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

Key characteristics


ESPOMSFT
YTD Return10.54%12.28%
1Y Return23.07%54.38%
3Y Return (Ann)-0.69%22.33%
5Y Return (Ann)15.92%30.37%
Sharpe Ratio1.172.42
Daily Std Dev19.53%22.19%
Max Drawdown-50.99%-69.41%
Current Drawdown-18.43%-1.85%

Correlation

0.65
-1.001.00

The correlation between ESPO and MSFT is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ESPO vs. MSFT - Performance Comparison

In the year-to-date period, ESPO achieves a 10.54% return, which is significantly lower than MSFT's 12.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%150.00%200.00%250.00%300.00%OctoberNovemberDecember2024FebruaryMarch
116.11%
303.34%
ESPO
MSFT

Compare stocks, funds, or ETFs


VanEck Vectors Video Gaming and eSports ETF

Microsoft Corporation

Risk-Adjusted Performance

ESPO vs. MSFT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Video Gaming and eSports ETF (ESPO) and Microsoft Corporation (MSFT). 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
1.17
MSFT
Microsoft Corporation
2.42

ESPO vs. MSFT - Sharpe Ratio Comparison

The current ESPO Sharpe Ratio is 1.17, which is lower than the MSFT Sharpe Ratio of 2.42. The chart below compares the 12-month rolling Sharpe Ratio of ESPO and MSFT.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.17
2.42
ESPO
MSFT

Dividends

ESPO vs. MSFT - Dividend Comparison

ESPO's dividend yield for the trailing twelve months is around 0.86%, more than MSFT's 0.68% yield.


TTM20232022202120202019201820172016201520142013
ESPO
VanEck Vectors Video Gaming and eSports ETF
0.86%0.96%0.91%3.36%0.12%0.22%0.04%0.00%0.00%0.00%0.00%0.00%
MSFT
Microsoft Corporation
0.68%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%2.59%

Drawdowns

ESPO vs. MSFT - Drawdown Comparison

The maximum ESPO drawdown since its inception was -50.99%, smaller than the maximum MSFT drawdown of -69.41%. The drawdown chart below compares losses from any high point along the way for ESPO and MSFT


-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-18.43%
-1.85%
ESPO
MSFT

Volatility

ESPO vs. MSFT - Volatility Comparison

The current volatility for VanEck Vectors Video Gaming and eSports ETF (ESPO) is 4.93%, while Microsoft Corporation (MSFT) has a volatility of 6.18%. This indicates that ESPO experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%OctoberNovemberDecember2024FebruaryMarch
4.93%
6.18%
ESPO
MSFT