SOFA vs. NTSD

Last updated Jun 5, 2026

SOFA (Direxion Daily SOFI Bull 2X ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. SOFA is passively managed, while NTSD is actively managed. A 0.59 correlation means they provide meaningful diversification when combined. SOFA charges 0.97%/yr vs 0.35%/yr for NTSD.

Performance

SOFA vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily SOFI Bull 2X ETF (SOFA) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOFA

• 1D: 5.24%
• 1M: 10.37%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: 1.08%
• 1M: 6.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOFA vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
SOFA Direxion Daily SOFI Bull 2X ETF	-9.80%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.18%

Correlation

The correlation between SOFA and NTSD is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.59

Return for Risk

SOFA vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily SOFI Bull 2X ETF (SOFA) 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.

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

Sharpe Ratios by Period

	SOFA	NTSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	5.46	-6.21

Drawdowns

SOFA vs. NTSD - Drawdown Comparison

The maximum SOFA drawdown since its inception was -51.39%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for SOFA and NTSD.

Drawdown Indicators

	SOFA	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-51.39%	-5.20%	-46.19%
Current Drawdown Current decline from peak	-39.84%	-0.04%	-39.80%
Average Drawdown Average peak-to-trough decline	-32.77%	-0.83%	-31.94%

Volatility

Volatility by Period

	SOFA	NTSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	107.88%	24.10%	+83.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.88%	24.10%	+83.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.88%	24.10%	+83.78%

SOFA vs. NTSD - Expense Ratio Comparison

SOFA has a 0.97% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

SOFA vs. NTSD - Dividend Comparison

SOFA's dividend yield for the trailing twelve months is around 0.37%, while NTSD has not paid dividends to shareholders.

Position	TTM
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%
SOFA Direxion Daily SOFI Bull 2X ETF	0.37%

Frequently Asked Questions

Can I hold both SOFA and NTSD in my portfolio?

SOFA and NTSD have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOFA 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, SOFA or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.97% for SOFA.

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

SOFA has the higher dividend yield at 0.37%, compared with 0.00% for NTSD.

What is the main difference between SOFA and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 0.97% for SOFA and 0.35% for NTSD.