PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ESGB.L vs. ESPO.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ESGB.L vs. ESPO.L

Last updated Jun 5, 2026

ESGB.L (VanEck Vectors Video Gaming and eSports UCITS ETF A USD) and ESPO.L (VanEck Vectors Video Gaming and eSports UCITS ETF A USD) are both Technology Equities funds from VanEck tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, ESGB.L returned 7.72%/yr vs 7.76%/yr for ESPO.L. Their correlation of 0.95 suggests significant overlap in exposure. Both charge a 0.55% expense ratio.

Performance

ESGB.L vs. ESPO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) and VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

ESGB.L is traded in GBP, while ESPO.L is traded in USD. To make them comparable, the ESPO.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with ESGB.L having a -13.64% return and ESPO.L slightly higher at -13.34%.

ESGB.L

1D
-0.17%
1M
-0.16%
YTD
-13.64%
6M
-17.38%
1Y
-11.52%
3Y*
16.72%
5Y*
7.72%
10Y*
—

ESPO.L

1D
-1.61%
1M
-0.19%
YTD
-13.34%
6M
-16.84%
1Y
-11.36%
3Y*
16.95%
5Y*
7.76%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESGB.L vs. ESPO.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
ESGB.L
VanEck Vectors Video Gaming and eSports UCITS ETF A USD		-13.64%18.62%51.06%25.92%-27.12%-1.36%80.84%10.77%
ESPO.L
VanEck Vectors Video Gaming and eSports UCITS ETF A USD		-13.34%18.27%51.29%26.53%-27.16%-1.52%81.22%10.43%

Correlation

The correlation between ESGB.L and ESPO.L is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.93

Correlation (3Y)
Calculated over the trailing 3-year period

0.95

Correlation (5Y)
Calculated over the trailing 5-year period

0.96

Correlation (All Time)
Calculated using the full available price history since Jun 27, 2019

0.95

The correlation between ESGB.L and ESPO.L has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

ESGB.L vs. ESPO.L - Sectors Allocation Comparison

Sectors
ESGB.L
ESPO.L

Communication Services

76.9%
29.3%

Consumer Cyclical

14.2%
14.1%

Technology

8.9%
56.1%

Basic Materials

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Communication Services

ESGB.L
76.9%
ESPO.L
29.3%

Consumer Cyclical

ESGB.L
14.2%
ESPO.L
14.1%

Technology

ESGB.L
8.9%
ESPO.L
56.1%

Basic Materials

ESGB.L

-

ESPO.L

-

Consumer Defensive

ESGB.L

-

ESPO.L

-

Energy

ESGB.L

-

ESPO.L

-

Financial Services

ESGB.L

-

ESPO.L

-

Healthcare

ESGB.L

-

ESPO.L

-

Industrials

ESGB.L

-

ESPO.L

-

Real Estate

ESGB.L

-

ESPO.L

-

Utilities

ESGB.L

-

ESPO.L

-

Compare stocks, funds, or ETFs

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

VanEck Vectors Video Gaming and eSports UCITS ETF A USD

VanEck Vectors Video Gaming and eSports UCITS ETF A USD

Often compared with ESGB.L:
ESGB.L vs. ESPOESGB.L vs. DFNS.LESGB.L vs. XLKQ.LESGB.L vs. IITU.LESGB.L vs. ANRJ.LESGB.L vs. XSTC.LESGB.L vs. AIAG.L
Often compared with ESPO.L:
ESPO.L vs. HERU.LESPO.L vs. HEROESPO.L vs. CBUN.DEESPO.L vs. QNTMESPO.L vs. JEDIESPO.L vs. ANXU.LESPO.L vs. JEDI.DE

Return for Risk

ESGB.L vs. ESPO.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ESGB.L
ESGB.L Risk / Return Rank: 44
Overall Rank
ESGB.L Sharpe Ratio Rank: 33
Sharpe Ratio Rank
ESGB.L Sortino Ratio Rank: 44
Sortino Ratio Rank
ESGB.L Omega Ratio Rank: 44
Omega Ratio Rank
ESGB.L Calmar Ratio Rank: 55
Calmar Ratio Rank
ESGB.L Martin Ratio Rank: 66
Martin Ratio Rank
ESPO.L
ESPO.L Risk / Return Rank: 55
Overall Rank
ESPO.L Sharpe Ratio Rank: 44
Sharpe Ratio Rank
ESPO.L Sortino Ratio Rank: 44
Sortino Ratio Rank
ESPO.L Omega Ratio Rank: 44
Omega Ratio Rank
ESPO.L Calmar Ratio Rank: 66
Calmar Ratio Rank
ESPO.L Martin Ratio Rank: 66
Martin Ratio Rank
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.

ESGB.L vs. ESPO.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) and VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L). 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.

ESGB.LESPO.LDifference
Sharpe ratioReturn per unit of total volatility
-0.68
-0.56

-0.12

Sortino ratioReturn per unit of downside risk
-0.86
-0.68

-0.18

Omega ratioGain probability vs. loss probability

0.90

0.92

-0.02

Calmar ratioReturn relative to maximum drawdown

-0.43

-0.37

-0.06

Martin ratioReturn relative to average drawdown

-0.76

-0.66

-0.11

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGB.L vs. ESPO.L - Sharpe Ratio Comparison

The current ESGB.L Sharpe Ratio is -0.68, which is comparable to the ESPO.L Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of ESGB.L and ESPO.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

ESGB.LESPO.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.68

-0.56

-0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.34

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.68

+0.02

Drawdowns

ESGB.L vs. ESPO.L - Drawdown Comparison

The maximum ESGB.L drawdown since its inception was -39.40%, roughly equal to the maximum ESPO.L drawdown of -39.40%. Use the drawdown chart below to compare losses from any high point for ESGB.L and ESPO.L.

Loading charts...

Drawdown Indicators

ESGB.LESPO.LDifference

Max Drawdown

Largest peak-to-trough decline

-39.40%

-39.40%

0.00%

Max Drawdown (1Y)

Largest decline over 1 year

-26.63%

-26.62%

-0.01%

Max Drawdown (3Y)

Largest decline over 3 years

-26.63%

-26.62%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-37.60%

-37.52%

-0.08%

Current Drawdown

Current decline from peak

-25.21%

-24.99%

-0.22%

Average Drawdown

Average peak-to-trough decline

-13.09%

-13.13%

+0.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.99%

14.91%

+0.08%

Volatility

ESGB.L vs. ESPO.L - Volatility Comparison

The current volatility for VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) is 3.96%, while VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L) has a volatility of 4.58%. This indicates that ESGB.L experiences smaller price fluctuations and is considered to be less risky than ESPO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ESGB.LESPO.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.96%

4.58%

-0.62%

Volatility (6M)

Calculated over the trailing 6-month period

13.09%

13.78%

-0.69%

Volatility (1Y)

Calculated over the trailing 1-year period

16.79%

17.51%

-0.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.02%

22.74%

-0.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.81%

23.58%

-0.77%

ESGB.L vs. ESPO.L - Expense Ratio Comparison

Both ESGB.L and ESPO.L have an expense ratio of 0.55%.

Dividends

ESGB.L vs. ESPO.L - Dividend Comparison

Neither ESGB.L nor ESPO.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

With a correlation of 0.93, ESGB.L and ESPO.L 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.

Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

ESGB.L and ESPO.L have the same expense ratio: 0.55% per year.

Both ETFs track MSCI World/Information Tech NR USD.

Portfolio Optimizer

Find the right allocation for ESGB.L and ESPO.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer