MTGP vs. NTSX

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Mortgage Plus Bond Fund (MTGP) and WisdomTree U.S. Efficient Core Fund (NTSX).

MTGP and NTSX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MTGP is an actively managed fund by WisdomTree. It was launched on Nov 14, 2019. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018.

Performance

MTGP vs. NTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Mortgage Plus Bond Fund (MTGP) and WisdomTree U.S. Efficient Core Fund (NTSX). The values are adjusted to include any dividend payments, if applicable.

MTGP vs. NTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MTGP WisdomTree Mortgage Plus Bond Fund	0.16%	7.57%	2.48%	3.96%	-11.29%	-0.64%	4.91%	0.05%
NTSX WisdomTree U.S. Efficient Core Fund	-4.59%	18.82%	20.20%	22.70%	-25.84%	22.21%	24.87%	3.72%

Returns By Period

In the year-to-date period, MTGP achieves a 0.16% return, which is significantly higher than NTSX's -4.59% return.

MTGP

• 1D: 0.28%
• 1M: -1.58%
• YTD: 0.16%
• 6M: 1.57%
• 1Y: 5.25%
• 3Y*: 4.05%
• 5Y*: 0.37%
• 10Y*: —

NTSX

• 1D: 2.78%
• 1M: -5.47%
• YTD: -4.59%
• 6M: -2.72%
• 1Y: 16.50%
• 3Y*: 15.56%
• 5Y*: 7.99%
• 10Y*: —

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

MTGP vs. NTSX - Expense Ratio Comparison

MTGP has a 0.45% expense ratio, which is higher than NTSX's 0.20% expense ratio.

MTGP

WisdomTree Mortgage Plus Bond Fund

NTSX

WisdomTree U.S. Efficient Core Fund

Return for Risk

MTGP vs. NTSX — Risk / Return Rank

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

MTGP

MTGP Risk / Return Rank: 57
MTGP Sharpe Ratio Rank: 55
MTGP Sortino Ratio Rank: 54
MTGP Omega Ratio Rank: 46
MTGP Calmar Ratio Rank: 76
MTGP Martin Ratio Rank: 57

NTSX

NTSX Risk / Return Rank: 60
NTSX Sharpe Ratio Rank: 54
NTSX Sortino Ratio Rank: 53
NTSX Omega Ratio Rank: 59
NTSX Calmar Ratio Rank: 65
NTSX Martin Ratio Rank: 70

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.

MTGP vs. NTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Mortgage Plus Bond Fund (MTGP) 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.

	MTGP	NTSX	Difference
Sharpe ratio Return per unit of total volatility	0.99	0.90	+0.09
Sortino ratio Return per unit of downside risk	1.43	1.32	+0.11
Omega ratio Gain probability vs. loss probability	1.18	1.20	-0.02
Calmar ratio Return relative to maximum drawdown	2.05	1.54	+0.51
Martin ratio Return relative to average drawdown	5.63	6.64	-1.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTGP vs. NTSX - Sharpe Ratio Comparison

The current MTGP Sharpe Ratio is 0.99, which is comparable to the NTSX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of MTGP and NTSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MTGP	NTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	0.90	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.47	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.62	-0.44

Correlation

The correlation between MTGP and NTSX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MTGP vs. NTSX - Dividend Comparison

MTGP's dividend yield for the trailing twelve months is around 4.28%, more than NTSX's 1.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MTGP WisdomTree Mortgage Plus Bond Fund	4.28%	4.19%	4.05%	3.02%	2.47%	1.64%	2.61%	0.00%	0.00%
NTSX WisdomTree U.S. Efficient Core Fund	1.22%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%

Drawdowns

MTGP vs. NTSX - Drawdown Comparison

The maximum MTGP drawdown since its inception was -16.63%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for MTGP and NTSX.

Drawdown Indicators

	MTGP	NTSX	Difference
Max Drawdown Largest peak-to-trough decline	-16.63%	-31.34%	+14.71%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	-11.13%	+8.49%
Max Drawdown (5Y) Largest decline over 5 years	-16.63%	-31.34%	+14.71%
Current Drawdown Current decline from peak	-1.58%	-6.40%	+4.82%
Average Drawdown Average peak-to-trough decline	-5.21%	-6.92%	+1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	2.57%	-1.61%

Volatility

MTGP vs. NTSX - Volatility Comparison

The current volatility for WisdomTree Mortgage Plus Bond Fund (MTGP) is 1.81%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 6.11%. This indicates that MTGP 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

	MTGP	NTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.81%	6.11%	-4.30%
Volatility (6M) Calculated over the trailing 6-month period	3.06%	9.65%	-6.59%
Volatility (1Y) Calculated over the trailing 1-year period	5.32%	18.39%	-13.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.76%	17.04%	-11.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.29%	18.39%	-13.10%