EPI vs INDA: Holdings Overlap
EPIWisdomTree India Earnings Fund
WisdomTree · 568 holdings · $2.0B · as of 2026-03-31
iShares · 169 holdings · $6.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (EPI: 2026-03-31, INDA: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EPI and INDA?
WisdomTree India Earnings Fund (EPI, by WisdomTree) holds 568 positions; iShares MSCI India ETF (INDA, by iShares) holds 169. They have 142 holdings in common, and by portfolio weight the two funds are 62.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 142EPI holds 568 · INDA holds 169
- Weight in Shared Holdings
- EPI 84%·INDA 90%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EPI
426 of 568 positions (18.0% of the fund) are not held by INDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | EPI | INDA |
|---|---|---|
| Financials | 17.8% | 21.5% |
| Energy | 17.1% | 8.6% |
| Consumer Discretionary | 5.2% | 9.9% |
| Materials | 9.9% | 6.6% |
| Information Technology | 7.3% | 6.8% |
| Other Sectors | 17.7% | 23.7% |
| Unclassified | 26.7% | 22.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (26% of EPI, 23% of INDA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) |
|---|---|---|---|---|---|---|
| EPI | +2.5% | -5.6% | -2.0% | +6.8% | +6.0% | +8.7% |
| INDA | +2.1% | -6.8% | -4.1% | +4.7% | +3.4% | +6.6% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Past performance does not predict future results.
Project the growth of $10,000 in EPI vs INDA →
Shared Holdings(142)
The top 10 shared positions account for 44% of the overlap, led by RELIANCE, HDFCB and ICICIBC.
 RELIANCEReliance Industries Ltd. INR10(100%DEMAT) | 7.52% | 6.23% | 6.23% |
|---|---|---|---|
 HDFCBHDFC Bank Ltd. INR1 | 5.05% | 6.15% | 5.05% |
 ICICIBCICICI Bank Ltd. INR2 | 5.19% | 4.68% | 4.68% |
 INFOInfosys Ltd. INR5 | 3.43% | 2.92% | 2.92% |
 MMMahindra & Mahindra Ltd. INR5 | 1.58% | 2.20% | 1.58% |
 AXSBAxis Bank Ltd. INR2 | 1.57% | 2.23% | 1.57% |
 BHARTIBharti Airtel Ltd. INR5 | 1.47% | 3.63% | 1.47% |
 TCSTata Consultancy Services Ltd. INR1 | 1.39% | 1.54% | 1.39% |
 SBINState Bank of India INR1 | 3.14% | 1.34% | 1.34% |
 KMBKotak Mahindra Bank Ltd. INR1(POST SUBD) | 1.33% | 1.59% | 1.33% |
 NTPCNTPC Ltd. INR10 | 2.49% | 1.28% | 1.28% |
 LTLarsen & Toubro Ltd. INR2 | 1.21% | 2.13% | 1.21% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 1.73% | 1.18% | 1.18% |
 SUNPSun Pharmaceutical Industries Ltd. INR1(DEMAT) | 1.15% | 1.30% | 1.15% |
 HNDLHindalco Industries Ltd. INR1 | 2.39% | 1.15% | 1.15% |
 PWGRPower Grid Corporation of India Ltd. INR10 | 2.28% | 1.02% | 1.02% |
 HCLTHCL Technologies Ltd. INR2 | 1.13% | 0.85% | 0.85% |
 MSILMaruti Suzuki India Ltd. INR5 | 0.84% | 1.25% | 0.84% |
 BHEBharat Electronics Ltd. INR1 | 0.80% | 1.13% | 0.80% |
 GRASIMGrasim Industries Ltd. INR2 | 1.10% | 0.64% | 0.64% |
 COALCoal India Ltd. INR10 | 3.06% | 0.64% | 0.64% |
 ONGCOil & Natural Gas Corp Ltd. INR5 | 3.42% | 0.63% | 0.63% |
 HUVRHindustan Unilever Ltd. INR1 | 0.62% | 1.34% | 0.62% |
 EIMEicher Motors Ltd. INR1 | 0.61% | 0.74% | 0.61% |
 TECHMTech Mahindra Ltd. INR5 | 0.69% | 0.61% | 0.61% |
Frequently Asked Questions
How much do EPI and INDA overlap?
EPI and INDA overlap by 62.1% of portfolio weight. They share 142 holdings (EPI holds 568 positions and INDA holds 169), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EPI and INDA?
The two portfolios are 62.1% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of EPI and INDA?
The largest positions held by both funds are RELIANCE, HDFCB, ICICIBC, INFO and MM. Together the top 10 shared positions account for 44% of the total overlap.
What does EPI own that INDA doesn't?
426 positions (18.0% of EPI) are unique to EPI, led by FB, GESCO and NACL. In the other direction, 27 positions (10.3% of INDA) are unique to INDA.