ESP0.DE vs. CW8U.L
ESP0.DE (VanEck Video Gaming and eSports UCITS ETF) and CW8U.L (Amundi MSCI World UCITS USD) are both exchange-traded funds - ESP0.DE is a Technology Equities fund tracking the MarketVector Global Video Gaming and eSports ESG, while CW8U.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, ESP0.DE returned 6.78%/yr vs 12.26%/yr for CW8U.L. A 0.62 correlation means they provide meaningful diversification when combined. ESP0.DE charges 0.55%/yr vs 0.28%/yr for CW8U.L.
Performance
ESP0.DE vs. CW8U.L - Performance Comparison
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Different Trading Currencies
ESP0.DE is traded in EUR, while CW8U.L is traded in USD. To make them comparable, the CW8U.L 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 -14.34% return, which is significantly lower than CW8U.L's 10.14% return.
ESP0.DE
- 1D
- 0.80%
- 1M
- -1.49%
- YTD
- -14.34%
- 6M
- -14.78%
- 1Y
- -13.87%
- 3Y*
- 14.73%
- 5Y*
- 6.78%
- 10Y*
- —
CW8U.L
- 1D
- 2.39%
- 1M
- 2.27%
- YTD
- 10.14%
- 6M
- 11.31%
- 1Y
- 23.26%
- 3Y*
- 16.50%
- 5Y*
- 12.26%
- 10Y*
- —
ESP0.DE vs. CW8U.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ESP0.DE VanEck Video Gaming and eSports UCITS ETF | -14.34% | 13.28% | 57.80% | 28.83% | -30.18% | 6.13% | 65.70% | 3.80% |
CW8U.L Amundi MSCI World UCITS USD | 10.14% | 6.04% | 26.88% | 20.34% | -13.16% | 31.22% | 6.24% | 10.26% |
Correlation
The correlation between ESP0.DE and CW8U.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2019 | 0.62 |
The correlation between ESP0.DE and CW8U.L shifts across timeframes, from 0.53 (1 year) to 0.63 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ESP0.DE vs. CW8U.L — Risk / Return Rank
ESP0.DE
CW8U.L
ESP0.DE vs. CW8U.L - 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 Amundi MSCI World UCITS USD (CW8U.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.
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 | CW8U.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.68 | ||
| Sortino ratioReturn per unit of downside risk | -3.72 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.35 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 3.55 | -4.06 |
| Martin ratioReturn relative to average drawdown | -0.88 | 13.02 | -13.90 |
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Drawdowns
ESP0.DE vs. CW8U.L - Drawdown Comparison
The maximum ESP0.DE drawdown since its inception was -40.10%, which is greater than CW8U.L's maximum drawdown of -33.58%. Use the drawdown chart below to compare losses from any high point for ESP0.DE and CW8U.L.
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Drawdown Indicators
| ESP0.DE | CW8U.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.10% | -33.58% | -6.52% |
Max Drawdown (1Y)Largest decline over 1 year | -26.47% | -6.52% | -19.95% |
Max Drawdown (3Y)Largest decline over 3 years | -26.47% | -20.74% | -5.73% |
Max Drawdown (5Y)Largest decline over 5 years | -40.10% | -20.74% | -19.36% |
Current DrawdownCurrent decline from peak | -25.88% | -1.09% | -24.79% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -4.48% | -8.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.47% | 1.78% | +13.69% |
Volatility
ESP0.DE vs. CW8U.L - Volatility Comparison
VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) has a higher volatility of 4.38% compared to Amundi MSCI World UCITS USD (CW8U.L) at 4.03%. This indicates that ESP0.DE's price experiences larger fluctuations and is considered to be riskier than CW8U.L 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 | CW8U.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | 4.03% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 13.14% | 9.25% | +3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.17% | 12.34% | +4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.48% | 15.09% | +7.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.50% | 16.57% | +6.93% |
ESP0.DE vs. CW8U.L - Expense Ratio Comparison
ESP0.DE has a 0.55% expense ratio, which is higher than CW8U.L's 0.28% expense ratio.
Dividends
ESP0.DE vs. CW8U.L - Dividend Comparison
Neither ESP0.DE nor CW8U.L has paid dividends to shareholders.
Frequently Asked Questions
ESP0.DE and CW8U.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CW8U.L is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CW8U.L is cheaper with a 0.28% expense ratio, compared with 0.55% for ESP0.DE.
ESP0.DE is categorized as Technology Equities, while CW8U.L is Global Equities. ESP0.DE tracks MarketVector Global Video Gaming and eSports ESG, while CW8U.L tracks MSCI ACWI NR USD. They also come from different issuers: VanEck and Amundi. Their fees differ too: 0.55% for ESP0.DE and 0.28% for CW8U.L.
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