NTSD vs. MPL

Last updated Jun 24, 2026

NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) and MPL (Defiance Daily Target 2X Long MP ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. NTSD charges 0.35%/yr vs 1.31%/yr for MPL.

Performance

NTSD vs. MPL - Performance Comparison

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

Returns By Period

NTSD

• 1D: -2.11%
• 1M: -0.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MPL

• 1D: -4.36%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NTSD vs. MPL - Yearly Performance Comparison

	2026 (YTD)
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	-0.58%
MPL Defiance Daily Target 2X Long MP ETF	-22.83%

Correlation

The correlation between NTSD and MPL is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.45

Return for Risk

NTSD vs. MPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient U.S. Plus International Equity Fund (NTSD) and Defiance Daily Target 2X Long MP ETF (MPL). 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.

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

Drawdowns

NTSD vs. MPL - Drawdown Comparison

The maximum NTSD drawdown since its inception was -5.58%, smaller than the maximum MPL drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for NTSD and MPL.

Drawdown Indicators

	NTSD	MPL	Difference
Max Drawdown Largest peak-to-trough decline	-5.58%	-46.81%	+41.23%
Current Drawdown Current decline from peak	-2.97%	-36.12%	+33.15%
Average Drawdown Average peak-to-trough decline	-1.09%	-24.69%	+23.60%

Volatility

Volatility by Period

	NTSD	MPL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.11%	146.65%	-121.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.11%	146.65%	-121.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.11%	146.65%	-121.54%

NTSD vs. MPL - Expense Ratio Comparison

NTSD has a 0.35% expense ratio, which is lower than MPL's 1.31% expense ratio.

Dividends

NTSD vs. MPL - Dividend Comparison

Neither NTSD nor MPL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NTSD and MPL in my portfolio?

NTSD and MPL 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.

Which ETF is better, NTSD or MPL?

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, NTSD or MPL?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.31% for MPL.

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

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

What is the main difference between NTSD and MPL?

They also come from different issuers: WisdomTree and Defiance. Their fees differ too: 0.35% for NTSD and 1.31% for MPL.