IYH vs. ESPO
IYH (iShares U.S. Healthcare ETF) and ESPO (VanEck Video Gaming and eSports ETF) are both exchange-traded funds - IYH is a Health & Biotech Equities fund tracking the Dow Jones U.S. Health Care Index, while ESPO is a Gaming fund tracking the MVIS Global Video Gaming and eSports Index. Both are passively managed. Over the past 5 years, IYH returned 4.93%/yr vs 7.15%/yr for ESPO. At a 0.43 correlation, their price movements are largely independent. IYH charges 0.43%/yr vs 0.55%/yr for ESPO.
Performance
IYH vs. ESPO - Performance Comparison
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Returns By Period
In the year-to-date period, IYH achieves a 3.48% return, which is significantly higher than ESPO's -11.58% return.
IYH
- 1D
- -1.19%
- 1M
- 6.88%
- 6M
- 2.90%
- YTD
- 3.48%
- 1Y
- 22.59%
- 3Y*
- 6.68%
- 5Y*
- 4.93%
- 10Y*
- 9.38%
- ALL TIME*
- 7.93%
ESPO
- 1D
- 0.44%
- 1M
- 3.78%
- 6M
- -13.33%
- YTD
- -11.58%
- 1Y
- -14.95%
- 3Y*
- 18.26%
- 5Y*
- 7.15%
- 10Y*
- —
- ALL TIME*
- 16.24%
IYH vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IYH iShares U.S. Healthcare ETF | 3.48% | 13.16% | 2.99% | 2.14% | -4.46% | 23.41% | 15.56% | 20.80% | -7.55% |
ESPO VanEck Video Gaming and eSports ETF | -11.58% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
Correlation
The correlation between IYH and ESPO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.43 |
Over the past year, the correlation between IYH and ESPO has dropped to 0.16 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
IYH vs. ESPO - Sectors Allocation Comparison
Sectors
IYH
ESPO
Healthcare
-
Basic Materials
-
-
Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
-
Industrials
-
-
Real Estate
-
-
Technology
-
Utilities
-
-
Healthcare
IYH
ESPO
-
Basic Materials
IYH
-
ESPO
-
Communication Services
IYH
-
ESPO
Consumer Cyclical
IYH
-
ESPO
Consumer Defensive
IYH
-
ESPO
-
Energy
IYH
-
ESPO
-
Financial Services
IYH
-
ESPO
-
Industrials
IYH
-
ESPO
-
Real Estate
IYH
-
ESPO
-
Technology
IYH
-
ESPO
Utilities
IYH
-
ESPO
-
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Return for Risk
IYH vs. ESPO — Risk / Return Rank
IYH
ESPO
IYH vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare ETF (IYH) and VanEck 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.
| IYH | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +3.30 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.88 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | -0.51 | +2.64 |
| Martin ratioReturn relative to average drawdown | 5.00 | -0.84 | +5.84 |
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Drawdowns
IYH vs. ESPO - Drawdown Comparison
The maximum IYH drawdown since its inception was -43.12%, smaller than the maximum ESPO drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for IYH and ESPO.
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Drawdown Indicators
| IYH | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.12% | -50.99% | +7.87% |
Max Drawdown (1Y)Largest decline over 1 year | -10.64% | -29.43% | +18.79% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -29.43% | +11.52% |
Max Drawdown (5Y)Largest decline over 5 years | -17.91% | -48.33% | +30.42% |
Max Drawdown (10Y)Largest decline over 10 years | -28.40% | — | — |
Current DrawdownCurrent decline from peak | -3.71% | -24.17% | +20.46% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -15.19% | +6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 17.77% | -13.24% |
Volatility
IYH vs. ESPO - Volatility Comparison
iShares U.S. Healthcare ETF (IYH) has a higher volatility of 6.30% compared to VanEck Video Gaming and eSports ETF (ESPO) at 4.77%. This indicates that IYH'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.
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Volatility by Period
| IYH | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.30% | 4.77% | +1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 11.87% | 15.06% | -3.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.86% | 18.71% | -2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.19% | 25.09% | -9.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.79% | 25.61% | -8.82% |
IYH vs. ESPO - Expense Ratio Comparison
IYH has a 0.43% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Dividends
IYH vs. ESPO - Dividend Comparison
IYH's dividend yield for the trailing twelve months is around 1.20%, less than ESPO's 1.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Video Gaming and eSports ETF | 1.41% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% | 0.00% | 0.00% | 0.00% |
IYH iShares U.S. Healthcare ETF | 1.20% | 1.19% | 1.25% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.02% |
Frequently Asked Questions
IYH and ESPO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYH has higher volatility (6.30%) compared to ESPO (4.77%). In terms of maximum drawdown, IYH dropped -43.12% vs ESPO's -50.99%.
On 5-year performance, ESPO leads with 7.15% vs 4.93% for IYH. On fees, IYH is cheaper at 0.43% per year. On volatility, ESPO has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ESPO has performed better with a 7.15% return vs 4.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYH is cheaper with a 0.43% expense ratio, compared with 0.55% for ESPO.
ESPO has the higher dividend yield at 1.41%, compared with 1.20% for IYH.
IYH is categorized as Health & Biotech Equities, while ESPO is Gaming. IYH tracks Dow Jones U.S. Health Care Index, while ESPO tracks MVIS Global Video Gaming and eSports Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.43% for IYH and 0.55% for ESPO.
IYH currently has the higher Sharpe Ratio (1.43 vs -0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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