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SILG.L vs. ESPO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SILG.L vs. ESPO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) and VanEck Vectors Video Gaming and eSports ETF (ESPO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SILG.L is traded in GBP, while ESPO is traded in USD. To make them comparable, the ESPO values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SILG.L achieves a -9.34% return, which is significantly higher than ESPO's -14.67% return.


SILG.L

1D
0.00%
1M
-24.12%
YTD
-9.34%
6M
-6.79%
1Y
62.90%
3Y*
39.52%
5Y*
10Y*

ESPO

1D
-0.21%
1M
-2.76%
YTD
-14.67%
6M
-16.37%
1Y
-12.94%
3Y*
14.60%
5Y*
6.58%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SILG.L vs. ESPO - Yearly Performance Comparison


2026 (YTD)2025202420232022
SILG.L
Global X Silver Miners UCITS ETF USD Accumulating
-9.34%153.98%13.53%-6.34%-8.01%
ESPO
VanEck Vectors Video Gaming and eSports ETF
-14.67%16.83%50.19%26.96%-11.46%

Correlation

The correlation between SILG.L and ESPO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (All Time)
Calculated using the full available price history since May 6, 2022

0.16

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Return for Risk

SILG.L vs. ESPO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SILG.L
SILG.L Risk / Return Rank: 3838
Overall Rank
SILG.L Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
SILG.L Sortino Ratio Rank: 3838
Sortino Ratio Rank
SILG.L Omega Ratio Rank: 3838
Omega Ratio Rank
SILG.L Calmar Ratio Rank: 4040
Calmar Ratio Rank
SILG.L Martin Ratio Rank: 3434
Martin Ratio Rank

ESPO
ESPO Risk / Return Rank: 44
Overall Rank
ESPO Sharpe Ratio Rank: 33
Sharpe Ratio Rank
ESPO Sortino Ratio Rank: 44
Sortino Ratio Rank
ESPO Omega Ratio Rank: 44
Omega Ratio Rank
ESPO Calmar Ratio Rank: 55
Calmar Ratio Rank
ESPO Martin Ratio Rank: 55
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SILG.L vs. ESPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) 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.


SILG.LESPODifference
Sharpe ratioReturn per unit of total volatility

+2.03

Sortino ratioReturn per unit of downside risk

+2.76

Omega ratioGain probability vs. loss probability

1.22

0.88

+0.34

Calmar ratioReturn relative to maximum drawdown

1.76

-0.50

+2.26

Martin ratioReturn relative to average drawdown

4.63

-0.86

+5.50

SILG.L vs. ESPO - Sharpe Ratio Comparison

The current SILG.L Sharpe Ratio is 1.25, which is higher than the ESPO Sharpe Ratio of -0.78. The chart below compares the historical Sharpe Ratios of SILG.L and ESPO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SILG.L vs. ESPO - Drawdown Comparison

The maximum SILG.L drawdown since its inception was -35.90%, smaller than the maximum ESPO drawdown of -39.40%. Use the drawdown chart below to compare losses from any high point for SILG.L and ESPO.


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Drawdown Indicators


SILG.LESPODifference

Max Drawdown

Largest peak-to-trough decline

-35.90%

-39.40%

+3.50%

Max Drawdown (1Y)

Largest decline over 1 year

-35.90%

-27.08%

-8.82%

Max Drawdown (3Y)

Largest decline over 3 years

-35.90%

-27.08%

-8.82%

Max Drawdown (5Y)

Largest decline over 5 years

-38.04%

Current Drawdown

Current decline from peak

-35.25%

-26.86%

-8.39%

Average Drawdown

Average peak-to-trough decline

-12.61%

-12.24%

-0.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.61%

15.78%

-2.17%

Volatility

SILG.L vs. ESPO - Volatility Comparison

Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) has a higher volatility of 15.15% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 3.82%. This indicates that SILG.L'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


SILG.LESPODifference

Volatility (1M)

Calculated over the trailing 1-month period

15.15%

3.82%

+11.33%

Volatility (6M)

Calculated over the trailing 6-month period

41.29%

13.32%

+27.97%

Volatility (1Y)

Calculated over the trailing 1-year period

50.46%

17.44%

+33.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.70%

23.15%

+16.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.70%

24.56%

+15.14%

SILG.L vs. ESPO - Expense Ratio Comparison

SILG.L has a 0.65% expense ratio, which is higher than ESPO's 0.55% expense ratio.


Dividends

SILG.L vs. ESPO - Dividend Comparison

SILG.L has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.47%.


PositionTTM20252024202320222021202020192018
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%
SILG.L
Global X Silver Miners UCITS ETF USD Accumulating
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


SILG.L and ESPO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ESPO is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ESPO is cheaper with a 0.55% expense ratio, compared with 0.65% for SILG.L.

SILG.L is categorized as Silver, while ESPO is Large Cap Growth Equities. SILG.L tracks Solactive Global Silver Miners Total Return v2 Index, while ESPO tracks MVIS Global Video Gaming and eSports Index. They also come from different issuers: Global X and VanEck. Their fees differ too: 0.65% for SILG.L and 0.55% for ESPO.

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