MDLZ vs. ESPO
MDLZ (Mondelez International, Inc.) is a stock, while ESPO (VanEck Video Gaming and eSports ETF) is Gaming fund tracking the MVIS Global Video Gaming and eSports Index. Over the past 5 years, MDLZ returned 1.76%/yr vs 7.56%/yr for ESPO. At a 0.18 correlation, their price movements are largely independent.
Performance
MDLZ vs. ESPO - Performance Comparison
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Returns By Period
In the year-to-date period, MDLZ achieves a 16.05% return, which is significantly higher than ESPO's -11.52% return.
MDLZ
- 1D
- 4.60%
- 1M
- -0.35%
- 6M
- 9.02%
- YTD
- 16.05%
- 1Y
- -5.80%
- 3Y*
- -2.35%
- 5Y*
- 1.76%
- 10Y*
- 5.53%
ESPO
- 1D
- -0.34%
- 1M
- 3.26%
- 6M
- -13.63%
- YTD
- -11.52%
- 1Y
- -13.39%
- 3Y*
- 17.03%
- 5Y*
- 7.56%
- 10Y*
- —
MDLZ vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 16.05% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -2.40% |
ESPO VanEck Video Gaming and eSports ETF | -11.52% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
Correlation
The correlation between MDLZ and ESPO is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.18 |
The correlation between MDLZ and ESPO shifts across timeframes, from -0.03 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MDLZ vs. ESPO — Risk / Return Rank
MDLZ
ESPO
MDLZ vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mondelez International, Inc. (MDLZ) 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.
| MDLZ | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.89 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.46 | +0.23 |
| Martin ratioReturn relative to average drawdown | -0.38 | -0.76 | +0.38 |
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Drawdowns
MDLZ vs. ESPO - Drawdown Comparison
The maximum MDLZ drawdown since its inception was -42.52%, smaller than the maximum ESPO drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for MDLZ and ESPO.
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Drawdown Indicators
| MDLZ | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.52% | -50.99% | +8.47% |
Max Drawdown (1Y)Largest decline over 1 year | -25.93% | -29.43% | +3.50% |
Max Drawdown (3Y)Largest decline over 3 years | -29.00% | -29.43% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | -48.33% | +19.19% |
Max Drawdown (10Y)Largest decline over 10 years | -29.74% | — | — |
Current DrawdownCurrent decline from peak | -14.06% | -24.12% | +10.06% |
Average DrawdownAverage peak-to-trough decline | -11.05% | -15.18% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.14% | 17.64% | -2.50% |
Volatility
MDLZ vs. ESPO - Volatility Comparison
Mondelez International, Inc. (MDLZ) has a higher volatility of 9.47% compared to VanEck Video Gaming and eSports ETF (ESPO) at 4.87%. This indicates that MDLZ'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
| MDLZ | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.47% | 4.87% | +4.60% |
Volatility (6M)Calculated over the trailing 6-month period | 17.68% | 15.06% | +2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.53% | 18.83% | +4.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.94% | 25.09% | -5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.04% | 25.62% | -4.58% |
Dividends
MDLZ vs. ESPO - Dividend Comparison
MDLZ's dividend yield for the trailing twelve months is around 3.26%, more 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% |
MDLZ Mondelez International, Inc. | 3.26% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
Frequently Asked Questions
MDLZ and ESPO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDLZ has higher volatility (9.47%) compared to ESPO (4.87%). In terms of maximum drawdown, MDLZ dropped -42.52% vs ESPO's -50.99%.
MDLZ currently has the higher Sharpe Ratio (-0.25 vs -0.72), 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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