PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ESPO vs. DLN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ESPO vs. DLN

Last updated Jun 4, 2026

ESPO (VanEck Vectors Video Gaming and eSports ETF) and DLN (WisdomTree US LargeCap Dividend ETF) are both Large Cap Growth Equities funds - ESPO tracks the MVIS Global Video Gaming and eSports Index while DLN tracks the WisdomTree LargeCap Dividend Index. Both are passively managed. Over the past 5 years, ESPO returned 6.23%/yr vs 12.22%/yr for DLN. A 0.53 correlation means they provide meaningful diversification when combined. ESPO charges 0.55%/yr vs 0.28%/yr for DLN.

Performance

ESPO vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Video Gaming and eSports ETF (ESPO) and WisdomTree US LargeCap Dividend ETF (DLN). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ESPO achieves a -13.31% return, which is significantly lower than DLN's 9.93% return.

ESPO

1D
-2.20%
1M
-1.23%
YTD
-13.31%
6M
-16.99%
1Y
-11.55%
3Y*
19.46%
5Y*
6.23%
10Y*
—

DLN

1D
-0.51%
1M
2.93%
YTD
9.93%
6M
9.96%
1Y
22.38%
3Y*
18.35%
5Y*
12.22%
10Y*
12.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESPO vs. DLN - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
ESPO
VanEck Vectors Video Gaming and eSports ETF		-13.31%25.79%47.61%33.64%-34.71%-2.13%83.93%42.36%-12.57%
DLN
WisdomTree US LargeCap Dividend ETF		9.93%15.53%19.66%9.95%-3.78%25.60%4.59%28.91%-8.57%

Correlation

The correlation between ESPO and DLN is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.42

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

0.52

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

0.52

Correlation (All Time)
Calculated using the full available price history since Oct 18, 2018

0.53

The correlation between ESPO and DLN shifts across timeframes, from 0.42 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

ESPO vs. DLN - Sectors Allocation Comparison

Sectors
ESPO
DLN

Communication Services

78.1%
7.8%

Consumer Cyclical

13.8%
5.0%

Technology

8.2%
20.1%

Basic Materials

-

1.0%

Consumer Defensive

-

9.3%

Energy

-

8.5%

Financial Services

-

18.0%

Healthcare

-

12.6%

Industrials

-

7.9%

Real Estate

-

4.0%

Utilities

-

5.9%

Communication Services

ESPO
78.1%
DLN
7.8%

Consumer Cyclical

ESPO
13.8%
DLN
5.0%

Technology

ESPO
8.2%
DLN
20.1%

Basic Materials

ESPO

-

DLN
1.0%

Consumer Defensive

ESPO

-

DLN
9.3%

Energy

ESPO

-

DLN
8.5%

Financial Services

ESPO

-

DLN
18.0%

Healthcare

ESPO

-

DLN
12.6%

Industrials

ESPO

-

DLN
7.9%

Real Estate

ESPO

-

DLN
4.0%

Utilities

ESPO

-

DLN
5.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Vectors Video Gaming and eSports ETF

WisdomTree US LargeCap Dividend ETF

Often compared with ESPO:
ESPO vs. HEROESPO vs. ESGB.LESPO vs. GAMRESPO vs. NERDESPO vs. VGTESPO vs. MDLZESPO vs. SNSR
Often compared with DLN:
DLN vs. SCHDDLN vs. DGRWDLN vs. DTDDLN vs. DGRODLN vs. VYMDLN vs. VOODLN vs. JEPI

Return for Risk

ESPO vs. DLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ESPO
ESPO Risk / Return Rank: 44
Overall Rank
ESPO Sharpe Ratio Rank: 44
Sharpe Ratio Rank
ESPO Sortino Ratio Rank: 44
Sortino Ratio Rank
ESPO Omega Ratio Rank: 44
Omega Ratio Rank
ESPO Calmar Ratio Rank: 55
Calmar Ratio Rank
ESPO Martin Ratio Rank: 55
Martin Ratio Rank
DLN
DLN Risk / Return Rank: 7777
Overall Rank
DLN Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
DLN Sortino Ratio Rank: 8080
Sortino Ratio Rank
DLN Omega Ratio Rank: 7575
Omega Ratio Rank
DLN Calmar Ratio Rank: 7373
Calmar Ratio Rank
DLN Martin Ratio Rank: 7979
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.

