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.
Performance
HERO vs. ESPO - Performance Comparison
Returns By Period
In the year-to-date period, HERO achieves a 16.58% return, which is significantly lower than ESPO's 45.14% return.
HERO
16.58%
1.91%
14.21%
18.10%
9.14%
N/A
ESPO
45.14%
12.00%
27.76%
49.91%
19.54%
N/A
Key characteristics
| HERO | ESPO | |
|---|---|---|
| Sharpe Ratio | 0.87 | 2.38 |
| Sortino Ratio | 1.30 | 3.36 |
| Omega Ratio | 1.15 | 1.40 |
| Calmar Ratio | 0.39 | 1.67 |
| Martin Ratio | 5.18 | 14.63 |
| Ulcer Index | 3.60% | 3.44% |
| Daily Std Dev | 21.34% | 21.18% |
| Max Drawdown | -54.02% | -50.99% |
| Current Drawdown | -35.23% | 0.00% |
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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.
Correlation
The correlation between HERO and ESPO is 0.89, 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
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 0.69%, more than ESPO's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
HERO Global X Video Games & Esports ETF | 0.69% | 0.73% | 0.28% | 0.79% | 0.71% | 0.17% | 0.00% |
ESPO VanEck Vectors Video Gaming and eSports ETF | 0.66% | 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
The current volatility for Global X Video Games & Esports ETF (HERO) is 6.31%, while VanEck Vectors Video Gaming and eSports ETF (ESPO) has a volatility of 7.48%. This indicates that HERO 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.