AVL vs. NTSD

Last updated Jun 4, 2026

AVL (Direxion Daily AVGO Bull 2X Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. AVL charges 1.04%/yr vs 0.35%/yr for NTSD.

Performance

AVL vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AVGO Bull 2X Shares (AVL) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVL

• 1D: -0.97%
• 1M: 29.70%
• YTD: 72.10%
• 6M: 38.64%
• 1Y: 167.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: 0.35%
• 1M: 6.98%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVL vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
AVL Direxion Daily AVGO Bull 2X Shares	112.24%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between AVL and NTSD is 0.65, 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 20, 2026	0.65

Return for Risk

AVL vs. NTSD — Risk / Return Rank

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

AVL

AVL Risk / Return Rank: 53
AVL Sharpe Ratio Rank: 58
AVL Sortino Ratio Rank: 52
AVL Omega Ratio Rank: 50
AVL Calmar Ratio Rank: 63
AVL Martin Ratio Rank: 43

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.

AVL vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AVGO Bull 2X Shares (AVL) 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.

	AVL	NTSD	Difference
Sharpe ratio Return per unit of total volatility	1.97	—	—
Sortino ratio Return per unit of downside risk	2.54	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	3.14	—	—
Martin ratio Return relative to average drawdown	7.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AVL	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.97	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	5.75	-4.58

Drawdowns

AVL vs. NTSD - Drawdown Comparison

The maximum AVL drawdown since its inception was -70.63%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for AVL and NTSD.

Drawdown Indicators

	AVL	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-70.63%	-5.20%	-65.43%
Max Drawdown (1Y) Largest decline over 1 year	-53.69%	—	—
Current Drawdown Current decline from peak	-0.97%	0.00%	-0.97%
Average Drawdown Average peak-to-trough decline	-23.38%	-0.84%	-22.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.00%	—	—

Volatility

Volatility by Period

	AVL	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	61.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	85.76%	24.31%	+61.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.25%	24.31%	+80.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.25%	24.31%	+80.94%

AVL vs. NTSD - Expense Ratio Comparison

AVL has a 1.04% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

AVL vs. NTSD - Dividend Comparison

AVL's dividend yield for the trailing twelve months is around 17.16%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024
AVL Direxion Daily AVGO Bull 2X Shares	17.16%	29.04%	0.22%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVL and NTSD in my portfolio?

AVL and NTSD have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVL 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, AVL or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.04% for AVL.

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

AVL has the higher dividend yield at 17.16%, compared with 0.00% for NTSD.

What is the main difference between AVL and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 1.04% for AVL and 0.35% for NTSD.