MSTP vs. NTSD

Last updated Jun 4, 2026

MSTP (GraniteShares 2x Long MSTR Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. MSTP charges 1.50%/yr vs 0.35%/yr for NTSD.

Performance

MSTP vs. NTSD - Performance Comparison

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

Returns By Period

MSTP

• 1D: -13.74%
• 1M: -54.90%
• YTD: -52.13%
• 6M: -70.05%
• 1Y: —
• 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)

MSTP vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
MSTP GraniteShares 2x Long MSTR Daily ETF	-27.13%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between MSTP and NTSD is 0.57, 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	0.57

Return for Risk

MSTP vs. NTSD - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	MSTP	NTSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	5.08	-5.75

Drawdowns

MSTP vs. NTSD - Drawdown Comparison

The maximum MSTP drawdown since its inception was -96.25%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for MSTP and NTSD.

Drawdown Indicators

	MSTP	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-96.25%	-5.20%	-91.05%
Current Drawdown Current decline from peak	-95.92%	-1.11%	-94.81%
Average Drawdown Average peak-to-trough decline	-68.56%	-0.84%	-67.72%

Volatility

Volatility by Period

	MSTP	NTSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	141.47%	24.28%	+117.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	141.47%	24.28%	+117.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	141.47%	24.28%	+117.19%

MSTP vs. NTSD - Expense Ratio Comparison

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

Dividends

MSTP vs. NTSD - Dividend Comparison

Neither MSTP nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MSTP and NTSD in my portfolio?

MSTP and NTSD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSTP 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, MSTP or NTSD?

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

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

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

What is the main difference between MSTP and NTSD?

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