MSMR vs. NTSX

Last updated Jun 3, 2026

MSMR (McElhenny Sheffield Managed Risk ETF) and NTSX (WisdomTree U.S. Efficient Core Fund) are both Diversified Portfolio funds. Both are actively managed. Over the past 3 years, MSMR returned 18.65%/yr vs 19.38%/yr for NTSX. A 0.61 correlation means they provide meaningful diversification when combined. MSMR charges 0.97%/yr vs 0.20%/yr for NTSX.

Performance

MSMR vs. NTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in McElhenny Sheffield Managed Risk ETF (MSMR) and WisdomTree U.S. Efficient Core Fund (NTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with MSMR having a 8.56% return and NTSX slightly higher at 8.62%.

MSMR

• 1D: 0.78%
• 1M: 4.23%
• YTD: 8.56%
• 6M: 9.36%
• 1Y: 25.93%
• 3Y*: 18.65%
• 5Y*: —
• 10Y*: —

NTSX

• 1D: -1.05%
• 1M: 4.37%
• YTD: 8.62%
• 6M: 7.83%
• 1Y: 25.27%
• 3Y*: 19.38%
• 5Y*: 9.69%
• 10Y*: —

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

MSMR vs. NTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MSMR McElhenny Sheffield Managed Risk ETF	8.56%	17.06%	21.58%	18.77%	-11.88%	-1.12%
NTSX WisdomTree U.S. Efficient Core Fund	8.62%	18.82%	20.20%	22.70%	-25.84%	1.42%

Correlation

The correlation between MSMR and NTSX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021	0.61

The correlation between MSMR and NTSX shifts across timeframes, from 0.61 (all time) to 0.72 (3 years), reflecting how their relationship changes across market environments.

MSMR vs. NTSX - Sectors Allocation Comparison

Sectors	MSMR	NTSX
Technology	31.5%	35.1%
Energy	27.4%	3.5%
Communication Services	8.7%	12.5%
Consumer Defensive	8.4%	5.5%
Consumer Cyclical	8.1%	10.1%
Healthcare	5.9%	8.4%
Financial Services	3.5%	12.3%
Industrials	2.7%	7.7%
Utilities	2.5%	2.1%
Basic Materials	1.0%	1.4%
Real Estate	0.3%	1.5%

Return for Risk

MSMR vs. NTSX — Risk / Return Rank

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

MSMR

MSMR Risk / Return Rank: 67
MSMR Sharpe Ratio Rank: 64
MSMR Sortino Ratio Rank: 63
MSMR Omega Ratio Rank: 65
MSMR Calmar Ratio Rank: 73
MSMR Martin Ratio Rank: 70

NTSX

NTSX Risk / Return Rank: 60
NTSX Sharpe Ratio Rank: 60
NTSX Sortino Ratio Rank: 58
NTSX Omega Ratio Rank: 59
NTSX Calmar Ratio Rank: 55
NTSX Martin Ratio Rank: 66

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.

MSMR vs. NTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for McElhenny Sheffield Managed Risk ETF (MSMR) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.

	MSMR	NTSX	Difference
Sharpe ratio Return per unit of total volatility	2.18	2.06	+0.12
Sortino ratio Return per unit of downside risk	2.99	2.81	+0.18
Omega ratio Gain probability vs. loss probability	1.40	1.37	+0.03
Calmar ratio Return relative to maximum drawdown	3.72	2.77	+0.95
Martin ratio Return relative to average drawdown	13.29	12.25	+1.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSMR vs. NTSX - Sharpe Ratio Comparison

The current MSMR Sharpe Ratio is 2.18, which is comparable to the NTSX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of MSMR and NTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSMR	NTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	2.06	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	0.71	+0.36

Drawdowns

MSMR vs. NTSX - Drawdown Comparison

The maximum MSMR drawdown since its inception was -14.86%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for MSMR and NTSX.

Drawdown Indicators

	MSMR	NTSX	Difference
Max Drawdown Largest peak-to-trough decline	-14.86%	-31.34%	+16.48%
Max Drawdown (1Y) Largest decline over 1 year	-7.05%	-9.16%	+2.11%
Max Drawdown (3Y) Largest decline over 3 years	-8.84%	-16.82%	+7.98%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.34%	—
Current Drawdown Current decline from peak	0.00%	-1.05%	+1.05%
Average Drawdown Average peak-to-trough decline	-5.14%	-6.79%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	2.07%	-0.10%

Volatility

MSMR vs. NTSX - Volatility Comparison

The current volatility for McElhenny Sheffield Managed Risk ETF (MSMR) is 2.25%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 3.39%. This indicates that MSMR experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSMR	NTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	3.39%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	8.99%	9.58%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	12.31%	-0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.24%	17.04%	-6.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.24%	18.27%	-8.03%

MSMR vs. NTSX - Expense Ratio Comparison

MSMR has a 0.97% expense ratio, which is higher than NTSX's 0.20% expense ratio.

Dividends

MSMR vs. NTSX - Dividend Comparison

MSMR's dividend yield for the trailing twelve months is around 1.80%, more than NTSX's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MSMR McElhenny Sheffield Managed Risk ETF	1.80%	1.51%	2.26%	0.81%	0.65%	0.07%	0.00%	0.00%	0.00%
NTSX WisdomTree U.S. Efficient Core Fund	1.08%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%

Frequently Asked Questions

Can I hold both MSMR and NTSX in my portfolio?

MSMR and NTSX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSMR or NTSX?

NTSX has higher volatility (3.39%) compared to MSMR (2.25%). In terms of maximum drawdown, MSMR dropped -14.86% vs NTSX's -31.34%.

Which ETF is better, MSMR or NTSX?

On 3-year performance, NTSX leads with 19.38% vs 18.65% for MSMR. On fees, NTSX is cheaper at 0.20% per year. On volatility, MSMR has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSMR or NTSX?

Over the 3-year period, NTSX has performed better with a 19.38% return vs 18.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSMR or NTSX?

NTSX is cheaper with a 0.20% expense ratio, compared with 0.97% for MSMR.

Which ETF pays a higher dividend yield, MSMR or NTSX?

MSMR has the higher dividend yield at 1.80%, compared with 1.08% for NTSX.

What is the main difference between MSMR and NTSX?

They also come from different issuers: McElhenny Sheffield and WisdomTree. Their fees differ too: 0.97% for MSMR and 0.20% for NTSX.

Which has better risk-adjusted returns?

MSMR currently has the higher Sharpe Ratio (2.18 vs 2.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.