MRAL vs. NTSD

Last updated Jun 4, 2026

MRAL (GraniteShares 2x Long MARA Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. MRAL is passively managed, while NTSD is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. MRAL charges 1.50%/yr vs 0.35%/yr for NTSD.

Performance

MRAL vs. NTSD - Performance Comparison

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

Returns By Period

MRAL

• 1D: -4.00%
• 1M: 33.63%
• YTD: 65.74%
• 6M: -16.49%
• 1Y: -60.79%
• 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)

MRAL vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
MRAL GraniteShares 2x Long MARA Daily ETF	102.33%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between MRAL and NTSD is 0.52, 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	0.52

Return for Risk

MRAL vs. NTSD — Risk / Return Rank

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

MRAL

MRAL Risk / Return Rank: 7
MRAL Sharpe Ratio Rank: 5
MRAL Sortino Ratio Rank: 10
MRAL Omega Ratio Rank: 10
MRAL Calmar Ratio Rank: 4
MRAL Martin Ratio Rank: 5

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.

MRAL vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MARA Daily ETF (MRAL) 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.

	MRAL	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	-0.40	—	—
Sortino ratio: Return per unit of downside risk	0.22	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	-0.65	—	—
Martin ratio: Return relative to average drawdown	-0.92	—	—
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

	MRAL	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	5.08	-5.48

Drawdowns

MRAL vs. NTSD - Drawdown Comparison

The maximum MRAL drawdown since its inception was -93.46%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for MRAL and NTSD.

Drawdown Indicators

	MRAL	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-93.46%	-5.20%	-88.26%
Max Drawdown (1Y) Largest decline over 1 year	-93.46%	—	—
Current Drawdown Current decline from peak	-78.17%	-1.11%	-77.06%
Average Drawdown Average peak-to-trough decline	-56.03%	-0.84%	-55.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	66.02%	—	—

Volatility

Volatility by Period

	MRAL	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	115.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	153.49%	24.28%	+129.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	164.22%	24.28%	+139.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	164.22%	24.28%	+139.94%

MRAL vs. NTSD - Expense Ratio Comparison

MRAL has a 1.50% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

MRAL vs. NTSD - Dividend Comparison

Neither MRAL nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MRAL and NTSD in my portfolio?

MRAL and NTSD have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRAL 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, MRAL or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.50% for MRAL.

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

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

What is the main difference between MRAL and NTSD?

They also come from different issuers: GraniteShares and WisdomTree. Their fees differ too: 1.50% for MRAL and 0.35% for NTSD.