WisdomTree India Earnings Fund
ALTAR
Score™		 5.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 19.9x P/Sales
ratio		 2.0x
P/BV
ratio		 2.6x Div.
yield		 1.8%


  • 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) $2,118
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 567
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 26.3 %
ICICI BANK LTD 5.5 %
HDFC BANK LIMITED 4.7 %
INFOSYS TECHNOLOGIES LTD 4.0 %
OIL & NATURAL GAS CORP LTD 3.2 %
STATE BANK OF INDIA 3.1 %
COAL INDIA LTD 2.9 %
NTPC LIMITED 2.4 %
HINDALCO INDUSTRIES LIMITED 2.0 %
POWER GRID CORP OF INDIA LTD 2.0 %
Total 56.2 %

TOP COUNTRY EXPOSURE
INDIA 110.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-8.1% -8.0% 6.3% 9.4% 4.0%

Market Correlations
versus... Beta R-squared
S&P500 0.65 26%
MSCI EAFE 0.60 36%
MSCI Emg. Mkts. 0.46 38%

Technical Indicators
Recent close $41.52
30d moving avg. $42.61
Annualized volatility 14.1%
Short interest (ETF) 3.1%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 641
Turnover 1.3%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $1,060

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 155 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™: 5.2%


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
(%)
PIN Invesco India ETF 52.6 78 7 4.8 -0.4
INDA iShares MSCI India ETF 51.3 65 20 4.7 -0.5
INDY iShares India 50 ETF 44.5 89 -4 5.4 +0.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 38.4 80 5 5.0 -0.2
XC WisdomTree Emerging Markets Ex-China Fund 35.9 32 53 6.6 +1.4
INQQ India Internet & Ecommerce ETF 26.5 86 -1 0.7 -4.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 26.4 86 -1 13.4 +8.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 26.4 86 -1 0.3 -4.9
BKF iShares MSCI BIC ETF 22.3 69 16 14.9 +9.7
NDIA Global X India Active ETF 17.7 75 10 5.3 +0.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 16.5 32 53 4.8 -0.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 16.5 24 61 5.2 +0.0
JHEM John Hancock Multifactor Emerging Markets ETF 16.3 49 36 7.5 +2.3
VEXC Vanguard Emerging Markets Ex-China ETF 15.4 7 78 5.7 +0.5
XCNY SPDR S&P Emerging Markets ex-China ETF 14.9 15 70 5.7 +0.5
FLAX Franklin FTSE Asia Ex Japan ETF 14.8 19 66 7.1 +1.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 13.8 15 70 8.0 +2.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 12.9 20 65 7.4 +2.2
RNEM First Trust Emerging Markets Equity Select ETF 12.7 75 10 8.2 +3.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 12.2 36 49 7.6 +2.4
XCEM Columbia EM Core ex-China ETF 12.2 16 69 4.9 -0.3
BKEM BNY Mellon Emerging Markets Equity ETF 12.1 11 74 7.9 +2.7
GLIN VanEck India Growth Leaders ETF 11.7 77 8 5.5 +0.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 11.7 66 19 7.2 +2.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.6 40 45 6.3 +1.1
GMF SPDR S&P Emerging Asia Pacific ETF 11.5 49 36 8.6 +3.4
VWO Vanguard FTSE Emerging Markets ETF 11.0 7 78 9.2 +4.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 10.9 45 40 8.1 +2.9
EEMA iShares MSCI Emerging Markets Asia ETF 10.9 49 36 7.5 +2.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.7 32 53 7.4 +2.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 10.5 25 60 6.2 +1.0
EMMF WisdomTree Emerging Markets Multifactor Fund 10.4 48 37 8.4 +3.2
EMXC iShares MSCI Emerging Markets ex China ETF 10.3 25 60 5.1 -0.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 10.2 75 10 6.4 +1.2
CGXU Capital Group International Focus Equity ETF 10.1 54 31 3.8 -1.4
SMIN iShares MSCI India Small Cap ETF 10.0 79 6 3.5 -1.7
LDEM iShares ESG MSCI EM Leaders ETF 10.0 17 68 12.9 +7.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 9.6 95 -10 10.0 +4.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 9.5 70 15 6.9 +1.7
STXE Strive Emerging Markets Ex-China ETF 9.5 32 53 5.2 0.0
