WisdomTree India Earnings Fund
ALTAR
Score™		 6.1% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 19.5x P/Sales
ratio		 2.0x
P/BV
ratio		 2.8x 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) $3,702
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 477
Wgt avg mkt cap (mns) $66,521
Large cap (>$10bn) 78.9%
Mid cap ($2-10bn) 16.8%
Small cap (<$2bn) 4.0%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
RELIANCE INDS-SPONS GDR 144A 11.4 %
HDFC BANK LIMITED 4.9 %
ICICI BANK LTD 4.8 %
INFOSYS TECHNOLOGIES LTD 4.5 %
OIL & NATURAL GAS CORP LTD 3.2 %
COAL INDIA LTD 3.1 %
TATA CONSULTANCY SVS LTD 2.8 %
STATE BANK OF INDIA 2.5 %
MAHINDRA & MAHINDRA LTD. 2.5 %
POWER GRID CORP OF INDIA LTD 2.2 %
Total 41.8 %

TOP COUNTRY EXPOSURE
INDIA 95.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
16.0% 32.6% 16.2% 9.0% 5.0%

Market Correlations
versus... Beta R-squared
S&P500 0.58 49%
MSCI EAFE 0.54 44%
MSCI Emg. Mkts. 0.50 37%

Technical Indicators
Recent close $46.16
30d moving avg. $49.01
Annualized volatility 14.5%
Short interest (ETF) 3.2%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 1,521
Turnover 1.9%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,628

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 151 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™: 6.1%


