HOOX vs. NTSD

Last updated Jun 4, 2026

HOOX (Defiance Daily Target 2X Long HOOD ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined. HOOX charges 1.31%/yr vs 0.35%/yr for NTSD.

Performance

HOOX vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long HOOD ETF (HOOX) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HOOX

• 1D: -12.45%
• 1M: 10.42%
• YTD: -60.76%
• 6M: -72.98%
• 1Y: -31.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: -1.11%
• 1M: 7.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOX vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
HOOX Defiance Daily Target 2X Long HOOD ETF	6.94%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between HOOX and NTSD is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.69

Return for Risk

HOOX vs. NTSD — Risk / Return Rank

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

HOOX

HOOX Risk / Return Rank: 9
HOOX Sharpe Ratio Rank: 6
HOOX Sortino Ratio Rank: 13
HOOX Omega Ratio Rank: 13
HOOX Calmar Ratio Rank: 6
HOOX Martin Ratio Rank: 6

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.

HOOX vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HOOD ETF (HOOX) 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.

	HOOX	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	-0.23	—	—
Sortino ratio: Return per unit of downside risk	0.60	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	-0.37	—	—
Martin ratio: Return relative to average drawdown	-0.60	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HOOX	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	5.08	-4.74

Drawdowns

HOOX vs. NTSD - Drawdown Comparison

The maximum HOOX drawdown since its inception was -87.11%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for HOOX and NTSD.

Drawdown Indicators

	HOOX	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-87.11%	-5.20%	-81.91%
Max Drawdown (1Y) Largest decline over 1 year	-87.11%	—	—
Current Drawdown Current decline from peak	-81.84%	-1.11%	-80.73%
Average Drawdown Average peak-to-trough decline	-37.46%	-0.84%	-36.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.44%	—	—

Volatility

Volatility by Period

	HOOX	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	101.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	137.62%	24.28%	+113.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.08%	24.28%	+119.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.08%	24.28%	+119.80%

HOOX vs. NTSD - Expense Ratio Comparison

HOOX has a 1.31% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

HOOX vs. NTSD - Dividend Comparison

HOOX's dividend yield for the trailing twelve months is around 35.99%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025
HOOX Defiance Daily Target 2X Long HOOD ETF	35.99%	14.12%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both HOOX and NTSD in my portfolio?

HOOX and NTSD have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOX 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, HOOX or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.31% for HOOX.

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

HOOX has the higher dividend yield at 35.99%, compared with 0.00% for NTSD.

What is the main difference between HOOX and NTSD?

They also come from different issuers: Defiance and WisdomTree. Their fees differ too: 1.31% for HOOX and 0.35% for NTSD.