AVXX vs. NTSD

Last updated Jun 5, 2026

AVXX (Defiance Daily Target 2X Long AVAV ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. AVXX charges 1.31%/yr vs 0.35%/yr for NTSD.

Performance

AVXX vs. NTSD - Performance Comparison

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

Returns By Period

AVXX

• 1D: 12.75%
• 1M: 39.15%
• YTD: -52.20%
• 6M: -67.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: 1.08%
• 1M: 6.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVXX vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
AVXX Defiance Daily Target 2X Long AVAV ETF	-19.59%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.18%

Correlation

The correlation between AVXX and NTSD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.46

Return for Risk

AVXX vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVAV ETF (AVXX) 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.

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

Sharpe Ratios by Period

	AVXX	NTSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	5.46	-6.07

Drawdowns

AVXX vs. NTSD - Drawdown Comparison

The maximum AVXX drawdown since its inception was -88.97%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for AVXX and NTSD.

Drawdown Indicators

	AVXX	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-88.97%	-5.20%	-83.77%
Current Drawdown Current decline from peak	-82.47%	-0.04%	-82.43%
Average Drawdown Average peak-to-trough decline	-61.94%	-0.83%	-61.11%

Volatility

Volatility by Period

	AVXX	NTSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	153.76%	24.10%	+129.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.76%	24.10%	+129.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	153.76%	24.10%	+129.66%

AVXX vs. NTSD - Expense Ratio Comparison

AVXX has a 1.31% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

AVXX vs. NTSD - Dividend Comparison

AVXX's dividend yield for the trailing twelve months is around 0.75%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025
AVXX Defiance Daily Target 2X Long AVAV ETF	0.75%	0.36%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVXX and NTSD in my portfolio?

AVXX and NTSD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVXX 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, AVXX or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.31% for AVXX.

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

AVXX has the higher dividend yield at 0.75%, compared with 0.00% for NTSD.

What is the main difference between AVXX and NTSD?

They also come from different issuers: Defiance ETFs and WisdomTree. Their fees differ too: 1.31% for AVXX and 0.35% for NTSD.