KPDD vs. NTSD

Last updated Jun 4, 2026

KPDD (KraneShares 2x Long PDD Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. KPDD is passively managed, while NTSD is actively managed. At a 0.49 correlation, their price movements are largely independent. KPDD charges 1.27%/yr vs 0.35%/yr for NTSD.

Performance

KPDD vs. NTSD - Performance Comparison

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

Returns By Period

KPDD

• 1D: -6.41%
• 1M: -26.78%
• YTD: -49.17%
• 6M: -53.13%
• 1Y: -39.50%
• 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)

KPDD vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
KPDD KraneShares 2x Long PDD Daily ETF	-28.12%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between KPDD and NTSD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.49

Return for Risk

KPDD vs. NTSD — Risk / Return Rank

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

KPDD

KPDD Risk / Return Rank: 4
KPDD Sharpe Ratio Rank: 4
KPDD Sortino Ratio Rank: 4
KPDD Omega Ratio Rank: 4
KPDD Calmar Ratio Rank: 4
KPDD Martin Ratio Rank: 4

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.

KPDD vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares 2x Long PDD Daily ETF (KPDD) 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.

	KPDD	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	—	—
Sortino ratio: Return per unit of downside risk	-0.59	—	—
Omega ratio: Gain probability vs. loss probability	0.92	—	—
Calmar ratio: Return relative to maximum drawdown	-0.58	—	—
Martin ratio: Return relative to average drawdown	-1.14	—	—
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

	KPDD	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.74	5.08	-5.82

Drawdowns

KPDD vs. NTSD - Drawdown Comparison

The maximum KPDD drawdown since its inception was -70.57%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for KPDD and NTSD.

Drawdown Indicators

	KPDD	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-70.57%	-5.20%	-65.37%
Max Drawdown (1Y) Largest decline over 1 year	-68.49%	—	—
Current Drawdown Current decline from peak	-69.09%	-1.11%	-67.98%
Average Drawdown Average peak-to-trough decline	-37.19%	-0.84%	-36.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.59%	—	—

Volatility

Volatility by Period

	KPDD	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	51.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	64.76%	24.28%	+40.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.72%	24.28%	+50.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.72%	24.28%	+50.44%

KPDD vs. NTSD - Expense Ratio Comparison

KPDD has a 1.27% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

KPDD vs. NTSD - Dividend Comparison

KPDD's dividend yield for the trailing twelve months is around 113.85%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025
KPDD KraneShares 2x Long PDD Daily ETF	113.85%	57.87%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both KPDD and NTSD in my portfolio?

KPDD and NTSD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KPDD 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, KPDD or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.27% for KPDD.

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

KPDD has the higher dividend yield at 113.85%, compared with 0.00% for NTSD.

What is the main difference between KPDD and NTSD?

They also come from different issuers: KraneShares and WisdomTree. Their fees differ too: 1.27% for KPDD and 0.35% for NTSD.