EWV vs. NTSD
EWV (ProShares UltraShort MSCI Japan) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. EWV is passively managed, while NTSD is actively managed. At a correlation of -0.82, they often move in opposite directions. EWV charges 0.95%/yr vs 0.35%/yr for NTSD.
Performance
EWV vs. NTSD - Performance Comparison
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Returns By Period
EWV
- 1D
- -0.28%
- 1M
- -12.11%
- YTD
- -27.97%
- 6M
- -29.61%
- 1Y
- -43.86%
- 3Y*
- -28.45%
- 5Y*
- -17.58%
- 10Y*
- -20.24%
NTSD
- 1D
- -1.11%
- 1M
- 7.13%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWV vs. NTSD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EWV ProShares UltraShort MSCI Japan | -21.02% |
NTSD WisdomTree Efficient U.S. Plus International Equity Fund | 17.91% |
Correlation
The correlation between EWV and NTSD is -0.82, 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 | -0.82 |
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Return for Risk
EWV vs. NTSD — Risk / Return Rank
EWV
NTSD
EWV vs. NTSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI Japan (EWV) 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.
| EWV | NTSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.80 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | — | — |
| Martin ratioReturn relative to average drawdown | -1.51 | — | — |
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
| EWV | NTSD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.11 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.47 | 5.08 | -5.55 |
Drawdowns
EWV vs. NTSD - Drawdown Comparison
The maximum EWV drawdown since its inception was -99.13%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for EWV and NTSD.
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Drawdown Indicators
| EWV | NTSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.13% | -5.20% | -93.93% |
Max Drawdown (1Y)Largest decline over 1 year | -46.88% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -68.67% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -77.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.10% | — | — |
Current DrawdownCurrent decline from peak | -99.13% | -1.11% | -98.02% |
Average DrawdownAverage peak-to-trough decline | -84.28% | -0.84% | -83.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.05% | — | — |
Volatility
EWV vs. NTSD - Volatility Comparison
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Volatility by Period
| EWV | NTSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.11% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.22% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.88% | 24.28% | +15.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.62% | 24.28% | +12.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.95% | 24.28% | +10.67% |
EWV vs. NTSD - Expense Ratio Comparison
EWV has a 0.95% expense ratio, which is higher than NTSD's 0.35% expense ratio.
Dividends
EWV vs. NTSD - Dividend Comparison
EWV's dividend yield for the trailing twelve months is around 4.98%, while NTSD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EWV ProShares UltraShort MSCI Japan | 4.98% | 3.63% | 3.39% | 3.42% | 0.65% | 0.00% | 0.00% | 0.33% | 0.00% |
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% |
Frequently Asked Questions
EWV and NTSD have a correlation of -0.82, 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 0.95% for EWV.
EWV has the higher dividend yield at 4.98%, compared with 0.00% for NTSD.
They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for EWV and 0.35% for NTSD.
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