NERD vs. ESPO
Compare and contrast key facts about Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) and VanEck Vectors Video Gaming and eSports ETF (ESPO).
NERD and ESPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NERD is a passively managed fund by Roundhill Investments that tracks the performance of the Roundhill BITKRAFT Esports Index. It was launched on Jun 4, 2019. 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. Both NERD and ESPO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NERD or ESPO.
Performance
NERD vs. ESPO - Performance Comparison
Returns By Period
In the year-to-date period, NERD achieves a 27.26% return, which is significantly lower than ESPO's 46.08% return.
NERD
27.26%
13.46%
27.66%
33.28%
6.15%
N/A
ESPO
46.08%
13.68%
27.39%
50.87%
19.68%
N/A
Key characteristics
| NERD | ESPO | |
|---|---|---|
| Sharpe Ratio | 1.80 | 2.40 |
| Sortino Ratio | 2.52 | 3.39 |
| Omega Ratio | 1.32 | 1.40 |
| Calmar Ratio | 0.53 | 1.69 |
| Martin Ratio | 9.10 | 14.79 |
| Ulcer Index | 3.66% | 3.44% |
| Daily Std Dev | 18.46% | 21.19% |
| Max Drawdown | -65.58% | -50.99% |
| Current Drawdown | -47.85% | 0.00% |
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NERD vs. ESPO - Expense Ratio Comparison
NERD has a 0.25% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Correlation
The correlation between NERD and ESPO is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NERD vs. ESPO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) 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
NERD vs. ESPO - Dividend Comparison
NERD's dividend yield for the trailing twelve months is around 0.84%, more than ESPO's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF | 0.84% | 1.07% | 0.69% | 0.02% | 1.05% | 0.31% | 0.00% |
ESPO VanEck Vectors Video Gaming and eSports ETF | 0.65% | 0.96% | 0.91% | 3.37% | 0.12% | 0.22% | 0.04% |
Drawdowns
NERD vs. ESPO - Drawdown Comparison
The maximum NERD drawdown since its inception was -65.58%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for NERD and ESPO. For additional features, visit the drawdowns tool.
Volatility
NERD vs. ESPO - Volatility Comparison
The current volatility for Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) is 6.87%, while VanEck Vectors Video Gaming and eSports ETF (ESPO) has a volatility of 7.48%. This indicates that NERD experiences smaller price fluctuations and is considered to be less risky than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.