IRE vs. NTSD

Last updated Jun 4, 2026

IRE (Defiance Daily Target 2X Long IREN ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. IRE charges 1.31%/yr vs 0.35%/yr for NTSD.

Performance

IRE vs. NTSD - Performance Comparison

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

Returns By Period

IRE

• 1D: -3.62%
• 1M: 53.26%
• YTD: 61.20%
• 6M: 8.68%
• 1Y: —
• 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)

IRE vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
IRE Defiance Daily Target 2X Long IREN ETF	88.86%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between IRE and NTSD is 0.56, 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	0.56

Return for Risk

IRE vs. NTSD - Risk-Adjusted Trends Comparison

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IRE	NTSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.29	5.08	-5.37

Drawdowns

IRE vs. NTSD - Drawdown Comparison

The maximum IRE drawdown since its inception was -90.87%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for IRE and NTSD.

Drawdown Indicators

	IRE	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-90.87%	-5.20%	-85.67%
Current Drawdown Current decline from peak	-68.95%	-1.11%	-67.84%
Average Drawdown Average peak-to-trough decline	-69.97%	-0.84%	-69.13%

Volatility

Volatility by Period

	IRE	NTSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	214.53%	24.28%	+190.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	214.53%	24.28%	+190.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	214.53%	24.28%	+190.25%

IRE vs. NTSD - Expense Ratio Comparison

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

Dividends

IRE vs. NTSD - Dividend Comparison

Neither IRE nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IRE and NTSD in my portfolio?

IRE and NTSD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IRE 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, IRE or NTSD?

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

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

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

What is the main difference between IRE and NTSD?

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