AFLG vs. NTSI

Last updated Jun 4, 2026

AFLG (First Trust Active Factor Large Cap ETF) and NTSI (WisdomTree International Efficient Core Fund) are both exchange-traded funds - AFLG is a Large Cap Growth Equities fund tracking the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index, while NTSI is a Global Allocation fund actively managed by WisdomTree. AFLG is passively managed, while NTSI is actively managed. Over the past 5 years, AFLG returned 12.91%/yr vs 5.55%/yr for NTSI. A 0.72 correlation means they provide meaningful diversification when combined. AFLG charges 0.55%/yr vs 0.26%/yr for NTSI.

Performance

AFLG vs. NTSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Active Factor Large Cap ETF (AFLG) and WisdomTree International Efficient Core Fund (NTSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AFLG achieves a 12.37% return, which is significantly higher than NTSI's 7.18% return.

AFLG

• 1D: -0.53%
• 1M: 3.98%
• YTD: 12.37%
• 6M: 12.19%
• 1Y: 24.98%
• 3Y*: 22.74%
• 5Y*: 12.91%
• 10Y*: —

NTSI

• 1D: -0.63%
• 1M: 3.92%
• YTD: 7.18%
• 6M: 8.77%
• 1Y: 20.90%
• 3Y*: 14.26%
• 5Y*: 5.55%
• 10Y*: —

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

AFLG vs. NTSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AFLG First Trust Active Factor Large Cap ETF	12.37%	14.23%	27.02%	20.10%	-16.41%	13.82%
NTSI WisdomTree International Efficient Core Fund	7.18%	30.37%	1.11%	15.42%	-19.27%	1.76%

Correlation

The correlation between AFLG and NTSI is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since May 21, 2021	0.72

The correlation between AFLG and NTSI has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.

AFLG vs. NTSI - Sectors Allocation Comparison

Sectors	AFLG	NTSI
Technology	33.6%	10.6%
Consumer Cyclical	10.2%	8.1%
Communication Services	10.1%	4.7%
Financial Services	10.0%	25.0%
Industrials	9.4%	17.5%
Healthcare	7.8%	10.5%
Consumer Defensive	4.2%	7.4%
Utilities	4.1%	3.2%
Real Estate	3.8%	1.5%
Basic Materials	3.6%	6.7%
Energy	3.2%	4.8%

Return for Risk

AFLG vs. NTSI — Risk / Return Rank

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

AFLG

AFLG Risk / Return Rank: 67
AFLG Sharpe Ratio Rank: 66
AFLG Sortino Ratio Rank: 66
AFLG Omega Ratio Rank: 65
AFLG Calmar Ratio Rank: 62
AFLG Martin Ratio Rank: 74

NTSI

NTSI Risk / Return Rank: 37
NTSI Sharpe Ratio Rank: 39
NTSI Sortino Ratio Rank: 38
NTSI Omega Ratio Rank: 38
NTSI Calmar Ratio Rank: 34
NTSI Martin Ratio Rank: 39

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.

AFLG vs. NTSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Active Factor Large Cap ETF (AFLG) and WisdomTree International Efficient Core Fund (NTSI). 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.

	AFLG	NTSI	Difference
Sharpe ratio: Return per unit of total volatility	2.19	1.41	+0.78
Sortino ratio: Return per unit of downside risk	3.07	1.98	+1.10
Omega ratio: Gain probability vs. loss probability	1.39	1.25	+0.14
Calmar ratio: Return relative to maximum drawdown	3.06	1.70	+1.36
Martin ratio: Return relative to average drawdown	14.04	6.22	+7.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AFLG vs. NTSI - Sharpe Ratio Comparison

The current AFLG Sharpe Ratio is 2.19, which is higher than the NTSI Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of AFLG and NTSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AFLG	NTSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	1.41	+0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.36	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.38	+0.36

Drawdowns

AFLG vs. NTSI - Drawdown Comparison

The maximum AFLG drawdown since its inception was -35.84%, which is greater than NTSI's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for AFLG and NTSI.

Drawdown Indicators

	AFLG	NTSI	Difference
Max Drawdown Largest peak-to-trough decline	-35.84%	-34.01%	-1.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.19%	-12.33%	+4.14%
Max Drawdown (3Y) Largest decline over 3 years	-17.49%	-13.69%	-3.80%
Max Drawdown (5Y) Largest decline over 5 years	-23.48%	-34.01%	+10.53%
Current Drawdown Current decline from peak	-0.53%	-2.36%	+1.83%
Average Drawdown Average peak-to-trough decline	-5.71%	-9.19%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	3.37%	-1.59%

Volatility

AFLG vs. NTSI - Volatility Comparison

The current volatility for First Trust Active Factor Large Cap ETF (AFLG) is 2.86%, while WisdomTree International Efficient Core Fund (NTSI) has a volatility of 4.84%. This indicates that AFLG experiences smaller price fluctuations and is considered to be less risky than NTSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AFLG	NTSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	4.84%	-1.98%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	12.60%	-3.79%
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	14.95%	-3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	15.68%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	15.63%	+3.57%

AFLG vs. NTSI - Expense Ratio Comparison

AFLG has a 0.55% expense ratio, which is higher than NTSI's 0.26% expense ratio.

Dividends

AFLG vs. NTSI - Dividend Comparison

AFLG's dividend yield for the trailing twelve months is around 0.70%, less than NTSI's 3.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AFLG First Trust Active Factor Large Cap ETF	0.70%	0.84%	0.53%	1.53%	1.52%	0.93%	1.28%	0.20%
NTSI WisdomTree International Efficient Core Fund	3.51%	3.65%	2.92%	2.35%	2.66%	0.97%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AFLG and NTSI in my portfolio?

AFLG and NTSI have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AFLG or NTSI?

NTSI has higher volatility (4.84%) compared to AFLG (2.86%). In terms of maximum drawdown, AFLG dropped -35.84% vs NTSI's -34.01%.

Which ETF is better, AFLG or NTSI?

On 5-year performance, AFLG leads with 12.91% vs 5.55% for NTSI. On fees, NTSI is cheaper at 0.26% per year. On volatility, AFLG has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AFLG or NTSI?

Over the 5-year period, AFLG has performed better with a 12.91% return vs 5.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AFLG or NTSI?

NTSI is cheaper with a 0.26% expense ratio, compared with 0.55% for AFLG.

Which ETF pays a higher dividend yield, AFLG or NTSI?

NTSI has the higher dividend yield at 3.51%, compared with 0.70% for AFLG.

What is the main difference between AFLG and NTSI?

AFLG is categorized as Large Cap Growth Equities, while NTSI is Global Allocation. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.55% for AFLG and 0.26% for NTSI.

Which has better risk-adjusted returns?

AFLG currently has the higher Sharpe Ratio (2.19 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.