NTSD vs. UPRO

Last updated Jul 17, 2026

NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) and UPRO (ProShares UltraPro S&P 500) are both Leveraged Equities funds. NTSD is actively managed, while UPRO is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. NTSD charges 0.35%/yr vs 0.89%/yr for UPRO.

Performance

NTSD vs. UPRO - 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 ProShares UltraPro S&P 500 (UPRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NTSD

• 1D: -1.11%
• 1M: -0.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UPRO

• 1D: -1.55%
• 1M: -0.15%
• 6M: 19.67%
• YTD: 24.61%
• 1Y: 54.64%
• 3Y*: 43.89%
• 5Y*: 20.84%
• 10Y*: 28.60%

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

NTSD vs. UPRO - Yearly Performance Comparison

	2026 (YTD)
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	18.50%
UPRO ProShares UltraPro S&P 500	40.77%

Correlation

The correlation between NTSD and UPRO is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.94

Return for Risk

NTSD vs. UPRO — 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.

UPRO

UPRO Risk / Return Rank: 51
UPRO Sharpe Ratio Rank: 53
UPRO Sortino Ratio Rank: 47
UPRO Omega Ratio Rank: 48
UPRO Calmar Ratio Rank: 50
UPRO Martin Ratio Rank: 58

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. UPRO - 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 ProShares UltraPro S&P 500 (UPRO). 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	UPRO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.46	—
Sortino ratio: Return per unit of downside risk	—	1.96	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.05	—
Martin ratio: Return relative to average drawdown	—	8.08	—

Drawdowns

NTSD vs. UPRO - Drawdown Comparison

The maximum NTSD drawdown since its inception was -5.58%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for NTSD and UPRO.

Drawdown Indicators

	NTSD	UPRO	Difference
Max Drawdown Largest peak-to-trough decline	-5.58%	-76.82%	+71.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.78%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-48.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-76.82%	—
Current Drawdown Current decline from peak	-1.28%	-4.60%	+3.32%
Average Drawdown Average peak-to-trough decline	-1.13%	-14.36%	+13.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.78%	—

Volatility

Volatility by Period

	NTSD	UPRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.24%	37.59%	-14.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.24%	50.67%	-27.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.24%	53.71%	-30.47%

NTSD vs. UPRO - Expense Ratio Comparison

NTSD has a 0.35% expense ratio, which is lower than UPRO's 0.89% expense ratio.

Dividends

NTSD vs. UPRO - Dividend Comparison

NTSD's dividend yield for the trailing twelve months is around 0.14%, less than UPRO's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UPRO ProShares UltraPro S&P 500	0.75%	0.84%	0.93%	0.74%	0.52%	0.06%	0.11%	0.41%	0.63%	0.00%	0.12%	0.34%

Frequently Asked Questions

Can I hold both NTSD and UPRO in my portfolio?

With a correlation of 0.94, NTSD and UPRO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, NTSD or UPRO?

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 UPRO?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.89% for UPRO.

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

UPRO has the higher dividend yield at 0.75%, compared with 0.14% for NTSD.

What is the main difference between NTSD and UPRO?

They also come from different issuers: WisdomTree and ProShares. Their fees differ too: 0.35% for NTSD and 0.89% for UPRO.