ESPO.L vs. HERO
Compare and contrast key facts about VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L) and Global X Video Games & Esports ETF (HERO).
ESPO.L and HERO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESPO.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 24, 2019. HERO is a passively managed fund by Global X that tracks the performance of the Solactive Video Games & Esports Index. It was launched on Oct 25, 2019. Both ESPO.L and HERO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESPO.L or HERO.
Key characteristics
| ESPO.L | HERO | |
|---|---|---|
| YTD Return | 9.60% | 0.40% |
| 1Y Return | 21.80% | 0.83% |
| 3Y Return (Ann) | -1.96% | -13.48% |
| Sharpe Ratio | 0.99 | 0.05 |
| Daily Std Dev | 20.89% | 20.46% |
| Max Drawdown | -50.84% | -54.02% |
| Current Drawdown | -19.92% | -44.22% |
Correlation
The correlation between ESPO.L and HERO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ESPO.L vs. HERO - Performance Comparison
In the year-to-date period, ESPO.L achieves a 9.60% return, which is significantly higher than HERO's 0.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ESPO.L vs. HERO - Expense Ratio Comparison
ESPO.L has a 0.55% expense ratio, which is higher than HERO's 0.50% expense ratio.
Risk-Adjusted Performance
ESPO.L vs. HERO - Risk-Adjusted Performance 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 Global X Video Games & Esports ETF (HERO). 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.
Dividends
ESPO.L vs. HERO - Dividend Comparison
ESPO.L has not paid dividends to shareholders, while HERO's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
ESPO.L VanEck Vectors Video Gaming and eSports UCITS ETF A USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HERO Global X Video Games & Esports ETF | 0.73% | 0.73% | 0.28% | 0.79% | 0.71% | 0.17% |
Drawdowns
ESPO.L vs. HERO - Drawdown Comparison
The maximum ESPO.L drawdown since its inception was -50.84%, smaller than the maximum HERO drawdown of -54.02%. Use the drawdown chart below to compare losses from any high point for ESPO.L and HERO. For additional features, visit the drawdowns tool.
Volatility
ESPO.L vs. HERO - Volatility Comparison
The current volatility for VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L) is 5.96%, while Global X Video Games & Esports ETF (HERO) has a volatility of 7.78%. This indicates that ESPO.L experiences smaller price fluctuations and is considered to be less risky than HERO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.