EURL vs. NTSD

Last updated Jun 3, 2026

EURL (Direxion Daily FTSE Europe Bull 3x Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. EURL is passively managed, while NTSD is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. EURL charges 1.07%/yr vs 0.35%/yr for NTSD.

Performance

EURL vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily FTSE Europe Bull 3x Shares (EURL) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EURL

• 1D: 1.75%
• 1M: 4.57%
• YTD: 12.18%
• 6M: 22.12%
• 1Y: 39.22%
• 3Y*: 31.90%
• 5Y*: 6.08%
• 10Y*: 8.63%

NTSD

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

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

EURL vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
EURL Direxion Daily FTSE Europe Bull 3x Shares	23.08%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between EURL and NTSD is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.92

Return for Risk

EURL vs. NTSD — Risk / Return Rank

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

EURL

EURL Risk / Return Rank: 26
EURL Sharpe Ratio Rank: 24
EURL Sortino Ratio Rank: 26
EURL Omega Ratio Rank: 25
EURL Calmar Ratio Rank: 26
EURL Martin Ratio Rank: 28

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.

EURL vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily FTSE Europe Bull 3x Shares (EURL) 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.

	EURL	NTSD	Difference
Sharpe ratio Return per unit of total volatility	0.85	—	—
Sortino ratio Return per unit of downside risk	1.40	—	—
Omega ratio Gain probability vs. loss probability	1.17	—	—
Calmar ratio Return relative to maximum drawdown	1.29	—	—
Martin ratio Return relative to average drawdown	4.13	—	—
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

	EURL	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	5.75	-5.71

Drawdowns

EURL vs. NTSD - Drawdown Comparison

The maximum EURL drawdown since its inception was -84.65%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for EURL and NTSD.

Drawdown Indicators

	EURL	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-84.65%	-5.20%	-79.45%
Max Drawdown (1Y) Largest decline over 1 year	-33.05%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-38.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-75.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.65%	—	—
Current Drawdown Current decline from peak	-10.00%	0.00%	-10.00%
Average Drawdown Average peak-to-trough decline	-36.99%	-0.84%	-36.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.29%	—	—

Volatility

Volatility by Period

	EURL	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.18%	24.31%	+21.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.23%	24.31%	+28.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.80%	24.31%	+31.49%

EURL vs. NTSD - Expense Ratio Comparison

EURL has a 1.07% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

EURL vs. NTSD - Dividend Comparison

EURL's dividend yield for the trailing twelve months is around 1.39%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EURL Direxion Daily FTSE Europe Bull 3x Shares	1.39%	1.50%	3.51%	2.50%	1.80%	0.33%	0.41%	1.17%	3.07%	0.38%
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

Can I hold both EURL and NTSD in my portfolio?

With a correlation of 0.92, EURL and NTSD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EURL 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, EURL or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.07% for EURL.

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

EURL has the higher dividend yield at 1.39%, compared with 0.00% for NTSD.

What is the main difference between EURL and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 1.07% for EURL and 0.35% for NTSD.