Investing in gaming and esports is undoubtedly teeming with potential, but investors should consider diverse approaches to these high growth arenas. The VanEck Vectors Video Gaming and eSports ETF (NASDAQ: ESPO) belongs on that list.
ESPO seeks to track the performance of the MVIS Global Video Gaming and eSports Index (MVESPO). The index is a rules-based, modified capitalization-weighted, float-adjusted index intended to give investors a means of tracking the overall performance of companies involved in video gaming and eSports.
Traditionally, the gaming investment thesis has revolved around hardware (consoles) and software, or game franchises and titles, but the industry is rapidly evolving and many of the most popular titles and the games played at esports tournaments are PC games, underscoring opportunities with investments tied to the hardware side of computer gaming.
“n 2015, the global gaming PC market hit $24.6bn in revenue, revealed the Jon Peddie Research data. High-end PC