MMYT vs. ESPO
Compare and contrast key facts about MakeMyTrip Limited (MMYT) and VanEck Vectors Video Gaming and eSports ETF (ESPO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMYT or ESPO.
Performance
MMYT vs. ESPO - Performance Comparison
Returns By Period
In the year-to-date period, MMYT achieves a 133.48% return, which is significantly higher than ESPO's 45.14% return.
MMYT
133.48%
6.51%
46.94%
158.34%
34.08%
14.27%
ESPO
45.14%
12.00%
27.76%
49.91%
19.54%
N/A
Key characteristics
| MMYT | ESPO | |
|---|---|---|
| Sharpe Ratio | 3.11 | 2.38 |
| Sortino Ratio | 3.28 | 3.36 |
| Omega Ratio | 1.45 | 1.40 |
| Calmar Ratio | 7.48 | 1.67 |
| Martin Ratio | 22.01 | 14.63 |
| Ulcer Index | 7.20% | 3.44% |
| Daily Std Dev | 51.00% | 21.18% |
| Max Drawdown | -73.45% | -50.99% |
| Current Drawdown | -3.31% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between MMYT and ESPO is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
MMYT vs. ESPO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) 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
MMYT vs. ESPO - Dividend Comparison
MMYT has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
MMYT MakeMyTrip Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
MMYT vs. ESPO - Drawdown Comparison
The maximum MMYT drawdown since its inception was -73.45%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for MMYT and ESPO. For additional features, visit the drawdowns tool.
Volatility
MMYT vs. ESPO - Volatility Comparison
MakeMyTrip Limited (MMYT) has a higher volatility of 18.11% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 7.48%. This indicates that MMYT'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.