USAX vs. NTSD

Last updated Jun 5, 2026

USAX (Tradr 2X Long USAR Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. USAX is passively managed, while NTSD is actively managed. A 0.60 correlation means they provide meaningful diversification when combined. USAX charges 1.49%/yr vs 0.35%/yr for NTSD.

Performance

USAX vs. NTSD - Performance Comparison

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

Returns By Period

USAX

• 1D: -5.13%
• 1M: -10.62%
• 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)

USAX vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
USAX Tradr 2X Long USAR Daily ETF	78.99%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.18%

Correlation

The correlation between USAX and NTSD is 0.60, 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	0.60

Return for Risk

USAX vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long USAR Daily ETF (USAX) 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

	USAX	NTSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	5.46	-4.55

Drawdowns

USAX vs. NTSD - Drawdown Comparison

The maximum USAX drawdown since its inception was -77.92%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for USAX and NTSD.

Drawdown Indicators

	USAX	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-77.92%	-5.20%	-72.72%
Current Drawdown Current decline from peak	-35.79%	-0.04%	-35.75%
Average Drawdown Average peak-to-trough decline	-45.74%	-0.83%	-44.91%

Volatility

Volatility by Period

	USAX	NTSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	222.68%	24.10%	+198.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	222.68%	24.10%	+198.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	222.68%	24.10%	+198.58%

USAX vs. NTSD - Expense Ratio Comparison

USAX has a 1.49% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

USAX vs. NTSD - Dividend Comparison

Neither USAX nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both USAX and NTSD in my portfolio?

USAX and NTSD have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USAX 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, USAX or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.49% for USAX.

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

USAX and NTSD have nearly identical dividend yields, around 0.00%.

What is the main difference between USAX and NTSD?

They also come from different issuers: Tradr and WisdomTree. Their fees differ too: 1.49% for USAX and 0.35% for NTSD.