ESP0.DE vs. ^NDX
ESP0.DE (VanEck Video Gaming and eSports UCITS ETF) is Technology Equities fund tracking the MarketVector Global Video Gaming and eSports ESG, while ^NDX (NASDAQ 100 Index) is an index. Over the past 5 years, ESP0.DE returned 8.55%/yr vs 15.64%/yr for ^NDX. At a 0.49 correlation, their price movements are largely independent.
Performance
ESP0.DE vs. ^NDX - Performance Comparison
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Different Trading Currencies
ESP0.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESP0.DE achieves a -9.42% return, which is significantly lower than ^NDX's 19.64% return.
ESP0.DE
- 1D
- 0.57%
- 1M
- 5.48%
- 6M
- -11.18%
- YTD
- -9.42%
- 1Y
- -8.80%
- 3Y*
- 16.99%
- 5Y*
- 8.55%
- 10Y*
- —
^NDX
- 1D
- -0.75%
- 1M
- -2.41%
- 6M
- 17.61%
- YTD
- 19.64%
- 1Y
- 30.36%
- 3Y*
- 22.87%
- 5Y*
- 15.64%
- 10Y*
- 19.98%
ESP0.DE vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ESP0.DE VanEck Video Gaming and eSports UCITS ETF | -9.42% | 13.28% | 57.80% | 28.83% | -30.18% | 6.13% | 65.70% | 3.80% |
^NDX NASDAQ 100 Index | 19.64% | 5.91% | 33.12% | 49.19% | -28.81% | 36.10% | 35.42% | 14.74% |
Correlation
The correlation between ESP0.DE and ^NDX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2019 | 0.49 |
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Return for Risk
ESP0.DE vs. ^NDX — Risk / Return Rank
ESP0.DE
^NDX
ESP0.DE vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) and NASDAQ 100 Index (^NDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESP0.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.79 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.29 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 2.73 | -3.05 |
| Martin ratioReturn relative to average drawdown | -0.52 | 8.24 | -8.76 |
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Drawdowns
ESP0.DE vs. ^NDX - Drawdown Comparison
The maximum ESP0.DE drawdown since its inception was -40.10%, smaller than the maximum ^NDX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for ESP0.DE and ^NDX.
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Drawdown Indicators
| ESP0.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.10% | -46.44% | +6.34% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -11.19% | -15.68% |
Max Drawdown (3Y)Largest decline over 3 years | -26.87% | -27.30% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -40.10% | -31.53% | -8.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.53% | — |
Current DrawdownCurrent decline from peak | -21.62% | -3.17% | -18.45% |
Average DrawdownAverage peak-to-trough decline | -13.23% | -8.01% | -5.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.01% | 3.69% | +13.32% |
Volatility
ESP0.DE vs. ^NDX - Volatility Comparison
The current volatility for VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) is 5.13%, while NASDAQ 100 Index (^NDX) has a volatility of 7.44%. This indicates that ESP0.DE experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESP0.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 7.44% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 13.79% | 14.22% | -0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.57% | 18.36% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 22.57% | -0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.43% | 22.98% | +0.45% |
Frequently Asked Questions
ESP0.DE and ^NDX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ESP0.DE and ^NDX
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