RDW vs. ESPO
RDW (Redwire Corporation) is a stock, while ESPO (VanEck Vectors Video Gaming and eSports ETF) is Large Cap Growth Equities fund tracking the MVIS Global Video Gaming and eSports Index. Over the past 3 years, RDW returned 79.83%/yr vs 16.96%/yr for ESPO. At a 0.40 correlation, their price movements are largely independent.
Performance
RDW vs. ESPO - Performance Comparison
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Returns By Period
In the year-to-date period, RDW achieves a 98.95% return, which is significantly higher than ESPO's -15.10% return.
RDW
- 1D
- -11.53%
- 1M
- 31.94%
- YTD
- 98.95%
- 6M
- 107.41%
- 1Y
- -21.74%
- 3Y*
- 79.83%
- 5Y*
- —
- 10Y*
- —
ESPO
- 1D
- -0.29%
- 1M
- -3.31%
- YTD
- -15.10%
- 6M
- -16.17%
- 1Y
- -14.92%
- 3Y*
- 16.96%
- 5Y*
- 5.49%
- 10Y*
- —
RDW vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RDW Redwire Corporation | 98.95% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
ESPO VanEck Vectors Video Gaming and eSports ETF | -15.10% | 25.79% | 47.61% | 33.64% | -34.71% | -1.86% |
Correlation
The correlation between RDW and ESPO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.40 |
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Return for Risk
RDW vs. ESPO — Risk / Return Rank
RDW
ESPO
RDW vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) 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.
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.
| RDW | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.88 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | -0.54 | +0.25 |
| Martin ratioReturn relative to average drawdown | -0.42 | -0.94 | +0.52 |
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Drawdowns
RDW vs. ESPO - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for RDW and ESPO.
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Drawdown Indicators
| RDW | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -50.99% | -36.27% |
Max Drawdown (1Y)Largest decline over 1 year | -75.40% | -27.81% | -47.59% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -27.81% | -52.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.33% | — |
Current DrawdownCurrent decline from peak | -41.62% | -27.19% | -14.43% |
Average DrawdownAverage peak-to-trough decline | -59.30% | -15.06% | -44.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.88% | 15.95% | +35.93% |
Volatility
RDW vs. ESPO - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 53.68% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 4.42%. This indicates that RDW'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
| RDW | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.68% | 4.42% | +49.26% |
Volatility (6M)Calculated over the trailing 6-month period | 94.49% | 14.67% | +79.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.63% | 18.83% | +99.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.83% | 25.10% | +71.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.83% | 25.71% | +71.12% |
Dividends
RDW vs. ESPO - Dividend Comparison
RDW has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Vectors Video Gaming and eSports ETF | 1.47% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% |
RDW Redwire Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RDW and ESPO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (53.68%) compared to ESPO (4.42%). In terms of maximum drawdown, RDW dropped -87.26% vs ESPO's -50.99%.
RDW currently has the higher Sharpe Ratio (-0.18 vs -0.80), 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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