ESPO vs GGME: which is really different?

ESPO and GGME hold 15% of their weight in the same names, and GGME returned +2.0% over the year. VanEck Video Gaming and eSports ETF and Invesco Next Gen Media and Gaming ETF.

6.4%
ESPO in the S&P 500
55.4%
GGME in the S&P 500
−19.4%
ESPO total return, 1 year
+2.0%
GGME 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

GGME · 1 year to Sep 30, 202645% of its weight is outside the S&P 500
45% of its weight is outside the S&P 50055% of GGME's weight is in S&P 500 companies and 45% is outside the index55%45%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 82% · top ten 64% of the fund · 108 holdings filed Sep 30, 2026 · Nasdaq-100: 55% in45% of its weight is outside the S&P 50055% of GGME's weight is in S&P 500 companies and 45% is outside the index55%45%in the S&P 500outsideactive share 82% · top ten 64% of the fund

55% of GGME's weight is in S&P 500 companies and 45% 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 GGME hold 15% 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

15% in common

Positions both hold, largest shared weight first
Holding ESPO GGME
Nintendo Co Ltd 7.40% 3.52%
Netease Inc 7.36% 2.25%
Take-Two Interactive Software Inc 6.42% 2.23%
Roblox Corp 5.74% 1.72%
Aristocrat Leisure Ltd 4.96% 1.49%
Unity Software Inc 4.36% 0.92%
Capcom Co Ltd 4.45% 0.50%
Nexon Co Ltd 3.55% 0.37%
Cd Projekt Red Sa 4.77% 0.28%
Krafton Inc 4.17% 0.21%
Square Enix Holdings Co Ltd 2.45% 0.20%
Kingsoft Corp Ltd 2.64% 0.18%
Only in ESPO
Tencent Holdings Ltd 7.46%
Gamestop Corp 5.61%
International Games System Co Ltd 5.02%
Bandai Namco Holdings Inc 4.91%
Konami Holdings Corp 4.56%
Micro-Star International Co Ltd 3.96%
Ncsoft Corp 1.61%
Vivendi Se 1.14%
Only in GGME
Advanced Micro Devices Inc 9.47%
Meta Platforms Inc 8.77%
NVIDIA Corp 8.16%
Apple Inc 7.95%
Netflix Inc 7.13%
Cloudflare Inc 4.89%
QUALCOMM Inc 4.56%
MediaTek Inc 4.52%

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

15% 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
WindowESPOGGMEESPOGGMEESPOGGME
3 months+5.7%+7.8%+3.2 pts+5.3 pts+3.6 pts+5.7 pts
6 months+6.1%+28.1%−10.8 pts+11.1 pts−20.7 pts+1.2 pts
1 year−19.4%+2.0%−35.1 pts−13.7 pts−43.2 pts−21.8 pts
3 years+92.2%+102.9%+7.2 pts+18.0 pts−17.8 pts−7.0 pts
Since launch
ESPO Oct 2018 · GGME Jan 2010
+238.3%+514.5%+31.6 pts−290.1 pts−101.0 pts−1223.0 pts

ESPO and GGME 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
GGME
Invesco Next Gen Media and Gaming ETF · Holds 108 stocks in gaming, esports and betting, 55% of its weight in S&P 500 companies
Issuer VanEck Invesco
Theme Gaming, esports and betting Gaming, esports and betting
In the S&P 500 6.4% 55.4%
Active share vs the S&P 500 99.9% 81.5%
In the Nasdaq-100 6.4% 55.1%
Holdings 25 108
Top ten, share of the fund 59.7% 63.8%
Expense ratio 0.55% 0.63%
Fee for the differing part 0.55% 0.77%
Total return, 1 year −19.4% +2.0%
vs the S&P 500 −35.1 pts −13.7 pts
vs the Nasdaq-100 −43.2 pts −21.8 pts
Below its high −20.1% −3.3%
Net assets $247m $45m

ESPO and GGME 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.

GGME in plain words

By weight, 55% of GGME's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 64% of the fund across 108 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +2.0% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 13.7 pts.

Questions people ask

Do ESPO and GGME hold the same stocks?
By their latest filings, 15% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ESPO or GGME?
ESPO has 6% of its weight in S&P 500 names and GGME has 55%, so ESPO differs more from the index.
Which is cheaper, ESPO or GGME?
ESPO charges 0.55% a year and GGME charges 0.63%, so ESPO is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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