ESPO vs. MSFT
Compare and contrast key facts about VanEck Vectors Video Gaming and eSports ETF (ESPO) and Microsoft Corporation (MSFT).
ESPO is a passively managed fund by VanEck that tracks the performance of the MVIS Global Video Gaming and eSports Index. It was launched on Oct 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESPO or MSFT.
Key characteristics
ESPO | MSFT | |
---|---|---|
YTD Return | 10.54% | 12.28% |
1Y Return | 23.07% | 54.38% |
3Y Return (Ann) | -0.69% | 22.33% |
5Y Return (Ann) | 15.92% | 30.37% |
Sharpe Ratio | 1.17 | 2.42 |
Daily Std Dev | 19.53% | 22.19% |
Max Drawdown | -50.99% | -69.41% |
Current Drawdown | -18.43% | -1.85% |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
VanEck Vectors Video Gaming and eSports ETF | 1.17 | ||||
Microsoft Corporation | 2.42 |
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.