G2X.DE vs. ESPO
G2X.DE (VanEck Gold Miners UCITS ETF) and ESPO (VanEck Vectors Video Gaming and eSports ETF) are both exchange-traded funds - G2X.DE is a Gold fund tracking the NYSE Arca Gold Miners, while ESPO is a Large Cap Growth Equities fund tracking the MVIS Global Video Gaming and eSports Index. Both are passively managed. Over the past 5 years, G2X.DE returned 18.31%/yr vs 6.45%/yr for ESPO. At a 0.10 correlation, their price movements are largely independent. G2X.DE charges 0.53%/yr vs 0.55%/yr for ESPO.
Performance
G2X.DE vs. ESPO - Performance Comparison
Loading charts...
Different Trading Currencies
G2X.DE is traded in EUR, while ESPO is traded in USD. To make them comparable, the ESPO values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, G2X.DE achieves a -8.45% return, which is significantly higher than ESPO's -13.79% return.
G2X.DE
- 1D
- 5.67%
- 1M
- -14.87%
- YTD
- -8.45%
- 6M
- -4.07%
- 1Y
- 47.29%
- 3Y*
- 35.39%
- 5Y*
- 18.31%
- 10Y*
- 12.83%
ESPO
- 1D
- -0.21%
- 1M
- -1.88%
- YTD
- -13.79%
- 6M
- -14.93%
- 1Y
- -14.14%
- 3Y*
- 14.27%
- 5Y*
- 6.45%
- 10Y*
- —
G2X.DE vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
G2X.DE VanEck Gold Miners UCITS ETF | -8.45% | 131.10% | 17.58% | 5.59% | -0.03% | -4.26% | 13.26% | 40.99% | 6.82% |
ESPO VanEck Vectors Video Gaming and eSports ETF | -13.79% | 10.87% | 57.36% | 29.64% | -30.66% | 5.19% | 68.77% | 45.57% | -12.22% |
Correlation
The correlation between G2X.DE and ESPO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.10 |
The correlation between G2X.DE and ESPO shifts across timeframes, from 0.10 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
G2X.DE vs. ESPO — Risk / Return Rank
G2X.DE
ESPO
G2X.DE vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Gold Miners UCITS ETF (G2X.DE) 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.
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.
| G2X.DE | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.87 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | -0.56 | +2.08 |
| Martin ratioReturn relative to average drawdown | 4.22 | -0.95 | +5.17 |
Loading charts...
Drawdowns
G2X.DE vs. ESPO - Drawdown Comparison
The maximum G2X.DE drawdown since its inception was -46.04%, which is greater than ESPO's maximum drawdown of -40.76%. Use the drawdown chart below to compare losses from any high point for G2X.DE and ESPO.
Loading charts...
Drawdown Indicators
| G2X.DE | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.04% | -40.76% | -5.28% |
Max Drawdown (1Y)Largest decline over 1 year | -33.45% | -26.46% | -6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -33.45% | -26.46% | -6.99% |
Max Drawdown (5Y)Largest decline over 5 years | -38.53% | -40.76% | +2.23% |
Max Drawdown (10Y)Largest decline over 10 years | -46.04% | — | — |
Current DrawdownCurrent decline from peak | -29.09% | -26.04% | -3.05% |
Average DrawdownAverage peak-to-trough decline | -19.95% | -12.07% | -7.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.02% | 15.55% | -3.53% |
Volatility
G2X.DE vs. ESPO - Volatility Comparison
VanEck Gold Miners UCITS ETF (G2X.DE) has a higher volatility of 14.79% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 4.01%. This indicates that G2X.DE's price experiences larger fluctuations and is considered to be riskier than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| G2X.DE | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.79% | 4.01% | +10.78% |
Volatility (6M)Calculated over the trailing 6-month period | 35.01% | 13.60% | +21.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.27% | 18.00% | +25.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.32% | 23.75% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.37% | 24.98% | +7.39% |
G2X.DE vs. ESPO - Expense Ratio Comparison
G2X.DE has a 0.53% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Dividends
G2X.DE vs. ESPO - Dividend Comparison
G2X.DE has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
G2X.DE VanEck Gold Miners UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
G2X.DE and ESPO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, G2X.DE is cheaper at 0.53% per year. The better choice depends on whether you care most about return, fees, risk, or income.
G2X.DE is cheaper with a 0.53% expense ratio, compared with 0.55% for ESPO.
G2X.DE is categorized as Gold, while ESPO is Large Cap Growth Equities. G2X.DE tracks NYSE Arca Gold Miners, while ESPO tracks MVIS Global Video Gaming and eSports Index. Their fees differ too: 0.53% for G2X.DE and 0.55% for ESPO.
Find the right allocation for G2X.DE and ESPO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer