NTSD vs. ONDL

Last updated Aug 4, 2026

NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) and ONDL (Defiance Daily Target 2X Long ONDS ETF) are both Leveraged Equities funds. NTSD is actively managed, while ONDL is passively managed. Their 0.54 correlation means they have sometimes moved together and sometimes differently. NTSD charges 0.35%/yr vs 1.31%/yr for ONDL.

Performance

NTSD vs. ONDL - 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 ONDS ETF (ONDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NTSD

• 1D: 1.45%
• 1M: 1.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ONDL

• 1D: 23.89%
• 1M: 11.86%
• 6M: -71.29%
• YTD: -70.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	$171.21K	$163.56K	$308.78K
ONDL Defiance Daily Target 2X Long ONDS ETF	$13.49M	$10.59M	$22.91M

NTSD vs. ONDL - Yearly Performance Comparison

	2026 (YTD)
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	20.87%
ONDL Defiance Daily Target 2X Long ONDS ETF	-66.18%

Correlation

The correlation between NTSD and ONDL is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.54

Return for Risk

NTSD vs. ONDL - 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 ONDS ETF (ONDL). 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. ONDL - Drawdown Comparison

The maximum NTSD drawdown since its inception was -5.58%, smaller than the maximum ONDL drawdown of -89.86%. Use the drawdown chart below to compare losses from any high point for NTSD and ONDL.

Drawdown Indicators

	NTSD	ONDL	Difference
Max Drawdown Largest peak-to-trough decline	-5.58%	-89.86%	+84.28%
Current Drawdown Current decline from peak	0.00%	-84.65%	+84.65%
Average Drawdown Average peak-to-trough decline	-1.23%	-60.92%	+59.69%

Volatility

Volatility by Period

	NTSD	ONDL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	209.72%	-186.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.11%	209.72%	-186.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.11%	209.72%	-186.61%

NTSD vs. ONDL - Expense Ratio Comparison

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

Dividends

NTSD vs. ONDL - Dividend Comparison

NTSD's dividend yield for the trailing twelve months is around 0.14%, while ONDL has not paid dividends to shareholders.

Position	TTM
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.14%
ONDL Defiance Daily Target 2X Long ONDS ETF	0.00%

Frequently Asked Questions

Can I hold both NTSD and ONDL in my portfolio?

NTSD and ONDL have a correlation of 0.54, 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 ONDL?

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 ONDL?

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

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

NTSD has the higher dividend yield at 0.14%, compared with 0.00% for ONDL.

What is the main difference between NTSD and ONDL?

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