John Seetoo
Fri, July 10, 2026 astatine 9:28 AM CDT 5 min read
Quick Read
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EPI has beaten INDA implicit each measured timeframe by weighting holdings by nett income alternatively than marketplace cap, returning 131% vs. 91% implicit 10 years.
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INDA charges 0.61% vs. EPI's 0.85% and triggers little portfolio turnover, making it the stronger prime for tax-sensitive investors successful taxable accounts.
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EPI's lower-multiple worth holdings cushioned India's 2026 selloff, dropping conscionable 9% YTD versus INDA's 10%, portion besides capturing much mid- and small-cap upside.
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India remains the world's fastest-growing ample economy, and 2 ETFs predominate the mode U.S. investors bargain into that story: the iShares MSCI India ETF (CBOE:INDA) and the WisdomTree India Earnings Fund (NYSEARCA:EPI). On the aboveground they look interchangeable. Both are unhedged rupee plays connected a state wherever Goldman Sachs notes 65% of the colonisation is beneath 35 and integer payments person tripled since June 2021. Under the hood, however, they are betting connected wholly antithetic definitions of what makes an Indian institution worthy owning, and the spread has been worthy astir 8 percent points implicit the past 3 years.
What Each Fund Is Actually Betting On
INDA tracks the MSCI India Index, which weights large- and mid-cap Indian stocks by float-adjusted marketplace capitalization. In signifier that means Reliance Industries, HDFC Bank, Infosys, ICICI Bank, and TCS predominate the apical of the fund. The implicit stake is that India's winners support winning, that the biggest and astir liquid names seizure the country's growth, and that multinational-quality equilibrium sheets merit the highest weights.
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EPI throws that logic out. Its underlying WisdomTree India Earnings Index lone holds companies that are really profitable, past weights each 1 by its nett income. A mid-cap concern oregon state-owned vigor steadfast that prints existent net gets a bigger portion than a fast-growing tech sanction trading astatine a premium multiple. EPI is simply a value-and-profitability stake with genuine small- and mid-cap exposure. INDA is simply a large-cap growth-and-quality bet.

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