LOPP vs. VOO
Compare and contrast key facts about Gabelli Love Our Planet & People ETF (LOPP) and Vanguard S&P 500 ETF (VOO).
LOPP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LOPP is an actively managed fund by GAMCO Investors, Inc.. It was launched on Feb 1, 2021. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LOPP or VOO.
Key characteristics
| LOPP | VOO | |
|---|---|---|
| YTD Return | 8.32% | 11.61% |
| 1Y Return | 12.71% | 29.33% |
| 3Y Return (Ann) | 1.21% | 10.04% |
| Sharpe Ratio | 0.94 | 2.66 |
| Daily Std Dev | 14.65% | 11.60% |
| Max Drawdown | -25.28% | -33.99% |
| Current Drawdown | -5.03% | -0.19% |
Correlation
The correlation between LOPP and VOO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LOPP vs. VOO - Performance Comparison
In the year-to-date period, LOPP achieves a 8.32% return, which is significantly lower than VOO's 11.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LOPP vs. VOO - Expense Ratio Comparison
LOPP has a 0.90% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
LOPP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Love Our Planet & People ETF (LOPP) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
LOPP vs. VOO - Dividend Comparison
LOPP's dividend yield for the trailing twelve months is around 2.06%, more than VOO's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LOPP Gabelli Love Our Planet & People ETF | 2.06% | 2.23% | 2.01% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.32% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
LOPP vs. VOO - Drawdown Comparison
The maximum LOPP drawdown since its inception was -25.28%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LOPP and VOO. For additional features, visit the drawdowns tool.
Volatility
LOPP vs. VOO - Volatility Comparison
Gabelli Love Our Planet & People ETF (LOPP) has a higher volatility of 3.96% compared to Vanguard S&P 500 ETF (VOO) at 3.41%. This indicates that LOPP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.