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ESPO vs. HERO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ESPOHERO
YTD Return10.21%2.63%
1Y Return21.05%4.00%
3Y Return (Ann)-0.76%-12.09%
Sharpe Ratio1.160.28
Daily Std Dev19.53%19.41%
Max Drawdown-50.99%-54.02%
Current Drawdown-18.68%-42.99%

Correlation

0.91
-1.001.00

The correlation between ESPO and HERO is 0.91, 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 vs. HERO - Performance Comparison

In the year-to-date period, ESPO achieves a 10.21% return, which is significantly higher than HERO's 2.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%OctoberNovemberDecember2024FebruaryMarch
92.43%
41.43%
ESPO
HERO

Compare stocks, funds, or ETFs


VanEck Vectors Video Gaming and eSports ETF

Global X Video Games & Esports ETF

ESPO vs. HERO - Expense Ratio Comparison

ESPO has a 0.55% expense ratio, which is higher than HERO's 0.50% expense ratio.

ESPO
VanEck Vectors Video Gaming and eSports ETF
0.50%1.00%1.50%2.00%0.55%
0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

ESPO vs. HERO - Risk-Adjusted Performance Comparison

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


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ESPO
VanEck Vectors Video Gaming and eSports ETF
1.16
HERO
Global X Video Games & Esports ETF
0.28

ESPO vs. HERO - Sharpe Ratio Comparison

The current ESPO Sharpe Ratio is 1.16, which is higher than the HERO Sharpe Ratio of 0.28. The chart below compares the 12-month rolling Sharpe Ratio of ESPO and HERO.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00OctoberNovemberDecember2024FebruaryMarch
1.16
0.28
ESPO
HERO

Dividends

ESPO vs. HERO - Dividend Comparison

ESPO's dividend yield for the trailing twelve months is around 0.87%, more than HERO's 0.71% yield.


TTM202320222021202020192018
ESPO
VanEck Vectors Video Gaming and eSports ETF
0.87%0.96%0.91%3.36%0.12%0.22%0.04%
HERO
Global X Video Games & Esports ETF
0.71%0.73%0.28%0.79%0.71%0.17%0.00%

Drawdowns

ESPO vs. HERO - Drawdown Comparison

The maximum ESPO drawdown since its inception was -50.99%, smaller than the maximum HERO drawdown of -54.02%. The drawdown chart below compares losses from any high point along the way for ESPO and HERO


-50.00%-40.00%-30.00%-20.00%OctoberNovemberDecember2024FebruaryMarch
-18.68%
-42.99%
ESPO
HERO

Volatility

ESPO vs. HERO - Volatility Comparison

The current volatility for VanEck Vectors Video Gaming and eSports ETF (ESPO) is 4.75%, while Global X Video Games & Esports ETF (HERO) has a volatility of 5.46%. This indicates that ESPO 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.


4.00%5.00%6.00%7.00%OctoberNovemberDecember2024FebruaryMarch
4.75%
5.46%
ESPO
HERO