AAPB vs. NTSD

Last updated Jun 24, 2026

AAPB (GraniteShares 2x Long AAPL Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. AAPB charges 1.15%/yr vs 0.35%/yr for NTSD.

Performance

AAPB vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long AAPL Daily ETF (AAPB) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAPB

• 1D: -1.59%
• 1M: -9.88%
• YTD: 10.97%
• 6M: 10.46%
• 1Y: 90.68%
• 3Y*: 17.03%
• 5Y*: —
• 10Y*: —

NTSD

• 1D: -2.11%
• 1M: -0.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAPB vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
AAPB GraniteShares 2x Long AAPL Daily ETF	35.29%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	15.69%

Correlation

The correlation between AAPB and NTSD is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.52

Return for Risk

AAPB vs. NTSD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPB

AAPB Risk / Return Rank: 60
AAPB Sharpe Ratio Rank: 65
AAPB Sortino Ratio Rank: 59
AAPB Omega Ratio Rank: 58
AAPB Calmar Ratio Rank: 68
AAPB Martin Ratio Rank: 48

NTSD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAPB vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AAPL Daily ETF (AAPB) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAPB	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	2.01	—	—
Sortino ratio: Return per unit of downside risk	2.64	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	3.24	—	—
Martin ratio: Return relative to average drawdown	7.65	—	—

Drawdowns

AAPB vs. NTSD - Drawdown Comparison

The maximum AAPB drawdown since its inception was -58.13%, which is greater than NTSD's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for AAPB and NTSD.

Drawdown Indicators

	AAPB	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-58.13%	-5.58%	-52.55%
Max Drawdown (1Y) Largest decline over 1 year	-28.11%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-58.13%	—	—
Current Drawdown Current decline from peak	-13.26%	-2.97%	-10.29%
Average Drawdown Average peak-to-trough decline	-19.23%	-1.09%	-18.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.89%	—	—

Volatility

Volatility by Period

	AAPB	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.34%	25.11%	+20.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.27%	25.11%	+26.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.27%	25.11%	+26.16%

AAPB vs. NTSD - Expense Ratio Comparison

AAPB has a 1.15% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

AAPB vs. NTSD - Dividend Comparison

AAPB's dividend yield for the trailing twelve months is around 3.96%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
AAPB GraniteShares 2x Long AAPL Daily ETF	3.96%	4.39%	0.00%	18.75%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AAPB and NTSD in my portfolio?

AAPB and NTSD have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAPB or NTSD?

On fees, NTSD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAPB or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.15% for AAPB.

Which ETF pays a higher dividend yield, AAPB or NTSD?

AAPB has the higher dividend yield at 3.96%, compared with 0.00% for NTSD.

What is the main difference between AAPB and NTSD?

They also come from different issuers: GraniteShares and WisdomTree. Their fees differ too: 1.15% for AAPB and 0.35% for NTSD.