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
(%)
FLIN Franklin FTSE India ETF 65.7 19 66 4.7 -1.4
PIN Invesco India ETF 54.2 78 7 4.5 -1.6
INDA iShares MSCI India ETF 53.4 65 20 4.4 -1.7
INDY iShares India 50 ETF 44.6 89 -4 4.6 -1.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 40.1 80 5 6.3 +0.2
EEMO Invesco S&P Emerging Markets Momentum ETF 29.9 29 56 5.5 -0.5
XC WisdomTree Emerging Markets Ex-China Fund 27.3 32 53 6.0 -0.1
BKF iShares MSCI BIC ETF 27.1 69 16 6.9 +0.9
STXE Strive Emerging Markets Ex-China ETF 24.5 32 53 7.0 +1.0
XCNY SPDR S&P Emerging Markets ex-China ETF 23.2 15 70 6.3 +0.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 22.8 32 53 6.9 +0.8
JHEM John Hancock Multifactor Emerging Markets ETF 22.5 49 36 8.2 +2.1
ECON Columbia Emerging Markets Consumer ETF 21.8 49 36 7.3 +1.3
FLAX Franklin FTSE Asia Ex Japan ETF 21.3 19 66 6.9 +0.8
GLIN VanEck India Growth Leaders ETF 21.2 77 8 5.7 -0.4
EMXC iShares MSCI Emerging Markets ex China ETF 20.1 25 60 6.7 +0.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 19.9 15 70 7.2 +1.2
EMMF WisdomTree Emerging Markets Multifactor Fund 19.2 48 37 8.8 +2.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 19.0 24 61 9.2 +3.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 18.6 36 49 7.8 +1.8
NDIA Global X India Active ETF 18.5 75 10 7.2 +1.2
EEMA iShares MSCI Emerging Markets Asia ETF 18.5 49 36 6.5 +0.5
BKEM BNY Mellon Emerging Markets Equity ETF 18.4 11 74 8.4 +2.3
RNEM First Trust Emerging Markets Equity Select ETF 18.4 75 10 7.6 +1.5
EQLT iShares MSCI Emerging Markets Quality Factor ETF 17.3 35 50 7.4 +1.3
GMF SPDR S&P Emerging Asia Pacific ETF 17.2 49 36 6.1 +0.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 16.9 70 15 6.2 +0.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 16.9 66 19 10.0 +3.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 16.6 32 53 6.2 +0.2
VWO Vanguard FTSE Emerging Markets ETF 16.6 8 77 6.9 +0.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 16.3 40 45 8.3 +2.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 16.2 45 40 11.0 +4.9
INDF Nifty India Financials ETF 16.1 75 10 5.3 -0.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 16.0 30 55 8.1 +2.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 15.9 20 65 6.8 +0.7
EMXF iShares ESG Advanced MSCI EM ETF 15.9 16 69 6.8 +0.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 15.3 30 55 7.3 +1.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 15.1 15 70 10.2 +4.2
DFAE Dimensional Emerging Core Equity Market ETF 15.0 35 50 7.3 +1.3
IEMG iShares Core MSCI Emerging Markets ETF 14.9 9 76 7.5 +1.4
EEM iShares MSCI Emerging Markets ETF 14.8 69 16 6.9 +0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 14.6 59 26 11.3 +5.2
EMGF iShares Emerging Markets Equity Factor ETF 14.6 25 60 8.5 +2.4
SCHE Schwab Emerging Markets Equity ETF 14.5 11 74 7.1 +1.1
LDEM iShares ESG MSCI EM Leaders ETF 14.5 17 68 7.6 +1.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 14.4 38 47 7.8 +1.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 14.4 50 35 13.0 +6.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 14.4 33 52 8.2 +2.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 14.4 35 50 12.4 +6.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 14.4 25 60 6.6 +0.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 14.1 18 67 6.8 +0.8
DEHP Dimensional Emerging Markets High Profitability ETF 14.1 41 44 5.0 -1.1
SPEM SPDR Portfolio Emerging Markets ETF 14.0 7 78 7.3 +1.3
AVES Avantis Emerging Markets Value ETF 14.0 36 49 11.6 +5.5
ROAM Hartford Multifactor Emerging Markets ETF 13.5 44 41 15.8 +9.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 13.1 41 44 7.4 +1.4
AVEM Avantis Emerging Markets Equity ETF 13.1 33 52 8.9 +2.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 12.5 44 41 10.6 +4.6
ESGE iShares ESG Aware MSCI EM ETF 12.4 25 60 7.1 +1.1
FDEM Fidelity Emerging Markets Multifactor ETF 12.1 25 60 12.3 +6.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 12.1 75 10 8.2 +2.2
XCEM Columbia EM Core ex-China ETF 12.0 16 69 7.7 +1.7
INQQ India Internet & Ecommerce ETF 11.9 86 -1 2.6 -3.5
MINV Matthews Asia Innovators Active ETF 11.8 79 6 3.0 -3.1
DFEV Dimensional Emerging Markets Value ETF 11.5 43 42 11.1 +5.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 11.5 86 -1 1.6 -4.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 11.5 86 -1 1.2 -4.8
NUEM Nuveen ESG Emerging Markets Equity ETF 11.2 36 49 6.5 +0.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 11.0 95 -10 10.5 +4.5
SMIN iShares MSCI India Small Cap ETF 10.8 79 6 3.5 -2.6
MEM Matthews Emerging Markets Equity Active ETF 10.1 79 6 5.4 -0.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 10.0 45 40 12.3 +6.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 9.9 88 -3 7.4 +1.4
PXH Invesco FTSE RAFI Emerging Markets ETF 9.8 49 36 12.2 +6.2
CGXU Capital Group International Focus Equity ETF 9.5 54 31 4.9 -1.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 9.0 39 46 12.5 +6.4
DEM WisdomTree Emerging Markets High Dividend Fund 8.1 63 22 18.9 +12.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 8.1 70 15 7.7 +1.7
