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NTSE — WisdomTree Emerging Markets Efficient Core Fund

NTSE applies the efficient-core model to emerging-markets equities, pairing EM beta with a Treasury futures sleeve in one fund.

Equity Efficiency:DCapital Efficiency grades how well this ETF delivers equity-side returns relative to the capital and beta it uses, with SPY as the B baseline. Leveraged ETFs score higher when they free up capital for an alpha sleeve. Long/short and factor ETFs are graded on excess return versus SPY, net of costs. NTSE targets roughly 90% emerging-markets equity exposure as the capital sleeve. The grade scores that equity component versus SPY under the site framework.Alpha Efficiency:DAlpha Efficiency grades the non-equity sleeve of this stacked ETF on return above its borrowing cost: that's the true hurdle for a futures overlay. A sleeve that only matches its financing cost adds no value; grades above B mean the overlay is genuinely earning its keep. The second sleeve is Treasury futures notional (~60% target) layered through derivatives. The alpha grade scores return above hurdle for that non-equity sleeve.Stacked Efficiency:DStacked Efficiency blends Capital- and Alpha-bucket grades using the configured sleeve weights (60% capital / 40% alpha).

NTSE price history

Range
+54.16%
Total return (1Y)
NTSE

Total return (Yahoo adjusted close—dividends and splits per Yahoo), normalized to $10,000 at first available trade date. Educational only.

Strategy

The strategy keeps an EM equity core and overlays Treasury duration via futures, aiming to preserve growth participation while adding a rates-sensitive diversifier.

EM equity path, USD environment changes, and Treasury term-structure moves can all drive outcomes; this is best viewed as a packaged two-sleeve allocation rather than a single-factor equity ETF.

Manager and Issuer Pedigree

WisdomTree built its brand on fundamentally weighted and capital-efficient ETFs well before many copycat implementations. The same derivatives-and-collateral framework underpins its Efficient Core and related stacked sleeves.

WisdomTree has reported roughly $143B+ in global ETP and tokenized AUM (late-2025 disclosures), giving institutional futures and collateral infrastructure while still operating as a specialist versus the largest index houses.

Outperformance

Outperforms when emerging markets advance in a stable-to-falling real-rate backdrop, where both EM risk appetite and duration support can contribute.

Underperforms when EM risk assets de-rate during rising U.S. real yields, which can pressure both sleeves simultaneously.

Similar ETFs

TickerNameScoreMERAUM
NTSEWisdomTree Emerging Markets Efficient Core FundD0.32%~$47M
NTSIWisdomTree International Efficient Core FundC0.26%~$430M
NTSXWisdomTree U.S. Efficient Core FundB0.20%~$1.3B
RSSBReturn Stacked® Global Stocks & Bonds ETFB+0.41%~$500M

Official ETF page

Read the official ETF page for current NAV, holdings, and documents: WisdomTree (NTSE).

Beta and MER may not be accurate.
Educational content only; not investment advice. Past performance does not guarantee future results.