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CGW vs. ESPO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGW and ESPO is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

CGW vs. ESPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Global Water Index ETF (CGW) and VanEck Vectors Video Gaming and eSports ETF (ESPO). The values are adjusted to include any dividend payments, if applicable.

80.00%100.00%120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
82.26%
185.65%
CGW
ESPO

Key characteristics

Sharpe Ratio

CGW:

0.50

ESPO:

2.14

Sortino Ratio

CGW:

0.78

ESPO:

2.96

Omega Ratio

CGW:

1.09

ESPO:

1.36

Calmar Ratio

CGW:

0.50

ESPO:

1.65

Martin Ratio

CGW:

2.17

ESPO:

13.53

Ulcer Index

CGW:

3.21%

ESPO:

3.51%

Daily Std Dev

CGW:

13.96%

ESPO:

22.19%

Max Drawdown

CGW:

-57.24%

ESPO:

-50.99%

Current Drawdown

CGW:

-9.35%

ESPO:

-7.07%

Returns By Period

In the year-to-date period, CGW achieves a 4.66% return, which is significantly lower than ESPO's 46.11% return.


CGW

YTD

4.66%

1M

-5.13%

6M

-1.75%

1Y

5.48%

5Y*

7.64%

10Y*

8.61%

ESPO

YTD

46.11%

1M

3.63%

6M

25.12%

1Y

45.83%

5Y*

18.33%

10Y*

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CGW vs. ESPO - Expense Ratio Comparison

CGW has a 0.57% expense ratio, which is higher than ESPO's 0.55% expense ratio.


CGW
Invesco S&P Global Water Index ETF
Expense ratio chart for CGW: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
Expense ratio chart for ESPO: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

CGW vs. ESPO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Global Water Index ETF (CGW) and VanEck Vectors Video Gaming and eSports ETF (ESPO). 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.


Sharpe ratio
The chart of Sharpe ratio for CGW, currently valued at 0.50, compared to the broader market0.002.004.000.502.14
The chart of Sortino ratio for CGW, currently valued at 0.78, compared to the broader market-2.000.002.004.006.008.0010.000.782.96
The chart of Omega ratio for CGW, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.36
The chart of Calmar ratio for CGW, currently valued at 0.50, compared to the broader market0.005.0010.0015.000.501.65
The chart of Martin ratio for CGW, currently valued at 2.17, compared to the broader market0.0020.0040.0060.0080.00100.002.1713.53
CGW
ESPO

The current CGW Sharpe Ratio is 0.50, which is lower than the ESPO Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of CGW and ESPO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.50
2.14
CGW
ESPO

Dividends

CGW vs. ESPO - Dividend Comparison

Neither CGW nor ESPO has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
CGW
Invesco S&P Global Water Index ETF
0.00%1.55%1.45%1.59%1.41%1.48%2.14%1.71%1.65%1.67%1.77%1.52%
ESPO
VanEck Vectors Video Gaming and eSports ETF
0.00%0.96%0.91%3.37%0.12%0.22%0.04%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CGW vs. ESPO - Drawdown Comparison

The maximum CGW drawdown since its inception was -57.24%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for CGW and ESPO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.35%
-7.07%
CGW
ESPO

Volatility

CGW vs. ESPO - Volatility Comparison

The current volatility for Invesco S&P Global Water Index ETF (CGW) is 4.45%, while VanEck Vectors Video Gaming and eSports ETF (ESPO) has a volatility of 7.88%. This indicates that CGW experiences smaller price fluctuations and is considered to be less risky than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.45%
7.88%
CGW
ESPO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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