DFEN vs. NTSD
DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. DFEN is passively managed, while NTSD is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. DFEN charges 0.99%/yr vs 0.35%/yr for NTSD.
Performance
DFEN vs. NTSD - Performance Comparison
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Returns By Period
DFEN
- 1D
- -4.54%
- 1M
- 12.97%
- YTD
- 2.17%
- 6M
- 21.41%
- 1Y
- 59.57%
- 3Y*
- 63.19%
- 5Y*
- 26.54%
- 10Y*
- —
NTSD
- 1D
- -1.11%
- 1M
- 7.13%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFEN vs. NTSD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | -9.55% |
NTSD WisdomTree Efficient U.S. Plus International Equity Fund | 17.91% |
Correlation
The correlation between DFEN and NTSD is 0.72, 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 | 0.72 |
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Return for Risk
DFEN vs. NTSD — Risk / Return Rank
DFEN
NTSD
DFEN vs. NTSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) 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.
| DFEN | NTSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | — | — |
| Martin ratioReturn relative to average drawdown | 3.44 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DFEN | NTSD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 5.08 | -4.87 |
Drawdowns
DFEN vs. NTSD - Drawdown Comparison
The maximum DFEN drawdown since its inception was -91.36%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for DFEN and NTSD.
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Drawdown Indicators
| DFEN | NTSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.36% | -5.20% | -86.16% |
Max Drawdown (1Y)Largest decline over 1 year | -41.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -43.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.23% | — | — |
Current DrawdownCurrent decline from peak | -33.04% | -1.11% | -31.93% |
Average DrawdownAverage peak-to-trough decline | -45.27% | -0.84% | -44.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.36% | — | — |
Volatility
DFEN vs. NTSD - Volatility Comparison
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Volatility by Period
| DFEN | NTSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.35% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 53.06% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 63.21% | 24.28% | +38.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.16% | 24.28% | +35.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.48% | 24.28% | +47.20% |
DFEN vs. NTSD - Expense Ratio Comparison
DFEN has a 0.99% expense ratio, which is higher than NTSD's 0.35% expense ratio.
Dividends
DFEN vs. NTSD - Dividend Comparison
DFEN's dividend yield for the trailing twelve months is around 8.74%, while NTSD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 8.74% | 8.89% | 14.12% | 1.13% | 0.46% | 1.89% | 0.48% | 0.50% | 1.07% | 1.50% |
NTSD WisdomTree Efficient U.S. Plus International Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DFEN and NTSD have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
NTSD is cheaper with a 0.35% expense ratio, compared with 0.99% for DFEN.
DFEN has the higher dividend yield at 8.74%, compared with 0.00% for NTSD.
They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 0.99% for DFEN and 0.35% for NTSD.
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