SOXS vs. NTSD

Last updated Jun 3, 2026

SOXS (Direxion Daily Semiconductor Bear 3x Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. SOXS is passively managed, while NTSD is actively managed. At a correlation of -0.74, they often move in opposite directions. SOXS charges 1.08%/yr vs 0.35%/yr for NTSD.

Performance

SOXS vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Semiconductor Bear 3x Shares (SOXS) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOXS

• 1D: -17.41%
• 1M: -60.17%
• YTD: -91.68%
• 6M: -91.80%
• 1Y: -97.83%
• 3Y*: -86.41%
• 5Y*: -79.75%
• 10Y*: -78.81%

NTSD

• 1D: 0.35%
• 1M: 6.98%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXS vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
SOXS Direxion Daily Semiconductor Bear 3x Shares	-86.33%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between SOXS and NTSD is -0.74, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	-0.74

Return for Risk

SOXS vs. NTSD — Risk / Return Rank

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

SOXS

SOXS Risk / Return Rank: 1
SOXS Sharpe Ratio Rank: 1
SOXS Sortino Ratio Rank: 0
SOXS Omega Ratio Rank: 0
SOXS Calmar Ratio Rank: 0
SOXS Martin Ratio Rank: 1

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.

SOXS vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bear 3x Shares (SOXS) 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.

	SOXS	NTSD	Difference
Sharpe ratio Return per unit of total volatility	-0.96	—	—
Sortino ratio Return per unit of downside risk	-3.97	—	—
Omega ratio Gain probability vs. loss probability	0.58	—	—
Calmar ratio Return relative to maximum drawdown	-1.00	—	—
Martin ratio Return relative to average drawdown	-1.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SOXS	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.79	5.75	-6.54

Drawdowns

SOXS vs. NTSD - Drawdown Comparison

The maximum SOXS drawdown since its inception was -100.00%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for SOXS and NTSD.

Drawdown Indicators

	SOXS	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-5.20%	-94.80%
Max Drawdown (1Y) Largest decline over 1 year	-97.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-99.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.97%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	—	—
Current Drawdown Current decline from peak	-100.00%	0.00%	-100.00%
Average Drawdown Average peak-to-trough decline	-92.60%	-0.84%	-91.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.48%	—	—

Volatility

Volatility by Period

	SOXS	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	44.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	83.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	102.16%	24.31%	+77.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	108.22%	24.31%	+83.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.49%	24.31%	+76.18%

SOXS vs. NTSD - Expense Ratio Comparison

SOXS has a 1.08% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

SOXS vs. NTSD - Dividend Comparison

SOXS's dividend yield for the trailing twelve months is around 64.90%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXS Direxion Daily Semiconductor Bear 3x Shares	64.90%	10.79%	5.45%	9.22%	0.19%	0.00%	3.58%	2.30%	0.76%

Frequently Asked Questions

Can I hold both SOXS and NTSD in my portfolio?

SOXS and NTSD have a correlation of -0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOXS 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, SOXS or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.08% for SOXS.

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

SOXS has the higher dividend yield at 64.90%, compared with 0.00% for NTSD.

What is the main difference between SOXS and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 1.08% for SOXS and 0.35% for NTSD.