NUEM Nuveen ESG Emerging Markets Equity ETF 9.5 36 49 6.1 +0.9
ECON Columbia Emerging Markets Consumer ETF 9.4 49 36 6.6 +1.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 9.4 33 52 6.1 +0.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 9.4 30 55 7.6 +2.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 9.4 53 32 5.1 -0.1
SPEM SPDR Portfolio Emerging Markets ETF 9.2 7 78 9.5 +4.3
SCHE Schwab Emerging Markets Equity ETF 9.2 11 74 9.5 +4.3
JIVE JPMorgan International Value ETF 8.9 55 30 8.4 +3.2
DEHP Dimensional Emerging Markets High Profitability ETF 8.7 41 44 4.8 -0.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 8.7 15 70 8.8 +3.6
ROAM Hartford Multifactor Emerging Markets ETF 8.6 44 41 7.5 +2.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 8.6 59 26 8.6 +3.4
DFAE Dimensional Emerging Core Equity Market ETF 8.6 35 50 7.0 +1.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 8.5 44 41 9.5 +4.3
AVES Avantis Emerging Markets Value ETF 8.5 36 49 8.9 +3.7
IEMG iShares Core MSCI Emerging Markets ETF 8.4 9 76 8.2 +3.0
EEM iShares MSCI Emerging Markets ETF 8.2 69 16 7.8 +2.6
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 8.2 69 16 7.4 +2.2
INCO Columbia India Consumer ETF 8.2 75 10 2.2 -3.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 8.0 38 47 7.0 +1.8
IPAV Global X Infrastructure Development ex-U.S. ETF 7.9 55 30 5.7 +0.5
PXH Invesco FTSE RAFI Emerging Markets ETF 7.9 49 36 13.4 +8.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 7.8 30 55 8.0 +2.8
AVEM Avantis Emerging Markets Equity ETF 7.7 33 52 7.0 +1.8
EVLU iShares MSCI Emerging Markets Value Factor ETF 7.7 35 50 10.0 +4.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 7.6 88 -3 8.4 +3.2
EMGF iShares Emerging Markets Equity Factor ETF 7.6 25 60 8.8 +3.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 7.6 33 52 6.7 +1.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 7.6 41 44 6.9 +1.7
EMXF iShares ESG Advanced MSCI EM ETF 7.5 16 69 6.7 +1.5
AVSE Avantis Responsible Emerging Markets Equity ETF 7.5 33 52 6.6 +1.4
FDEM Fidelity Emerging Markets Multifactor ETF 7.1 25 60 10.4 +5.2
DFEV Dimensional Emerging Markets Value ETF 7.1 43 42 9.4 +4.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 6.7 70 15 6.5 +1.3
ESGE iShares ESG Aware MSCI EM ETF 6.6 25 60 8.3 +3.1
EEMO Invesco S&P Emerging Markets Momentum ETF 6.4 29 56 6.6 +1.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.3 39 46 13.7 +8.5
EMC Global X Emerging Markets Great Consumer ETF 5.7 75 10 7.1 +1.9
AVEE Avantis Emerging Markets Small Cap Equity ETF 4.8 42 43 7.6 +2.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.7 58 27 8.4 +3.2
SCHY Schwab International Dividend Equity ETF 4.5 14 71 8.5 +3.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.5 50 35 8.1 +2.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.1 18 67 6.4 +1.2
JADE JPMorgan Active Developing Markets Equity ETF 4.1 65 20 6.1 +0.9
MINV Matthews Asia Innovators Active ETF 3.7 79 6 5.1 -0.1
DEM WisdomTree Emerging Markets High Dividend Fund 3.7 63 22 10.3 +5.1
PICK iShares MSCI Global Metals & Mining Producers ETF 3.6 39 46 8.0 +2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.6 41 44 6.0 +0.8
ACWV iShares MSCI Global Min Vol Factor ETF 3.5 20 65 5.7 +0.5
VXUS Vanguard Total International Stock ETF 3.0 5 80 6.7 +1.5
VEU Vanguard FTSE All-World ex-US Index Fund 3.0 4 81 6.7 +1.5
FEM First Trust Emerging Markets AlphaDEX Fund 2.9 80 5 9.0 +3.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.9 30 55 6.4 +1.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.9 45 40 9.7 +4.5
IXUS iShares Core MSCI Total International Stock ETF 2.9 7 78 6.6 +1.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.9 60 25 6.6 +1.4
EYLD Cambria Emerging Shareholder Yield ETF 2.8 66 19 9.2 +4.0
ACWX iShares MSCI ACWI ex U.S. ETF 2.8 34 51 6.4 +1.2
