QSML vs. NTSX

Last updated Apr 2, 2026

Compare and contrast key facts about Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and WisdomTree U.S. Efficient Core Fund (NTSX).

QSML and NTSX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QSML is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree US SmallCap Quality Growth Index - Benchmark TR Gross. It was launched on Jan 23, 2024. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018.

Performance

QSML vs. NTSX - Performance Comparison

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

QSML vs. NTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QSML Wisdomtree U.S. Smallcap Quality Growth Fund	-2.60%	5.49%	10.38%
NTSX WisdomTree U.S. Efficient Core Fund	-4.22%	18.82%	18.10%

Returns By Period

In the year-to-date period, QSML achieves a -2.60% return, which is significantly higher than NTSX's -4.22% return.

QSML

• 1D: 0.50%
• 1M: -5.04%
• YTD: -2.60%
• 6M: -0.64%
• 1Y: 14.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSX

• 1D: 0.38%
• 1M: -5.07%
• YTD: -4.22%
• 6M: -2.82%
• 1Y: 16.25%
• 3Y*: 15.70%
• 5Y*: 8.07%
• 10Y*: —

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

QSML vs. NTSX - Expense Ratio Comparison

QSML has a 0.38% expense ratio, which is higher than NTSX's 0.20% expense ratio.

QSML

Wisdomtree U.S. Smallcap Quality Growth Fund

NTSX

WisdomTree U.S. Efficient Core Fund

Return for Risk

QSML vs. NTSX — Risk / Return Rank

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

QSML

QSML Risk / Return Rank: 36
QSML Sharpe Ratio Rank: 33
QSML Sortino Ratio Rank: 37
QSML Omega Ratio Rank: 33
QSML Calmar Ratio Rank: 39
QSML Martin Ratio Rank: 40

NTSX

NTSX Risk / Return Rank: 53
NTSX Sharpe Ratio Rank: 46
NTSX Sortino Ratio Rank: 45
NTSX Omega Ratio Rank: 51
NTSX Calmar Ratio Rank: 58
NTSX Martin Ratio Rank: 63

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.

QSML vs. NTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.

	QSML	NTSX	Difference
Sharpe ratio Return per unit of total volatility	0.66	0.89	-0.23
Sortino ratio Return per unit of downside risk	1.12	1.30	-0.18
Omega ratio Gain probability vs. loss probability	1.14	1.20	-0.06
Calmar ratio Return relative to maximum drawdown	1.10	1.52	-0.43
Martin ratio Return relative to average drawdown	4.04	6.52	-2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QSML vs. NTSX - Sharpe Ratio Comparison

The current QSML Sharpe Ratio is 0.66, which is comparable to the NTSX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of QSML and NTSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QSML	NTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	0.89	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.62	-0.34

Correlation

The correlation between QSML and NTSX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QSML vs. NTSX - Dividend Comparison

QSML's dividend yield for the trailing twelve months is around 0.64%, less than NTSX's 1.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QSML Wisdomtree U.S. Smallcap Quality Growth Fund	0.64%	0.62%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NTSX WisdomTree U.S. Efficient Core Fund	1.22%	1.14%	1.14%	1.21%	1.36%	0.82%	0.92%	1.42%	0.62%

Drawdowns

QSML vs. NTSX - Drawdown Comparison

The maximum QSML drawdown since its inception was -28.54%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for QSML and NTSX.

Drawdown Indicators

	QSML	NTSX	Difference
Max Drawdown Largest peak-to-trough decline	-28.54%	-31.34%	+2.80%
Max Drawdown (1Y) Largest decline over 1 year	-14.44%	-11.13%	-3.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.34%	—
Current Drawdown Current decline from peak	-7.80%	-6.04%	-1.76%
Average Drawdown Average peak-to-trough decline	-6.31%	-6.92%	+0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	2.60%	+1.32%

Volatility

QSML vs. NTSX - Volatility Comparison

Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and WisdomTree U.S. Efficient Core Fund (NTSX) have volatilities of 6.20% and 6.11%, 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

	QSML	NTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.20%	6.11%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	12.95%	9.65%	+3.30%
Volatility (1Y) Calculated over the trailing 1-year period	22.86%	18.38%	+4.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.25%	17.04%	+4.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	18.38%	+2.87%