As measured by some of the marquee exchange-traded funds listed in New York, Indian stocks have been, to this point in 2015, disappointments. The WisdomTree India Earnings Fund (ETF) (NYSE: EPI), a $1.78 billion ETF, is off 5.8 percent year-to-date.
Arguably, EPI's showing and those of rival India ETFs should be far better. After all, Asia's third-largest economy is a major oil importer and, by some estimates, Indian economic growth is outpacing that of archrival China.
Still, EPI's 5.8 percent year-to-date loss is better than the comparable China ETF and far superior to the 31.2 percent shed by the iShares MSCI Brazil Index (ETF) (NYSE: EWZ). Additionally, EPI has outperformed the Vanguard Emerging Markets Stock Index Fd (NYSE: VWO) by 250 basis points.
Among the four major ETFs tracking BRIC economies, only the Market Vector Russia ETF Trust (NYSE: RSX) has outperformed EPI this year.
India ETFs' Top Catalyst
Perhaps the strongest catalyst for EPI and rival ...
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