WisdomTree India Earnings Fund
ALTAR
Score™		 4.9% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 20.5x P/Sales
ratio		 2.1x
P/BV
ratio		 2.7x Div.
yield		 1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree India Earnings index, which is weighted by earnings and are eligible for purchase by foreign investors.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor WisdomTree
Website www.wisdomtree.com
Inception date Feb 22, 2008
Assets (mns) $3,192
Currency USD
Expense ratio 85 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Earnings
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 558
Wgt avg mkt cap (mns) $220,188
Large cap (>$10bn) 81.2%
Mid cap ($2-10bn) 15.4%
Small cap (<$2bn) 2.9%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
RELIANCE INDS-SPONS GDR 144A 26.6 %
ICICI BANK LTD 5.6 %
HDFC BANK LIMITED 4.7 %
INFOSYS TECHNOLOGIES LTD 4.1 %
OIL & NATURAL GAS CORP LTD 3.0 %
STATE BANK OF INDIA 2.9 %
COAL INDIA LTD 2.7 %
NTPC LIMITED 2.2 %
HINDALCO INDUSTRIES LIMITED 2.1 %
POWER GRID CORP OF INDIA LTD 2.0 %
Total 56.0 %

TOP COUNTRY EXPOSURE
INDIA 109.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.9% -6.7% 6.9% 9.1% 3.8%

Market Correlations
versus... Beta R-squared
S&P500 0.45 27%
MSCI EAFE 0.57 37%
MSCI Emg. Mkts. 0.50 38%

Technical Indicators
Recent close $42.93
30d moving avg. $41.98
Annualized volatility 14.1%
Short interest (ETF) 3.1%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 1,324
Turnover 1.8%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $1,060

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 153 potential alternatives to the WisdomTree India Earnings Fund ETF based on the alternatives' overlap in portfolio holdings with EPI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EPI Expense: 85 bp ALTAR Score™: 4.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EPI
Ticker Fund
Name		 Overlap1
vs EPI
(%)		 Expense
ratio
(bp)		 Savings
vs EPI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EPI
(%)
INDA iShares MSCI India ETF 53.8 65 20 4.4 -0.5
PIN Invesco India ETF 52.1 78 7 4.7 -0.3
INDY iShares India 50 ETF 44.1 89 -4 5.0 +0.1
NFTY First Trust India NIFTY 50 Equal Weight ETF 38.3 80 5 4.7 -0.2
XC WisdomTree Emerging Markets Ex-China Fund 36.3 32 53 6.0 +1.1
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 26.7 86 -1 0.2 -4.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 26.1 86 -1 12.0 +7.1
INQQ India Internet & Ecommerce ETF 26.1 86 -1 0.6 -4.3
BKF iShares MSCI BIC ETF 23.3 69 16 13.6 +8.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 20.8 24 61 5.7 +0.8
JHEM John Hancock Multifactor Emerging Markets ETF 19.1 49 36 7.9 +3.0
VEXC Vanguard Emerging Markets Ex-China ETF 18.0 7 78 5.9 +1.0
FLAX Franklin FTSE Asia Ex Japan ETF 17.8 19 66 7.6 +2.7
XCNY SPDR S&P Emerging Markets ex-China ETF 17.6 15 70 5.9 +1.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 17.1 32 53 5.1 +0.2
NDIA Global X India Active ETF 17.0 75 10 4.8 -0.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 16.6 15 70 8.4 +3.4
RNEM First Trust Emerging Markets Equity Select ETF 16.3 75 10 7.7 +2.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 15.6 20 65 8.7 +3.8
XCEM Columbia EM Core ex-China ETF 15.0 16 69 5.3 +0.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 14.6 36 49 8.0 +3.1
BKEM BNY Mellon Emerging Markets Equity ETF 14.6 11 74 8.3 +3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 14.3 66 19 7.6 +2.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 13.5 40 45 6.6 +1.7
EEMA iShares MSCI Emerging Markets Asia ETF 13.1 49 36 8.1 +3.2
GMF SPDR S&P Emerging Asia Pacific ETF 13.1 49 36 9.0 +4.1
EMXC iShares MSCI Emerging Markets ex China ETF 13.0 25 60 5.5 +0.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 13.0 45 40 8.5 +3.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 12.6 25 60 6.5 +1.5
STXE Strive Emerging Markets Ex-China ETF 12.5 32 53 5.8 +0.9
VWO Vanguard FTSE Emerging Markets ETF 12.4 7 78 9.2 +4.3
AVXC Avantis Emerging Markets Ex-China Equity ETF 12.3 33 52 6.6 +1.6
