BNGE vs ESPO: which is really different?

BNGE and ESPO hold 34% of their weight in the same names, and ESPO returned −19.4% over the year. First Trust S-Network Streaming & Gaming ETF and VanEck Video Gaming and eSports ETF.

21.0%
BNGE in the S&P 500
6.4%
ESPO in the S&P 500
−23.9%
BNGE total return, 1 year
−19.4%
ESPO total return, 1 year
BNGE · 1 year to Sep 30, 202679% of its weight is outside the S&P 500
79% of its weight is outside the S&P 50021% of BNGE's weight is in S&P 500 companies and 79% is outside the index21%79%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 50% of the fund · 48 holdings filed Sep 30, 2026 · Nasdaq-100: 14% in79% of its weight is outside the S&P 50021% of BNGE's weight is in S&P 500 companies and 79% is outside the index21%79%inoutside the S&P 500active share 99% · top ten 50% of the fund

21% of BNGE's weight is in S&P 500 companies and 79% is outside the index

ESPO · 1 year to Sep 30, 202694% of its weight is outside the S&P 500
94% of its weight is outside the S&P 5006% of ESPO's weight is in S&P 500 companies and 94% is outside the index6%94%inof its weight outside the S&P 500active share 100% · top ten 60% of the fund · 25 holdings filed Sep 30, 2026 · Nasdaq-100: 6% in94% of its weight is outside the S&P 5006% of ESPO's weight is in S&P 500 companies and 94% is outside the index6%94%6% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 60% of the fund

6% of ESPO's weight is in S&P 500 companies and 94% is outside the index

ETFIQ Off-Index Score · ESPO scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, BNGE and ESPO hold 34% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

half

34% in common

Positions both hold, largest shared weight first
Holding BNGE ESPO
Nintendo Co., Ltd. 5.58% 7.40%
NetEase, Inc. 4.39% 7.36%
Take-Two Interactive Software, Inc. 4.07% 6.42%
Unity Software Inc. 3.94% 4.36%
Roblox Corporation (Class A) 3.63% 5.74%
GameStop Corp. (Class A) 2.72% 5.61%
Capcom Co., Ltd. 1.98% 4.45%
Nexon Co., Ltd. 1.47% 3.55%
Krafton, Inc. 1.08% 4.17%
China Ruyi Holdings Ltd. 0.53% 2.04%
Only in BNGE
Warner Bros. Discovery, Inc. 5.62%
Sony Corporation 5.50%
The Walt Disney Company 5.27%
Roku, Inc. 5.25%
Spotify Technology S.A. 4.85%
Aristocrat Leisure Limited 4.61%
Tencent Holdings Limited 4.47%
Netflix, Inc. 4.46%
Only in ESPO
Tencent Holdings Ltd 7.46%
International Games System Co Ltd 5.02%
Aristocrat Leisure Ltd 4.96%
Bandai Namco Holdings Inc 4.91%
Cd Projekt Red Sa 4.77%
Konami Holdings Corp 4.56%
Micro-Star International Co Ltd 3.96%
Kingsoft Corp Ltd 2.64%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

34% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowBNGEESPOBNGEESPOBNGEESPO
3 months−1.3%+5.7%−3.9 pts+3.2 pts−3.5 pts+3.6 pts
6 months+0.5%+6.1%−16.5 pts−10.8 pts−26.4 pts−20.7 pts
1 year−23.9%−19.4%−39.6 pts−35.1 pts−47.7 pts−43.2 pts
3 years+50.3%+92.2%−34.7 pts+7.2 pts−59.7 pts−17.8 pts
Since launch
BNGE Jan 2022 · ESPO Oct 2018
+28.8%+238.3%−58.8 pts+31.6 pts−92.1 pts−101.0 pts

BNGE and ESPO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BNGE
First Trust S-Network Streaming & Gaming ETF · Holds 48 stocks in gaming, esports and betting, 21% of its weight in S&P 500 companies
ESPO
VanEck Video Gaming and eSports ETF · Holds 25 stocks in gaming, esports and betting, 6% of its weight in S&P 500 companies
Issuer First Trust VanEck
Theme Gaming, esports and betting Gaming, esports and betting
In the S&P 500 21.0% 6.4%
Active share vs the S&P 500 99.1% 99.9%
In the Nasdaq-100 14.1% 6.4%
Holdings 48 25
Top ten, share of the fund 50.0% 59.7%
Expense ratio 0.70% 0.55%
Fee for the differing part 0.71% 0.55%
Total return, 1 year −23.9% −19.4%
vs the S&P 500 −39.6 pts −35.1 pts
vs the Nasdaq-100 −47.7 pts −43.2 pts
Below its high −24.7% −20.1%
Net assets $5m $247m

BNGE and ESPO on the same fields, as of Sep 30, 2026. Source: ETFIQ.

BNGE in plain words

By weight, 21% of BNGE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 48 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −23.9% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 39.6 pts. It sits 24.7% below its all-time high of Sep 29, 2025.

ESPO in plain words

By weight, 6% of ESPO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 60% of the fund across 25 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −19.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 35.1 pts. It sits 20.1% below its all-time high of Sep 17, 2025.

Questions people ask

Do BNGE and ESPO hold the same stocks?
By their latest filings, 34% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BNGE or ESPO?
BNGE has 21% of its weight in S&P 500 names and ESPO has 6%, so ESPO differs more from the index.
Which is cheaper, BNGE or ESPO?
BNGE charges 0.70% a year and ESPO charges 0.55%, so ESPO is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, BNGE against ESPO, data as of Sep 30, 2026. https://etfiq.com/compare/themes/bnge-vs-espo

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.