GAMR vs. ESPO
Compare and contrast key facts about Wedbush ETFMG Video Game Tech ETF (GAMR) and VanEck Vectors Video Gaming and eSports ETF (ESPO).
GAMR and ESPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GAMR is a passively managed fund by ETFMG that tracks the performance of the EEFund Video Game Tech Index. It was launched on Mar 8, 2016. 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 GAMR 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAMR or ESPO.
Performance
GAMR vs. ESPO - Performance Comparison
Returns By Period
In the year-to-date period, GAMR achieves a 8.86% return, which is significantly lower than ESPO's 43.06% return.
GAMR
8.86%
0.76%
4.11%
13.44%
9.79%
N/A
ESPO
43.06%
10.12%
22.43%
46.75%
19.20%
N/A
Key characteristics
| GAMR | ESPO | |
|---|---|---|
| Sharpe Ratio | 0.71 | 2.29 |
| Sortino Ratio | 1.10 | 3.27 |
| Omega Ratio | 1.14 | 1.38 |
| Calmar Ratio | 0.30 | 1.61 |
| Martin Ratio | 3.60 | 14.11 |
| Ulcer Index | 4.16% | 3.44% |
| Daily Std Dev | 21.20% | 21.20% |
| Max Drawdown | -54.16% | -50.99% |
| Current Drawdown | -39.82% | 0.00% |
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GAMR vs. ESPO - Expense Ratio Comparison
GAMR has a 0.75% expense ratio, which is higher than ESPO's 0.55% expense ratio.
Correlation
The correlation between GAMR and ESPO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
GAMR vs. ESPO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wedbush ETFMG Video Game Tech ETF (GAMR) 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.
Dividends
GAMR vs. ESPO - Dividend Comparison
GAMR's dividend yield for the trailing twelve months is around 0.07%, less than ESPO's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
GAMR Wedbush ETFMG Video Game Tech ETF | 0.07% | 0.03% | 0.00% | 2.69% | 0.92% | 1.56% | 1.56% | 0.46% | 1.89% |
ESPO VanEck Vectors Video Gaming and eSports ETF | 0.67% | 0.96% | 0.91% | 3.37% | 0.12% | 0.22% | 0.04% | 0.00% | 0.00% |
Drawdowns
GAMR vs. ESPO - Drawdown Comparison
The maximum GAMR drawdown since its inception was -54.16%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for GAMR and ESPO. For additional features, visit the drawdowns tool.
Volatility
GAMR vs. ESPO - Volatility Comparison
Wedbush ETFMG Video Game Tech ETF (GAMR) and VanEck Vectors Video Gaming and eSports ETF (ESPO) have volatilities of 7.41% and 7.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.