ESPO.L vs. ESGB.L

Last updated Jun 5, 2026

ESPO.L (VanEck Vectors Video Gaming and eSports UCITS ETF A USD) and ESGB.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, ESPO.L returned 6.61%/yr vs 6.59%/yr for ESGB.L. With a 0.95 correlation, they move nearly in lockstep. Both charge a 0.55% expense ratio.

Performance

ESPO.L vs. ESGB.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 (ESPO.L) and VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

The year-to-date returns for both stocks are quite close, with ESPO.L having a -13.69% return and ESGB.L slightly lower at -13.85%.

ESPO.L

• 1D: -1.96%
• 1M: -1.47%
• YTD: -13.69%
• 6M: -16.29%
• 1Y: -12.37%
• 3Y*: 19.90%
• 5Y*: 6.61%
• 10Y*: —

ESGB.L

• 1D: -0.12%
• 1M: -1.40%
• YTD: -13.85%
• 6M: -16.80%
• 1Y: -12.47%
• 3Y*: 19.72%
• 5Y*: 6.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ESPO.L VanEck Vectors Video Gaming and eSports UCITS ETF A USD	-13.69%	27.34%	48.69%	33.19%	-34.90%	-2.44%	86.70%	15.36%
ESGB.L VanEck Vectors Video Gaming and eSports UCITS ETF A USD	-13.85%	27.57%	48.54%	32.57%	-34.91%	-2.26%	86.38%	15.71%

Correlation

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

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

Sectors	ESPO.L	ESGB.L
Technology	56.1%	8.9%
Communication Services	29.3%	76.9%
Consumer Cyclical	14.1%	14.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

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

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

ESPO.L

ESPO.L Risk / Return Rank: 5
ESPO.L Sharpe Ratio Rank: 4
ESPO.L Sortino Ratio Rank: 4
ESPO.L Omega Ratio Rank: 4
ESPO.L Calmar Ratio Rank: 6
ESPO.L Martin Ratio Rank: 6

ESGB.L

ESGB.L Risk / Return Rank: 4
ESGB.L Sharpe Ratio Rank: 3
ESGB.L Sortino Ratio Rank: 4
ESGB.L Omega Ratio Rank: 4
ESGB.L Calmar Ratio Rank: 5
ESGB.L Martin Ratio Rank: 6

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.

ESPO.L vs. ESGB.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 (ESPO.L) and VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.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.

	ESPO.L	ESGB.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	-0.68	+0.10
Sortino ratio: Return per unit of downside risk	-0.72	-0.87	+0.15
Omega ratio: Gain probability vs. loss probability	0.92	0.90	+0.02
Calmar ratio: Return relative to maximum drawdown	-0.38	-0.45	+0.07
Martin ratio: Return relative to average drawdown	-0.69	-0.81	+0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ESPO.L Sharpe Ratio is -0.58, which is comparable to the ESGB.L Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of ESPO.L and ESGB.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.

Sharpe Ratios by Period

	ESPO.L	ESGB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	-0.68	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.27	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.69	0.00

Drawdowns

ESPO.L vs. ESGB.L - Drawdown Comparison

The maximum ESPO.L drawdown since its inception was -50.84%, roughly equal to the maximum ESGB.L drawdown of -50.84%. Use the drawdown chart below to compare losses from any high point for ESPO.L and ESGB.L.

Drawdown Indicators

	ESPO.L	ESGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-50.84%	-50.84%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-27.42%	-27.45%	+0.03%
Max Drawdown (3Y) Largest decline over 3 years	-27.42%	-27.45%	+0.03%
Max Drawdown (5Y) Largest decline over 5 years	-47.52%	-47.59%	+0.07%
Current Drawdown Current decline from peak	-25.32%	-25.50%	+0.18%
Average Drawdown Average peak-to-trough decline	-16.28%	-16.26%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.10%	15.19%	-0.09%

Volatility

ESPO.L vs. ESGB.L - Volatility Comparison

VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L) has a higher volatility of 4.82% compared to VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) at 4.26%. This indicates that ESPO.L's price experiences larger fluctuations and is considered to be riskier than ESGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESPO.L	ESGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.82%	4.26%	+0.56%
Volatility (6M) Calculated over the trailing 6-month period	13.92%	14.02%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	18.01%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.14%	24.00%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.60%	24.43%	+0.17%

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

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

Dividends

ESPO.L vs. ESGB.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESPO.L and ESGB.L in my portfolio?

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

Which ETF is better, ESPO.L or ESGB.L?

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

Which ETF is cheaper, ESPO.L or ESGB.L?

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

What is the main difference between ESPO.L and ESGB.L?

Both ETFs track MSCI World/Information Tech NR USD.