XC vs. EPI
XC (WisdomTree Emerging Markets ex-China Fund) and EPI (WisdomTree India Earnings Fund) are both exchange-traded funds - XC is a Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets ex-China Index - Benchmark TR Net, while EPI is a Emerging Markets Equities fund tracking the WisdomTree India Earnings Index. Both are passively managed. Over the past 3 years, XC returned 10.25%/yr vs 8.38%/yr for EPI. A 0.66 correlation means they provide meaningful diversification when combined. XC charges 0.32%/yr vs 0.84%/yr for EPI.
Performance
XC vs. EPI - Performance Comparison
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Returns By Period
In the year-to-date period, XC achieves a -2.14% return, which is significantly higher than EPI's -6.85% return.
XC
- 1D
- -0.18%
- 1M
- 0.45%
- YTD
- -2.14%
- 6M
- -2.43%
- 1Y
- 3.87%
- 3Y*
- 10.25%
- 5Y*
- —
- 10Y*
- —
EPI
- 1D
- 1.08%
- 1M
- 1.77%
- YTD
- -6.85%
- 6M
- -6.18%
- 1Y
- -7.47%
- 3Y*
- 8.38%
- 5Y*
- 6.51%
- 10Y*
- 9.80%
XC vs. EPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XC WisdomTree Emerging Markets ex-China Fund | -2.14% | 18.19% | 5.49% | 21.31% | 1.58% |
EPI WisdomTree India Earnings Fund | -6.85% | 2.25% | 10.70% | 26.03% | 0.65% |
Correlation
The correlation between XC and EPI is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2022 | 0.66 |
The correlation between XC and EPI has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.
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Return for Risk
XC vs. EPI — Risk / Return Rank
XC
EPI
XC vs. EPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-China Fund (XC) 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.
| XC | EPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.93 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | -0.44 | +0.76 |
| Martin ratioReturn relative to average drawdown | 0.82 | -1.02 | +1.84 |
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Drawdowns
XC vs. EPI - Drawdown Comparison
The maximum XC drawdown since its inception was -20.97%, smaller than the maximum EPI drawdown of -66.21%. Use the drawdown chart below to compare losses from any high point for XC and EPI.
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Drawdown Indicators
| XC | EPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.97% | -66.21% | +45.24% |
Max Drawdown (1Y)Largest decline over 1 year | -12.47% | -16.88% | +4.41% |
Max Drawdown (3Y)Largest decline over 3 years | -20.97% | -21.89% | +0.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.29% | — |
Current DrawdownCurrent decline from peak | -8.11% | -14.93% | +6.82% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -18.64% | +14.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.72% | 7.35% | -2.63% |
Volatility
XC vs. EPI - Volatility Comparison
WisdomTree Emerging Markets ex-China Fund (XC) has a higher volatility of 5.04% compared to WisdomTree India Earnings Fund (EPI) at 4.57%. This indicates that XC'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
| XC | EPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 4.57% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 13.09% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.07% | 15.24% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.91% | 16.26% | -0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.91% | 20.30% | -4.39% |
XC vs. EPI - Expense Ratio Comparison
XC has a 0.32% expense ratio, which is lower than EPI's 0.84% expense ratio.
Dividends
XC vs. EPI - Dividend Comparison
XC's dividend yield for the trailing twelve months is around 12.25%, 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% |
XC WisdomTree Emerging Markets ex-China Fund | 12.25% | 11.74% | 1.49% | 1.42% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XC and EPI have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XC has higher volatility (5.04%) compared to EPI (4.57%). In terms of maximum drawdown, XC dropped -20.97% vs EPI's -66.21%.
On 3-year performance, XC leads with 10.25% vs 8.38% for EPI. On fees, XC is cheaper at 0.32% per year. On volatility, EPI has been the lower-risk option at 4.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XC has performed better with a 10.25% return vs 8.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XC is cheaper with a 0.32% expense ratio, compared with 0.84% for EPI.
XC has the higher dividend yield at 12.25%, compared with 0.00% for EPI.
XC is categorized as Emerging Markets Diversified, while EPI is Emerging Markets Equities. XC tracks WisdomTree Emerging Markets ex-China Index - Benchmark TR Net, while EPI tracks WisdomTree India Earnings Index. Their fees differ too: 0.32% for XC and 0.84% for EPI.
XC currently has the higher Sharpe Ratio (0.26 vs -0.49), 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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