EMMF WisdomTree Emerging Markets Multifactor Fund 11.9 48 37 9.0 +4.1
AVES Avantis Emerging Markets Value ETF 11.8 36 49 9.0 +4.1
NUEM Nuveen ESG Emerging Markets Equity ETF 11.7 36 49 6.2 +1.3
ROAM Hartford Multifactor Emerging Markets ETF 11.7 44 41 8.0 +3.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 11.7 30 55 8.0 +3.1
GLIN VanEck India Growth Leaders ETF 11.5 77 8 5.3 +0.4
LDEM iShares ESG MSCI EM Leaders ETF 11.4 17 68 12.2 +7.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 11.4 70 15 7.5 +2.6
ECON Columbia Emerging Markets Consumer ETF 11.3 49 36 7.3 +2.4
CGXU Capital Group International Focus Equity ETF 11.2 54 31 4.0 -0.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 11.1 32 53 7.8 +2.9
DEXC Dimensional Emerging Markets ex China Core EquityETF 10.8 53 32 5.5 +0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 10.5 15 70 9.3 +4.4
DEHP Dimensional Emerging Markets High Profitability ETF 10.5 41 44 5.2 +0.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 10.4 59 26 8.8 +3.9
SCHE Schwab Emerging Markets Equity ETF 10.4 11 74 9.5 +4.6
SPEM SPDR Portfolio Emerging Markets ETF 10.1 7 78 9.6 +4.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 10.1 35 50 11.5 +6.6
IEMG iShares Core MSCI Emerging Markets ETF 10.0 9 76 8.5 +3.6
SMIN iShares MSCI India Small Cap ETF 10.0 79 6 3.5 -1.4
EEM iShares MSCI Emerging Markets ETF 10.0 69 16 8.2 +3.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 9.8 44 41 9.1 +4.2
DFAE Dimensional Emerging Core Equity Market ETF 9.7 35 50 7.3 +2.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 9.7 30 55 8.5 +3.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 9.5 95 -10 10.4 +5.5
EMXF iShares ESG Advanced MSCI EM ETF 9.3 16 69 7.2 +2.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 9.3 33 52 7.1 +2.2
AVEM Avantis Emerging Markets Equity ETF 9.2 33 52 7.4 +2.5
AVSE Avantis Responsible Emerging Markets Equity ETF 9.1 33 52 7.1 +2.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 9.0 38 47 7.3 +2.4
EMGF iShares Emerging Markets Equity Factor ETF 8.9 25 60 9.4 +4.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 8.9 41 44 7.1 +2.2
FDEM Fidelity Emerging Markets Multifactor ETF 8.7 25 60 10.7 +5.8
INCO Columbia India Consumer ETF 8.5 75 10 2.0 -2.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 8.5 88 -3 8.3 +3.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 8.3 75 10 6.6 +1.6
DFEV Dimensional Emerging Markets Value ETF 8.1 43 42 10.1 +5.2
ESGE iShares ESG Aware MSCI EM ETF 8.0 25 60 8.7 +3.8
PXH Invesco FTSE RAFI Emerging Markets ETF 7.9 49 36 13.5 +8.6
JIVE JPMorgan International Value ETF 7.4 55 30 8.4 +3.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 7.2 39 46 13.7 +8.8
EMC Global X Emerging Markets Great Consumer ETF 6.6 75 10 7.6 +2.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 6.6 70 15 6.5 +1.5
EEMO Invesco S&P Emerging Markets Momentum ETF 6.4 29 56 7.5 +2.6
SCHY Schwab International Dividend Equity ETF 6.0 14 71 8.2 +3.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.8 50 35 8.6 +3.6
MINV Matthews Asia Innovators Active ETF 5.7 79 6 6.2 +1.2
IPAV Global X Infrastructure Development ex-U.S. ETF 5.4 55 30 5.7 +0.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 5.3 42 43 7.6 +2.7
MEM Matthews Emerging Markets Equity Active ETF 5.2 79 6 9.0 +4.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.6 18 67 6.5 +1.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.5 58 27 8.4 +3.4
JADE JPMorgan Active Developing Markets Equity ETF 4.4 65 20 6.3 +1.4
DEM WisdomTree Emerging Markets High Dividend Fund 4.3 63 22 10.7 +5.8
ACWV iShares MSCI Global Min Vol Factor ETF 3.9 20 65 5.7 +0.8
PICK iShares MSCI Global Metals & Mining Producers ETF 3.8 39 46 8.0 +3.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.8 41 44 6.2 +1.3
EYLD Cambria Emerging Shareholder Yield ETF 3.5 66 19 9.4 +4.4
VXUS Vanguard Total International Stock ETF 3.4 5 80 6.7 +1.8
VEU Vanguard FTSE All-World ex-US Index Fund 3.3 4 81 6.8 +1.9
