QQUP vs. NTSD

Last updated Jun 24, 2026

QQUP (ProShares Ultra Top QQQ) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. QQUP is passively managed, while NTSD is actively managed. Their correlation of 0.85 suggests significant overlap in exposure. QQUP charges 0.95%/yr vs 0.35%/yr for NTSD.

Performance

QQUP vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Top QQQ (QQUP) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQUP

• 1D: -3.22%
• 1M: -16.85%
• YTD: -3.91%
• 6M: -6.57%
• 1Y: 38.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: -2.11%
• 1M: -0.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQUP vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
QQUP ProShares Ultra Top QQQ	17.11%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	15.69%

Correlation

The correlation between QQUP and NTSD is 0.85, 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 Mar 19, 2026	0.85

Return for Risk

QQUP vs. NTSD — Risk / Return Rank

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

QQUP

QQUP Risk / Return Rank: 26
QQUP Sharpe Ratio Rank: 28
QQUP Sortino Ratio Rank: 28
QQUP Omega Ratio Rank: 27
QQUP Calmar Ratio Rank: 23
QQUP Martin Ratio Rank: 23

NTSD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

QQUP vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Top QQQ (QQUP) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). 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.

	QQUP	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	0.97	—	—
Sortino ratio: Return per unit of downside risk	1.46	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.03	—	—
Martin ratio: Return relative to average drawdown	2.87	—	—

Drawdowns

QQUP vs. NTSD - Drawdown Comparison

The maximum QQUP drawdown since its inception was -37.67%, which is greater than NTSD's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for QQUP and NTSD.

Drawdown Indicators

	QQUP	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-37.67%	-5.58%	-32.09%
Max Drawdown (1Y) Largest decline over 1 year	-37.67%	—	—
Current Drawdown Current decline from peak	-21.46%	-2.97%	-18.49%
Average Drawdown Average peak-to-trough decline	-9.48%	-1.09%	-8.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.45%	—	—

Volatility

Volatility by Period

	QQUP	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	40.03%	25.11%	+14.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.79%	25.11%	+14.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.79%	25.11%	+14.68%

QQUP vs. NTSD - Expense Ratio Comparison

QQUP has a 0.95% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

QQUP vs. NTSD - Dividend Comparison

QQUP's dividend yield for the trailing twelve months is around 0.50%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%
QQUP ProShares Ultra Top QQQ	0.50%	0.29%

Frequently Asked Questions

Can I hold both QQUP and NTSD in my portfolio?

QQUP and NTSD have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQUP or NTSD?

On fees, NTSD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQUP or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.95% for QQUP.

Which ETF pays a higher dividend yield, QQUP or NTSD?

QQUP has the higher dividend yield at 0.50%, compared with 0.00% for NTSD.

What is the main difference between QQUP and NTSD?

They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for QQUP and 0.35% for NTSD.