IWFL vs. NTSD

Last updated Jun 3, 2026

IWFL (ETRACS 2x Leveraged US Growth Factor TR ETN) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. IWFL is passively managed, while NTSD is actively managed. Their correlation of 0.87 suggests significant overlap in exposure. IWFL charges 0.95%/yr vs 0.35%/yr for NTSD.

Performance

IWFL vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IWFL

• 1D: -0.80%
• 1M: 12.28%
• YTD: 12.54%
• 6M: 10.59%
• 1Y: 48.76%
• 3Y*: 39.45%
• 5Y*: 20.43%
• 10Y*: —

NTSD

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

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

IWFL vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
IWFL ETRACS 2x Leveraged US Growth Factor TR ETN	35.54%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between IWFL and NTSD is 0.87, 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	0.87

Return for Risk

IWFL vs. NTSD — Risk / Return Rank

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

IWFL

IWFL Risk / Return Rank: 37
IWFL Sharpe Ratio Rank: 43
IWFL Sortino Ratio Rank: 39
IWFL Omega Ratio Rank: 40
IWFL Calmar Ratio Rank: 30
IWFL Martin Ratio Rank: 32

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.

IWFL vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) 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.

	IWFL	NTSD	Difference
Sharpe ratio Return per unit of total volatility	1.53	—	—
Sortino ratio Return per unit of downside risk	2.01	—	—
Omega ratio Gain probability vs. loss probability	1.27	—	—
Calmar ratio Return relative to maximum drawdown	1.52	—	—
Martin ratio Return relative to average drawdown	4.86	—	—
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

	IWFL	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	5.75	-5.33

Drawdowns

IWFL vs. NTSD - Drawdown Comparison

The maximum IWFL drawdown since its inception was -59.29%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for IWFL and NTSD.

Drawdown Indicators

	IWFL	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-59.29%	-5.20%	-54.09%
Max Drawdown (1Y) Largest decline over 1 year	-32.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-46.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-59.29%	—	—
Current Drawdown Current decline from peak	-0.80%	0.00%	-0.80%
Average Drawdown Average peak-to-trough decline	-19.95%	-0.84%	-19.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.28%	—	—

Volatility

Volatility by Period

	IWFL	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.98%	24.31%	+7.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.68%	24.31%	+22.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.29%	24.31%	+21.98%

IWFL vs. NTSD - Expense Ratio Comparison

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

Dividends

IWFL vs. NTSD - Dividend Comparison

Neither IWFL nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IWFL and NTSD in my portfolio?

IWFL and NTSD have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IWFL 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, IWFL or NTSD?

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

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

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

What is the main difference between IWFL and NTSD?

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