SPUU vs. NTSD

Last updated Jun 3, 2026

SPUU (Direxion Daily S&P 500 Bull 2x Shares) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. SPUU is passively managed, while NTSD is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. SPUU charges 0.64%/yr vs 0.35%/yr for NTSD.

Performance

SPUU vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily S&P 500 Bull 2x Shares (SPUU) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPUU

• 1D: 0.09%
• 1M: 10.49%
• YTD: 21.37%
• 6M: 21.39%
• 1Y: 57.39%
• 3Y*: 38.80%
• 5Y*: 20.89%
• 10Y*: 24.93%

NTSD

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

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

SPUU vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
SPUU Direxion Daily S&P 500 Bull 2x Shares	31.24%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between SPUU and NTSD is 0.94, 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 20, 2026	0.94

Return for Risk

SPUU vs. NTSD — Risk / Return Rank

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

SPUU

SPUU Risk / Return Rank: 68
SPUU Sharpe Ratio Rank: 73
SPUU Sortino Ratio Rank: 65
SPUU Omega Ratio Rank: 66
SPUU Calmar Ratio Rank: 65
SPUU Martin Ratio Rank: 74

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.

SPUU vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P 500 Bull 2x Shares (SPUU) 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.

	SPUU	NTSD	Difference
Sharpe ratio Return per unit of total volatility	2.42	—	—
Sortino ratio Return per unit of downside risk	3.03	—	—
Omega ratio Gain probability vs. loss probability	1.40	—	—
Calmar ratio Return relative to maximum drawdown	3.25	—	—
Martin ratio Return relative to average drawdown	14.34	—	—
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

	SPUU	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	5.75	-5.12

Drawdowns

SPUU vs. NTSD - Drawdown Comparison

The maximum SPUU drawdown since its inception was -59.35%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for SPUU and NTSD.

Drawdown Indicators

	SPUU	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-59.35%	-5.20%	-54.15%
Max Drawdown (1Y) Largest decline over 1 year	-18.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-35.18%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-46.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.35%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.51%	-0.84%	-8.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	—	—

Volatility

Volatility by Period

	SPUU	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.87%	24.31%	-0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.46%	24.31%	+9.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.77%	24.31%	+11.46%

SPUU vs. NTSD - Expense Ratio Comparison

SPUU has a 0.64% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

SPUU vs. NTSD - Dividend Comparison

SPUU's dividend yield for the trailing twelve months is around 1.32%, while NTSD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
SPUU Direxion Daily S&P 500 Bull 2x Shares	1.32%	1.63%	0.55%	0.83%	0.88%	3.04%	8.03%	1.80%	5.50%	6.96%	8.08%	4.42%

Frequently Asked Questions

Can I hold both SPUU and NTSD in my portfolio?

With a correlation of 0.94, SPUU and NTSD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SPUU 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, SPUU or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.64% for SPUU.

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

SPUU has the higher dividend yield at 1.32%, compared with 0.00% for NTSD.

What is the main difference between SPUU and NTSD?

They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 0.64% for SPUU and 0.35% for NTSD.