Understanding the WisdomTree India Earnings Fund (EPI)

What this ETF is trying to do

The WisdomTree India Earnings Fund (ticker: EPI) is an exchange-traded fund designed to provide exposure to the Indian market. While specific holdings are not listed in the current data, this type of fund typically focuses on companies in India based on their earnings.

What the numbers show

The data shows how the share price of EPI has moved over different periods. It is important to note that "price return" only tracks the change in the share price itself.

• Year-to-Date (YTD): The price return is approximately -13.83%.

• One-Year: The one-year price return is approximately -10.96%.

• Three-Year: The three-year price return is approximately 9.29%.

When looking at "total return," we look at the price change plus any distributions (like dividends). For this fund, the YTD and one-year total returns are the same as the price returns because no distributions were detected. Over three years, the total return was approximately 9.58%.

To give you an idea of recent movement, the current price is $39.89. An estimated price from roughly one year ago was approximately $44.80.

Income and distribution explanation

Some investors look for ETFs that pay regular cash, known as distributions. For EPI, the distribution yield is 0%. The data shows no distributions were detected over the last 12 months. Because there are no payouts, this fund is not currently providing cash income to investors.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, we can look at the "erosion-risk score." EPI has an erosion score of 75, which is labeled as "mild price erosion." This means the fund has shown some mild downward movement in its share price, but it has not triggered a "severe erosion-risk flag."

Pros

• Long-term growth: While recent yearly returns are negative, the three-year total return is positive at approximately 9.58%.

• Five-year performance: The five-year total return is approximately 12.84%.

Cons

• Recent price decline: The fund has experienced a share-price decline both year-to-date and over the last year.

• No income: There are no distributions or dividends being paid out based on the current data.

Beginner takeaway

EPI is an ETF focused on Indian earnings. Recent data shows the share price has been falling over the last year. While it has shown positive total returns over a three-year and five-year period, it does not currently pay out any cash distributions to investors. Always remember that past performance does not guarantee what will happen in the future.