MV Index Solutions (MVIS) has licensed the MVIS Global Video Gaming & eSports Index (MVESPO) to VanEck to underlie the VanEck Vectors Video Gaming and eSports ETF (ESPO) which is listed on the New York Stock Exchange.
MVESPO is a pure-play index which tracks the performance of the global companies which generate at least 50 per cent of their revenues from the video gaming and eSports sector. These companies may include those that develop video games and related software/hardware, streaming services, and are involved in eSports events.
“The video game and eSports industry has grown faster than expected in recent years. The growth is supported by new technologies, which has led to a massive number of over one billion players worldwide today,” says Thomas Kettner, Managing Director at MV Index Solutions. “MVIS’ innovative index approach is based on a pure-play concept and focuses on liquidity, diversification and transparency, which makes our index unique.”