NTSX vs. FFNOX
Compare and contrast key facts about WisdomTree U.S. Efficient Core Fund (NTSX) and Fidelity Multi-Asset Index Fund (FFNOX).
NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018. FFNOX is managed by Fidelity. It was launched on Jun 29, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NTSX or FFNOX.
Performance
NTSX vs. FFNOX - Performance Comparison
Returns By Period
In the year-to-date period, NTSX achieves a 23.41% return, which is significantly higher than FFNOX's 13.81% return.
NTSX
23.41%
3.24%
13.44%
30.95%
11.82%
N/A
FFNOX
13.81%
1.64%
7.86%
19.02%
7.15%
7.53%
Key characteristics
| NTSX | FFNOX | |
|---|---|---|
| Sharpe Ratio | 2.48 | 1.79 |
| Sortino Ratio | 3.37 | 2.43 |
| Omega Ratio | 1.43 | 1.33 |
| Calmar Ratio | 2.09 | 1.40 |
| Martin Ratio | 16.12 | 9.56 |
| Ulcer Index | 1.92% | 1.99% |
| Daily Std Dev | 12.47% | 10.64% |
| Max Drawdown | -31.34% | -48.68% |
| Current Drawdown | 0.00% | -0.42% |
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NTSX vs. FFNOX - Expense Ratio Comparison
NTSX has a 0.20% expense ratio, which is higher than FFNOX's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between NTSX and FFNOX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NTSX vs. FFNOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Efficient Core Fund (NTSX) and Fidelity Multi-Asset Index Fund (FFNOX). 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.
Dividends
NTSX vs. FFNOX - Dividend Comparison
NTSX's dividend yield for the trailing twelve months is around 1.04%, less than FFNOX's 1.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NTSX WisdomTree U.S. Efficient Core Fund | 1.04% | 1.21% | 1.36% | 0.82% | 0.92% | 1.53% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFNOX Fidelity Multi-Asset Index Fund | 1.84% | 3.83% | 2.04% | 1.87% | 1.59% | 2.25% | 2.25% | 1.86% | 2.09% | 2.50% | 4.56% | 3.75% |
Drawdowns
NTSX vs. FFNOX - Drawdown Comparison
The maximum NTSX drawdown since its inception was -31.34%, smaller than the maximum FFNOX drawdown of -48.68%. Use the drawdown chart below to compare losses from any high point for NTSX and FFNOX. For additional features, visit the drawdowns tool.
Volatility
NTSX vs. FFNOX - Volatility Comparison
WisdomTree U.S. Efficient Core Fund (NTSX) has a higher volatility of 3.78% compared to Fidelity Multi-Asset Index Fund (FFNOX) at 2.81%. This indicates that NTSX's price experiences larger fluctuations and is considered to be riskier than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.