LOPP vs. OPTZ

Last updated Jun 24, 2026

LOPP (Gabelli Love Our Planet & People ETF) and OPTZ (Optimize Strategy Index ETF) are both Mid Cap Blend Equities funds. LOPP is actively managed, while OPTZ is passively managed. Over the past year, LOPP returned 33.95% vs 61.16% for OPTZ. Their correlation of 0.80 suggests significant overlap in exposure. LOPP charges 0.00%/yr vs 0.25%/yr for OPTZ.

Performance

LOPP vs. OPTZ - Performance Comparison

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

Returns By Period

In the year-to-date period, LOPP achieves a 16.94% return, which is significantly lower than OPTZ's 32.54% return.

LOPP

• 1D: -1.52%
• 1M: 4.44%
• YTD: 16.94%
• 6M: 15.46%
• 1Y: 33.95%
• 3Y*: 16.79%
• 5Y*: 8.44%
• 10Y*: —

OPTZ

• 1D: -3.23%
• 1M: 7.00%
• YTD: 32.54%
• 6M: 30.49%
• 1Y: 61.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LOPP vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LOPP Gabelli Love Our Planet & People ETF	16.94%	22.61%	7.97%
OPTZ Optimize Strategy Index ETF	32.54%	22.83%	16.41%

Correlation

The correlation between LOPP and OPTZ is 0.77, 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	0.77
Correlation (All Time) Calculated using the full available price history since Apr 23, 2024	0.80

The correlation between LOPP and OPTZ has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.

LOPP vs. OPTZ - Sectors Allocation Comparison

Sectors	LOPP	OPTZ
Industrials	50.1%	8.2%
Utilities	16.5%	0.6%
Technology	8.5%	55.4%
Basic Materials	6.2%	1.1%
Consumer Cyclical	4.5%	8.5%
Energy	3.8%	1.3%
Healthcare	3.4%	9.4%
Real Estate	3.1%	1.4%
Financial Services	2.5%	8.0%
Communication Services	1.4%	2.6%
Consumer Defensive	0.5%	3.5%

Return for Risk

LOPP vs. OPTZ — Risk / Return Rank

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

LOPP

LOPP Risk / Return Rank: 69
LOPP Sharpe Ratio Rank: 67
LOPP Sortino Ratio Rank: 66
LOPP Omega Ratio Rank: 61
LOPP Calmar Ratio Rank: 74
LOPP Martin Ratio Rank: 74

OPTZ

OPTZ Risk / Return Rank: 92
OPTZ Sharpe Ratio Rank: 93
OPTZ Sortino Ratio Rank: 91
OPTZ Omega Ratio Rank: 89
OPTZ Calmar Ratio Rank: 92
OPTZ Martin Ratio Rank: 94

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. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Love Our Planet & People ETF (LOPP) and Optimize Strategy Index ETF (OPTZ). 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	OPTZ	Difference
Sharpe ratio: Return per unit of total volatility	2.02	3.09	-1.07
Sortino ratio: Return per unit of downside risk	2.82	3.95	-1.13
Omega ratio: Gain probability vs. loss probability	1.35	1.52	-0.18
Calmar ratio: Return relative to maximum drawdown	3.49	5.78	-2.29
Martin ratio: Return relative to average drawdown	13.04	25.39	-12.35

LOPP vs. OPTZ - Sharpe Ratio Comparison

The current LOPP Sharpe Ratio is 2.02, which is lower than the OPTZ Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of LOPP and OPTZ, 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. OPTZ - Drawdown Comparison

The maximum LOPP drawdown since its inception was -25.28%, roughly equal to the maximum OPTZ drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for LOPP and OPTZ.

Drawdown Indicators

	LOPP	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	-25.75%	+0.47%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-10.63%	+0.86%
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	-1.52%	-3.23%	+1.71%
Average Drawdown Average peak-to-trough decline	-8.17%	-3.36%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.42%	+0.19%

Volatility

LOPP vs. OPTZ - Volatility Comparison

The current volatility for Gabelli Love Our Planet & People ETF (LOPP) is 6.34%, while Optimize Strategy Index ETF (OPTZ) has a volatility of 9.74%. This indicates that LOPP experiences smaller price fluctuations and is considered to be less risky than OPTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LOPP	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.34%	9.74%	-3.40%
Volatility (6M) Calculated over the trailing 6-month period	13.57%	16.08%	-2.51%
Volatility (1Y) Calculated over the trailing 1-year period	16.90%	19.88%	-2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.11%	21.28%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	21.28%	-3.54%

LOPP vs. OPTZ - Expense Ratio Comparison

LOPP has a 0.00% expense ratio, which is lower than OPTZ's 0.25% 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. OPTZ - Dividend Comparison

LOPP's dividend yield for the trailing twelve months is around 0.71%, more than OPTZ's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021
LOPP Gabelli Love Our Planet & People ETF	0.71%	0.83%	1.88%	2.23%	2.01%	1.25%
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LOPP and OPTZ in my portfolio?

LOPP and OPTZ have a correlation of 0.77, 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 OPTZ?

OPTZ has higher volatility (9.74%) compared to LOPP (6.34%). In terms of maximum drawdown, LOPP dropped -25.28% vs OPTZ's -25.75%.

Which ETF is better, LOPP or OPTZ?

On 1-year performance, OPTZ leads with 61.16% vs 33.95% for LOPP. On fees, LOPP is cheaper at 0.00% per year. On volatility, LOPP has been the lower-risk option at 6.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LOPP or OPTZ?

Over the 1-year period, OPTZ has performed better with a 61.16% return vs 33.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LOPP or OPTZ?

LOPP is cheaper with a 0.00% expense ratio, compared with 0.25% for OPTZ.

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

LOPP has the higher dividend yield at 0.71%, compared with 0.44% for OPTZ.

What is the main difference between LOPP and OPTZ?

They also come from different issuers: Gabelli and Optimize. Their fees differ too: 0.00% for LOPP and 0.25% for OPTZ.

Which has better risk-adjusted returns?

OPTZ currently has the higher Sharpe Ratio (3.09 vs 2.02), 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.