NTSE vs. MDAA

Last updated Jun 5, 2026

NTSE (WisdomTree Emerging Markets Efficient Core Fund) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. NTSE charges 0.38%/yr vs 0.97%/yr for MDAA.

Performance

NTSE vs. MDAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Efficient Core Fund (NTSE) and Myriad Dynamic Asset Allocation ETF (MDAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NTSE achieves a 30.29% return, which is significantly higher than MDAA's 21.57% return.

NTSE

• 1D: -1.31%
• 1M: 7.69%
• YTD: 30.29%
• 6M: 33.64%
• 1Y: 59.40%
• 3Y*: 24.55%
• 5Y*: 6.15%
• 10Y*: —

MDAA

• 1D: -0.45%
• 1M: 5.56%
• YTD: 21.57%
• 6M: 21.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NTSE vs. MDAA - Yearly Performance Comparison

	2026 (YTD)	2025
NTSE WisdomTree Emerging Markets Efficient Core Fund	30.29%	3.45%
MDAA Myriad Dynamic Asset Allocation ETF	21.57%	-0.27%

Correlation

The correlation between NTSE and MDAA is 0.93, 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 Oct 6, 2025	0.93

Return for Risk

NTSE vs. MDAA — Risk / Return Rank

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

NTSE

NTSE Risk / Return Rank: 85
NTSE Sharpe Ratio Rank: 87
NTSE Sortino Ratio Rank: 86
NTSE Omega Ratio Rank: 87
NTSE Calmar Ratio Rank: 81
NTSE Martin Ratio Rank: 82

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.

NTSE vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Efficient Core Fund (NTSE) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

	NTSE	MDAA	Difference
Sharpe ratio: Return per unit of total volatility	2.88	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	4.21	—	—
Martin ratio: Return relative to average drawdown	16.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NTSE	MDAA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	1.42	-1.05

Drawdowns

NTSE vs. MDAA - Drawdown Comparison

The maximum NTSE drawdown since its inception was -42.84%, which is greater than MDAA's maximum drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for NTSE and MDAA.

Drawdown Indicators

	NTSE	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	-42.84%	-14.59%	-28.25%
Max Drawdown (1Y) Largest decline over 1 year	-14.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.84%	—	—
Current Drawdown Current decline from peak	-2.47%	-1.56%	-0.91%
Average Drawdown Average peak-to-trough decline	-19.72%	-2.92%	-16.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.66%	—	—

Volatility

Volatility by Period

	NTSE	MDAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.79%	23.82%	-3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.26%	23.82%	-4.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.24%	23.82%	-4.58%

NTSE vs. MDAA - Expense Ratio Comparison

NTSE has a 0.38% expense ratio, which is lower than MDAA's 0.97% expense ratio.

Dividends

NTSE vs. MDAA - Dividend Comparison

NTSE's dividend yield for the trailing twelve months is around 2.54%, more than MDAA's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021
MDAA Myriad Dynamic Asset Allocation ETF	0.38%	0.46%	0.00%	0.00%	0.00%	0.00%
NTSE WisdomTree Emerging Markets Efficient Core Fund	2.54%	3.35%	3.23%	2.44%	3.22%	2.10%

Frequently Asked Questions

Can I hold both NTSE and MDAA in my portfolio?

With a correlation of 0.93, NTSE and MDAA 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, NTSE or MDAA?

On fees, NTSE is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NTSE or MDAA?

NTSE is cheaper with a 0.38% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, NTSE or MDAA?

NTSE has the higher dividend yield at 2.54%, compared with 0.38% for MDAA.

What is the main difference between NTSE and MDAA?

They also come from different issuers: WisdomTree and Myriad. Their fees differ too: 0.38% for NTSE and 0.97% for MDAA.