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 2.09%/yr vs 5.31%/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 14.41% return, which is significantly higher than ESPO's -16.33% return.
MDLZ
- 1D
- 2.60%
- 1M
- -1.13%
- YTD
- 14.41%
- 6M
- 14.78%
- 1Y
- -7.89%
- 3Y*
- -3.16%
- 5Y*
- 2.09%
- 10Y*
- 6.19%
ESPO
- 1D
- -0.79%
- 1M
- -2.71%
- YTD
- -16.33%
- 6M
- -16.76%
- 1Y
- -16.63%
- 3Y*
- 17.97%
- 5Y*
- 5.31%
- 10Y*
- —
MDLZ vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 14.41% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -2.40% |
ESPO VanEck Video Gaming and eSports ETF | -16.33% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
Correlation
The correlation between MDLZ and ESPO is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
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 -0.02 (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 | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.86 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | -0.59 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.53 | -1.01 | +0.48 |
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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% | -28.25% | +2.32% |
Max Drawdown (3Y)Largest decline over 3 years | -29.00% | -28.25% | -0.75% |
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 | -15.27% | -28.25% | +12.98% |
Average DrawdownAverage peak-to-trough decline | -11.04% | -15.10% | +4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.80% | 16.49% | -1.69% |
Volatility
MDLZ vs. ESPO - Volatility Comparison
Mondelez International, Inc. (MDLZ) has a higher volatility of 6.66% compared to VanEck Video Gaming and eSports ETF (ESPO) at 4.23%. 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 | 6.66% | 4.23% | +2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 16.82% | 14.64% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.34% | 18.65% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.61% | 25.09% | -5.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 25.68% | -4.67% |
Dividends
MDLZ vs. ESPO - Dividend Comparison
MDLZ's dividend yield for the trailing twelve months is around 3.23%, more than ESPO's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Video Gaming and eSports ETF | 1.49% | 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. | 3.23% | 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 -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDLZ has higher volatility (6.66%) compared to ESPO (4.23%). In terms of maximum drawdown, MDLZ dropped -42.52% vs ESPO's -50.99%.
MDLZ currently has the higher Sharpe Ratio (-0.35 vs -0.90), 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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