NTSX vs. BTC-USD

Last updated Jun 9, 2026

NTSX (WisdomTree U.S. Efficient Core Fund) is Diversified Portfolio fund actively managed by WisdomTree, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, NTSX returned 9.26%/yr vs 10.82%/yr for BTC-USD. At a 0.24 correlation, their price movements are largely independent.

Performance

NTSX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Efficient Core Fund (NTSX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NTSX achieves a 6.77% return, which is significantly higher than BTC-USD's -28.54% return.

NTSX

• 1D: 0.40%
• 1M: -0.09%
• YTD: 6.77%
• 6M: 6.86%
• 1Y: 22.68%
• 3Y*: 18.71%
• 5Y*: 9.26%
• 10Y*: —

BTC-USD

• 1D: -1.22%
• 1M: -22.47%
• YTD: -28.54%
• 6M: -31.02%
• 1Y: -40.89%
• 3Y*: 33.16%
• 5Y*: 10.82%
• 10Y*: 59.68%

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

NTSX vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NTSX WisdomTree U.S. Efficient Core Fund	6.77%	18.82%	20.20%	22.70%	-25.84%	22.21%	24.87%	32.03%	-8.72%
BTC-USD Bitcoin	-28.54%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-51.00%

Correlation

The correlation between NTSX and BTC-USD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Aug 3, 2018	0.24

The correlation between NTSX and BTC-USD shifts across timeframes, from 0.24 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

NTSX vs. BTC-USD — Risk / Return Rank

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

NTSX

NTSX Risk / Return Rank: 59
NTSX Sharpe Ratio Rank: 59
NTSX Sortino Ratio Rank: 56
NTSX Omega Ratio Rank: 59
NTSX Calmar Ratio Rank: 55
NTSX Martin Ratio Rank: 65

BTC-USD

BTC-USD Risk / Return Rank: 28
BTC-USD Sharpe Ratio Rank: 12
BTC-USD Sortino Ratio Rank: 33
BTC-USD Omega Ratio Rank: 33
BTC-USD Calmar Ratio Rank: 46
BTC-USD Martin Ratio Rank: 16

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.

NTSX vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Efficient Core Fund (NTSX) and Bitcoin (BTC-USD). 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.

	NTSX	BTC-USD	Difference
Sharpe ratio: Return per unit of total volatility	1.80	-0.95	+2.76
Sortino ratio: Return per unit of downside risk	2.43	-1.35	+3.78
Omega ratio: Gain probability vs. loss probability	1.33	0.86	+0.47
Calmar ratio: Return relative to maximum drawdown	2.49	-0.80	+3.28
Martin ratio: Return relative to average drawdown	10.91	-1.42	+12.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NTSX vs. BTC-USD - Sharpe Ratio Comparison

The current NTSX Sharpe Ratio is 1.80, which is higher than the BTC-USD Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of NTSX and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NTSX	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	-0.95	+2.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.20	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.13	-0.43

Drawdowns

NTSX vs. BTC-USD - Drawdown Comparison

The maximum NTSX drawdown since its inception was -31.34%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for NTSX and BTC-USD.

Drawdown Indicators

	NTSX	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-85.30%	+53.96%
Max Drawdown (1Y) Largest decline over 1 year	-9.16%	-51.21%	+42.05%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	-51.21%	+34.39%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-76.67%	+45.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-2.73%	-49.86%	+47.13%
Average Drawdown Average peak-to-trough decline	-6.79%	-42.32%	+35.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	34.46%	-32.38%

Volatility

NTSX vs. BTC-USD - Volatility Comparison

The current volatility for WisdomTree U.S. Efficient Core Fund (NTSX) is 4.33%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that NTSX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTSX	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	11.59%	-7.26%
Volatility (6M) Calculated over the trailing 6-month period	10.04%	34.53%	-24.49%
Volatility (1Y) Calculated over the trailing 1-year period	12.65%	35.67%	-23.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	44.95%	-27.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	56.71%	-38.42%

Frequently Asked Questions

Can I hold both NTSX and BTC-USD in my portfolio?

NTSX and BTC-USD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NTSX or BTC-USD?

BTC-USD has higher volatility (11.59%) compared to NTSX (4.33%). In terms of maximum drawdown, NTSX dropped -31.34% vs BTC-USD's -85.30%.

Which has better risk-adjusted returns?

NTSX currently has the higher Sharpe Ratio (1.80 vs -0.95), 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.