EQL vs. NTSX
Compare and contrast key facts about Alps Equal Sector Weight ETF (EQL) and WisdomTree U.S. Efficient Core Fund (NTSX).
EQL and NTSX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQL is a passively managed fund by SS&C that tracks the performance of the NYSE Select Sector Equal Weight Index. It was launched on Jul 7, 2009. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQL or NTSX.
Performance
EQL vs. NTSX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with EQL having a 21.27% return and NTSX slightly higher at 22.26%.
EQL
21.27%
2.26%
13.33%
27.52%
13.50%
11.09%
NTSX
22.26%
1.32%
13.14%
29.58%
11.88%
N/A
Key characteristics
| EQL | NTSX | |
|---|---|---|
| Sharpe Ratio | 2.78 | 2.43 |
| Sortino Ratio | 3.78 | 3.30 |
| Omega Ratio | 1.50 | 1.42 |
| Calmar Ratio | 5.54 | 2.04 |
| Martin Ratio | 20.25 | 15.76 |
| Ulcer Index | 1.39% | 1.92% |
| Daily Std Dev | 10.15% | 12.47% |
| Max Drawdown | -35.65% | -31.34% |
| Current Drawdown | 0.00% | -0.91% |
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EQL vs. NTSX - Expense Ratio Comparison
EQL has a 0.28% expense ratio, which is higher than NTSX's 0.20% expense ratio.
Correlation
The correlation between EQL and NTSX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
EQL vs. NTSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alps Equal Sector Weight ETF (EQL) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.
Dividends
EQL vs. NTSX - Dividend Comparison
EQL's dividend yield for the trailing twelve months is around 1.66%, more than NTSX's 1.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQL Alps Equal Sector Weight ETF | 1.66% | 1.96% | 2.14% | 1.69% | 2.29% | 1.95% | 2.39% | 1.97% | 2.89% | 2.07% | 1.68% | 1.55% |
NTSX WisdomTree U.S. Efficient Core Fund | 1.05% | 1.21% | 1.36% | 0.82% | 0.92% | 1.53% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQL vs. NTSX - Drawdown Comparison
The maximum EQL drawdown since its inception was -35.65%, which is greater than NTSX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for EQL and NTSX. For additional features, visit the drawdowns tool.
Volatility
EQL vs. NTSX - Volatility Comparison
The current volatility for Alps Equal Sector Weight ETF (EQL) is 2.99%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 3.78%. This indicates that EQL experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.