WMT vs. ESPO
WMT (Walmart Inc.) 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 5 years, WMT returned 22.42%/yr vs 5.49%/yr for ESPO. At a 0.22 correlation, their price movements are largely independent.
Performance
WMT vs. ESPO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WMT achieves a 9.07% return, which is significantly higher than ESPO's -15.10% return.
WMT
- 1D
- 0.45%
- 1M
- -7.92%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
ESPO
- 1D
- -0.29%
- 1M
- -2.74%
- YTD
- -15.10%
- 6M
- -16.17%
- 1Y
- -14.01%
- 3Y*
- 16.96%
- 5Y*
- 5.49%
- 10Y*
- —
WMT vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -2.25% |
ESPO VanEck Vectors Video Gaming and eSports ETF | -15.10% | 25.79% | 47.61% | 33.64% | -34.71% | -2.13% | 83.93% | 42.36% | -12.49% |
Correlation
The correlation between WMT and ESPO is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.22 |
The correlation between WMT and ESPO shifts across timeframes, from -0.06 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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
WMT vs. ESPO — Risk / Return Rank
WMT
ESPO
WMT vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) 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.
| WMT | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.88 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | -0.54 | +2.37 |
| Martin ratioReturn relative to average drawdown | 5.82 | -0.94 | +6.76 |
Loading charts...
Drawdowns
WMT vs. ESPO - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, which is greater than ESPO's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for WMT and ESPO.
Loading charts...
Drawdown Indicators
| WMT | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -50.99% | -26.15% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -27.81% | +12.06% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -27.81% | +5.88% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -48.33% | +22.59% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | — | — |
Current DrawdownCurrent decline from peak | -9.81% | -27.19% | +17.38% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -15.06% | +0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 15.95% | -11.01% |
Volatility
WMT vs. ESPO - Volatility Comparison
Walmart Inc. (WMT) has a higher volatility of 9.86% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 4.42%. This indicates that WMT'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.
Loading charts...
Volatility by Period
| WMT | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 4.42% | +5.44% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 14.67% | +3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 18.83% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 25.10% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 25.71% | -3.98% |
Dividends
WMT vs. ESPO - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.80%, less than ESPO's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
WMT and ESPO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (9.86%) compared to ESPO (4.42%). In terms of maximum drawdown, WMT dropped -77.14% vs ESPO's -50.99%.
WMT currently has the higher Sharpe Ratio (1.22 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.
Find the right allocation for WMT and ESPO
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