ESPO vs GAMR: which is really different?

ESPO and GAMR hold 38% of their weight in the same names, and GAMR returned +3.6% over the year. VanEck Video Gaming and eSports ETF and Amplify Video Game Leaders ETF.

6.4%
ESPO in the S&P 500
44.4%
GAMR in the S&P 500
−19.4%
ESPO total return, 1 year
+3.6%
GAMR total return, 1 year
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

GAMR · 1 year to Sep 30, 202656% of its weight is outside the S&P 500
56% of its weight is outside the S&P 50044% of GAMR's weight is in S&P 500 companies and 56% is outside the index44%56%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 85% · top ten 71% of the fund · 25 holdings filed Oct 1, 2026 · Nasdaq-100: 44% in56% of its weight is outside the S&P 50044% of GAMR's weight is in S&P 500 companies and 56% is outside the index44%56%in the S&P 500outside the S&P 500active share 85% · top ten 71% of the fund

44% of GAMR's weight is in S&P 500 companies and 56% 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, ESPO and GAMR hold 38% 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 Oct 1, 2026 and Sep 30, 2026.

half

38% in common

Positions both hold, largest shared weight first
Holding ESPO GAMR
Tencent Holdings Ltd 7.46% 9.19%
Nintendo Co Ltd 7.40% 4.67%
Netease Inc 7.36% 4.59%
International Games System Co Ltd 5.02% 2.66%
Bandai Namco Holdings Inc 4.91% 2.57%
Capcom Co Ltd 4.45% 2.42%
Unity Software Inc 4.36% 2.34%
Aristocrat Leisure Ltd 4.96% 2.32%
Take-Two Interactive Software Inc 6.42% 2.29%
Roblox Corp 5.74% 2.27%
Nexon Co Ltd 3.55% 1.98%
Only in ESPO
Gamestop Corp 5.61%
Cd Projekt Red Sa 4.77%
Konami Holdings Corp 4.56%
Krafton Inc 4.17%
Micro-Star International Co Ltd 3.96%
Kingsoft Corp Ltd 2.64%
Square Enix Holdings Co Ltd 2.45%
China Ruyi Holdings Ltd 2.04%
Only in GAMR
Advanced Micro Devices Inc 9.49%
Meta Platforms Inc 9.44%
Microsoft Corp 9.40%
NVIDIA Corp 9.33%
Invesco Government & Agency Portfolio 12/31/2031 5.76%
Sony Group Corp 4.70%
AppLovin Corp 4.43%
Sea Ltd 4.34%

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

38% 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
WindowESPOGAMRESPOGAMRESPOGAMR
3 months+5.7%+8.4%+3.2 pts+5.9 pts+3.6 pts+6.3 pts
6 months+6.1%+31.7%−10.8 pts+14.7 pts−20.7 pts+4.8 pts
1 year−19.4%+3.6%−35.1 pts−12.1 pts−43.2 pts−20.2 pts
3 years+92.2%+88.4%+7.2 pts+3.4 pts−17.8 pts−21.6 pts
Since launch
ESPO Oct 2018 · GAMR Mar 2016
+238.3%+299.4%+31.6 pts−55.4 pts−101.0 pts−364.2 pts

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

On the same fields

ESPO
VanEck Video Gaming and eSports ETF · Holds 25 stocks in gaming, esports and betting, 6% of its weight in S&P 500 companies
GAMR
Amplify Video Game Leaders ETF · Holds 25 stocks in gaming, esports and betting, 44% of its weight in S&P 500 companies
Issuer VanEck Amplify
Theme Gaming, esports and betting Gaming, esports and betting
In the S&P 500 6.4% 44.4%
Active share vs the S&P 500 99.9% 84.5%
In the Nasdaq-100 6.4% 44.4%
Holdings 25 25
Top ten, share of the fund 59.7% 71.0%
Expense ratio 0.55% 0.59%
Fee for the differing part 0.55% 0.70%
Total return, 1 year −19.4% +3.6%
vs the S&P 500 −35.1 pts −12.1 pts
vs the Nasdaq-100 −43.2 pts −20.2 pts
Below its high −20.1% −8.4%
Net assets $247m $41m

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

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.

GAMR in plain words

By weight, 44% of GAMR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 71% of the fund across 25 positions, as published by its issuer for Oct 1, 2026. Over the year to Sep 30, 2026 the fund returned +3.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 12.1 pts. It sits 8.4% below its all-time high of Jan 27, 2021.

Questions people ask

Do ESPO and GAMR hold the same stocks?
By their latest filings, 38% 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, ESPO or GAMR?
ESPO has 6% of its weight in S&P 500 names and GAMR has 44%, so ESPO differs more from the index.
Which is cheaper, ESPO or GAMR?
ESPO charges 0.55% a year and GAMR charges 0.59%, so ESPO is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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