KONG vs LOPP
Formidable Fortress ETF vs Gabelli Love Our Planet & People ETF
Which is better, KONG or LOPP?
Each has led over a different period.
LOPP has a lower expense ratio. KONG led over 1Y and 5Y, LOPP over 3Y and the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 43.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KONG | LOPP |
|---|---|---|
| Expense Ratio | 0.89% | 0.00%Best |
| AUM | $23M | $15M |
| Dividend Yield | 0.34% | 0.78% |
| Holdings | 106 | 146 |
| YTD Return | +8.48%Best | +5.72% |
| 1Y Return | +9.69%Best | +9.54% |
| 3Y Return (annualized) | +9.30% | +17.16%Best |
| 5Y Return (annualized) | +6.61%Best | +5.97% |
| Volatility (annualized) | 12.2%Best | 17.5% |
| Max Drawdown | -20.0%Best | -25.3% |
| $10,000 over 5 years | $13,772Best | $13,363 |
| Top 10 Weight | 43.3% | 29.1%Best |
| Fund Family | Formidable Funds | Gabelli Funds |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jul 21, 2021 | Jan 29, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jul 22, 2021 to Oct 14, 2026 (5.2 years).
KONG vs LOPP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.2 years both funds cover.
KONG vs LOPP Performance
Formidable Fortress ETF (KONG) is an ETF from Formidable Funds and Gabelli Love Our Planet & People ETF (LOPP) is an ETF from Gabelli Funds. Over the past year KONG returned +9.69% while LOPP returned +9.54%. Year to date, KONG is up 8.48% versus a gain of 5.72% for LOPP.
Over three years, KONG compounded at +9.30% per year against +17.16% for LOPP; over five years the annualized figures are +6.61% and +5.97% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LOPP has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 12.2% for KONG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.0% for KONG and -25.3% for LOPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KONG charges 0.89% per year while LOPP charges 0.00%. On a $10,000 position that is $89 vs $0 annually, a gap of $89 per year that compounds over a long holding period. On income, KONG currently yields 0.34% against 0.78% for LOPP.
Holdings Overlap
10.4% of KONG's money is in holdings LOPP also owns. 6.1% of LOPP's money is in holdings KONG also owns.
KONG and LOPP share little of their money.
4 positions in common, counted across the 34 positions we hold weights for in KONG and 69 in LOPP, against full books of 106 and 146.
What only one of them owns
Our book lists 54 positions for LOPP that do not appear in our book for KONG (78.4% of the fund), and 30 for KONG that do not appear in LOPP (90.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of KONG and LOPP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KONG or LOPP?
KONG has an expense ratio of 0.89% while LOPP charges 0.00%. LOPP is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, KONG or LOPP?
Over the past year KONG returned +9.69% vs +9.54% for LOPP, so KONG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KONG or LOPP?
LOPP has been the more volatile fund at 17.5% annualized versus 12.2% for KONG. Worst drawdown: KONG -20.0% vs LOPP -25.3%.
Should I hold both KONG and LOPP?
KONG and LOPP have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between KONG and LOPP?
10.4% of KONG's money is in holdings LOPP also owns. 6.1% of LOPP's is in holdings KONG also owns. They hold 4 positions in common, counted across the 34 positions we hold weights for in KONG and 69 in LOPP.
Which pays a higher dividend, KONG or LOPP?
KONG yields 0.34% while LOPP yields 0.78%, so LOPP currently pays the higher dividend yield.
Is LOPP better than KONG?
LOPP has a lower expense ratio. KONG led over 1Y and 5Y, LOPP over 3Y and the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.