VanEck Vectors Video Gaming & eSports ETF
ALTAR
Score™
2.9% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
30.1x P/Sales
ratio
4.6x
P/BV
ratio
5.1x Div.
yield
0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The VanEck Vectors Video Gaming and eSports ETF tracks a market-cap-weighted index of global firms involved in video gaming and esports.

FUND BASICS
Category Global Equities
Fund Sponsor VanEck
Website www.vaneck.com
Inception date Oct 16, 2018
Assets (mns) $229
Currency USD
Expense ratio 55 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $76,532
Large cap (>$10bn) 76.6%
Mid cap ($2-10bn) 22.6%
Small cap (<$2bn) 0.8%
Developed mkts 66.7%
Emerging mkts 33.3%

TOP TEN HOLDINGS
NVIDIA CORP 9.2 %
TENCENT HOLDINGS LTD 7.0 %
ADVANCED MICRO DEVICES 6.6 %
ACTIVISION BLIZZARD INC 6.3 %
SEA LTD. (SINGAPORE) SPONSORED ADR 6.0 %
NINTENDO CO LTD 5.5 %
CD PROJEKT S.A. 5.4 %
ELECTRONIC ARTS INC 5.4 %
ZYNGA INC - CL A 4.9 %
NEXON CO LTD 4.9 %
Total 61.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 36.6 %
JAPAN 21.2 %
CHINA 16.1 %
SOUTH KOREA 6.5 %
SINGAPORE 6.0 %
POLAND 5.4 %
FRANCE 3.8 %
TAIWAN 2.1 %
SWEDEN 1.6 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
24.4% 49.5% -- -- 41.6%

Market Correlations
versus... Beta R-squared
S&P500 0.49 40%
MSCI EAFE 0.48 30%
MSCI Emg. Mkts. 0.37 25%

Technical Indicators
Recent close $48.21
30d moving avg. $44.27
Annualized volatility 17.4%
Short interest (ETF) 1.7%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 115
Turnover 2.4%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $11,940

