NTSI vs. PPI

Last updated Jun 24, 2026

NTSI (WisdomTree International Efficient Core Fund) and PPI (Astoria Real Assets ETF) are both Global Allocation funds. Both are actively managed. Over the past 3 years, NTSI returned 14.18%/yr vs 21.33%/yr for PPI. A 0.68 correlation means they provide meaningful diversification when combined. NTSI charges 0.26%/yr vs 0.58%/yr for PPI.

Performance

NTSI vs. PPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Efficient Core Fund (NTSI) and Astoria Real Assets ETF (PPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NTSI achieves a 6.38% return, which is significantly lower than PPI's 15.09% return.

NTSI

• 1D: -1.50%
• 1M: 0.19%
• YTD: 6.38%
• 6M: 6.48%
• 1Y: 20.27%
• 3Y*: 14.18%
• 5Y*: 5.58%
• 10Y*: —

PPI

• 1D: -1.62%
• 1M: -1.89%
• YTD: 15.09%
• 6M: 13.39%
• 1Y: 35.02%
• 3Y*: 21.33%
• 5Y*: —
• 10Y*: —

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

NTSI vs. PPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NTSI WisdomTree International Efficient Core Fund	6.38%	30.37%	1.11%	15.42%	-19.27%	-0.10%
PPI Astoria Real Assets ETF	15.09%	30.05%	6.43%	11.33%	4.04%	0.03%

Correlation

The correlation between NTSI and PPI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 30, 2021	0.68

The correlation between NTSI and PPI has been stable across timeframes, ranging from 0.64 to 0.68 - a consistent structural relationship.

Return for Risk

NTSI vs. PPI — Risk / Return Rank

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

NTSI

NTSI Risk / Return Rank: 37
NTSI Sharpe Ratio Rank: 39
NTSI Sortino Ratio Rank: 37
NTSI Omega Ratio Rank: 37
NTSI Calmar Ratio Rank: 35
NTSI Martin Ratio Rank: 39

PPI

PPI Risk / Return Rank: 73
PPI Sharpe Ratio Rank: 72
PPI Sortino Ratio Rank: 66
PPI Omega Ratio Rank: 68
PPI Calmar Ratio Rank: 85
PPI Martin Ratio Rank: 75

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.

NTSI vs. PPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Efficient Core Fund (NTSI) and Astoria Real Assets ETF (PPI). 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.

	NTSI	PPI	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.17	-0.85
Sortino ratio: Return per unit of downside risk	1.86	2.84	-0.98
Omega ratio: Gain probability vs. loss probability	1.23	1.38	-0.14
Calmar ratio: Return relative to maximum drawdown	1.65	4.41	-2.76
Martin ratio: Return relative to average drawdown	5.95	13.26	-7.31

NTSI vs. PPI - Sharpe Ratio Comparison

The current NTSI Sharpe Ratio is 1.31, which is lower than the PPI Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of NTSI and PPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NTSI vs. PPI - Drawdown Comparison

The maximum NTSI drawdown since its inception was -34.01%, which is greater than PPI's maximum drawdown of -24.54%. Use the drawdown chart below to compare losses from any high point for NTSI and PPI.

Drawdown Indicators

	NTSI	PPI	Difference
Max Drawdown Largest peak-to-trough decline	-34.01%	-24.54%	-9.47%
Max Drawdown (1Y) Largest decline over 1 year	-12.33%	-7.98%	-4.35%
Max Drawdown (3Y) Largest decline over 3 years	-13.69%	-20.70%	+7.01%
Max Drawdown (5Y) Largest decline over 5 years	-34.01%	—	—
Current Drawdown Current decline from peak	-3.10%	-4.45%	+1.35%
Average Drawdown Average peak-to-trough decline	-9.11%	-6.47%	-2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	2.65%	+0.77%

Volatility

NTSI vs. PPI - Volatility Comparison

WisdomTree International Efficient Core Fund (NTSI) and Astoria Real Assets ETF (PPI) have volatilities of 5.19% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTSI	PPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	5.01%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	13.28%	13.01%	+0.27%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	16.25%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	19.04%	-3.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	19.04%	-3.35%

NTSI vs. PPI - Expense Ratio Comparison

NTSI has a 0.26% expense ratio, which is lower than PPI's 0.58% expense ratio.

Dividends

NTSI vs. PPI - Dividend Comparison

NTSI's dividend yield for the trailing twelve months is around 3.53%, more than PPI's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021
NTSI WisdomTree International Efficient Core Fund	3.53%	3.65%	2.92%	2.35%	2.66%	0.97%
PPI Astoria Real Assets ETF	1.02%	1.06%	0.60%	2.87%	2.40%	0.00%

Frequently Asked Questions

Can I hold both NTSI and PPI in my portfolio?

NTSI and PPI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NTSI or PPI?

NTSI has higher volatility (5.19%) compared to PPI (5.01%). In terms of maximum drawdown, NTSI dropped -34.01% vs PPI's -24.54%.

Which ETF is better, NTSI or PPI?

On 3-year performance, PPI leads with 21.33% vs 14.18% for NTSI. On fees, NTSI is cheaper at 0.26% per year. On volatility, PPI has been the lower-risk option at 5.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NTSI or PPI?

Over the 3-year period, PPI has performed better with a 21.33% return vs 14.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NTSI or PPI?

NTSI is cheaper with a 0.26% expense ratio, compared with 0.58% for PPI.

Which ETF pays a higher dividend yield, NTSI or PPI?

NTSI has the higher dividend yield at 3.53%, compared with 1.02% for PPI.

What is the main difference between NTSI and PPI?

They also come from different issuers: WisdomTree and AXS. Their fees differ too: 0.26% for NTSI and 0.58% for PPI.

Which has better risk-adjusted returns?

PPI currently has the higher Sharpe Ratio (2.17 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.