NTSD vs. TSMG

Last updated Jun 5, 2026

NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. NTSD charges 0.35%/yr vs 0.75%/yr for TSMG.

Performance

NTSD vs. TSMG - 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 Leverage Shares 2X Long TSM Daily ETF (TSMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NTSD

• 1D: 1.08%
• 1M: 6.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMG

• 1D: 3.47%
• 1M: 24.82%
• YTD: 92.52%
• 6M: 104.85%
• 1Y: 292.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NTSD vs. TSMG - Yearly Performance Comparison

	2026 (YTD)
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.18%
TSMG Leverage Shares 2X Long TSM Daily ETF	62.73%

Correlation

The correlation between NTSD and TSMG is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.61

Return for Risk

NTSD vs. TSMG — Risk / Return Rank

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

TSMG

TSMG Risk / Return Rank: 89
TSMG Sharpe Ratio Rank: 96
TSMG Sortino Ratio Rank: 84
TSMG Omega Ratio Rank: 78
TSMG Calmar Ratio Rank: 95
TSMG Martin Ratio Rank: 94

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. TSMG - 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 Leverage Shares 2X Long TSM Daily ETF (TSMG). 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.

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

Sharpe Ratios by Period

	NTSD	TSMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.46	1.76	+3.70

Drawdowns

NTSD vs. TSMG - Drawdown Comparison

The maximum NTSD drawdown since its inception was -5.20%, smaller than the maximum TSMG drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for NTSD and TSMG.

Drawdown Indicators

	NTSD	TSMG	Difference
Max Drawdown Largest peak-to-trough decline	-5.20%	-63.67%	+58.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.29%	—
Current Drawdown Current decline from peak	-0.04%	-0.93%	+0.89%
Average Drawdown Average peak-to-trough decline	-0.83%	-16.94%	+16.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.79%	—

Volatility

Volatility by Period

	NTSD	TSMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.10%	71.76%	-47.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.10%	80.99%	-56.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.10%	80.99%	-56.89%

NTSD vs. TSMG - Expense Ratio Comparison

NTSD has a 0.35% expense ratio, which is lower than TSMG's 0.75% expense ratio.

Dividends

NTSD vs. TSMG - Dividend Comparison

NTSD has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 5.96%.

Position	TTM	2025
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%
TSMG Leverage Shares 2X Long TSM Daily ETF	5.96%	11.48%

Frequently Asked Questions

Can I hold both NTSD and TSMG in my portfolio?

NTSD and TSMG have a correlation of 0.61, 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 TSMG?

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 TSMG?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.75% for TSMG.

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

TSMG has the higher dividend yield at 5.96%, compared with 0.00% for NTSD.

What is the main difference between NTSD and TSMG?

They also come from different issuers: WisdomTree and Leverage Shares. Their fees differ too: 0.35% for NTSD and 0.75% for TSMG.