NTSD vs. SOXS

Last updated Jun 23, 2026

NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) and SOXS (Direxion Daily Semiconductor Bear 3x Shares) are both exchange-traded funds - NTSD is a Leveraged Equities fund actively managed by WisdomTree, while SOXS is a Inverse Equities fund tracking the PHLX Semiconductor Index (-300%). NTSD is actively managed, while SOXS is passively managed. At a correlation of -0.71, they often move in opposite directions. NTSD charges 0.35%/yr vs 1.08%/yr for SOXS.

Performance

NTSD vs. SOXS - 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 Direxion Daily Semiconductor Bear 3x Shares (SOXS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NTSD

• 1D: -0.28%
• 1M: 1.57%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXS

• 1D: -8.08%
• 1M: -57.31%
• YTD: -94.69%
• 6M: -94.57%
• 1Y: -98.20%
• 3Y*: -88.23%
• 5Y*: -81.24%
• 10Y*: -79.95%

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

NTSD vs. SOXS - Yearly Performance Comparison

	2026 (YTD)
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	18.19%
SOXS Direxion Daily Semiconductor Bear 3x Shares	-91.41%

Correlation

The correlation between NTSD and SOXS is -0.71, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	-0.71

Return for Risk

NTSD vs. SOXS — Risk / Return Rank

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

NTSD

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

SOXS

SOXS Risk / Return Rank: 1
SOXS Sharpe Ratio Rank: 2
SOXS Sortino Ratio Rank: 0
SOXS Omega Ratio Rank: 0
SOXS Calmar Ratio Rank: 0
SOXS Martin Ratio Rank: 1

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.

NTSD vs. SOXS - 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 Direxion Daily Semiconductor Bear 3x Shares (SOXS). 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.

	NTSD	SOXS	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.86	—
Sortino ratio: Return per unit of downside risk	—	-3.67	—
Omega ratio: Gain probability vs. loss probability	—	0.61	—
Calmar ratio: Return relative to maximum drawdown	—	-1.00	—
Martin ratio: Return relative to average drawdown	—	-1.46	—

Drawdowns

NTSD vs. SOXS - Drawdown Comparison

The maximum NTSD drawdown since its inception was -5.58%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NTSD and SOXS.

Drawdown Indicators

	NTSD	SOXS	Difference
Max Drawdown Largest peak-to-trough decline	-5.58%	-100.00%	+94.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-98.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-99.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-100.00%	—
Current Drawdown Current decline from peak	-0.88%	-100.00%	+99.12%
Average Drawdown Average peak-to-trough decline	-1.06%	-92.60%	+91.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	67.64%	—

Volatility

Volatility by Period

	NTSD	SOXS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	61.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	97.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.87%	115.12%	-90.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.87%	110.92%	-86.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.87%	101.99%	-77.12%

NTSD vs. SOXS - Expense Ratio Comparison

NTSD has a 0.35% expense ratio, which is lower than SOXS's 1.08% expense ratio.

Dividends

NTSD vs. SOXS - Dividend Comparison

NTSD has not paid dividends to shareholders, while SOXS's dividend yield for the trailing twelve months is around 101.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXS Direxion Daily Semiconductor Bear 3x Shares	101.68%	10.79%	5.45%	9.22%	0.19%	0.00%	3.58%	2.30%	0.76%

Frequently Asked Questions

Can I hold both NTSD and SOXS in my portfolio?

NTSD and SOXS have a correlation of -0.71, 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 SOXS?

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 SOXS?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.08% for SOXS.

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

SOXS has the higher dividend yield at 101.68%, compared with 0.00% for NTSD.

What is the main difference between NTSD and SOXS?

NTSD is categorized as Leveraged Equities, while SOXS is Inverse Equities. They also come from different issuers: WisdomTree and Direxion. Their fees differ too: 0.35% for NTSD and 1.08% for SOXS.