VanEck Video Gaming and Esports ETF (ESPO)
Summary
ESPO: Why Gaming Is A Serious Business
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.
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Gaming ETF (ESPO) Hits New 52-Week High
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.
VanEck Video Gaming and Esports ETF Dividends
| ESPO In 6 months Estimated | Annual | $0.36 Per Share |
| ESPO 5 months ago Paid | Annual | $0.36 Per Share |
| ESPO 18 Dec 2023 Paid | Annual | $0.54 Per Share |
| ESPO 19 Dec 2022 Paid | Annual | $0.39 Per Share |
| ESPO 20 Dec 2021 Paid | Annual | $2.23 Per Share |
| ESPO 21 Dec 2020 Paid | Annual | $0.09 Per Share |
VanEck Video Gaming and Esports ETF Earnings
| ESPO In 6 months Estimated | Annual | $0.36 Per Share |
| ESPO 5 months ago Paid | Annual | $0.36 Per Share |
| ESPO 18 Dec 2023 Paid | Annual | $0.54 Per Share |
| ESPO 19 Dec 2022 Paid | Annual | $0.39 Per Share |
| ESPO 20 Dec 2021 Paid | Annual | $2.23 Per Share |
| ESPO 21 Dec 2020 Paid | Annual | $0.09 Per Share |
VanEck Video Gaming and Esports ETF (ESPO) FAQ
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Has VanEck Video Gaming and Esports ETF ever had a stock split?
VanEck Video Gaming and Esports ETF Profile
| CXA Exchange | US Country |
Overview
The fund is an investment entity that primarily focuses on integrating its resources into the burgeoning sector of video gaming and eSports, also recognized as electronic sports. It commits at least 80% of its total assets into securities that are a part of its benchmark index, a global gauge designed to monitor the performance of the international video gaming and eSports market segment. The fund's strategy includes investments in depositary receipts and securities that are denominated in foreign currencies, highlighting its global approach. Given its concentrated investment strategy, it is characterized as non-diversified, meaning it may invest more heavily in fewer securities, making it potentially more volatile than diversified funds.
Products and Services
- Securities Investment
The fund invests a significant portion of its assets, ensuring at least 80%, into securities that are included in its benchmark index. This strategy is designed to mirror the performance of the global video gaming and eSports market, offering investors exposure to this rapidly growing segment.
- Global Index Tracking
The benchmark index tracked by the fund represents the worldwide video gaming and eSports sector. This index is a comprehensive measure of the performance of companies involved in the production, development, and sale of video games, as well as the organization and hosting of eSports events. The tracking of this global index allows the fund to strategically position its investments to benefit from the sector's dynamics.
- Depositary Receipts Investment
A part of the fund's investment strategy involves putting assets into depositary receipts. Depositary receipts represent a specific number of shares—or a fraction of a share—of a foreign-based company's stock, traded on a domestic stock market. This approach allows the fund to diversify its holdings into international territories, tapping into the potential of foreign markets without the complexities of direct investments in foreign exchanges.
- Investment in Foreign Currencies
The fund has the capability to invest in securities denominated in currencies other than the U.S. dollar. This not only diversifies the portfolio from a geographical perspective but also introduces currency fluctuation as a factor that can affect returns, both positively and negatively, thus adding a layer of complexity and opportunity to the fund's investment approach.
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