ESPO vs. WRB
ESPO (VanEck Vectors Video Gaming and eSports ETF) is Large Cap Growth Equities fund tracking the MVIS Global Video Gaming and eSports Index, while WRB (W. R. Berkley Corporation) is a stock. Over the past 5 years, ESPO returned 5.49%/yr vs 17.90%/yr for WRB. At a 0.13 correlation, their price movements are largely independent.
Performance
ESPO vs. WRB - Performance Comparison
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Returns By Period
In the year-to-date period, ESPO achieves a -15.10% return, which is significantly lower than WRB's -2.51% return.
ESPO
- 1D
- -0.29%
- 1M
- -2.74%
- YTD
- -15.10%
- 6M
- -16.17%
- 1Y
- -14.01%
- 3Y*
- 16.96%
- 5Y*
- 5.49%
- 10Y*
- —
WRB
- 1D
- 1.08%
- 1M
- 2.74%
- YTD
- -2.51%
- 6M
- 0.17%
- 1Y
- -4.36%
- 3Y*
- 24.41%
- 5Y*
- 17.90%
- 10Y*
- 17.92%
ESPO vs. WRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Vectors Video Gaming and eSports ETF | -15.10% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
WRB W. R. Berkley Corporation | -2.51% | 23.02% | 27.19% | 0.25% | 33.92% | 27.39% | -3.14% | 43.80% | -0.26% |
Correlation
The correlation between ESPO and WRB is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.13 |
The correlation between ESPO and WRB shifts across timeframes, from -0.11 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ESPO vs. WRB — Risk / Return Rank
ESPO
WRB
ESPO vs. WRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Video Gaming and eSports ETF (ESPO) and W. R. Berkley Corporation (WRB). 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 | WRB | 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 | 0.88 | 0.98 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | -0.29 | -0.25 |
| Martin ratioReturn relative to average drawdown | -0.94 | -0.54 | -0.40 |
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Drawdowns
ESPO vs. WRB - Drawdown Comparison
The maximum ESPO drawdown since its inception was -50.99%, smaller than the maximum WRB drawdown of -69.33%. Use the drawdown chart below to compare losses from any high point for ESPO and WRB.
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Drawdown Indicators
| ESPO | WRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.99% | -69.33% | +18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -27.81% | -17.62% | -10.19% |
Max Drawdown (3Y)Largest decline over 3 years | -27.81% | -17.62% | -10.19% |
Max Drawdown (5Y)Largest decline over 5 years | -48.33% | -26.29% | -22.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.35% | — |
Current DrawdownCurrent decline from peak | -27.19% | -11.49% | -15.70% |
Average DrawdownAverage peak-to-trough decline | -15.06% | -14.58% | -0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.95% | 9.29% | +6.66% |
Volatility
ESPO vs. WRB - Volatility Comparison
The current volatility for VanEck Vectors Video Gaming and eSports ETF (ESPO) is 4.42%, while W. R. Berkley Corporation (WRB) has a volatility of 7.63%. This indicates that ESPO experiences smaller price fluctuations and is considered to be less risky than WRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESPO | WRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 7.63% | -3.21% |
Volatility (6M)Calculated over the trailing 6-month period | 14.67% | 15.08% | -0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.83% | 21.37% | -2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.10% | 22.83% | +2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.71% | 24.56% | +1.15% |
Dividends
ESPO vs. WRB - Dividend Comparison
ESPO's dividend yield for the trailing twelve months is around 1.47%, less than WRB's 2.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
WRB W. R. Berkley Corporation | 2.72% | 2.64% | 2.39% | 2.73% | 1.22% | 2.44% | 0.71% | 2.43% | 2.83% | 2.16% | 2.27% | 0.86% |
Frequently Asked Questions
ESPO and WRB have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WRB has higher volatility (7.63%) compared to ESPO (4.42%). In terms of maximum drawdown, ESPO dropped -50.99% vs WRB's -69.33%.
WRB currently has the higher Sharpe Ratio (-0.24 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.
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