LOPP vs. BILZ

Last updated Jun 26, 2026

LOPP (Gabelli Love Our Planet & People ETF) and BILZ (PIMCO Ultra Short Government Active Exchange-Traded Fund) are both exchange-traded funds - LOPP is a Mid Cap Blend Equities fund actively managed by Gabelli, while BILZ is a Ultrashort Bond fund actively managed by PIMCO. Both are actively managed. Over the past 3 years, LOPP returned 17.63%/yr vs 4.68%/yr for BILZ. At a correlation of -0.04, they often move in opposite directions. LOPP charges 0.00%/yr vs 0.14%/yr for BILZ.

Performance

LOPP vs. BILZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Love Our Planet & People ETF (LOPP) and PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LOPP achieves a 19.98% return, which is significantly higher than BILZ's 1.66% return.

LOPP

• 1D: 1.80%
• 1M: 4.99%
• YTD: 19.98%
• 6M: 18.16%
• 1Y: 36.63%
• 3Y*: 17.63%
• 5Y*: 8.89%
• 10Y*: —

BILZ

• 1D: 0.00%
• 1M: 0.27%
• YTD: 1.66%
• 6M: 1.74%
• 1Y: 3.86%
• 3Y*: 4.68%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LOPP vs. BILZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LOPP Gabelli Love Our Planet & People ETF	19.98%	22.61%	9.89%	-0.73%
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	1.66%	4.21%	5.25%	2.87%

Correlation

The correlation between LOPP and BILZ is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023	-0.04

Return for Risk

LOPP vs. BILZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LOPP

LOPP Risk / Return Rank: 78
LOPP Sharpe Ratio Rank: 78
LOPP Sortino Ratio Rank: 77
LOPP Omega Ratio Rank: 71
LOPP Calmar Ratio Rank: 81
LOPP Martin Ratio Rank: 81

BILZ

BILZ Risk / Return Rank: 100
BILZ Sharpe Ratio Rank: 100
BILZ Sortino Ratio Rank: 100
BILZ Omega Ratio Rank: 100
BILZ Calmar Ratio Rank: 100
BILZ Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LOPP vs. BILZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Love Our Planet & People ETF (LOPP) and PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LOPP	BILZ	Difference
Sharpe ratio: Return per unit of total volatility	2.18	18.50	-16.32
Sortino ratio: Return per unit of downside risk	3.00	117.77	-114.76
Omega ratio: Gain probability vs. loss probability	1.37	47.07	-45.70
Calmar ratio: Return relative to maximum drawdown	3.77	195.88	-192.11
Martin ratio: Return relative to average drawdown	14.06	1,883.06	-1,868.99

LOPP vs. BILZ - Sharpe Ratio Comparison

The current LOPP Sharpe Ratio is 2.18, which is lower than the BILZ Sharpe Ratio of 18.50. The chart below compares the historical Sharpe Ratios of LOPP and BILZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LOPP vs. BILZ - Drawdown Comparison

The maximum LOPP drawdown since its inception was -25.28%, which is greater than BILZ's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for LOPP and BILZ.

Drawdown Indicators

	LOPP	BILZ	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	-0.52%	-24.76%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-0.02%	-9.75%
Max Drawdown (3Y) Largest decline over 3 years	-20.28%	-0.17%	-20.11%
Max Drawdown (5Y) Largest decline over 5 years	-25.28%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.16%	-0.01%	-8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	0.00%	+2.61%

Volatility

LOPP vs. BILZ - Volatility Comparison

Gabelli Love Our Planet & People ETF (LOPP) has a higher volatility of 6.22% compared to PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) at 0.06%. This indicates that LOPP's price experiences larger fluctuations and is considered to be riskier than BILZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LOPP	BILZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.22%	0.06%	+6.16%
Volatility (6M) Calculated over the trailing 6-month period	13.66%	0.14%	+13.52%
Volatility (1Y) Calculated over the trailing 1-year period	16.92%	0.21%	+16.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.12%	0.52%	+17.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	0.52%	+17.23%

LOPP vs. BILZ - Expense Ratio Comparison

LOPP has a 0.00% expense ratio, which is lower than BILZ's 0.14% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LOPP vs. BILZ - Dividend Comparison

LOPP's dividend yield for the trailing twelve months is around 0.69%, less than BILZ's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	4.06%	4.19%	4.95%	2.23%	0.00%	0.00%
LOPP Gabelli Love Our Planet & People ETF	0.69%	0.83%	1.88%	2.23%	2.01%	1.25%

Frequently Asked Questions

Can I hold both LOPP and BILZ in my portfolio?

LOPP and BILZ have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LOPP or BILZ?

LOPP has higher volatility (6.22%) compared to BILZ (0.06%). In terms of maximum drawdown, LOPP dropped -25.28% vs BILZ's -0.52%.

Which ETF is better, LOPP or BILZ?

On 3-year performance, LOPP leads with 17.63% vs 4.68% for BILZ. On fees, LOPP is cheaper at 0.00% per year. On volatility, BILZ has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LOPP or BILZ?

Over the 3-year period, LOPP has performed better with a 17.63% return vs 4.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LOPP or BILZ?

LOPP is cheaper with a 0.00% expense ratio, compared with 0.14% for BILZ.

Which ETF pays a higher dividend yield, LOPP or BILZ?

BILZ has the higher dividend yield at 4.06%, compared with 0.69% for LOPP.

What is the main difference between LOPP and BILZ?

LOPP is categorized as Mid Cap Blend Equities, while BILZ is Ultrashort Bond. They also come from different issuers: Gabelli and PIMCO. Their fees differ too: 0.00% for LOPP and 0.14% for BILZ.

Which has better risk-adjusted returns?

BILZ currently has the higher Sharpe Ratio (18.50 vs 2.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.