IXUS iShares Core MSCI Total International Stock ETF 3.2 7 78 6.7 +1.7
VSGX Vanguard ESG International Stock ETF 3.2 10 75 6.8 +1.9
ACWX iShares MSCI ACWI ex U.S. ETF 3.2 34 51 6.4 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.1 30 55 6.4 +1.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.1 45 40 9.4 +4.5
NXTG First Trust Indxx NextG ETF 3.0 70 15 4.4 -0.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.0 67 18 12.0 +7.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.0 60 25 6.4 +1.4
EWX SPDR S&P Emerging Markets Small Cap ETF 2.8 65 20 6.6 +1.7
FTAG First Trust Indxx Global Agriculture ETF 2.8 70 15 6.7 +1.8
CGGO Capital Group Global Growth Equity ETF 2.5 47 38 4.4 -0.5
CWI SPDR MSCI ACWI ex-US ETF 2.4 30 55 6.5 +1.6
DGIN VanEck Digital India ETF 2.4 71 14 1.5 -3.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.3 8 77 6.3 +1.4
VIGI Vanguard International Dividend Appreciation ETF 2.2 10 75 6.1 +1.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.1 65 20 7.8 +2.8
IQDF FlexShares International Quality Dividend Index Fund 2.1 47 38 7.7 +2.8
FEM First Trust Emerging Markets AlphaDEX Fund 2.1 80 5 8.6 +3.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.1 47 38 7.5 +2.6
FTRI First Trust Indxx Global Natural Resources Income ETF 2.0 70 15 6.0 +1.1
JIG JPMorgan International Growth ETF 1.9 55 30 3.6 -1.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.9 47 38 4.9 +0.0
IGRO iShares International Dividend Growth ETF 1.7 15 70 6.7 +1.8
DVYE iShares Emerging Markets Dividend ETF 1.6 49 36 16.8 +11.9
AQLT iShares MSCI Global Quality Factor ETF 1.4 18 67 0.0 -4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.3 20 65 5.0 +0.0
VT Vanguard Total World Stock ETF 1.3 6 79 5.2 +0.3
VEGI iShares MSCI Agriculture Producers ETF 1.3 39 46 7.2 +2.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.2 42 43 4.1 -0.9
ACWI iShares MSCI ACWI ETF 1.2 32 53 4.9 -0.0
ICLN iShares Global Clean Energy ETF 1.2 41 44 1.9 -3.0
KNCT Invesco Next Gen Connectivity ETF 1.2 40 45 3.8 -1.1
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 36 4.6 -0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 73 4.6 -0.3
KLMT Invesco MSCI Global Climate 500 ETF 1.0 10 75 5.2 +0.3
VYMI Vanguard International High Dividend Yield ETF 0.9 17 68 8.0 +3.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 73 8.2 +3.3
OBOR KraneShares MSCI One Belt One Road Index ETF 0.7 79 6 6.9 +2.0
GLOF iShares Global Equity Factor ETF 0.7 20 65 5.8 +0.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 7 10.0 +5.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 39 7.2 +2.3
DWX SPDR S&P International Dividend ETF 0.6 45 40 6.6 +1.7
EDIV SPDR S&P Emerging Markets Dividend ETF 0.6 49 36 8.9 +4.0
JGLO JPMorgan Global Select Equity ETF 0.6 33 52 4.4 -0.6
DGT State Street SPDR Global Dow ETF 0.5 50 35 5.9 +0.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 76 5.1 +0.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 56 8.5 +3.5
PID Invesco International Dividend Achievers ETF 0.3 53 32 4.1 -0.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 75 8.1 +3.2
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 40 4.7 -0.2
DEW WisdomTree Global High Dividend Fund 0.1 58 27 7.3 +2.4
CGW Invesco S&P Global Water Index ETF 0.1 57 28 4.2 -0.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 38 4.7 -0.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 5 11.3 +6.3
SETM Sprott Energy Transition Materials ETF 0.0 65 20 1.5 -3.4
PIO Invesco Global Water ETF 0.0 75 10 4.1 -0.8
AVRE Avantis Real Estate ETF 0.0 17 68 6.8 +1.9
CUT Invesco MSCI Global Timber ETF 0.0 61 24 8.0 +3.1
ERTH Invesco MSCI Sustainable Future ETF 0.0 62 23 3.0 -1.9
REET iShares Global REIT ETF 0.0 14 71 7.1 +2.2
DFGR Dimensional Global Real Estate ETF 0.0 22 63 7.1 +2.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 WisdomTree India Earnings Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.3 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 85 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.