WisdomTree lists India Earnings ETF on the LSE: exposure to Indian corporate earnings

WisdomTree, a global ETF manager, today launched the WisdomTree India Earnings UCITS ETF (ticker: EPI) on the Italian Stock Exchange. The instrument, which tracks the performance of the proprietary WisdomTree India Earnings UCITS Index, was simultaneously launched yesterday on the Italian Stock Exchange and on the Xetra and SIX Swiss exchanges.

The ETF has a total expense ratio (TER) of 0.55% and offers exposure to the Indian equity market based on a fundamental weighting criterion. Unlike traditional indices built on market capitalisation, the methodology used selects and weights companies based on their earnings. The aim is to orient the portfolio towards companies with solid fundamentals, reducing exposure to stocks with high valuations.

The market context

India is considered one of the economies with the greatest long-term growth potential. The structural factors cited by WisdomTree include favourable demographics – the country has one of the youngest populations among the major economies – urbanisation, rising domestic consumption and ongoing digital transformation.

These dynamics are supporting demand in sectors such as financial services, consumer goods, healthcare and technology. The nature of the Indian economy, driven predominantly by domestic demand, tends to make it less vulnerable to fluctuations in global trade. Added to this are the diversification of supply chains, government reforms and the deepening of capital markets, which the manager believes create the conditions for large-scale corporate earnings growth. Consensus forecasts point to real GDP growth of around 6.9%-7.6% for the 2026 calendar year.

Pierre Debru, Head of Research for Europe at WisdomTree, commented: “India is one of the most attractive markets globally in terms of long-term growth prospects. An earnings-driven, fundamentals-focused approach allows investors to access this growth by focusing on companies with solid, sustainable profitability, rather than simply following market capitalisation. With our India Earnings UCITS ETF, investors can take advantage of a disciplined strategy focused on profitability and valuation. This is a fundamentals-based approach that avoids the pitfalls of overconcentration or overvaluation that we often see in traditional benchmarks.

Alexis Marinof, CEO for Europe at WisdomTree, added: “Our earnings-weighted approach offers investors a differentiated, research-based way to access the Indian equity market while focusing on the most relevant fundamentals. As investors seek long-term growth opportunities, India’s domestically driven economy and structural growth factors remain an important part of the debate. This approach is rooted in the fundamentals-weighted framework we introduced when WisdomTree was founded, which continues to inspire our approach to intelligent ETF innovation today.”

The strategy

EPI represents the European debut of a strategy that already exists in the United States, where the corresponding ETF has attracted approximately $2.6 billion in assets under management. The portfolio construction method, which is entirely rule-based, aims to provide an alternative to market cap-weighted indices by anchoring the selection to actual profitability parameters.