VVMX.DE vs. ESPO
VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and ESPO (VanEck Vectors Video Gaming and eSports ETF) are both exchange-traded funds - VVMX.DE is a Rare Earth & Strategic Metals fund tracking the MVIS Global Rare Earth/Strategic Metals, while ESPO is a Large Cap Growth Equities fund tracking the MVIS Global Video Gaming and eSports Index. Both are passively managed. Over the past 3 years, VVMX.DE returned 3.35%/yr vs 14.27%/yr for ESPO. At a 0.28 correlation, their price movements are largely independent. VVMX.DE charges 0.59%/yr vs 0.55%/yr for ESPO.
Performance
VVMX.DE vs. ESPO - Performance Comparison
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Different Trading Currencies
VVMX.DE is traded in EUR, while ESPO is traded in USD. To make them comparable, the ESPO values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than ESPO's -13.79% return.
VVMX.DE
- 1D
- -1.82%
- 1M
- -3.48%
- YTD
- 30.24%
- 6M
- 37.51%
- 1Y
- 145.03%
- 3Y*
- 3.35%
- 5Y*
- —
- 10Y*
- —
ESPO
- 1D
- -0.21%
- 1M
- -1.88%
- YTD
- -13.79%
- 6M
- -14.93%
- 1Y
- -14.14%
- 3Y*
- 14.27%
- 5Y*
- 6.45%
- 10Y*
- —
VVMX.DE vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.24% | 68.45% | -30.81% | -21.17% | -26.46% | 16.96% |
ESPO VanEck Vectors Video Gaming and eSports ETF | -13.79% | 10.87% | 57.36% | 29.64% | -30.66% | 9.14% |
Correlation
The correlation between VVMX.DE and ESPO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2021 | 0.28 |
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Return for Risk
VVMX.DE vs. ESPO — Risk / Return Rank
VVMX.DE
ESPO
VVMX.DE vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) 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.
| VVMX.DE | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.18 | ||
| Sortino ratioReturn per unit of downside risk | +4.65 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.87 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 7.59 | -0.56 | +8.15 |
| Martin ratioReturn relative to average drawdown | 19.66 | -0.95 | +20.61 |
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Drawdowns
VVMX.DE vs. ESPO - Drawdown Comparison
The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than ESPO's maximum drawdown of -40.76%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and ESPO.
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Drawdown Indicators
| VVMX.DE | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.26% | -40.76% | -32.50% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -26.46% | +6.06% |
Max Drawdown (3Y)Largest decline over 3 years | -61.50% | -26.46% | -35.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.76% | — |
Current DrawdownCurrent decline from peak | -25.51% | -26.04% | +0.53% |
Average DrawdownAverage peak-to-trough decline | -41.19% | -12.07% | -29.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 15.55% | -7.66% |
Volatility
VVMX.DE vs. ESPO - Volatility Comparison
VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a higher volatility of 12.59% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 4.01%. This indicates that VVMX.DE'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
| VVMX.DE | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.59% | 4.01% | +8.58% |
Volatility (6M)Calculated over the trailing 6-month period | 32.22% | 13.60% | +18.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.13% | 18.00% | +28.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.36% | 23.75% | +12.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.36% | 24.98% | +11.38% |
VVMX.DE vs. ESPO - Expense Ratio Comparison
VVMX.DE has a 0.59% expense ratio, which is higher than ESPO's 0.55% expense ratio.
Dividends
VVMX.DE vs. ESPO - Dividend Comparison
VVMX.DE 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% |
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VVMX.DE and ESPO have a correlation of 0.22, 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 0.59% for VVMX.DE.
VVMX.DE is categorized as Rare Earth & Strategic Metals, while ESPO is Large Cap Growth Equities. VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals, while ESPO tracks MVIS Global Video Gaming and eSports Index. Their fees differ too: 0.59% for VVMX.DE and 0.55% for ESPO.
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