ESPO vs QQQ
VanEck Video Gaming and eSports ETF vs Invesco QQQ Trust, Series 1
Which is better, ESPO or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 64.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ESPO | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $255M | $483.5B |
| Dividend Yield | 1.31% | 0.44% |
| Holdings | 25 | 107 |
| YTD Return | -7.43% | +16.87%Best |
| 1Y Return | -17.80% | +22.98%Best |
| 3Y Return (annualized) | +23.25% | +24.98%Best |
| 5Y Return (annualized) | +8.84% | +14.39%Best |
| Volatility (annualized) | 21.1% | 20.4%Best |
| Max Drawdown | -51.0% | -35.1%Best |
| $10,000 over 5 years | $15,274 | $19,586Best |
| Top 10 Weight | 64.4% | 46.5%Best |
| Fund Family | VanEck | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 16, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 17, 2018 to Sep 11, 2026 (7.9 years).
ESPO vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.9 years both funds cover.
ESPO vs QQQ Performance
VanEck Video Gaming and eSports ETF (ESPO) is an ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ESPO returned -17.80% while QQQ returned +22.98%. Year to date, ESPO is down 7.43% versus a gain of 16.87% for QQQ.
Over three years, ESPO compounded at +23.25% per year against +24.98% for QQQ; over five years the annualized figures are +8.84% and +14.39% respectively. Across the full 8-year window we track, QQQ has the edge at +19.79% annualized vs +16.78%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ESPO has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 20.4% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -51.0% for ESPO and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ESPO charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, ESPO currently yields 1.31% against 0.44% for QQQ.
Holdings Overlap
6.0% of ESPO's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings ESPO also owns.
ESPO and QQQ share little of their money.
1 positions in common, counted across the 24 positions we hold weights for in ESPO and 102 in QQQ, against full books of 25 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for ESPO (97.4% of the fund), and 4 for ESPO that do not appear in QQQ (22.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ESPO | Weight in QQQ | Difference |
|---|---|---|---|
| TTWOTake-Two Interactive Software, Inc. | 5.96% | 0.19% | 5.77% |
You are not choosing between two funds in isolation.
Whichever of ESPO and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ESPO or QQQ?
ESPO has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, ESPO or QQQ?
Over the past year ESPO returned -17.80% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), ESPO annualized +16.78% vs +19.79% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ESPO or QQQ?
ESPO has been the more volatile fund at 21.1% annualized versus 20.4% for QQQ. Worst drawdown: ESPO -51.0% vs QQQ -35.1%.
Should I hold both ESPO and QQQ?
ESPO and QQQ have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ESPO and QQQ?
6.0% of ESPO's money is in holdings QQQ also owns. 0.2% of QQQ's is in holdings ESPO also owns. They hold 1 positions in common, counted across the 24 positions we hold weights for in ESPO and 102 in QQQ.
Which pays a higher dividend, ESPO or QQQ?
ESPO yields 1.31% while QQQ yields 0.44%, so ESPO currently pays the higher dividend yield.
Is QQQ better than ESPO?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 64.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.