NCBDY vs. ESPO
NCBDY (BANDAI NAMCO Holdings 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, NCBDY returned -0.41%/yr vs 5.81%/yr for ESPO. At a 0.29 correlation, their price movements are largely independent.
Performance
NCBDY vs. ESPO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with NCBDY having a -15.08% return and ESPO slightly lower at -15.67%.
NCBDY
- 1D
- 0.72%
- 1M
- -2.85%
- YTD
- -15.08%
- 6M
- -15.34%
- 1Y
- -32.53%
- 3Y*
- 0.38%
- 5Y*
- -0.41%
- 10Y*
- —
ESPO
- 1D
- -1.03%
- 1M
- -1.94%
- YTD
- -15.67%
- 6M
- -15.96%
- 1Y
- -15.18%
- 3Y*
- 18.28%
- 5Y*
- 5.81%
- 10Y*
- —
NCBDY vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NCBDY BANDAI NAMCO Holdings Inc | -15.08% | 13.64% | 18.69% | -2.98% | -20.67% | -11.41% | 46.37% | 30.43% |
ESPO VanEck Video Gaming and eSports ETF | -15.67% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 18.07% |
Correlation
The correlation between NCBDY and ESPO is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2019 | 0.29 |
Over the past year, NCBDY and ESPO have become more correlated (0.54) than their long-term average of 0.29, meaning their price movements have been converging.
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Return for Risk
NCBDY vs. ESPO — Risk / Return Rank
NCBDY
ESPO
NCBDY vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BANDAI NAMCO Holdings Inc (NCBDY) 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.
| NCBDY | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.88 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.55 | -0.23 |
| Martin ratioReturn relative to average drawdown | -1.19 | -0.93 | -0.26 |
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Drawdowns
NCBDY vs. ESPO - Drawdown Comparison
The maximum NCBDY drawdown since its inception was -43.00%, smaller than the maximum ESPO drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for NCBDY and ESPO.
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Drawdown Indicators
| NCBDY | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.00% | -50.99% | +7.99% |
Max Drawdown (1Y)Largest decline over 1 year | -41.96% | -27.81% | -14.15% |
Max Drawdown (3Y)Largest decline over 3 years | -41.96% | -27.81% | -14.15% |
Max Drawdown (5Y)Largest decline over 5 years | -41.96% | -48.33% | +6.37% |
Current DrawdownCurrent decline from peak | -41.23% | -27.68% | -13.55% |
Average DrawdownAverage peak-to-trough decline | -20.50% | -15.10% | -5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.33% | 16.40% | +10.93% |
Volatility
NCBDY vs. ESPO - Volatility Comparison
BANDAI NAMCO Holdings Inc (NCBDY) has a higher volatility of 7.34% compared to VanEck Video Gaming and eSports ETF (ESPO) at 4.46%. This indicates that NCBDY'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
| NCBDY | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.34% | 4.46% | +2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 21.71% | 14.64% | +7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.87% | 18.67% | +13.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.46% | 25.09% | +7.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.16% | 25.68% | +23.48% |
Dividends
NCBDY vs. ESPO - Dividend Comparison
NCBDY has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Video Gaming and eSports ETF | 1.48% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% |
NCBDY BANDAI NAMCO Holdings Inc | 0.00% | 1.55% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NCBDY and ESPO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NCBDY has higher volatility (7.34%) compared to ESPO (4.46%). In terms of maximum drawdown, NCBDY dropped -43.00% vs ESPO's -50.99%.
ESPO currently has the higher Sharpe Ratio (-0.82 vs -1.03), 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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