ESPO vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Video Gaming and eSports ETF (ESPO) and WisdomTree US LargeCap Dividend ETF (DLN). 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.

ESPODLNDifference
Sharpe ratioReturn per unit of total volatility
-0.62
2.53

-3.15

Sortino ratioReturn per unit of downside risk
-0.75
3.64

-4.39

Omega ratioGain probability vs. loss probability

0.91

1.46

-0.55

Calmar ratioReturn relative to maximum drawdown

-0.42

3.69

-4.10

Martin ratioReturn relative to average drawdown

-0.76

15.59

-16.34

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 vs. DLN - Sharpe Ratio Comparison

The current ESPO Sharpe Ratio is -0.62, which is lower than the DLN Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of ESPO and DLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

ESPODLNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.62

2.53

-3.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.93

-0.68

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.79

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.53

+0.10

Drawdowns

ESPO vs. DLN - Drawdown Comparison

The maximum ESPO drawdown since its inception was -50.99%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for ESPO and DLN.

Loading charts...

Drawdown Indicators

ESPODLNDifference

Max Drawdown

Largest peak-to-trough decline

-50.99%

-57.84%

+6.85%

Max Drawdown (1Y)

Largest decline over 1 year

-27.81%

-6.10%

-21.71%

Max Drawdown (3Y)

Largest decline over 3 years

-27.81%

-13.71%

-14.10%

Max Drawdown (5Y)

Largest decline over 5 years

-48.33%

-16.26%

-32.07%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.82%

—

Current Drawdown

Current decline from peak

-25.66%

-0.51%

-25.15%

Average Drawdown

Average peak-to-trough decline

-15.03%

-7.52%

-7.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.30%

1.44%

+13.86%

Volatility

ESPO vs. DLN - Volatility Comparison

VanEck Vectors Video Gaming and eSports ETF (ESPO) has a higher volatility of 5.00% compared to WisdomTree US LargeCap Dividend ETF (DLN) at 2.17%. This indicates that ESPO's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ESPODLNDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.00%

2.17%

+2.83%

Volatility (6M)

Calculated over the trailing 6-month period

14.58%

6.77%

+7.81%

Volatility (1Y)

Calculated over the trailing 1-year period

18.85%

8.87%

+9.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.12%

13.26%

+11.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.75%

16.16%

+9.59%

ESPO vs. DLN - Expense Ratio Comparison

ESPO has a 0.55% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

ESPO vs. DLN - Dividend Comparison

ESPO's dividend yield for the trailing twelve months is around 1.44%, less than DLN's 1.79% yield.

PositionTTM20252024202320222021202020192018201720162015
DLN
WisdomTree US LargeCap Dividend ETF		1.79%1.90%2.00%2.43%2.53%2.01%2.66%2.51%2.90%2.33%2.64%2.80%
ESPO
VanEck Vectors Video Gaming and eSports ETF		1.44%1.24%0.44%0.96%0.91%3.36%0.12%0.22%0.04%0.00%0.00%0.00%

Frequently Asked Questions

ESPO and DLN have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ESPO has higher volatility (5.00%) compared to DLN (2.17%). In terms of maximum drawdown, ESPO dropped -50.99% vs DLN's -57.84%.

On 5-year performance, DLN leads with 12.22% vs 6.23% for ESPO. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DLN has performed better with a 12.22% return vs 6.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DLN is cheaper with a 0.28% expense ratio, compared with 0.55% for ESPO.

DLN has the higher dividend yield at 1.79%, compared with 1.44% for ESPO.

ESPO tracks MVIS Global Video Gaming and eSports Index, while DLN tracks WisdomTree LargeCap Dividend Index. They also come from different issuers: VanEck and WisdomTree. Their fees differ too: 0.55% for ESPO and 0.28% for DLN.

DLN currently has the higher Sharpe Ratio (2.53 vs -0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for ESPO and DLN

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer