MTGP vs. NTSX
MTGP (WisdomTree Mortgage Plus Bond Fund) and NTSX (WisdomTree U.S. Efficient Core Fund) are both exchange-traded funds - MTGP is a Mortgage Backed Securities fund actively managed by WisdomTree, while NTSX is a Diversified Portfolio fund actively managed by WisdomTree. Both are actively managed. Over the past 5 years, MTGP returned 0.10%/yr vs 8.15%/yr for NTSX. Their 0.19 correlation means their historical movements had little consistent relationship. MTGP charges 0.45%/yr vs 0.20%/yr for NTSX.
Performance
MTGP vs. NTSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MTGP achieves a -0.08% return, which is significantly lower than NTSX's 7.28% return.
MTGP
- 1D
- -0.36%
- 1M
- -0.90%
- 6M
- -0.62%
- YTD
- -0.08%
- 1Y
- 3.04%
- 3Y*
- 4.56%
- 5Y*
- 0.10%
- 10Y*
- —
- ALL TIME*
- 0.87%
NTSX
- 1D
- 0.71%
- 1M
- -0.51%
- 6M
- 6.45%
- YTD
- 7.28%
- 1Y
- 17.51%
- 3Y*
- 16.97%
- 5Y*
- 8.15%
- 10Y*
- —
- ALL TIME*
- 12.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $422.32K | $672.43K | $425.74K | |
| $1.95M | $1.79M | $2.60M |
MTGP vs. NTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MTGP WisdomTree Mortgage Plus Bond Fund | -0.08% | 7.57% | 2.48% | 3.96% | -11.29% | -0.64% | 4.91% | 0.08% |
NTSX WisdomTree U.S. Efficient Core Fund | 7.28% | 18.82% | 20.20% | 22.70% | -25.84% | 22.21% | 24.87% | 4.08% |
Correlation
The correlation between MTGP and NTSX is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2019 | 0.19 |
Over the past year, MTGP and NTSX have become more correlated (0.45) than their long-term average of 0.19, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MTGP vs. NTSX — Risk / Return Rank
MTGP
NTSX
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.
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.
| MTGP | NTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.22 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.79 | -0.22 |
| Martin ratioReturn relative to average drawdown | 4.02 | 7.28 | -3.26 |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| MTGP | NTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -31.34% | +14.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -9.16% | +6.63% |
Max Drawdown (3Y)Largest decline over 3 years | -5.52% | -16.82% | +11.30% |
Max Drawdown (5Y)Largest decline over 5 years | -16.63% | -31.34% | +14.71% |
Current DrawdownCurrent decline from peak | -1.81% | -2.27% | +0.46% |
Average DrawdownAverage peak-to-trough decline | -5.01% | -6.70% | +1.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.26% | -1.28% |
Volatility
MTGP vs. NTSX - Volatility Comparison
The current volatility for WisdomTree Mortgage Plus Bond Fund (MTGP) is 1.38%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 3.82%. 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.
Loading charts...
Volatility by Period
| MTGP | NTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 3.82% | -2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 3.17% | 10.74% | -7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 13.29% | -9.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.83% | 17.20% | -11.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.23% | 18.22% | -12.99% |
MTGP vs. NTSX - Expense Ratio Comparison
MTGP has a 0.45% expense ratio, which is higher than NTSX's 0.20% expense ratio.
Dividends
MTGP vs. NTSX - Dividend Comparison
MTGP's dividend yield for the trailing twelve months is around 4.42%, more than NTSX's 1.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
MTGP WisdomTree Mortgage Plus Bond Fund | 4.42% | 4.19% | 4.05% | 3.02% | 2.47% | 1.64% | 2.61% | 0.00% | 0.00% |
NTSX WisdomTree U.S. Efficient Core Fund | 1.10% | 1.14% | 1.14% | 1.21% | 1.36% | 0.82% | 0.92% | 1.42% | 0.62% |
Frequently Asked Questions
MTGP and NTSX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTSX has higher volatility (3.82%) compared to MTGP (1.38%). In terms of maximum drawdown, MTGP dropped -16.63% vs NTSX's -31.34%.
On 5-year performance, NTSX leads with 8.15% vs 0.10% for MTGP. On fees, NTSX is cheaper at 0.20% per year. On volatility, MTGP has been the lower-risk option at 1.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NTSX has performed better with a 8.15% return vs 0.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NTSX is cheaper with a 0.20% expense ratio, compared with 0.45% for MTGP.
MTGP has the higher dividend yield at 4.42%, compared with 1.10% for NTSX.
MTGP is categorized as Mortgage Backed Securities, while NTSX is Diversified Portfolio. Their fees differ too: 0.45% for MTGP and 0.20% for NTSX.
NTSX currently has the higher Sharpe Ratio (1.24 vs 0.93), 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.
Find the right allocation for MTGP and NTSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer