ALLW vs NTSI: Grades, Fees and Holdings Compared

State Street Bridgewater All Weather ETF

ALLWBNasdaq

WisdomTree International Efficient Core Fund

NTSIBNYSE Arca

Overlap

0.0%by weight

Expense ratio

NTSI −0.57pt a year

ALLW0.85%NTSI0.28%

Avg volume · 30D

ALLW 30.3×the volume

ALLW572KNTSI18.9K

ALLW vs NTSI Performance

Oct 31, 2025 – Nov 2, 2026

+5.9%ALLW+10.4%NTSI

Expense ratio: ALLW 0.85%; NTSI 0.28%, better
Fund size: ALLW $1.84B; NTSI $488M
1Y total return: ALLW +5.9%; NTSI +10.4%, better
Yield (12M): ALLW No data; NTSI 3.11%
Holdings: ALLW 40; NTSI 458
Avg volume (30D): ALLW 572K sh, better; NTSI 18.9K sh
NAV per share: ALLW $29.17; NTSI $46.48
52W range

ETF.net Grade

Pillar letters and Scores for ALLW, NTSI, with each pillar’s weight
Pillar	ALLW	NTSI
Cost30% weight	D39	A83Higher
Mission25% weight	A77	Not scored
Risk15% weight	A72Higher	B57
Tradability15% weight	A92Higher	C42
Holdings10% weight	B66	A82Higher
Durability5% weight	A79Higher	A70

Rank among Capital-Efficient Allocation funds

How we build Categories ›

Same Category. ALLW and NTSI are both graded against the same 19 Capital-Efficient Allocation funds, so their Grades compare head to head.

Capital-Efficient Allocation⁠

Category · 19 funds

See all 19 ›

NTSI ranks 4th and ALLW 5th of 19 funds in the Capital-Efficient Allocation Category.

Rank 1ANTSXWisdomTree U.S. Efficient Core FundScore 78
Rank 2ACTAPSimplify US Equity PLUS Managed Futures Strategy ETFScore 71
Rank 3BGDEWisdomTree Efficient Gold Plus Equity Strategy FundScore 69
Rank 4BNTSIWisdomTree International Efficient Core FundScore 68
Rank 5BALLWState Street Bridgewater All Weather ETFScore 62
Rank 5BNTSDWisdomtree Efficient U.s. Plus International Equity FundScore 62

Our read on each fund

ETF.net Research

ALLWBState Street Bridgewater All Weather ETF

NTSIBWisdomTree International Efficient Core Fund

In short

ALLW Bridgewater's All Weather framework in a SPDR wrapper: global stocks, nominal and inflation-linked bonds, and commodities in one ticker, built around contractions and inflation spikes, not just bull markets.

NTSI Developed-market stocks and a U.S. Treasury futures sleeve sharing one seat. NTSI is WisdomTree's capital-efficient playbook pointed overseas: the stock exposure and the bond exposure don't have to compete for the same dollar.

Stated mandate

ALLW The ETF seeks resilience across varied market conditions, including economic contractions and elevated inflation, through diversified exposure to global equities, nominal and inflation-linked bonds, and commodities.

NTSI The Fund seeks total return through international equity securities and U.S. Treasury futures. WisdomTree presents it as a capital-efficient balanced strategy intended to provide international equity exposure with Treasury-futures diversification.

Why people hold it

ALLW One ticker spans global equities, nominal and inflation-linked bonds, and commodities, a roughly 40-position mix aimed at resilience in both economic contractions and high inflation.
A multi-billion-dollar, actively traded fund, and one of the easiest to get in and out of in the allocation group.
Institutional-style balancing, once the province of pensions and endowments, arrives here in a plain ETF from a major issuer.

NTSI Charges 0.26% a year, roughly a third of what the typical allocation fund in its group costs.
One wrapper, two jobs: developed international equities plus U.S. Treasury futures, so the bond side doesn't eat cash the stock side needs.
The equity base is broad, roughly 500 names across developed markets outside the U.S.
One of the stronger builds in a crowded allocation field, alongside WisdomTree siblings NTSX (U.S. version) and GDE (gold version).

Worth knowing

ALLW At 0.85%, it runs above the 0.78% typical for allocation funds and well above index-built peers like AOA (0.19%) and IRTR (0.08%). Active judgment is what the fee buys.
Launched in 2025, so the live record is short and the strategy has not yet been observed through a full market cycle in this wrapper.
Commodities and inflation-linked bonds are ballast, and ballast lags when stocks alone are running hot. That gap is the design working, not breaking.

NTSI Futures push total exposure above the cash invested. That cuts both ways: moves are amplified up and down.
Thinly traded, so spreads can add to the cost of getting in and out beyond the headline fee.
Actively run on quantitative models and launched in 2021, a shorter history than the plain-vanilla balanced funds it sits next to.

Full ALLW profile⁠

Full NTSI profile⁠

ALLW vs NTSI Holdings

How ALLW and NTSI differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of ALLW and 0.0% of NTSI.

Level by level

Holdings0 in both0.0%
Countryby domicile4.0%
Sector11 Sectors77.0%

Sector

Sector weights in ALLW and NTSI, widest gap first
Sector	More in ALLWMore in NTSI	ALLW	NTSI
Technology	ALLW +17.1 points	29.2%	12.1%
Financials	NTSI +10.6 points	16.1%	26.7%
Industrials	NTSI +7.7 points	8.9%	16.6%
Communication	ALLW +3.4 points	8.7%	5.3%
Consumer Discretionary	ALLW +2.1 points	9.7%	7.6%
Materials	NTSI +1.7 points	4.4%	6.1%
Consumer Staples	NTSI +1.3 points	5.6%	6.9%
Health Care	NTSI +1.2 points	8.7%	9.9%
Utilities	NTSI +0.5 points	2.4%	2.9%
Real Estate	ALLW +0.3 points	1.6%	1.3%
Energy	Same weight	4.7%	4.7%

Country, concentration and asset class

Country by domicile

Country weights in ALLW and NTSI, widest gap first
Country	More in ALLWMore in NTSI	ALLW	NTSI
United States	ALLW +85.4 points	87.9%	2.5%
Japan	NTSI +27.7 points	0.0%	27.7%
United Kingdom	NTSI +15.8 points	0.1%	15.9%
Switzerland	NTSI +9.2 points	0.1%	9.3%
Germany	NTSI +7.2 points	0.0%	7.2%
France	NTSI +7.0 points	0.0%	7.0%
China	ALLW +6.4 points	6.4%	0.0%
Netherlands	NTSI +6.2 points	0.0%	6.2%
Other countries (25)	NTSI +18.8 points	5.5%	24.3%

Outside the US: NTSI 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

ALLW69.8%
NTSI23.9%

Securities held

ALLW33
NTSI444

Asset class

ALLW: Multi-Asset
NTSI: Alternatives

Holdings

Only in ALLW33
In both0
Only in NTSI444

Only in ALLW

33 securities, 76.0% of ALLW by weight

Us 10YR Note (CBT)DEC2611.98%
Euro-Bund Future DEC269.04%
State Street Spdr Portfolio S+6.63%
Us Long Bond(Cbt) DEC265.68%
Gold 100 Oz Futr DEC264.77%
Euro Stoxx 50 DEC264.70%
Aust 10Y Bond Fut DEC264.68%
Treasury Bill 02/27 0.000002.43%
Topix Indx Futr DEC262.34%
Tsy Infl Ix N/B 07/35 1.8752.13%
State Street Spdr Portfolio Em2.11%
Tsy Infl Ix N/B 01/36 1.8752.08%
Tsy Infl Ix N/B 01/35 2.1251.99%
Spi 200 Futures DEC261.85%
Tsy Infl Ix N/B 07/34 1.8751.83%
Tsy Infl Ix N/B 01/34 1.751.74%
State Street Spdr S+p China Et1.60%
Tsy Infl Ix N/B 07/36 2.3751.26%
Tsy Infl Ix N/B 02/44 1.3750.74%
Tsy Infl Ix N/B 02/45 0.750.66%
Tsy Infl Ix N/B 02/55 2.3750.62%
Tsy Infl Ix N/B 02/54 2.1250.59%
Tsy Infl Ix N/B 02/56 2.3750.57%
Tsy Infl Ix N/B 02/42 0.750.55%
Tsy Infl Ix N/B 02/53 1.50.48%
Tsy Infl Ix N/B 02/43 0.6250.47%
Tsy Infl Ix N/B 02/47 0.8750.45%
Tsy Infl Ix N/B 02/52 0.1250.37%
Tsy Infl Ix N/B 02/46 10.37%
Tsy Infl Ix N/B 02/50 0.250.36%
Tsy Infl Ix N/B 02/51 0.1250.31%
Tsy Infl Ix N/B 02/48 10.29%
Tsy Infl Ix N/B 02/49 10.28%

Only in NTSI

444 securities, 89.7% of NTSI by weight

Asml Holding NV2.89%
Shell PLC1.81%
Roche Holding AG1.52%
Hsbc Holdings PLC1.51%
Novartis Ag-Reg1.51%
Mitsubishi Ufj Financial Gro1.35%
Nestle Sa-Reg1.23%
Sap SE1.10%
Totalenergies SE1.07%
Astrazeneca PLC1.07%
Toyota Motor Corp1.06%
Siemens Ag-Reg1.01%
Allianz Se-Reg0.90%
Commonwealth Bank of Austral0.89%
Bhp Group Ltd0.89%
Softbank Group Corp0.88%
Advantest Corp0.86%
Sumitomo Mitsui Financial Gr0.84%
Recruit Holdings Co Ltd0.82%
Sony Group Corp0.81%
Banco Santander SA0.79%
Ubs Group Ag-Reg0.76%
Bp PLC0.76%
Hitachi Ltd0.74%
Unicredit Spa0.73%
Abb Ltd-Reg0.69%
Tokyo Electron Ltd0.68%
Unilever Plc0.67%
Banco Bilbao Vizcaya Argenta0.66%
Iberdrola SA0.65%
Schneider Electric SE0.63%
Mitsubishi Corp0.63%
Mizuho Financial Group Inc0.63%
Rolls-Royce Holdings PLC0.62%
British American Tobacco PLC0.61%
Rio Tinto PLC0.57%
Air Liquide SA0.57%
Airbus SE0.56%
Itochu Corp0.56%
L'oreal0.55%
Novo Nordisk A/S-B0.54%
Ing Groep NV0.54%
Aia Group Ltd0.52%
Dbs Group Holdings Ltd0.51%
Tokio Marine Holdings Inc0.50%
Lvmh Moet Hennessy Louis Vui0.50%
Zurich Insurance Group AG0.49%
Bnp Paribas0.47%
Cie Financiere Richemo-A Reg0.47%
Safran SA0.45%

Weight gaps

ALLW and NTSI share no securities.

All 45 ALLW holdings⁠All 469 NTSI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ALLW vs NTSI Cost

Overpaying ALLW vs NTSI

$10,444

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ALLW 0.85%
$16,199
NTSI 0.28%
$5,755

Amount$10,000

Years30 years

Cost over time

ALLW 0.85%
NTSI 0.28%
Overpaying

Year by year

Year	ALLW	NTSI	Overpaying
10	$1,508	$509	$999
20	$5,706	$1,976	$3,730
30	$16,199	$5,755	$10,444

Expense ratio

0.85%ALLW
0.28%NTSI, cheaper

NTSI0.28%ALLW0.85%

0.13%1.86%

Middle half of Capital-Efficient Allocation funds
Median 0.67%

NTSI 4th cheapest of 19 funds

ALLW 12th cheapest of 19 funds

ALLW vs NTSI Dividends

Last 12 months to Nov 2, 2026

Yield (12M): ALLW No data; NTSI 3.11%
Payout (12M): ALLW No data; NTSI $1.45
Last payment: ALLW $1.29; NTSI $0.01
Ex-dividend: ALLW Dec 29, 2025; NTSI Sep 25, 2026
Paid on: ALLW Dec 31, 2025; NTSI Sep 29, 2026
Frequency: ALLW Irregular; NTSI Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

ALLWIrregular · 1 paymentAll ALLW payments⁠

NTSIQuarterly · 23 paymentsAll NTSI payments⁠

ALLW vs NTSI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ALLW 10.0%since Apr 2025NTSI 12.9%
Return per unit of riskSharpe ratio, 3 years: ALLW 0.86since Apr 2025NTSI 0.99
Worst fallMax drawdown, 5 years: ALLW −8.8%since Mar 2025NTSI −33.4%
Market sensitivityBeta, 5 years: ALLW 0.42NTSI 0.93; Market = 1

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