V3ET.DE vs. ESP0.DE
V3ET.DE (VanEck Sustainable European Equal Weight UCITS ETF) and ESP0.DE (VanEck Video Gaming and eSports UCITS ETF) are both exchange-traded funds - V3ET.DE is a Europe Equities fund tracking the Solactive European Equity, while ESP0.DE is a Technology Equities fund tracking the MarketVector Global Video Gaming and eSports ESG. Both are passively managed. Over the past 5 years, V3ET.DE returned 10.62%/yr vs 7.55%/yr for ESP0.DE. A 0.55 correlation means they provide meaningful diversification when combined. V3ET.DE charges 0.40%/yr vs 0.55%/yr for ESP0.DE.
Performance
V3ET.DE vs. ESP0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, V3ET.DE achieves a 7.08% return, which is significantly higher than ESP0.DE's -13.12% return.
V3ET.DE
- 1D
- 0.54%
- 1M
- 1.32%
- YTD
- 7.08%
- 6M
- 10.00%
- 1Y
- 15.98%
- 3Y*
- 15.79%
- 5Y*
- 10.62%
- 10Y*
- —
ESP0.DE
- 1D
- -0.62%
- 1M
- -0.53%
- YTD
- -13.12%
- 6M
- -16.57%
- 1Y
- -13.84%
- 3Y*
- 16.64%
- 5Y*
- 7.55%
- 10Y*
- —
V3ET.DE vs. ESP0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
V3ET.DE VanEck Sustainable European Equal Weight UCITS ETF | 7.08% | 21.93% | 11.73% | 19.49% | -12.25% | 27.54% | -3.09% | 10.38% |
ESP0.DE VanEck Video Gaming and eSports UCITS ETF | -13.12% | 13.28% | 57.80% | 28.86% | -30.20% | 6.12% | 65.73% | 18.39% |
Correlation
The correlation between V3ET.DE and ESP0.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2019 | 0.55 |
The correlation between V3ET.DE and ESP0.DE has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
V3ET.DE vs. ESP0.DE — Risk / Return Rank
V3ET.DE
ESP0.DE
V3ET.DE vs. ESP0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Sustainable European Equal Weight UCITS ETF (V3ET.DE) and VanEck Video Gaming and eSports UCITS ETF (ESP0.DE). 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.
| V3ET.DE | ESP0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.88 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | -0.53 | +2.11 |
| Martin ratioReturn relative to average drawdown | 5.86 | -0.93 | +6.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| V3ET.DE | ESP0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | -0.81 | +1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.33 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.71 | -0.04 |
Drawdowns
V3ET.DE vs. ESP0.DE - Drawdown Comparison
The maximum V3ET.DE drawdown since its inception was -37.66%, smaller than the maximum ESP0.DE drawdown of -40.11%. Use the drawdown chart below to compare losses from any high point for V3ET.DE and ESP0.DE.
Loading charts...
Drawdown Indicators
| V3ET.DE | ESP0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.66% | -40.11% | +2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.25% | -26.09% | +15.84% |
Max Drawdown (3Y)Largest decline over 3 years | -17.09% | -26.09% | +9.00% |
Max Drawdown (5Y)Largest decline over 5 years | -22.74% | -40.11% | +17.37% |
Current DrawdownCurrent decline from peak | -1.20% | -24.82% | +23.62% |
Average DrawdownAverage peak-to-trough decline | -5.14% | -12.75% | +7.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 14.94% | -12.17% |
Volatility
V3ET.DE vs. ESP0.DE - Volatility Comparison
VanEck Sustainable European Equal Weight UCITS ETF (V3ET.DE) and VanEck Video Gaming and eSports UCITS ETF (ESP0.DE) have volatilities of 4.49% and 4.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| V3ET.DE | ESP0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 4.55% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 11.70% | 13.06% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.13% | 17.18% | -3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.20% | 22.48% | -7.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.67% | 23.16% | -5.49% |
V3ET.DE vs. ESP0.DE - Expense Ratio Comparison
V3ET.DE has a 0.40% expense ratio, which is lower than ESP0.DE's 0.55% expense ratio.
Dividends
V3ET.DE vs. ESP0.DE - Dividend Comparison
V3ET.DE's dividend yield for the trailing twelve months is around 2.69%, while ESP0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ESP0.DE VanEck Video Gaming and eSports UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
V3ET.DE VanEck Sustainable European Equal Weight UCITS ETF | 2.69% | 2.46% | 2.73% | 2.67% | 2.96% | 2.47% | 2.35% | 3.68% |
Frequently Asked Questions
V3ET.DE and ESP0.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, V3ET.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
V3ET.DE is cheaper with a 0.40% expense ratio, compared with 0.55% for ESP0.DE.
V3ET.DE is categorized as Europe Equities, while ESP0.DE is Technology Equities. V3ET.DE tracks Solactive European Equity, while ESP0.DE tracks MarketVector Global Video Gaming and eSports ESG. Their fees differ too: 0.40% for V3ET.DE and 0.55% for ESP0.DE.
Find the right allocation for V3ET.DE and ESP0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer