF (NFTY) 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
NFTY vs. EPI - Dividend Comparison
NFTY's dividend yield for the trailing twelve months is around 0.24%, while EPI has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFTY First Trust India NIFTY 50 Equal Weight ETF | 0.24% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% | 1.72% |
EPI WisdomTree India Earnings Fund | 0.00% | 0.15% | 6.01% | 1.18% | 0.78% | 1.17% | 1.18% | 0.85% | 1.04% | 1.20% | 1.02% | 0.75% |
Drawdowns
NFTY vs. EPI - Drawdown Comparison
The maximum NFTY drawdown since its inception was -47.67%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for NFTY and EPI. For additional features, visit the drawdowns tool.
Volatility
NFTY vs. EPI - Volatility Comparison
First Trust India NIFTY 50 Equal Weight ETF (NFTY) has a higher volatility of 4.24% compared to WisdomTree India Earnings Fund (EPI) at 3.87%. This indicates that NFTY'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.