ESPO vs. MDLZ
ESPO (VanEck Video Gaming and eSports ETF) is Gaming fund tracking the MVIS Global Video Gaming and eSports Index, while MDLZ (Mondelez International, Inc.) is a stock. Over the past 5 years, ESPO returned 8.32%/yr vs 2.38%/yr for MDLZ. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
ESPO vs. MDLZ - Performance Comparison
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Returns By Period
In the year-to-date period, ESPO achieves a -9.09% return, which is significantly lower than MDLZ's 17.73% return.
ESPO
- 1D
- -3.16%
- 1M
- 2.45%
- 6M
- -5.98%
- YTD
- -9.09%
- 1Y
- -10.16%
- 3Y*
- 18.46%
- 5Y*
- 8.32%
- 10Y*
- —
- ALL TIME*
- 16.59%
MDLZ
- 1D
- -1.22%
- 1M
- 2.30%
- 6M
- 8.39%
- YTD
- 17.73%
- 1Y
- 0.85%
- 3Y*
- -2.95%
- 5Y*
- 2.38%
- 10Y*
- 6.26%
- ALL TIME*
- 7.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.98M | $1.50M | $1.55M | |
| $659.78M | $585.31M | $549.68M |
ESPO vs. MDLZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Video Gaming and eSports ETF | -9.09% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
MDLZ Mondelez International, Inc. | 17.73% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -2.40% |
Correlation
The correlation between ESPO and MDLZ is -0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.18 |
The correlation between ESPO and MDLZ shifts across timeframes, from -0.00 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ESPO vs. MDLZ — Risk / Return Rank
ESPO
MDLZ
ESPO vs. MDLZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Video Gaming and eSports ETF (ESPO) and Mondelez International, Inc. (MDLZ). 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 | MDLZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.02 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | -0.02 | -0.37 |
| Martin ratioReturn relative to average drawdown | -0.62 | -0.04 | -0.58 |
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Drawdowns
ESPO vs. MDLZ - Drawdown Comparison
The maximum ESPO drawdown since its inception was -50.99%, which is greater than MDLZ's maximum drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for ESPO and MDLZ.
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Drawdown Indicators
| ESPO | MDLZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.99% | -42.52% | -8.47% |
Max Drawdown (1Y)Largest decline over 1 year | -29.43% | -18.62% | -10.81% |
Max Drawdown (3Y)Largest decline over 3 years | -29.43% | -29.00% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -48.33% | -29.14% | -19.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.74% | — |
Current DrawdownCurrent decline from peak | -22.03% | -12.81% | -9.22% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -11.06% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.32% | 8.23% | +10.09% |
Volatility
ESPO vs. MDLZ - Volatility Comparison
The current volatility for VanEck Video Gaming and eSports ETF (ESPO) is 6.66%, while Mondelez International, Inc. (MDLZ) has a volatility of 9.83%. This indicates that ESPO experiences smaller price fluctuations and is considered to be less risky than MDLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESPO | MDLZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.66% | 9.83% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.07% | 18.40% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.65% | 23.07% | -3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.12% | 20.09% | +5.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.65% | 21.10% | +4.55% |
Dividends
ESPO vs. MDLZ - Dividend Comparison
ESPO's dividend yield for the trailing twelve months is around 1.37%, less than MDLZ's 3.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Video Gaming and eSports ETF | 1.37% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% | 0.00% | 0.00% | 0.00% |
MDLZ Mondelez International, Inc. | 3.21% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
Frequently Asked Questions
ESPO and MDLZ have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDLZ has higher volatility (9.83%) compared to ESPO (6.66%). In terms of maximum drawdown, ESPO dropped -50.99% vs MDLZ's -42.52%.
MDLZ currently has the higher Sharpe Ratio (-0.01 vs -0.58), 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.
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