DGIN VanEck Digital India ETF 7.6 71 14 0.1 -5.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 6.8 58 27 10.2 +4.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.7 18 67 7.0 +1.0
IPAV Global X Infrastructure Development ex-U.S. ETF 5.5 55 30 9.7 +3.6
EMM Global X Emerging Markets ex-China ETF 5.4 75 10 4.2 -1.8
ACWV iShares MSCI Global Min Vol Factor ETF 5.1 20 65 6.3 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.9 41 44 7.4 +1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.9 30 55 8.0 +1.9
EYLD Cambria Emerging Shareholder Yield ETF 4.9 66 19 13.2 +7.1
VXUS Vanguard Total International Stock ETF 4.8 7 78 7.2 +1.1
IXUS iShares Core MSCI Total International Stock ETF 4.7 7 78 7.2 +1.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.7 8 77 7.3 +1.2
VSGX Vanguard ESG International Stock ETF 4.6 12 73 6.8 +0.7
ACWX iShares MSCI ACWI ex U.S. ETF 4.6 34 51 7.0 +0.9
PICK iShares MSCI Global Metals & Mining Producers ETF 4.6 39 46 12.8 +6.8
FEM First Trust Emerging Markets AlphaDEX Fund 4.5 80 5 13.0 +7.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.3 60 25 9.8 +3.8
SCHY Schwab International Dividend Equity ETF 3.9 14 71 9.3 +3.3
CWI SPDR MSCI ACWI ex-US ETF 3.8 30 55 6.9 +0.9
VIGI Vanguard International Dividend Appreciation ETF 3.6 15 70 6.4 +0.4
NXTG First Trust Indxx NextG ETF 3.6 70 15 6.2 +0.2
FTAG First Trust Indxx Global Agriculture ETF 3.5 70 15 9.7 +3.6
INCO Columbia India Consumer ETF 3.2 75 10 1.5 -4.5
DVYE iShares Emerging Markets Dividend ETF 3.2 49 36 18.8 +12.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 3.1 7 78 6.7 +0.6
EMC Global X Emerging Markets Great Consumer ETF 3.1 75 10 4.5 -1.5
IGRO iShares International Dividend Growth ETF 3.1 15 70 7.5 +1.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.9 42 43 8.1 +2.0
FTRI First Trust Indxx Global Natural Resources Income ETF 2.9 70 15 9.8 +3.7
IQDE FlexShares International Quality Dividend Defensive Index ET 2.9 47 38 14.8 +8.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.6 65 20 8.2 +2.1
CGGO Capital Group Global Growth Equity ETF 2.5 47 38 4.6 -1.5
EWX SPDR S&P Emerging Markets Small Cap ETF 2.4 65 20 8.2 +2.1
IQDF FlexShares International Quality Dividend Index Fund 2.3 47 38 12.9 +6.8
EDIV SPDR S&P Emerging Markets Dividend ETF 1.9 49 36 12.0 +6.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.8 67 18 15.0 +9.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.8 20 65 5.2 -0.9
BIGFX Baron International Growth Retail 1.7 75 10 3.1 -2.9
VT Vanguard Total World Stock ETF 1.7 7 78 5.5 -0.5
ACWI iShares MSCI ACWI ETF 1.6 32 53 5.3 -0.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.5 47 38 9.4 +3.3
KNCT Invesco Next Gen Connectivity ETF 1.5 40 45 5.6 -0.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.5 12 73 4.8 -1.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.4 45 40 5.7 -0.4
VYMI Vanguard International High Dividend Yield ETF 1.4 22 63 9.8 +3.8
VEGI iShares MSCI Agriculture Producers ETF 1.4 39 46 9.2 +3.2
ICLN iShares Global Clean Energy ETF 1.3 41 44 6.0 -0.1
KLMT Invesco MSCI Global Climate 500 ETF 1.2 10 75 5.4 -0.6
FILL iShares MSCI Global Energy Producers ETF 1.2 39 46 9.6 +3.6
XT iShares Exponential Technologies ETF 1.2 46 39 4.8 -1.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.1 46 39 9.3 +3.3
DEW WisdomTree Global High Dividend Fund 1.0 58 27 8.5 +2.5
GLOF iShares Global Equity Factor ETF 0.9 20 65 7.0 +1.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 73 8.3 +2.2
OBOR KraneShares MSCI One Belt One Road Index ETF 0.8 79 6 10.3 +4.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.8 47 38 5.5 -0.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.6 49 36 5.6 -0.4
DGT SPDR Global Dow ETF 0.6 50 35 6.8 +0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 76 5.4 -0.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 7 9.0 +2.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 56 8.7 +2.7
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 40 3.6 -2.5
CGW Invesco S&P Global Water Index ETF 0.3 57 28 4.4 -1.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 5 12.3 +6.2
PID Invesco International Dividend Achievers ETF 0.2 53 32 7.0 +1.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.1 10 75 7.7 +1.6
IWTR iShares MSCI Water Management Multisector ETF 0.1 47 38 5.0 -1.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 38 4.9 -1.2
SUPL ProShares Supply Chain Logistics ETF 0.1 58 27 14.2 +8.2
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 23 3.6 -2.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.1 75 10 2.9 -3.2
CUT Invesco MSCI Global Timber ETF 0.0 61 24 8.4 +2.3
JIG JPMorgan International Growth ETF 0.0 55 30 4.6 -1.4

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
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

Content on this tab for subscribers only

VALUATION METRICS
  2023 2024E 2025E
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:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.7 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 85 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.48
 
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.