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ESP0.DE vs. TCBT.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ESP0.DE vs. TCBT.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) and VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ESP0.DE achieves a -13.12% return, which is significantly lower than TCBT.DE's 0.36% return.


ESP0.DE

1D
-0.62%
1M
-0.41%
YTD
-13.12%
6M
-16.53%
1Y
-13.94%
3Y*
16.64%
5Y*
7.55%
10Y*

TCBT.DE

1D
-0.09%
1M
0.63%
YTD
0.36%
6M
0.02%
1Y
1.34%
3Y*
3.98%
5Y*
-0.18%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESP0.DE vs. TCBT.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
ESP0.DE
VanEck Video Gaming and eSports UCITS ETF
-13.12%13.28%57.80%28.86%-30.20%6.12%65.73%18.39%
TCBT.DE
VanEck iBoxx EUR Corporates UCITS ETF
0.36%2.42%3.35%8.23%-13.49%-1.27%2.29%0.58%

Correlation

The correlation between ESP0.DE and TCBT.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.31

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

0.28

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

0.25

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

0.24

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Return for Risk

ESP0.DE vs. TCBT.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESP0.DE
ESP0.DE Risk / Return Rank: 44
Overall Rank
ESP0.DE Sharpe Ratio Rank: 33
Sharpe Ratio Rank
ESP0.DE Sortino Ratio Rank: 33
Sortino Ratio Rank
ESP0.DE Omega Ratio Rank: 33
Omega Ratio Rank
ESP0.DE Calmar Ratio Rank: 44
Calmar Ratio Rank
ESP0.DE Martin Ratio Rank: 55
Martin Ratio Rank

TCBT.DE
TCBT.DE Risk / Return Rank: 1313
Overall Rank
TCBT.DE Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
TCBT.DE Sortino Ratio Rank: 1212
Sortino Ratio Rank
TCBT.DE Omega Ratio Rank: 1313
Omega Ratio Rank
TCBT.DE Calmar Ratio Rank: 1414
Calmar Ratio Rank
TCBT.DE Martin Ratio Rank: 1515
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.

ESP0.DE vs. TCBT.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 VanEck iBoxx EUR Corporates UCITS ETF (TCBT.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.


ESP0.DETCBT.DEDifference
Sharpe ratioReturn per unit of total volatility

-1.11

Sortino ratioReturn per unit of downside risk

-1.54

Omega ratioGain probability vs. loss probability

0.88

1.06

-0.18

Calmar ratioReturn relative to maximum drawdown

-0.53

0.40

-0.93

Martin ratioReturn relative to average drawdown

-0.93

1.19

-2.12

ESP0.DE vs. TCBT.DE - Sharpe Ratio Comparison

The current ESP0.DE Sharpe Ratio is -0.81, which is lower than the TCBT.DE Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of ESP0.DE and TCBT.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


ESP0.DETCBT.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.81

0.30

-1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

-0.04

+0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.18

+0.53

Drawdowns

ESP0.DE vs. TCBT.DE - Drawdown Comparison

The maximum ESP0.DE drawdown since its inception was -40.11%, which is greater than TCBT.DE's maximum drawdown of -16.90%. Use the drawdown chart below to compare losses from any high point for ESP0.DE and TCBT.DE.


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Drawdown Indicators


ESP0.DETCBT.DEDifference

Max Drawdown

Largest peak-to-trough decline

-40.11%

-16.90%

-23.21%

Max Drawdown (1Y)

Largest decline over 1 year

-26.09%

-3.39%

-22.70%

Max Drawdown (3Y)

Largest decline over 3 years

-26.09%

-3.39%

-22.70%

Max Drawdown (5Y)

Largest decline over 5 years

-40.11%

-16.88%

-23.23%

Current Drawdown

Current decline from peak

-24.82%

-2.09%

-22.73%

Average Drawdown

Average peak-to-trough decline

-12.75%

-5.10%

-7.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.94%

1.13%

+13.81%

Volatility

ESP0.DE vs. TCBT.DE - Volatility Comparison

VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) has a higher volatility of 4.55% compared to VanEck iBoxx EUR Corporates UCITS ETF (TCBT.DE) at 1.20%. This indicates that ESP0.DE's price experiences larger fluctuations and is considered to be riskier than TCBT.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.DETCBT.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.55%

1.20%

+3.35%

Volatility (6M)

Calculated over the trailing 6-month period

13.06%

4.05%

+9.01%

Volatility (1Y)

Calculated over the trailing 1-year period

17.18%

4.46%

+12.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.48%

5.18%

+17.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.16%

5.36%

+17.80%

ESP0.DE vs. TCBT.DE - Expense Ratio Comparison

ESP0.DE has a 0.55% expense ratio, which is higher than TCBT.DE's 0.15% expense ratio.


Dividends

ESP0.DE vs. TCBT.DE - Dividend Comparison

ESP0.DE has not paid dividends to shareholders, while TCBT.DE's dividend yield for the trailing twelve months is around 2.67%.


PositionTTM2025202420232022202120202019
ESP0.DE
VanEck Video Gaming and eSports UCITS ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TCBT.DE
VanEck iBoxx EUR Corporates UCITS ETF
2.67%2.45%2.39%1.12%1.39%0.75%1.00%1.07%

Frequently Asked Questions


ESP0.DE and TCBT.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, TCBT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

TCBT.DE is cheaper with a 0.15% expense ratio, compared with 0.55% for ESP0.DE.

ESP0.DE is categorized as Technology Equities, while TCBT.DE is European Corporate Bonds. ESP0.DE tracks MarketVector Global Video Gaming and eSports ESG, while TCBT.DE tracks iBoxx® SD-KPI EUR Liquid Corporates. Their fees differ too: 0.55% for ESP0.DE and 0.15% for TCBT.DE.

Portfolio Optimizer

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