FNGD vs. NTSD

Last updated Jun 3, 2026

FNGD (MicroSectors FANG+™ Index -3X Inverse Leveraged ETN) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. FNGD is passively managed, while NTSD is actively managed. At a correlation of -0.74, they often move in opposite directions. FNGD charges 0.95%/yr vs 0.35%/yr for NTSD.

Performance

FNGD vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FNGD

• 1D: 1.51%
• 1M: -31.76%
• YTD: -43.70%
• 6M: -34.07%
• 1Y: -62.82%
• 3Y*: -69.63%
• 5Y*: -66.27%
• 10Y*: —

NTSD

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

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

FNGD vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
FNGD MicroSectors FANG+™ Index -3X Inverse Leveraged ETN	-55.13%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between FNGD and NTSD is -0.74, 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	-0.74

Return for Risk

FNGD vs. NTSD — Risk / Return Rank

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

FNGD

FNGD Risk / Return Rank: 1
FNGD Sharpe Ratio Rank: 1
FNGD Sortino Ratio Rank: 1
FNGD Omega Ratio Rank: 1
FNGD Calmar Ratio Rank: 1
FNGD Martin Ratio Rank: 0

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.

FNGD vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) 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.

	FNGD	NTSD	Difference
Sharpe ratio Return per unit of total volatility	-1.07	—	—
Sortino ratio Return per unit of downside risk	-1.88	—	—
Omega ratio Gain probability vs. loss probability	0.79	—	—
Calmar ratio Return relative to maximum drawdown	-0.97	—	—
Martin ratio Return relative to average drawdown	-1.91	—	—
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

	FNGD	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.07	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	5.75	-6.54

Drawdowns

FNGD vs. NTSD - Drawdown Comparison

The maximum FNGD drawdown since its inception was -100.00%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for FNGD and NTSD.

Drawdown Indicators

	FNGD	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-5.20%	-94.80%
Max Drawdown (1Y) Largest decline over 1 year	-65.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-97.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.67%	—	—
Current Drawdown Current decline from peak	-100.00%	0.00%	-100.00%
Average Drawdown Average peak-to-trough decline	-87.24%	-0.84%	-86.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.47%	—	—

Volatility

Volatility by Period

	FNGD	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.66%	24.31%	+34.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.79%	24.31%	+64.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.02%	24.31%	+66.71%

FNGD vs. NTSD - Expense Ratio Comparison

FNGD has a 0.95% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

FNGD vs. NTSD - Dividend Comparison

Neither FNGD nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FNGD and NTSD in my portfolio?

FNGD and NTSD have a correlation of -0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FNGD 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, FNGD or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.95% for FNGD.

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

FNGD and NTSD have nearly identical dividend yields, around 0.00%.

What is the main difference between FNGD and NTSD?

They also come from different issuers: BMO and WisdomTree. Their fees differ too: 0.95% for FNGD and 0.35% for NTSD.