XXXX vs. NTSD

Last updated Jun 4, 2026

XXXX (MAX S&P 500 4X Leveraged ETN) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. XXXX is passively managed, while NTSD is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. XXXX charges 2.95%/yr vs 0.35%/yr for NTSD.

Performance

XXXX vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAX S&P 500 4X Leveraged ETN (XXXX) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XXXX

• 1D: -2.88%
• 1M: 18.44%
• YTD: 29.32%
• 6M: 26.06%
• 1Y: 86.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: -1.11%
• 1M: 7.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXXX vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
XXXX MAX S&P 500 4X Leveraged ETN	59.30%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between XXXX 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

XXXX vs. NTSD — Risk / Return Rank

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

XXXX

XXXX Risk / Return Rank: 49
XXXX Sharpe Ratio Rank: 53
XXXX Sortino Ratio Rank: 45
XXXX Omega Ratio Rank: 47
XXXX Calmar Ratio Rank: 46
XXXX Martin Ratio Rank: 52

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.

XXXX vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MAX S&P 500 4X Leveraged ETN (XXXX) 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.

	XXXX	NTSD	Difference
Sharpe ratio: Return per unit of total volatility	1.86	—	—
Sortino ratio: Return per unit of downside risk	2.31	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.34	—	—
Martin ratio: Return relative to average drawdown	8.95	—	—
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

	XXXX	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	5.08	-4.21

Drawdowns

XXXX vs. NTSD - Drawdown Comparison

The maximum XXXX drawdown since its inception was -62.27%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for XXXX and NTSD.

Drawdown Indicators

	XXXX	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-62.27%	-5.20%	-57.07%
Max Drawdown (1Y) Largest decline over 1 year	-37.25%	—	—
Current Drawdown Current decline from peak	-2.88%	-1.11%	-1.77%
Average Drawdown Average peak-to-trough decline	-11.60%	-0.84%	-10.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.73%	—	—

Volatility

Volatility by Period

	XXXX	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.83%	24.28%	+22.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.75%	24.28%	+36.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.75%	24.28%	+36.47%

XXXX vs. NTSD - Expense Ratio Comparison

XXXX has a 2.95% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

XXXX vs. NTSD - Dividend Comparison

Neither XXXX nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XXXX and NTSD in my portfolio?

With a correlation of 0.94, XXXX 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, XXXX 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, XXXX or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 2.95% for XXXX.

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

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

What is the main difference between XXXX and NTSD?

They also come from different issuers: Max and WisdomTree. Their fees differ too: 2.95% for XXXX and 0.35% for NTSD.