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NTSX — WisdomTree U.S. Efficient Core Fund

NTSX is WisdomTree’s 90/60 U.S. core design: broad U.S. equities plus a Treasury futures sleeve in one capital-efficient ETF.

Equity Efficiency:ACapital 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. NTSX targets roughly 90% U.S. 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:BStacked Efficiency blends Capital- and Alpha-bucket grades using the configured sleeve weights (60% capital / 40% alpha).

NTSX price history

Range
+23.34%
Total return (1Y)
NTSX

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

Strategy

The fund typically allocates about 90% to equities and uses Treasury futures to add duration without fully funding a second cash bond allocation. That can maintain high equity participation while introducing a bond sleeve.

Implementation relies on futures collateral and roll execution, so results versus a separately funded stock/bond portfolio can diverge through time even when headline exposures look similar.

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 U.S. equities rise while Treasury duration is neutral-to-helpful, or when growth shocks lift bonds enough to partially cushion equity volatility.

Underperforms when equities and duration lose together in inflationary repricing environments where both sleeves face drawdown pressure.

Similar ETFs

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

Official ETF page

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

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