IVRS vs. ESPO
Compare and contrast key facts about iShares Future Metaverse Tech And Communications ETF (IVRS) and VanEck Vectors Video Gaming and eSports ETF (ESPO).
IVRS and ESPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVRS is a passively managed fund by iShares that tracks the performance of the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net. It was launched on Feb 14, 2023. 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 IVRS 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: IVRS or ESPO.
Correlation
The correlation between IVRS 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.
Performance
IVRS vs. ESPO - Performance Comparison
Key characteristics
IVRS:
0.42
ESPO:
2.18
IVRS:
0.71
ESPO:
3.04
IVRS:
1.08
ESPO:
1.37
IVRS:
0.70
ESPO:
1.66
IVRS:
2.10
ESPO:
13.24
IVRS:
3.52%
ESPO:
3.60%
IVRS:
17.51%
ESPO:
21.83%
IVRS:
-13.50%
ESPO:
-50.99%
IVRS:
-5.85%
ESPO:
-6.12%
Returns By Period
IVRS
0.00%
-2.41%
6.36%
7.39%
N/A
N/A
ESPO
0.00%
-1.18%
25.61%
47.61%
17.90%
N/A
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IVRS vs. ESPO - Expense Ratio Comparison
IVRS has a 0.47% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Risk-Adjusted Performance
IVRS vs. ESPO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) 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
IVRS vs. ESPO - Dividend Comparison
IVRS's dividend yield for the trailing twelve months is around 6.65%, more than ESPO's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
IVRS iShares Future Metaverse Tech And Communications ETF | 6.65% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ESPO VanEck Vectors Video Gaming and eSports ETF | 0.44% | 0.96% | 0.91% | 3.37% | 0.12% | 0.22% | 0.04% |
Drawdowns
IVRS vs. ESPO - Drawdown Comparison
The maximum IVRS drawdown since its inception was -13.50%, smaller than the maximum ESPO drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for IVRS and ESPO. For additional features, visit the drawdowns tool.
Volatility
IVRS vs. ESPO - Volatility Comparison
The current volatility for iShares Future Metaverse Tech And Communications ETF (IVRS) is 5.16%, while VanEck Vectors Video Gaming and eSports ETF (ESPO) has a volatility of 7.76%. This indicates that IVRS 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.