LOPP vs. SCHM

Last updated Jul 14, 2026

LOPP (Gabelli Love Our Planet & People ETF) and SCHM (Schwab US Mid-Cap ETF) are both Mid Cap Blend Equities funds. LOPP is actively managed, while SCHM is passively managed. Over the past 5 years, LOPP returned 7.94%/yr vs 8.28%/yr for SCHM. Their correlation of 0.90 suggests significant overlap in exposure. LOPP charges 0.00%/yr vs 0.04%/yr for SCHM.

Performance

LOPP vs. SCHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Love Our Planet & People ETF (LOPP) and Schwab US Mid-Cap ETF (SCHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LOPP achieves a 14.81% return, which is significantly lower than SCHM's 18.30% return.

LOPP

• 1D: -1.56%
• 1M: -0.27%
• 6M: 9.67%
• YTD: 14.81%
• 1Y: 26.03%
• 3Y*: 14.48%
• 5Y*: 7.94%
• 10Y*: —

SCHM

• 1D: -1.20%
• 1M: -1.48%
• 6M: 12.14%
• YTD: 18.30%
• 1Y: 25.42%
• 3Y*: 15.26%
• 5Y*: 8.28%
• 10Y*: 11.02%

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

LOPP vs. SCHM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LOPP Gabelli Love Our Planet & People ETF	14.81%	22.61%	9.89%	4.74%	-15.04%	19.35%
SCHM Schwab US Mid-Cap ETF	18.30%	10.17%	11.98%	16.69%	-17.07%	18.37%

Correlation

The correlation between LOPP and SCHM is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Feb 1, 2021	0.90

The correlation between LOPP and SCHM has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

LOPP vs. SCHM - Sectors Allocation Comparison

Sectors	LOPP	SCHM
Industrials	50.1%	21.7%
Utilities	16.5%	2.9%
Technology	8.5%	22.1%
Basic Materials	6.2%	4.7%
Consumer Cyclical	4.5%	10.8%
Energy	3.8%	3.4%
Healthcare	3.4%	10.9%
Real Estate	3.1%	6.4%
Financial Services	2.5%	10.9%
Communication Services	1.4%	2.6%
Consumer Defensive	0.5%	3.4%

Return for Risk

LOPP vs. SCHM — Risk / Return Rank

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

LOPP

LOPP Risk / Return Rank: 60
LOPP Sharpe Ratio Rank: 56
LOPP Sortino Ratio Rank: 57
LOPP Omega Ratio Rank: 52
LOPP Calmar Ratio Rank: 67
LOPP Martin Ratio Rank: 68

SCHM

SCHM Risk / Return Rank: 62
SCHM Sharpe Ratio Rank: 57
SCHM Sortino Ratio Rank: 59
SCHM Omega Ratio Rank: 54
SCHM Calmar Ratio Rank: 68
SCHM Martin Ratio Rank: 73

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. SCHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Love Our Planet & People ETF (LOPP) and Schwab US Mid-Cap ETF (SCHM). 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	SCHM	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.54	-0.02
Sortino ratio: Return per unit of downside risk	2.17	2.23	-0.06
Omega ratio: Gain probability vs. loss probability	1.26	1.27	-0.01
Calmar ratio: Return relative to maximum drawdown	2.68	2.74	-0.06
Martin ratio: Return relative to average drawdown	9.74	10.66	-0.93

LOPP vs. SCHM - Sharpe Ratio Comparison

The current LOPP Sharpe Ratio is 1.52, which is comparable to the SCHM Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of LOPP and SCHM, 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. SCHM - Drawdown Comparison

The maximum LOPP drawdown since its inception was -25.28%, smaller than the maximum SCHM drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for LOPP and SCHM.

Drawdown Indicators

	LOPP	SCHM	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	-42.43%	+17.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-9.32%	-0.45%
Max Drawdown (3Y) Largest decline over 3 years	-20.28%	-23.27%	+2.99%
Max Drawdown (5Y) Largest decline over 5 years	-25.28%	-26.46%	+1.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.43%	—
Current Drawdown Current decline from peak	-4.74%	-4.04%	-0.70%
Average Drawdown Average peak-to-trough decline	-8.12%	-5.63%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.39%	+0.29%

Volatility

LOPP vs. SCHM - Volatility Comparison

The current volatility for Gabelli Love Our Planet & People ETF (LOPP) is 5.76%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 6.08%. This indicates that LOPP experiences smaller price fluctuations and is considered to be less risky than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LOPP	SCHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	6.08%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	13.94%	12.88%	+1.06%
Volatility (1Y) Calculated over the trailing 1-year period	17.25%	16.61%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	19.70%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	20.47%	-2.72%

LOPP vs. SCHM - Expense Ratio Comparison

LOPP has a 0.00% expense ratio, which is lower than SCHM's 0.04% 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. SCHM - Dividend Comparison

LOPP's dividend yield for the trailing twelve months is around 0.72%, less than SCHM's 1.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LOPP Gabelli Love Our Planet & People ETF	0.72%	0.83%	1.88%	2.23%	2.01%	1.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHM Schwab US Mid-Cap ETF	1.25%	1.46%	1.43%	1.50%	1.67%	1.13%	1.31%	1.48%	1.56%	1.27%	1.51%	1.54%

Frequently Asked Questions

Can I hold both LOPP and SCHM in my portfolio?

LOPP and SCHM have a correlation of 0.84, 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 SCHM?

SCHM has higher volatility (6.08%) compared to LOPP (5.76%). In terms of maximum drawdown, LOPP dropped -25.28% vs SCHM's -42.43%.

Which ETF is better, LOPP or SCHM?

On 5-year performance, SCHM leads with 8.28% vs 7.94% for LOPP. On fees, LOPP is cheaper at 0.00% per year. On volatility, LOPP has been the lower-risk option at 5.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LOPP or SCHM?

Over the 5-year period, SCHM has performed better with a 8.28% return vs 7.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LOPP or SCHM?

LOPP is cheaper with a 0.00% expense ratio, compared with 0.04% for SCHM.

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

SCHM has the higher dividend yield at 1.25%, compared with 0.72% for LOPP.

What is the main difference between LOPP and SCHM?

They also come from different issuers: Gabelli and Charles Schwab. Their fees differ too: 0.00% for LOPP and 0.04% for SCHM.

Which has better risk-adjusted returns?

SCHM currently has the higher Sharpe Ratio (1.54 vs 1.52), 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.