HERO vs. ESPO
Compare and contrast key facts about Global X Video Games & Esports ETF (HERO) and VanEck Vectors Video Gaming and eSports ETF (ESPO).
HERO and ESPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HERO is a passively managed fund by Global X that tracks the performance of the Solactive Video Games & Esports Index. It was launched on Oct 25, 2019. 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 HERO 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: HERO or ESPO.
Correlation
The correlation between HERO and ESPO is 0.63, 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
HERO vs. ESPO - Performance Comparison
Key characteristics
HERO:
1.77
ESPO:
2.18
HERO:
2.42
ESPO:
2.93
HERO:
1.30
ESPO:
1.37
HERO:
0.92
ESPO:
2.88
HERO:
9.61
ESPO:
10.95
HERO:
4.21%
ESPO:
4.92%
HERO:
22.96%
ESPO:
24.73%
HERO:
-54.02%
ESPO:
-50.99%
HERO:
-20.52%
ESPO:
-1.36%
Returns By Period
In the year-to-date period, HERO achieves a 21.59% return, which is significantly higher than ESPO's 16.06% return.
HERO
21.59%
20.87%
20.05%
40.07%
9.63%
N/A
ESPO
16.06%
20.69%
28.10%
52.79%
18.60%
N/A
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HERO vs. ESPO - Expense Ratio Comparison
HERO has a 0.50% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Risk-Adjusted Performance
HERO vs. ESPO — Risk-Adjusted Performance Rank
HERO
ESPO
HERO vs. ESPO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports ETF (HERO) 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
HERO vs. ESPO - Dividend Comparison
HERO's dividend yield for the trailing twelve months is around 0.87%, more than ESPO's 0.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
HERO Global X Video Games & Esports ETF | 0.87% | 1.06% | 0.73% | 0.28% | 0.79% | 0.71% | 0.17% | 0.00% |
ESPO VanEck Vectors Video Gaming and eSports ETF | 0.38% | 0.44% | 0.96% | 0.91% | 3.37% | 0.12% | 0.22% | 0.04% |
Drawdowns
HERO vs. ESPO - Drawdown Comparison
The maximum HERO drawdown since its inception was -54.02%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for HERO and ESPO. For additional features, visit the drawdowns tool.
Volatility
HERO vs. ESPO - Volatility Comparison
Global X Video Games & Esports ETF (HERO) and VanEck Vectors Video Gaming and eSports ETF (ESPO) have volatilities of 8.40% and 8.32%, 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.