FSKY.L vs. ESPO

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Cloud Computing UCITS ETF Class A USD Accumulation (FSKY.L) and VanEck Vectors Video Gaming and eSports ETF (ESPO).

FSKY.L and ESPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSKY.L is a passively managed fund by First Trust that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 27, 2018. 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. Both FSKY.L and ESPO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FSKY.L vs. ESPO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in First Trust Cloud Computing UCITS ETF Class A USD Accumulation (FSKY.L) and VanEck Vectors Video Gaming and eSports ETF (ESPO). The values are adjusted to include any dividend payments, if applicable.

FSKY.L vs. ESPO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FSKY.L First Trust Cloud Computing UCITS ETF Class A USD Accumulation	-14.78%	1.06%	37.83%	47.12%	-39.21%	12.29%	54.03%	20.71%	0.00%
ESPO VanEck Vectors Video Gaming and eSports ETF	-10.78%	16.83%	50.19%	26.96%	-26.94%	-1.20%	78.52%	36.94%	-0.44%

Different Trading Currencies

FSKY.L is traded in GBp, while ESPO is traded in USD. To make them comparable, the ESPO values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, FSKY.L achieves a -14.78% return, which is significantly lower than ESPO's -10.78% return.

FSKY.L

• 1D: 2.48%
• 1M: 1.83%
• YTD: -14.78%
• 6M: -16.57%
• 1Y: 4.08%
• 3Y*: 15.53%
• 5Y*: 3.31%
• 10Y*: —

ESPO

• 1D: 0.26%
• 1M: -0.80%
• YTD: -10.78%
• 6M: -23.33%
• 1Y: 2.26%
• 3Y*: 18.00%
• 5Y*: 7.70%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSKY.L vs. ESPO - Expense Ratio Comparison

FSKY.L has a 0.60% expense ratio, which is higher than ESPO's 0.55% expense ratio.

FSKY.L

First Trust Cloud Computing UCITS ETF Class A USD Accumulation

ESPO

VanEck Vectors Video Gaming and eSports ETF

Return for Risk

FSKY.L vs. ESPO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSKY.L

FSKY.L Risk / Return Rank: 15
FSKY.L Sharpe Ratio Rank: 15
FSKY.L Sortino Ratio Rank: 16
FSKY.L Omega Ratio Rank: 16
FSKY.L Calmar Ratio Rank: 13
FSKY.L Martin Ratio Rank: 13

ESPO

ESPO Risk / Return Rank: 17
ESPO Sharpe Ratio Rank: 17
ESPO Sortino Ratio Rank: 18
ESPO Omega Ratio Rank: 17
ESPO Calmar Ratio Rank: 17
ESPO Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSKY.L vs. ESPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Cloud Computing UCITS ETF Class A USD Accumulation (FSKY.L) and VanEck Vectors Video Gaming and eSports ETF (ESPO). 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.

	FSKY.L	ESPO	Difference
Sharpe ratio Return per unit of total volatility	0.15	0.11	+0.03
Sortino ratio Return per unit of downside risk	0.39	0.30	+0.08
Omega ratio Gain probability vs. loss probability	1.05	1.04	+0.01
Calmar ratio Return relative to maximum drawdown	0.10	0.15	-0.05
Martin ratio Return relative to average drawdown	0.24	0.36	-0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSKY.L vs. ESPO - Sharpe Ratio Comparison

The current FSKY.L Sharpe Ratio is 0.15, which is higher than the ESPO Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of FSKY.L and ESPO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSKY.L	ESPO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.11	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.33	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.67	-0.25

Correlation

The correlation between FSKY.L and ESPO is 0.52, 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.

Dividends

FSKY.L vs. ESPO - Dividend Comparison

FSKY.L has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.42%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FSKY.L First Trust Cloud Computing UCITS ETF Class A USD Accumulation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESPO VanEck Vectors Video Gaming and eSports ETF	1.42%	1.24%	0.44%	0.96%	0.91%	3.36%	0.12%	0.22%	0.04%

Drawdowns

FSKY.L vs. ESPO - Drawdown Comparison

The maximum FSKY.L drawdown since its inception was -47.61%, which is greater than ESPO's maximum drawdown of -39.40%. Use the drawdown chart below to compare losses from any high point for FSKY.L and ESPO.

Drawdown Indicators

	FSKY.L	ESPO	Difference
Max Drawdown Largest peak-to-trough decline	-47.61%	-50.99%	+3.38%
Max Drawdown (1Y) Largest decline over 1 year	-27.00%	-27.81%	+0.81%
Max Drawdown (5Y) Largest decline over 5 years	-47.61%	-48.33%	+0.72%
Current Drawdown Current decline from peak	-23.43%	-24.72%	+1.29%
Average Drawdown Average peak-to-trough decline	-15.62%	-14.81%	-0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.26%	11.48%	-0.22%

Volatility

FSKY.L vs. ESPO - Volatility Comparison

The current volatility for First Trust Cloud Computing UCITS ETF Class A USD Accumulation (FSKY.L) is 5.96%, while VanEck Vectors Video Gaming and eSports ETF (ESPO) has a volatility of 7.29%. This indicates that FSKY.L experiences smaller price fluctuations and is considered to be less risky than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSKY.L	ESPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.96%	7.29%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	19.28%	13.71%	+5.57%
Volatility (1Y) Calculated over the trailing 1-year period	27.77%	20.35%	+7.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.52%	23.31%	+4.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.09%	24.76%	+2.33%