ESP0.DE vs. EQEU.DE
ESP0.DE (VanEck Video Gaming and eSports UCITS ETF) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - ESP0.DE is a Technology Equities fund tracking the MarketVector Global Video Gaming and eSports ESG, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 5 years, ESP0.DE returned 8.34%/yr vs 11.77%/yr for EQEU.DE. A 0.69 correlation means they provide meaningful diversification when combined. ESP0.DE charges 0.55%/yr vs 0.35%/yr for EQEU.DE.
Performance
ESP0.DE vs. EQEU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESP0.DE achieves a -10.31% return, which is significantly lower than EQEU.DE's 10.29% return.
ESP0.DE
- 1D
- -1.29%
- 1M
- 3.66%
- 6M
- -12.83%
- YTD
- -10.31%
- 1Y
- -12.79%
- 3Y*
- 16.81%
- 5Y*
- 8.34%
- 10Y*
- —
EQEU.DE
- 1D
- -2.27%
- 1M
- -5.16%
- 6M
- 10.35%
- YTD
- 10.29%
- 1Y
- 20.89%
- 3Y*
- 20.16%
- 5Y*
- 11.77%
- 10Y*
- —
ESP0.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ESP0.DE VanEck Video Gaming and eSports UCITS ETF | -10.31% | 13.28% | 57.80% | 28.83% | -30.18% | 6.13% | 65.70% | 3.80% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 10.29% | 18.24% | 24.15% | 51.95% | -36.56% | 27.85% | 45.20% | 11.39% |
Correlation
The correlation between ESP0.DE and EQEU.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2019 | 0.69 |
Over the past year, the correlation between ESP0.DE and EQEU.DE has dropped to 0.47 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
ESP0.DE vs. EQEU.DE — Risk / Return Rank
ESP0.DE
EQEU.DE
ESP0.DE vs. EQEU.DE - 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 Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE). 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 | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.21 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.73 | -2.20 |
| Martin ratioReturn relative to average drawdown | -0.75 | 5.66 | -6.40 |
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Drawdowns
ESP0.DE vs. EQEU.DE - Drawdown Comparison
The maximum ESP0.DE drawdown since its inception was -40.10%, which is greater than EQEU.DE's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for ESP0.DE and EQEU.DE.
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Drawdown Indicators
| ESP0.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.10% | -37.97% | -2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -12.02% | -14.85% |
Max Drawdown (3Y)Largest decline over 3 years | -26.87% | -22.08% | -4.79% |
Max Drawdown (5Y)Largest decline over 5 years | -40.10% | -37.97% | -2.13% |
Current DrawdownCurrent decline from peak | -22.39% | -6.95% | -15.44% |
Average DrawdownAverage peak-to-trough decline | -13.24% | -7.91% | -5.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.12% | 3.68% | +13.44% |
Volatility
ESP0.DE vs. EQEU.DE - Volatility Comparison
The current volatility for VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) is 5.31%, while Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) has a volatility of 6.21%. This indicates that ESP0.DE experiences smaller price fluctuations and is considered to be less risky than EQEU.DE 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 | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 6.21% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 13.77% | 13.90% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.61% | 17.56% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 21.05% | +1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.43% | 20.98% | +2.45% |
ESP0.DE vs. EQEU.DE - Expense Ratio Comparison
ESP0.DE has a 0.55% expense ratio, which is higher than EQEU.DE's 0.35% expense ratio.
Dividends
ESP0.DE vs. EQEU.DE - Dividend Comparison
Neither ESP0.DE nor EQEU.DE has paid dividends to shareholders.
Frequently Asked Questions
ESP0.DE and EQEU.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQEU.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQEU.DE is cheaper with a 0.35% expense ratio, compared with 0.55% for ESP0.DE.
ESP0.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. ESP0.DE tracks MarketVector Global Video Gaming and eSports ESG, while EQEU.DE tracks NASDAQ-100 Notional Net Total Return Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.55% for ESP0.DE and 0.35% for EQEU.DE.
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