NTSX vs. TR

Last updated Jun 4, 2026

NTSX (WisdomTree U.S. Efficient Core Fund) is Diversified Portfolio fund actively managed by WisdomTree, while TR (Tootsie Roll Industries, Inc.) is a stock. Over the past 5 years, NTSX returned 9.69%/yr vs 6.70%/yr for TR. At a 0.21 correlation, their price movements are largely independent.

Performance

NTSX vs. TR - Performance Comparison

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

Returns By Period

In the year-to-date period, NTSX achieves a 8.62% return, which is significantly higher than TR's 6.12% return.

NTSX

• 1D: -1.05%
• 1M: 4.37%
• YTD: 8.62%
• 6M: 7.83%
• 1Y: 25.27%
• 3Y*: 19.38%
• 5Y*: 9.69%
• 10Y*: —

TR

• 1D: 0.64%
• 1M: -9.93%
• YTD: 6.12%
• 6M: 3.74%
• 1Y: 10.19%
• 3Y*: 3.39%
• 5Y*: 6.70%
• 10Y*: 3.28%

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

NTSX vs. TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NTSX WisdomTree U.S. Efficient Core Fund	8.62%	18.82%	20.20%	22.70%	-25.84%	22.21%	24.87%	32.03%	-8.72%
TR Tootsie Roll Industries, Inc.	6.12%	17.87%	1.36%	-18.76%	22.25%	27.01%	-12.02%	3.23%	14.07%

Correlation

The correlation between NTSX and TR is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Aug 3, 2018	0.21

The correlation between NTSX and TR shifts across timeframes, from 0.07 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NTSX vs. TR — Risk / Return Rank

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

NTSX

NTSX Risk / Return Rank: 60
NTSX Sharpe Ratio Rank: 60
NTSX Sortino Ratio Rank: 58
NTSX Omega Ratio Rank: 59
NTSX Calmar Ratio Rank: 55
NTSX Martin Ratio Rank: 66

TR

TR Risk / Return Rank: 50
TR Sharpe Ratio Rank: 54
TR Sortino Ratio Rank: 46
TR Omega Ratio Rank: 46
TR Calmar Ratio Rank: 52
TR Martin Ratio Rank: 53

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. TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Efficient Core Fund (NTSX) and Tootsie Roll Industries, Inc. (TR). 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	TR	Difference
Sharpe ratio: Return per unit of total volatility	2.06	0.39	+1.67
Sortino ratio: Return per unit of downside risk	2.81	0.68	+2.12
Omega ratio: Gain probability vs. loss probability	1.37	1.09	+0.28
Calmar ratio: Return relative to maximum drawdown	2.77	0.51	+2.26
Martin ratio: Return relative to average drawdown	12.25	1.18	+11.07
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. TR - Sharpe Ratio Comparison

The current NTSX Sharpe Ratio is 2.06, which is higher than the TR Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of NTSX and TR, 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	TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	0.39	+1.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.27	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.31	+0.41

Drawdowns

NTSX vs. TR - Drawdown Comparison

The maximum NTSX drawdown since its inception was -31.34%, smaller than the maximum TR drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for NTSX and TR.

Drawdown Indicators

	NTSX	TR	Difference
Max Drawdown Largest peak-to-trough decline	-31.34%	-44.74%	+13.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.16%	-20.03%	+10.87%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	-25.32%	+8.50%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-36.41%	+5.07%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.41%	—
Current Drawdown Current decline from peak	-1.05%	-15.96%	+14.91%
Average Drawdown Average peak-to-trough decline	-6.79%	-16.76%	+9.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	8.65%	-6.58%

Volatility

NTSX vs. TR - Volatility Comparison

The current volatility for WisdomTree U.S. Efficient Core Fund (NTSX) is 3.39%, while Tootsie Roll Industries, Inc. (TR) has a volatility of 9.28%. This indicates that NTSX experiences smaller price fluctuations and is considered to be less risky than TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTSX	TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	9.28%	-5.89%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	16.34%	-6.76%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	26.33%	-14.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.04%	24.97%	-7.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	25.28%	-7.01%

Dividends

NTSX vs. TR - Dividend Comparison

NTSX's dividend yield for the trailing twelve months is around 1.08%, more than TR's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NTSX WisdomTree U.S. Efficient Core Fund	1.08%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%	0.00%	0.00%	0.00%
TR Tootsie Roll Industries, Inc.	0.94%	0.98%	1.11%	1.08%	0.85%	0.99%	1.21%	1.05%	1.08%	0.99%	0.91%	1.11%

Frequently Asked Questions

Can I hold both NTSX and TR in my portfolio?

NTSX and TR have a correlation of 0.07, 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 TR?

TR has higher volatility (9.28%) compared to NTSX (3.39%). In terms of maximum drawdown, NTSX dropped -31.34% vs TR's -44.74%.

Which has better risk-adjusted returns?

NTSX currently has the higher Sharpe Ratio (2.06 vs 0.39), 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.