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the VanEck Vectors Video Gaming & eSports ETF ETF based on the alternatives' overlap in portfolio holdings with ESPO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESPO Expense: 55 bp ALTAR Score™: 2.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESPO
Ticker Fund
Name
Overlap1
vs ESPO
(%)
Expense
ratio
(bp)
Savings
vs ESPO
(bp)
ALTAR
Score™
(%)
ALTAR
vs ESPO
(%)
HERO Global X Video Games & Esports ETF 70.4 50 5 3.1 +0.1
GAMR ETFMG Video Game Tech ETF 47.7 75 -20 3.5 +0.6
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 39.7 25 30 2.4 -0.5
SOCL Global X Social Media ETF 20.0 65 -10 2.3 -0.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 16.6 86 -31 2.4 -0.5
KWEB KraneShares CSI China Internet ETF 15.7 76 -21 3.6 +0.7
GBUY Goldman Sachs Motif New Age Consumer ETF 15.4 50 5 2.2 -0.7
FDNI First Trust Dow Jones International Internet ETF 14.4 65 -10 2.8 -0.2
SOXX iShares PHLX Semiconductor ETF 13.6 46 9 5.6 +2.7
SMH VanEck Vectors Semiconductor ETF 13.2 35 20 5.9 +3.0
EWCO Invesco S&P 500 Equal Weight Communication Services ETF 12.8 40 15 7.8 +4.9
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 12.4 80 -25 1.8 -1.1
IEME iShares Evolved U.S. Media & Entertainment ETF 12.2 18 37 7.4 +4.5
IXP iShares Global Comm Services ETF 12.1 46 9 5.8 +2.9
PSI Invesco Dynamic Semiconductors ETF 12.0 58 -3 5.1 +2.2
CHIC Global X Nasdaq China Technology ETF 11.7 65 -10 4.5 +1.6
CQQQ Invesco China Technology ETF 11.7 70 -15 4.5 +1.5
TTTN UP Fintech China-U.S. Internet Titans ETF 11.2 59 -4 5.2 +2.2
XLC The Communication Services Select Sector SPDR Fund 11.1 13 42 6.0 +3.1
GENY Principal Millennials Index ETF 10.5 45 10 4.1 +1.2
PSJ Invesco Dynamic Software ETF 10.5 58 -3 2.8 -0.1
XNTK SPDR Morgan Stanley Technology ETF 10.1 35 20 4.1 +1.2
CHIL Global X MSCI China Large-Cap 50 ETF 9.6 29 26 9.8 +6.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 9.6 32 23 7.1 +4.2
AIQ Global X Future Analytics Tech ETF 9.6 68 -13 4.2 +1.3
PTF Invesco DWA Technology Momentum ETF 9.5 60 -5 1.3 -1.6
ECON Columbia Emerging Markets Consumer ETF 9.5 59 -4 5.1 +2.1
BOTZ Global X Robotics & Artificial Intelligence ETF 9.2 68 -13 3.0 +0.0
JHCS John Hancock Multifactor Media & Communications ETF 8.9 40 15 5.6 +2.7
LRNZ TrueMark Technology, AI & Deep Learning ETF 8.8 68 -13 0.9 -2.1
XSD SPDR S&P Semiconductor ETF 8.8 35 20 4.0 +1.1
IGV iShares North American Tech-Software ETF 8.7 46 9 2.6 -0.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 8.6 32 23 7.0 +4.1
KALL KraneShares FTSE Emerging Markets Plus ETF 8.6 49 6 9.3 +6.4
FLCH Franklin FTSE China ETF 8.5 19 36 9.5 +6.6
MCHI iShares MSCI China ETF 8.4 59 -4 9.3 +6.4
GXC SPDR S&P China ETF 8.4 59 -4 9.1 +6.2
OGIG O'Shares Global Internet Giants ETF 8.4 48 7 0.5 -2.4
GVIP Goldman Sachs Hedge Industry VIP ETF 8.3 45 10 5.1 +2.1
DRIV Global X Autonomous & Electric Vehicles ETF 8.3 68 -13 6.1 +3.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 8.3 70 -15 6.0 +3.1
BUYZ Franklin Disruptive Commerce ETF 8.3 50 5 -0.1 -3.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 8.1 95 -40 10.5 +7.6
BKF iShares MSCI BRIC ETF 8.0 69 -14 8.7 +5.8
GMF SPDR S&P Emerging Asia Pacific ETF 8.0 49 6 8.2 +5.3
CN Xtrackers MSCI All China Equity ETF 7.9 50 5 9.5 +6.6
XITK SPDR FactSet Innovative Technology ETF 7.9 45 10 0.4 -2.5
WCHN WisdomTree ICBCCS S&P China 500 Fund 7.9 55 0 9.2 +6.3
EEMA iShares MSCI Emerging Markets Asia ETF 7.8 50 5 8.7 +5.8
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 7.8 57 -2 5.2 +2.3
JOYY Infusive Compounding Global Equities ETF 7.7 50 5 3.9 +1.0
EKAR Innovation Shares NextGen Vehicles & Technology ETF 7.7 65 -10 8.8 +5.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 7.6 30 25 9.1 +6.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 7.4 68 -13 8.2 +5.3
BLOK Amplify Transformational Data Sharing ETF 7.4 70 -15 5.1 +2.2
BIBL Inspire ETF 7.3 35 20 4.8 +1.9
DVEM WisdomTree Emerging Markets Dividend Fund 7.3 32 23 9.4 +6.5
PGJ Invesco Golden Dragon China ETF 7.2 70 -15 3.6 +0.7
FLAX Franklin FTSE Asia Ex Japan ETF 7.2 19 36 8.8 +5.8
SCHE Schwab Emerging Markets Equity ETF 7.1 13 42 9.0 +6.0
NUEM Nuveen ESG Emerging Markets Equity ETF 7.1 45 10 8.1 +5.2
PBEE Invesco PureBeta FTSE Emerging Markets ETF 7.0 14 41 9.8 +6.9
ESGE iShares ESG MSCI EM ETF 7.0 25 30 10.0 +7.1
FXI iShares China Large-Cap ETF 7.0 74 -19 13.8 +10.9
AIA iShares Asia 50 ETF 7.0 50 5 9.3 +6.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.0 20 35 7.9 +5.0
IDRV iShares Self-driving EV & Tech ETF 6.8 47 8 7.0 +4.1
EEM iShares MSCI Emerging Markets ETF 6.7 68 -13 8.6 +5.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 6.6 65 -10 8.6 +5.7
MTUM iShares Edge MSCI USA Momentum Factor ETF 6.5 15 40 4.8 +1.9
LOUP Innovator Loup Frontier Tech ETF 6.4 70 -15 3.2 +0.3
KOIN Innovation Shares NextGen Protocol ETF 6.4 95 -40 4.5 +1.6
VWO Vanguard FTSE Emerging Markets ETF 6.3 10 45 9.1 +6.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.3 45 10 9.0 +6.1
FFTY Innovator IBD 50 ETF 6.2 80 -25 3.6 +0.6
SPMO Invesco S&P 500 Momentum ETF 6.2 13 42 4.5 +1.6
JHEM John Hancock Multifactor Emerging Markets ETF 6.2 55 0 9.2 +6.2
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 6.2 60 -5 4.2 +1.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 6.2 35 20 4.4 +1.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 6.1 32 23 9.8 +6.9
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 6.1 60 -5 3.1 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 6.1 11 44 8.9 +5.9
FNI First Trust Chindia ETF 6.1 59 -4 3.6 +0.7
IEMG iShares Core MSCI Emerging Markets ETF 6.0 14 41 9.0 +6.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 5.9 75 -20 2.2 -0.7
GDAT Goldman Sachs Motif Data-Driven World Etf 5.7 50 5 5.2 +2.3
BLCN Reality Shares Nasdaq NextGen Economy ETF 5.7 68 -13 4.6 +1.6
TDV ProShares S&P Technology Dividend Aristocrats ETF 5.5 45 10 4.8 +1.9
EPOL iShares MSCI Poland Capped ETF 5.4 61 -6 10.2 +7.3
FRDM Freedom 100 Emerging Markets ETF 5.4 49 6 7.7 +4.8
FCOM Fidelity MSCI Telecommunication Services Index ETF 5.3 8 47 5.1 +2.2
VOX Vanguard Telecommunication Services Index Fund 5.3 10 45 4.9 +2.0
FTXL First Trust Nasdaq Semiconductor ETF 5.3 60 -5 5.3 +2.4
PIE Invesco DWA Emerging Markets Momentum ETF 5.2 90 -35 5.8 +2.9
IYK iShares U.S. Consumer Goods ETF 5.2 42 13 5.4 +2.5
IRBO iShares Robotics & Artificial Intelligence ETF 5.2 47 8 2.6 -0.3
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 5.1 60 -5 3.6 +0.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 5.0 40 15 8.1 +5.1
EMCG WisdomTree Emerging Markets Consumer Growth Fund 4.9 32 23 7.9 +5.0
VIGI Vanguard International Dividend Appreciation ETF 4.9 25 30 6.1 +3.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
VanEck Vectors Video Gaming & eSports ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.3 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 55 bp
Equals: ALTAR Score 2.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.36 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.