ESPO - VanEck Vectors Video Gaming and eSports ETF

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VanEck Vectors Video Gaming and eSports ETF ESPO

Fund description: ESPO gives investors exposure to a diversified portfolio of the largest and most liquid companies involved in video game development, eSports and related hardware and software globally. ESPO aims to provide investment returns before fees and other costs which track the performance of the Index. 

Index description: The MVIS Global Video Gaming and eSports Index comprises companies involved in video game development, eSports, and related hardware and software globally.

Management style:  Replication

Country of domicile: Australia

 as at 19-Jan-21

  • Exchange

    ASX
  • ASX code

    ESPO
  • Bloomberg index code

    MVESPOAT
  • Index provider

    MV Index Solutions
  • NAV1

    $11.56
  • Units outstanding1

    5,600,000
  • Net assets1

    $64.7M
  • Number of holdings1

    25
  • Inception date2

    08-Sep-20
  • ASX commencement

    10-Sep-20
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 19-Jan-21

*The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 12pm next business day. 

 

Key points

Underlying Index
MVIS® Global Video Gaming & eSports Index

Overview
The MVIS® Global Video Gaming & eSports Index is designed to track the overall performance of companies involved in video game development, eSports, and related hardware and software globally. The Index includes only the largest and most liquid listed companies that generate at least 50% of their reveues from video gaming and/or eSports. 

Methodology summary
On each rebalance the Index includes only the largest and most liquid listed companies that generate at least 50% (25% for current components) of their revenues from video gaming and/or eSports. This may include companies whose business activity involves the development of video games and related software and hardware; the provision of streaming services; or eSports events such as league operators, teams, distributors and platforms, and may include companies from developed, emerging and frontier markets.

Companies must have:
  • Market cap exceeding US$150 million
  • 3-month average daily trading volume of at least US$1 million
  • At least 250,000 shares traded each month over the previous 6 months
The Index is a market capitalisation weighted index which applies a capping scheme to individual companies for diversification purposes.

The Index includes a minimum of 25 companies.

Index provider
MV Index Solutions (MVIS), a related body corporate of VanEck Investments Limited, the responsible entity and issuer of ESPO. For more information about MVIS, click here

MVIS disclaimer
The MVIS® Global Video Gaming & eSports Index is created and maintained by MVIS. MVIS does not sponsor, endorse, issue, sell, or promote ESPO and makes no representation or warranty, express or implied, to VanEck or any member of the public regarding the advisability of investing in securities generally or in ESPO particularly and bears no liability with respect to ESPO.

Index profile  

  • Bloomberg index code

    MVESPOAT
  • Launch date

    14-Aug-20
  • Base date

    31-Dec-14
  • Rebalance frequency

    Quarterly

Top ten index constituents (%) as at 31-Dec-20

Total constituents: 25
Constituent name
Ticker
Weightings (%)
NVIDIA CORP
NVDA US
7.78
TENCENT HOLDINGS LTD
700 HK
7.32
ADVANCED MICRO DEVICES
AMD US
6.88
NINTENDO CO LTD
7974 JP
6.47
SEA LTD-ADR
SE US
6.04
ACTIVISION BLIZZARD INC
ATVI US
5.84
BILIBILI INC-SPONSORED ADR
BILI US
5.56
NETEASE INC-ADR
NTES US
5.16
TAKE-TWO INTERACTIVE SOFTWRE
TTWO US
4.84
NEXON CO LTD
3659 JP
4.66
Top ten total (%) 60.55
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index country weightings (%) as of 31-Dec-20

  • Country

    Weightings (%)
  • United States

    38.0
  • Japan

    20.6
  • China

    19.6
  • Thailand

    6.0
  • South Korea

    5.9
  • Sweden

    3.0
  • France

    2.9
  • Poland

    2.3
  • Taiwan

    1.6
  • Total

    99.9

Index sector weightings (%) as at 31-Dec-20

  • Sector

    Weightings (%)
  • Communication Services

    73.7
  • Information Technology

    22.2
  • Consumer Discretionary

    4.1
  • Total

    100.0