ESPO vs. FBCG

Last updated Jun 13, 2026

ESPO (VanEck Vectors Video Gaming and eSports ETF) and FBCG (Fidelity Blue Chip Growth ETF) are both Large Cap Growth Equities funds. ESPO is passively managed, while FBCG is actively managed. Over the past 5 years, ESPO returned 5.49%/yr vs 14.46%/yr for FBCG. A 0.77 correlation means they provide meaningful diversification when combined. ESPO charges 0.55%/yr vs 0.59%/yr for FBCG.

Performance

ESPO vs. FBCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Video Gaming and eSports ETF (ESPO) and Fidelity Blue Chip Growth ETF (FBCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESPO achieves a -15.10% return, which is significantly lower than FBCG's 11.31% return.

ESPO

• 1D: -0.29%
• 1M: -3.31%
• YTD: -15.10%
• 6M: -16.17%
• 1Y: -14.92%
• 3Y*: 16.96%
• 5Y*: 5.49%
• 10Y*: —

FBCG

• 1D: 0.25%
• 1M: -0.54%
• YTD: 11.31%
• 6M: 12.74%
• 1Y: 32.07%
• 3Y*: 28.04%
• 5Y*: 14.46%
• 10Y*: —

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

ESPO vs. FBCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESPO VanEck Vectors Video Gaming and eSports ETF	-15.10%	25.79%	47.61%	33.64%	-34.71%	-2.13%	45.58%
FBCG Fidelity Blue Chip Growth ETF	11.31%	18.60%	39.05%	57.98%	-39.10%	21.34%	41.44%

Correlation

The correlation between ESPO and FBCG is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.77

The correlation between ESPO and FBCG shifts across timeframes, from 0.64 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

ESPO vs. FBCG - Sectors Allocation Comparison

Sectors	ESPO	FBCG
Communication Services	78.1%	16.6%
Consumer Cyclical	13.8%	17.2%
Technology	8.2%	48.3%
Basic Materials	-	0.6%
Consumer Defensive	-	1.3%
Energy	-	0.4%
Financial Services	-	2.2%
Healthcare	-	6.7%
Industrials	-	5.7%
Real Estate	-	0.7%
Utilities	-	0.5%

Return for Risk

ESPO vs. FBCG — Risk / Return Rank

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

ESPO

ESPO Risk / Return Rank: 4
ESPO Sharpe Ratio Rank: 3
ESPO Sortino Ratio Rank: 4
ESPO Omega Ratio Rank: 4
ESPO Calmar Ratio Rank: 5
ESPO Martin Ratio Rank: 5

FBCG

FBCG Risk / Return Rank: 53
FBCG Sharpe Ratio Rank: 56
FBCG Sortino Ratio Rank: 52
FBCG Omega Ratio Rank: 53
FBCG Calmar Ratio Rank: 48
FBCG Martin Ratio Rank: 53

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. FBCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Video Gaming and eSports ETF (ESPO) and Fidelity Blue Chip Growth ETF (FBCG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ESPO	FBCG	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	1.66	-2.46
Sortino ratio: Return per unit of downside risk	-1.02	2.24	-3.26
Omega ratio: Gain probability vs. loss probability	0.88	1.29	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.54	2.12	-2.66
Martin ratio: Return relative to average drawdown	-0.94	8.07	-9.01

ESPO vs. FBCG - Sharpe Ratio Comparison

The current ESPO Sharpe Ratio is -0.80, which is lower than the FBCG Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ESPO and FBCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ESPO vs. FBCG - Drawdown Comparison

The maximum ESPO drawdown since its inception was -50.99%, which is greater than FBCG's maximum drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for ESPO and FBCG.

Drawdown Indicators

	ESPO	FBCG	Difference
Max Drawdown Largest peak-to-trough decline	-50.99%	-43.56%	-7.43%
Max Drawdown (1Y) Largest decline over 1 year	-27.81%	-15.17%	-12.64%
Max Drawdown (3Y) Largest decline over 3 years	-27.81%	-27.89%	+0.08%
Max Drawdown (5Y) Largest decline over 5 years	-48.33%	-43.56%	-4.77%
Current Drawdown Current decline from peak	-27.19%	-4.71%	-22.48%
Average Drawdown Average peak-to-trough decline	-15.06%	-11.45%	-3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.95%	3.99%	+11.96%

Volatility

ESPO vs. FBCG - Volatility Comparison

The current volatility for VanEck Vectors Video Gaming and eSports ETF (ESPO) is 4.42%, while Fidelity Blue Chip Growth ETF (FBCG) has a volatility of 7.21%. This indicates that ESPO experiences smaller price fluctuations and is considered to be less risky than FBCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESPO	FBCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	7.21%	-2.79%
Volatility (6M) Calculated over the trailing 6-month period	14.67%	15.09%	-0.42%
Volatility (1Y) Calculated over the trailing 1-year period	18.83%	19.38%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.10%	25.90%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.71%	25.77%	-0.06%

ESPO vs. FBCG - Expense Ratio Comparison

ESPO has a 0.55% expense ratio, which is lower than FBCG's 0.59% expense ratio.

Dividends

ESPO vs. FBCG - Dividend Comparison

ESPO's dividend yield for the trailing twelve months is around 1.47%, more than FBCG's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ESPO VanEck Vectors Video Gaming and eSports ETF	1.47%	1.24%	0.44%	0.96%	0.91%	3.36%	0.12%	0.22%	0.04%
FBCG Fidelity Blue Chip Growth ETF	0.04%	0.05%	0.12%	0.02%	0.00%	0.00%	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ESPO and FBCG in my portfolio?

ESPO and FBCG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESPO or FBCG?

FBCG has higher volatility (7.21%) compared to ESPO (4.42%). In terms of maximum drawdown, ESPO dropped -50.99% vs FBCG's -43.56%.

Which ETF is better, ESPO or FBCG?

On 5-year performance, FBCG leads with 14.46% vs 5.49% for ESPO. On fees, ESPO is cheaper at 0.55% per year. On volatility, ESPO has been the lower-risk option at 4.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ESPO or FBCG?

Over the 5-year period, FBCG has performed better with a 14.46% return vs 5.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ESPO or FBCG?

ESPO is cheaper with a 0.55% expense ratio, compared with 0.59% for FBCG.

Which ETF pays a higher dividend yield, ESPO or FBCG?

ESPO has the higher dividend yield at 1.47%, compared with 0.04% for FBCG.

What is the main difference between ESPO and FBCG?

They also come from different issuers: VanEck and Fidelity. Their fees differ too: 0.55% for ESPO and 0.59% for FBCG.

Which has better risk-adjusted returns?

FBCG currently has the higher Sharpe Ratio (1.66 vs -0.80), 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.