ESPO.L vs. KARP.L
ESPO.L (VanEck Vectors Video Gaming and eSports UCITS ETF A USD) and KARP.L (KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from VanEck and Waystone Management respectively. Both are passively managed. Over the past 3 years, ESPO.L returned 19.90%/yr vs 5.43%/yr for KARP.L. A 0.58 correlation means they provide meaningful diversification when combined. ESPO.L charges 0.55%/yr vs 0.72%/yr for KARP.L.
Performance
ESPO.L vs. KARP.L - Performance Comparison
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Different Trading Currencies
ESPO.L is traded in USD, while KARP.L is traded in GBP. To make them comparable, the KARP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESPO.L achieves a -13.69% return, which is significantly lower than KARP.L's 14.71% return.
ESPO.L
- 1D
- -1.96%
- 1M
- -1.47%
- YTD
- -13.69%
- 6M
- -16.29%
- 1Y
- -12.37%
- 3Y*
- 19.90%
- 5Y*
- 6.61%
- 10Y*
- —
KARP.L
- 1D
- -0.36%
- 1M
- -1.29%
- YTD
- 14.71%
- 6M
- 14.77%
- 1Y
- 63.14%
- 3Y*
- 5.43%
- 5Y*
- —
- 10Y*
- —
ESPO.L vs. KARP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ESPO.L VanEck Vectors Video Gaming and eSports UCITS ETF A USD | -13.69% | 27.34% | 48.69% | 33.19% | -13.54% |
KARP.L KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD | 14.71% | 43.41% | -18.77% | -7.63% | -21.08% |
Correlation
The correlation between ESPO.L and KARP.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2022 | 0.58 |
Over the past year, the correlation between ESPO.L and KARP.L has dropped to 0.36 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
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Return for Risk
ESPO.L vs. KARP.L — Risk / Return Rank
ESPO.L
KARP.L
ESPO.L vs. KARP.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 KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.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 | KARP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | -4.37 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.49 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 6.43 | -6.81 |
| Martin ratioReturn relative to average drawdown | -0.69 | 19.86 | -20.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESPO.L | KARP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 2.94 | -3.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | -0.03 | +0.72 |
Drawdowns
ESPO.L vs. KARP.L - Drawdown Comparison
The maximum ESPO.L drawdown since its inception was -50.84%, smaller than the maximum KARP.L drawdown of -54.09%. Use the drawdown chart below to compare losses from any high point for ESPO.L and KARP.L.
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Drawdown Indicators
| ESPO.L | KARP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.84% | -54.09% | +3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -27.42% | -10.43% | -16.99% |
Max Drawdown (3Y)Largest decline over 3 years | -27.42% | -47.25% | +19.83% |
Max Drawdown (5Y)Largest decline over 5 years | -47.52% | — | — |
Current DrawdownCurrent decline from peak | -25.32% | -10.84% | -14.48% |
Average DrawdownAverage peak-to-trough decline | -16.28% | -31.39% | +15.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.10% | 3.38% | +11.72% |
Volatility
ESPO.L vs. KARP.L - Volatility Comparison
VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESPO.L) has a higher volatility of 4.82% compared to KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) at 1.82%. This indicates that ESPO.L's price experiences larger fluctuations and is considered to be riskier than KARP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESPO.L | KARP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 1.82% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 13.92% | 14.09% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.01% | 22.85% | -4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.14% | 26.63% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.60% | 26.63% | -2.03% |
ESPO.L vs. KARP.L - Expense Ratio Comparison
ESPO.L has a 0.55% expense ratio, which is lower than KARP.L's 0.72% expense ratio.
Dividends
ESPO.L vs. KARP.L - Dividend Comparison
Neither ESPO.L nor KARP.L has paid dividends to shareholders.
Frequently Asked Questions
ESPO.L and KARP.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESPO.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESPO.L is cheaper with a 0.55% expense ratio, compared with 0.72% for KARP.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: VanEck and Waystone Management. Their fees differ too: 0.55% for ESPO.L and 0.72% for KARP.L.
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