LOPP vs. CPAI

Last updated Jun 4, 2026

LOPP (Gabelli Love Our Planet & People ETF) and CPAI (Counterpoint Quantitative Equity ETF) are both Mid Cap Blend Equities funds. Both are actively managed. Over the past year, LOPP returned 33.50% vs 45.47% for CPAI. A 0.73 correlation means they provide meaningful diversification when combined. LOPP charges 0.00%/yr vs 0.75%/yr for CPAI.

Performance

LOPP vs. CPAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Love Our Planet & People ETF (LOPP) and Counterpoint Quantitative Equity ETF (CPAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LOPP achieves a 15.77% return, which is significantly lower than CPAI's 27.41% return.

LOPP

• 1D: -0.10%
• 1M: 3.39%
• YTD: 15.77%
• 6M: 17.00%
• 1Y: 33.50%
• 3Y*: 16.93%
• 5Y*: 7.80%
• 10Y*: —

CPAI

• 1D: -1.84%
• 1M: 8.24%
• YTD: 27.41%
• 6M: 29.49%
• 1Y: 45.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LOPP vs. CPAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LOPP Gabelli Love Our Planet & People ETF	15.77%	22.61%	9.89%	10.36%
CPAI Counterpoint Quantitative Equity ETF	27.41%	17.79%	28.37%	6.69%

Correlation

The correlation between LOPP and CPAI is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.73

The correlation between LOPP and CPAI has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.

LOPP vs. CPAI - Sectors Allocation Comparison

Sectors	LOPP	CPAI
Industrials	62.6%	5.7%
Utilities	11.2%	-
Financial Services	6.3%	4.3%
Consumer Cyclical	4.0%	4.2%
Energy	3.9%	3.7%
Basic Materials	3.5%	3.3%
Technology	3.2%	45.4%
Real Estate	2.6%	-
Communication Services	1.5%	7.9%
Healthcare	0.8%	16.0%
Consumer Defensive	0.5%	9.5%

Return for Risk

LOPP vs. CPAI — Risk / Return Rank

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

LOPP

LOPP Risk / Return Rank: 64
LOPP Sharpe Ratio Rank: 61
LOPP Sortino Ratio Rank: 62
LOPP Omega Ratio Rank: 58
LOPP Calmar Ratio Rank: 69
LOPP Martin Ratio Rank: 70

CPAI

CPAI Risk / Return Rank: 77
CPAI Sharpe Ratio Rank: 78
CPAI Sortino Ratio Rank: 73
CPAI Omega Ratio Rank: 71
CPAI Calmar Ratio Rank: 82
CPAI Martin Ratio Rank: 81

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. CPAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Love Our Planet & People ETF (LOPP) and Counterpoint Quantitative Equity ETF (CPAI). 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.

	LOPP	CPAI	Difference
Sharpe ratio Return per unit of total volatility	2.07	2.52	-0.46
Sortino ratio Return per unit of downside risk	2.92	3.33	-0.41
Omega ratio Gain probability vs. loss probability	1.35	1.43	-0.07
Calmar ratio Return relative to maximum drawdown	3.45	4.36	-0.91
Martin ratio Return relative to average drawdown	12.98	15.90	-2.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LOPP vs. CPAI - Sharpe Ratio Comparison

The current LOPP Sharpe Ratio is 2.07, which is comparable to the CPAI Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of LOPP and CPAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LOPP	CPAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	2.52	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.78	-1.22

Drawdowns

LOPP vs. CPAI - Drawdown Comparison

The maximum LOPP drawdown since its inception was -25.28%, which is greater than CPAI's maximum drawdown of -21.46%. Use the drawdown chart below to compare losses from any high point for LOPP and CPAI.

Drawdown Indicators

	LOPP	CPAI	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	-21.46%	-3.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-10.48%	+0.71%
Max Drawdown (3Y) Largest decline over 3 years	-20.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.28%	—	—
Current Drawdown Current decline from peak	-0.16%	-1.84%	+1.68%
Average Drawdown Average peak-to-trough decline	-8.25%	-2.97%	-5.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	2.87%	-0.28%

Volatility

LOPP vs. CPAI - Volatility Comparison

Gabelli Love Our Planet & People ETF (LOPP) has a higher volatility of 5.88% compared to Counterpoint Quantitative Equity ETF (CPAI) at 5.35%. This indicates that LOPP's price experiences larger fluctuations and is considered to be riskier than CPAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LOPP	CPAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.35%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	13.04%	14.50%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	16.32%	18.14%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.99%	19.19%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.69%	19.19%	-1.50%

LOPP vs. CPAI - Expense Ratio Comparison

LOPP has a 0.00% expense ratio, which is lower than CPAI's 0.75% expense ratio.

Dividends

LOPP vs. CPAI - Dividend Comparison

LOPP's dividend yield for the trailing twelve months is around 0.72%, more than CPAI's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021
CPAI Counterpoint Quantitative Equity ETF	0.70%	0.89%	0.41%	0.06%	0.00%	0.00%
LOPP Gabelli Love Our Planet & People ETF	0.72%	0.83%	1.88%	2.23%	2.01%	1.25%

Frequently Asked Questions

Can I hold both LOPP and CPAI in my portfolio?

LOPP and CPAI have a correlation of 0.63, 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 CPAI?

LOPP has higher volatility (5.88%) compared to CPAI (5.35%). In terms of maximum drawdown, LOPP dropped -25.28% vs CPAI's -21.46%.

Which ETF is better, LOPP or CPAI?

On 1-year performance, CPAI leads with 45.47% vs 33.50% for LOPP. On fees, LOPP is cheaper at 0.00% per year. On volatility, CPAI has been the lower-risk option at 5.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LOPP or CPAI?

Over the 1-year period, CPAI has performed better with a 45.47% return vs 33.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LOPP or CPAI?

LOPP is cheaper with a 0.00% expense ratio, compared with 0.75% for CPAI.

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

LOPP has the higher dividend yield at 0.72%, compared with 0.70% for CPAI.

What is the main difference between LOPP and CPAI?

They also come from different issuers: Gabelli and Counterpoint Funds. Their fees differ too: 0.00% for LOPP and 0.75% for CPAI.

Which has better risk-adjusted returns?

CPAI currently has the higher Sharpe Ratio (2.52 vs 2.07), 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.