VSGX Vanguard ESG International Stock ETF 2.8 10 75 6.6 +1.4
EWX SPDR S&P Emerging Markets Small Cap ETF 2.7 65 20 6.5 +1.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.6 47 38 5.0 -0.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.6 67 18 12.8 +7.6
FTAG First Trust Indxx Global Agriculture ETF 2.6 70 15 7.2 +2.0
DGIN VanEck Digital India ETF 2.5 71 14 1.5 -3.7
FTRI First Trust Indxx Global Natural Resources Income ETF 2.2 70 15 6.7 +1.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.1 8 77 6.3 +1.1
CWI SPDR MSCI ACWI ex-US ETF 2.1 30 55 6.5 +1.3
NXTG First Trust Indxx NextG ETF 2.1 70 15 3.4 -1.8
MEM Matthews Emerging Markets Equity Active ETF 1.8 79 6 8.5 +3.3
DVYE iShares Emerging Markets Dividend ETF 1.8 49 36 17.9 +12.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.7 65 20 7.3 +2.1
IQDF FlexShares International Quality Dividend Index Fund 1.5 47 38 7.6 +2.4
VIGI Vanguard International Dividend Appreciation ETF 1.5 10 75 6.1 +0.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.5 47 38 7.2 +2.0
IGRO iShares International Dividend Growth ETF 1.3 15 70 6.8 +1.6
VYMI Vanguard International High Dividend Yield ETF 1.2 17 68 8.1 +2.9
VEGI iShares MSCI Agriculture Producers ETF 1.2 39 46 7.7 +2.5
AQLT iShares MSCI Global Quality Factor ETF 1.2 18 67 0.0 -5.2
KNCT Invesco Next Gen Connectivity ETF 1.2 40 45 2.9 -2.3
ICLN iShares Global Clean Energy ETF 1.2 41 44 1.7 -3.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.1 42 43 4.1 -1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 65 4.7 -0.5
VT Vanguard Total World Stock ETF 1.1 6 79 5.0 -0.2
ACWI iShares MSCI ACWI ETF 1.0 32 53 4.6 -0.6
KLMT Invesco MSCI Global Climate 500 ETF 1.0 10 75 5.0 -0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 1.0 49 36 4.5 -0.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 73 8.8 +3.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.8 12 73 4.4 -0.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.7 78 7 9.7 +4.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.7 79 6 7.5 +2.3
CGGO Capital Group Global Growth Equity ETF 0.6 47 38 4.1 -1.2
GLOF iShares Global Equity Factor ETF 0.6 20 65 5.6 +0.4
JIG JPMorgan International Growth ETF 0.6 55 30 3.6 -1.6
DWX SPDR S&P International Dividend ETF 0.5 45 40 6.8 +1.6
EDIV SPDR S&P Emerging Markets Dividend ETF 0.5 49 36 9.1 +3.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 39 7.8 +2.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 76 4.9 -0.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 56 8.9 +3.7
DGT State Street SPDR Global Dow ETF 0.4 50 35 5.7 +0.5
JGLO JPMorgan Global Select Equity ETF 0.3 33 52 4.3 -0.9
PID Invesco International Dividend Achievers ETF 0.3 53 32 4.0 -1.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 75 8.6 +3.4
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 40 4.4 -0.8
CGW Invesco S&P Global Water Index ETF 0.1 57 28 4.6 -0.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 38 5.1 -0.1
DEW WisdomTree Global High Dividend Fund 0.1 58 27 7.2 +2.0
PIO Invesco Global Water ETF 0.0 75 10 4.5 -0.7
AVRE Avantis Real Estate ETF 0.0 17 68 6.8 +1.6
CUT Invesco MSCI Global Timber ETF 0.0 61 24 8.6 +3.4
ERTH Invesco MSCI Sustainable Future ETF 0.0 62 23 3.0 -2.2
REET iShares Global REIT ETF 0.0 14 71 7.0 +1.8
SETM Sprott Energy Transition Materials ETF 0.0 65 20 1.7 -3.5
DFGR Dimensional Global Real Estate ETF 0.0 22 63 7.0 +1.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.0 75 10 1.7 -3.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.0 60 25 9.2 +4.0

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:

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 15.3 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 85 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.53
 
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.