ERX vs. NTSD
ERX (Direxion Daily Energy Bull 2X Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. ERX is passively managed, while NTSD is actively managed. At a correlation of -0.53, they often move in opposite directions. ERX charges 1.09%/yr vs 0.35%/yr for NTSD.
Performance
ERX vs. NTSD - Performance Comparison
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Returns By Period
ERX
- 1D
- 2.68%
- 1M
- -3.38%
- YTD
- 66.93%
- 6M
- 59.74%
- 1Y
- 90.37%
- 3Y*
- 23.69%
- 5Y*
- 28.75%
- 10Y*
- -8.79%
NTSD
- 1D
- -1.11%
- 1M
- 7.13%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ERX vs. NTSD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ERX Direxion Daily Energy Bull 2X Shares | -3.47% |
NTSD WisdomTree Efficient U.S. Plus International Equity Fund | 17.91% |
Correlation
The correlation between ERX and NTSD is -0.53, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026 | -0.53 |
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Return for Risk
ERX vs. NTSD — Risk / Return Rank
ERX
NTSD
ERX vs. NTSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Bull 2X Shares (ERX) 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.
| ERX | NTSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | — | — |
| Martin ratioReturn relative to average drawdown | 10.60 | — | — |
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
| ERX | NTSD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 5.08 | -5.17 |
Drawdowns
ERX vs. NTSD - Drawdown Comparison
The maximum ERX drawdown since its inception was -99.54%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for ERX and NTSD.
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Drawdown Indicators
| ERX | NTSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.54% | -5.20% | -94.34% |
Max Drawdown (1Y)Largest decline over 1 year | -23.34% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -42.34% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -46.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -98.59% | — | — |
Current DrawdownCurrent decline from peak | -91.57% | -1.11% | -90.46% |
Average DrawdownAverage peak-to-trough decline | -67.02% | -0.84% | -66.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.57% | — | — |
Volatility
ERX vs. NTSD - Volatility Comparison
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Volatility by Period
| ERX | NTSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.49% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.45% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 41.14% | 24.28% | +16.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.98% | 24.28% | +27.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.18% | 24.28% | +44.90% |
ERX vs. NTSD - Expense Ratio Comparison
ERX has a 1.09% expense ratio, which is higher than NTSD's 0.35% expense ratio.
Dividends
ERX vs. NTSD - Dividend Comparison
ERX's dividend yield for the trailing twelve months is around 1.61%, while NTSD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ERX Direxion Daily Energy Bull 2X Shares | 1.61% | 2.54% | 2.94% | 3.17% | 2.23% | 2.16% | 2.35% | 1.56% | 3.10% | 0.85% |
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
ERX and NTSD have a correlation of -0.53, 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 1.09% for ERX.
ERX has the higher dividend yield at 1.61%, compared with 0.00% for NTSD.
They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 1.09% for ERX and 0.35% for NTSD.
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