MIDU vs. NTSD

Last updated Jun 23, 2026

MIDU (Direxion Daily Mid Cap Bull 3X Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. MIDU is passively managed, while NTSD is actively managed. Their correlation of 0.82 suggests significant overlap in exposure. MIDU charges 1.06%/yr vs 0.35%/yr for NTSD.

Performance

MIDU vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Mid Cap Bull 3X Shares (MIDU) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MIDU

• 1D: 1.17%
• 1M: 10.15%
• YTD: 42.23%
• 6M: 33.14%
• 1Y: 73.64%
• 3Y*: 27.63%
• 5Y*: 4.54%
• 10Y*: 13.35%

NTSD

• 1D: -0.28%
• 1M: 1.57%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MIDU vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
MIDU Direxion Daily Mid Cap Bull 3X Shares	39.08%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	18.19%

Correlation

The correlation between MIDU and NTSD is 0.82, 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 19, 2026	0.82

Return for Risk

MIDU vs. NTSD — Risk / Return Rank

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

MIDU

MIDU Risk / Return Rank: 49
MIDU Sharpe Ratio Rank: 46
MIDU Sortino Ratio Rank: 44
MIDU Omega Ratio Rank: 41
MIDU Calmar Ratio Rank: 60
MIDU Martin Ratio Rank: 56

NTSD

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

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.

MIDU vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Mid Cap Bull 3X Shares (MIDU) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MIDU	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	1.57	—	—
Sortino ratio: Return per unit of downside risk	2.17	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.87	—	—
Martin ratio: Return relative to average drawdown	9.51	—	—

Drawdowns

MIDU vs. NTSD - Drawdown Comparison

The maximum MIDU drawdown since its inception was -86.26%, which is greater than NTSD's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for MIDU and NTSD.

Drawdown Indicators

	MIDU	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-86.26%	-5.58%	-80.68%
Max Drawdown (1Y) Largest decline over 1 year	-25.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-60.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-86.26%	—	—
Current Drawdown Current decline from peak	-1.00%	-0.88%	-0.12%
Average Drawdown Average peak-to-trough decline	-22.38%	-1.06%	-21.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.76%	—	—

Volatility

Volatility by Period

	MIDU	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.36%	24.87%	+22.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.48%	24.87%	+34.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.68%	24.87%	+38.81%

MIDU vs. NTSD - Expense Ratio Comparison

MIDU has a 1.06% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

MIDU vs. NTSD - Dividend Comparison

MIDU's dividend yield for the trailing twelve months is around 0.62%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
MIDU Direxion Daily Mid Cap Bull 3X Shares	0.62%	1.04%	1.10%	1.43%	0.11%	0.00%	0.06%	0.71%	0.70%	2.67%	1.89%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MIDU and NTSD in my portfolio?

MIDU and NTSD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MIDU 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, MIDU or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.06% for MIDU.

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

MIDU has the higher dividend yield at 0.62%, compared with 0.00% for NTSD.

What is the main difference between MIDU and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 1.06% for MIDU and 0.35% for NTSD.