VanEck Video Gaming and eSports ETF is a buy due to strong growth fundamentals in top holdings like AppLovin, Nintendo, and Tencent. ESPO has outperformed the S&P 500 with a 5-year CAGR of 19.06%, despite a moderately high expense ratio and low dividend yield. Key holdings include AppLovin with AI-driven ad growth, Nintendo with its upcoming Switch 2 launch, and Tencent with steady subscriber growth.
Video game stocks outperform the broader market on the highly anticipated launch of game releases.
For investors seeking momentum, VanEck Video Gaming and eSports ETF ESPO is probably on the radar. The fund just hit a 52-week high and is up 62.5% from its 52-week low price of $57.84/share.
It is football season. One derivative of the return of the most popular American sport is gamers' renewed focus on popular video game franchises.
The thematic ETF has had an up and down life. Many an ETF investor can name their favorite thematic strategy, and certainly, the space includes some eclectic options.
The best Esports stocks are booming as the sector pounced on robust momentum. The sector is hitting its stride again after slumping post-pandemic.