ESPO
VanEck Video Gaming and eSports ETF
ESPO
VanEck Video Gaming and eSports ETF
-
NAV
$54.12
as of June 08, 2023 -
YTD RETURNS
25.69%
as of June 08, 2023 -
Total Net Assets
$292.27M
as of June 08, 2023 -
Gross Expense Ratio
0.56% -
Net Expense Ratio
0.56% -
Inception Date
10/16/2018
Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses) from exceeding 0.55% of the Fund's average daily net assets per year until at least February 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation.
Fund Description
VanEck Video Gaming and eSports ETF (ESPO®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Video Gaming and eSports Index (MVESPOTR), which is intended to track the overall performance of companies involved in video game development, esports, and related hardware and software.
Overview
Fund Highlights
- The video game industry is earning hundreds of billions in annual revenues and reaching billions of people around the world**
- Publishers are using new business models to accelerate growth
- Companies must derive at least 50% of total revenues from video gaming and/or esports to be initially eligible for the Index