LOPP vs LOWV
Gabelli Love Our Planet & People ETF vs AB US Low Volatility Equity ETF
Which is better, LOPP or LOWV?
Each has led over a different period.
LOPP has a lower expense ratio. LOPP led over 1Y and 3Y, LOWV over the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 42.0%.
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 | LOPP | LOWV |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.39% |
| AUM | $15M | $206M |
| Dividend Yield | 0.78% | 0.87% |
| Holdings | 146 | 71 |
| YTD Return | +5.72% | +8.98%Best |
| 1Y Return | +9.54%Best | +9.29% |
| 3Y Return (annualized) | +17.16%Best | +16.12% |
| 5Y Return (annualized) | +5.97% | - |
| Volatility (annualized) | 16.5% | 9.7%Best |
| Max Drawdown | -20.3% | -13.9%Best |
| $10,000 over 3.6 years | $15,601 | $17,794Best |
| Top 10 Weight | 29.1%Best | 42.0% |
| Fund Family | Gabelli Funds | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jan 29, 2021 | Mar 22, 2023 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 22, 2023 to Oct 14, 2026 (3.6 years).
LOPP vs LOWV 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 3.6 years both funds cover.
LOPP vs LOWV Performance
Gabelli Love Our Planet & People ETF (LOPP) is an ETF from Gabelli Funds and AB US Low Volatility Equity ETF (LOWV) is an ETF from AllianceBernstein L.P.. Over the past year LOPP returned +9.54% while LOWV returned +9.29%. Year to date, LOPP is up 5.72% versus a gain of 8.98% for LOWV.
Over three years, LOPP compounded at +17.16% per year against +16.12% for LOWV. Across the full 4-year window we track, LOWV has the edge at +17.36% annualized vs +13.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LOPP has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 9.7% for LOWV. 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 -20.3% for LOPP and -13.9% for LOWV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LOPP charges 0.00% per year while LOWV charges 0.39%. On a $10,000 position that is $0 vs $39 annually, a gap of $39 per year that compounds over a long holding period. On income, LOPP currently yields 0.78% against 0.87% for LOWV.
Holdings Overlap
4.4% of LOPP's money is in holdings LOWV also owns. 7.3% of LOWV's money is in holdings LOPP also owns.
LOWV and LOPP share little of their money.
3 positions in common, counted across the 69 positions we hold weights for in LOPP and 68 in LOWV, against full books of 146 and 71.
What only one of them owns
Our book lists 59 positions for LOWV that do not appear in our book for LOPP (86.0% of the fund), and 56 for LOPP that do not appear in LOWV (82.5%).
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 LOPP and LOWV 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, LOPP or LOWV?
LOPP has an expense ratio of 0.00% while LOWV charges 0.39%. LOPP is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, LOPP or LOWV?
Over the past year LOPP returned +9.54% vs +9.29% for LOWV, so LOPP leads on 1-year performance. Over the longest common window we track (4 years), LOPP annualized +13.15% vs +17.36% for LOWV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LOPP or LOWV?
LOPP has been the more volatile fund at 16.5% annualized versus 9.7% for LOWV. Worst drawdown: LOPP -20.3% vs LOWV -13.9%.
Should I hold both LOPP and LOWV?
LOPP and LOWV have a monthly-return correlation of 0.59, 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 LOPP and LOWV?
7.3% of LOWV's money is in holdings LOPP also owns. 7.3% of LOWV's is in holdings LOPP also owns. They hold 3 positions in common, counted across the 69 positions we hold weights for in LOPP and 68 in LOWV.
Which pays a higher dividend, LOPP or LOWV?
LOPP yields 0.78% while LOWV yields 0.87%, so LOWV currently pays the higher dividend yield.
Is LOWV better than LOPP?
LOPP has a lower expense ratio. LOPP led over 1Y and 3Y, LOWV over the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.