INDA vs EPI Stock Comparison: AI Score, Valuation, Performance and Upside
INDA is the largest, most liquid India ETF using market-cap weighting and is typically the default choice for core India equity exposure, while EPI uses an earnings-weighted methodology to tilt toward profitable, value-oriented Indian companies. The choice between them depends on investors' preference for market-cap versus factor-based indexing.
INDA vs EPI compares two different methodological approaches to investing in Indian equities: market-cap weighting versus earnings weighting, offering different sector tilts and return profiles over various market environments.
INDA holds the edge across 3 of 5 key metrics in this comparison. EPI has delivered stronger 1-year price return (-8.42% vs -10.67% for INDA).
- Want broad, liquid India equity exposure tracking the standard MSCI India benchmark
- Prefer a market-cap-weighted index for straightforward Indian market exposure
- Value tight bid-ask spreads and the largest AUM base among India ETFs
- Want India equity exposure with a value and profitability tilt
- Believe earnings-weighted indexing can outperform market-cap weighting over the long term in India
- Want to diversify their India exposure beyond the largest market-cap companies
| Metric | INDA | EPI |
|---|---|---|
| ETF scorei | 31.0 | 33.0 |
| Latest closei | $48.01 | $41.67 |
| 1M returni | -3.10% | -2.87% |
| 6M returni | +3.04% | +3.04% |
| 1Y returni | -10.67% | -8.42% |
The ETF score weights long-term returns and risk-adjusted performance most heavily, but still rewards low expense ratios, larger fund size, and broader diversification — so it can favor low-cost, broad, mega-cap funds over smaller thematic or actively-managed funds even when the latter have delivered stronger returns.
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | INDA | EPI |
|---|---|---|
| 1Y ago | $8.93K (-10.7%) started 2025-09-18 | $9.16K (-8.4%) started 2025-09-18 |
| 5Y ago | $11.34K (+13.4%) started 2021-09-20 | $13.17K (+31.7%) started 2021-09-20 |
| 10Y ago | $20.35K (+103.5%) started 2016-09-19 | $24.84K (+148.4%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
| Metric | INDA | EPI |
|---|---|---|
| Expense ratioi | 0.61% | 0.84% |
| Total assets (AUM)i | $6.75B | $2.04B |
| Dividend yieldi | 0.00% | 0.00% |
| Trailing P/Ei | 22.05 | 17.81 |
| Betai | 0.47 | 0.54 |
| 52-week change | -10.67% | -8.42% |
| Metric | INDA | EPI |
|---|---|---|
| 1Y returni | -10.67% | -8.42% |
| 6M returni | +3.04% | +3.04% |
| 1M returni | -3.10% | -2.87% |
| 1Y Sharpe ratio | -0.96 | -0.79 |
| Betai | 0.47 | 0.54 |
| Dividend yieldi | 0.00% | 0.00% |
| 5Y CAGR | +1.06% | +4.06% |
Over the past year, INDA and EPI have moved strongly in the same direction (correlation of 0.98), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | INDA | EPI |
|---|---|---|---|
| 1Y | Growthi | -10.67% | -8.42% |
| CAGRi | -10.68% | -8.42% | |
| Volatilityi | 15.30% | 15.32% | |
| Sharpe ratioi | -0.96 | -0.79 | |
| Sortino ratioi | -1.34 | -1.10 | |
| Max drawdowni | 17.85% | 15.69% | |
| Current drawdowni | 13.18% | 11.26% | |
| Avg drawdowni | 7.71% | 6.26% | |
| Ulcer Indexi | 9.04% | 7.39% | |
| Max daily dropi | 2.85% | 3.06% | |
| Max wkly dropi | 4.68% | 4.65% | |
| 5Y | Growthi | +5.43% | +22.00% |
| CAGRi | +1.06% | +4.06% | |
| Volatilityi | 15.46% | 16.23% | |
| Sharpe ratioi | -0.15 | 0.05 | |
| Sortino ratioi | -0.20 | 0.07 | |
| Max drawdowni | 22.72% | 21.89% | |
| Current drawdowni | 18.32% | 17.79% | |
| Avg drawdowni | 9.51% | 8.65% | |
| Ulcer Indexi | 11.12% | 10.32% | |
| Max daily dropi | 6.09% | 7.46% | |
| Max wkly dropi | 8.16% | 8.63% | |
| 10Y | Growthi | +81.51% | +117.63% |
| CAGRi | +6.15% | +8.09% | |
| Volatilityi | 21.03% | 20.22% | |
| Sharpe ratioi | 0.18 | 0.27 | |
| Sortino ratioi | 0.24 | 0.36 | |
| Max drawdowni | 45.07% | 50.29% | |
| Current drawdowni | 18.32% | 17.79% | |
| Avg drawdowni | 8.80% | 9.67% | |
| Ulcer Indexi | 11.14% | 12.66% | |
| Max daily dropi | 15.44% | 13.04% | |
| Max wkly dropi | 18.51% | 19.58% |
| Category | INDA | EPI |
|---|---|---|
| Fund name | iShares MSCI India ETF | WisdomTree India Earnings Fund |
| Type | ETF | ETF |
| Expense ratioi | 0.61% | 0.84% |
| Total assets (AUM)i | $6.75B | $2.04B |
| Dividend yieldi | 0.00% | 0.00% |
- Largest and most liquid India ETF, providing easy access and tight bid-ask spreads
- Market-cap weighted index tracks the most recognized India equity benchmark (MSCI India)
- Broad diversification across Indian sectors including technology, financials, energy, and consumer
- Earnings-weighted methodology provides a value and quality tilt relative to market-cap peers
- May outperform INDA during value-led market rotations in Indian equities
- Different composition from INDA reduces overlap and could complement a core INDA position
- Top-heavy in a handful of large conglomerates (Reliance Industries, Infosys, HDFC Bank, TCS) at the top of the index
- Market-cap weighting can tilt toward richly valued sectors during bull markets
- India's domestic equity market is subject to specific regulatory access requirements through Participatory Notes or SEBI FPI registration
- Earnings weighting creates different sector exposures — often more energy, financials, and industrial tilt compared to INDA
- May underperform INDA during growth-led markets where highly valued tech and consumer companies lead
- Smaller AUM and less liquidity than INDA can result in wider bid-ask spreads
Want deeper AI forecasts?
This comparison page is public and free forever. Subscribers can unlock saved watchlists, full AI rankings, detailed forecasts, and interactive analysis tools.