LOPP vs NBET
Gabelli Love Our Planet & People ETF vs Neuberger Berman Energy Transition & Infrastructure ETF
Which is better, LOPP or NBET?
NBET has been ahead.
LOPP has a lower expense ratio. NBET led over 1Y, 3Y and the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 59.6%.
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 | NBET |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.65% |
| AUM | $15M | $54M |
| Dividend Yield | 0.78% | 2.57% |
| Holdings | 146 | 34 |
| YTD Return | +6.05% | +24.35%Best |
| 1Y Return | +9.51% | +28.92%Best |
| 3Y Return (annualized) | +17.26% | +25.01%Best |
| 5Y Return (annualized) | +5.94% | - |
| Volatility (annualized) | 17.6%Best | 19.1% |
| Max Drawdown | -20.3% | -18.7%Best |
| $10,000 over 4.5 years | $14,145 | $17,443Best |
| Top 10 Weight | 29.1%Best | 59.6% |
| Fund Family | Gabelli Funds | Neuberger Berman ETF Trust |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jan 29, 2021 | Apr 6, 2022 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Oct 15, 2026 (4.5 years).
LOPP vs NBET 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 4.5 years both funds cover.
LOPP vs NBET Performance
Gabelli Love Our Planet & People ETF (LOPP) is an ETF from Gabelli Funds and Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an ETF from Neuberger Berman ETF Trust. Over the past year LOPP returned +9.51% while NBET returned +28.92%. Year to date, LOPP is up 6.05% versus a gain of 24.35% for NBET.
Over three years, LOPP compounded at +17.26% per year against +25.01% for NBET.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 17.6% for LOPP. 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 -18.7% for NBET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LOPP charges 0.00% per year while NBET charges 0.65%. On a $10,000 position that is $0 vs $65 annually, a gap of $65 per year that compounds over a long holding period. On income, LOPP currently yields 0.78% against 2.57% for NBET.
Holdings Overlap
0.4% of LOPP's money is in holdings NBET also owns. 3.9% of NBET's money is in holdings LOPP also owns.
NBET and LOPP share little of their money.
1 positions in common, counted across the 69 positions we hold weights for in LOPP and 31 in NBET, against full books of 146 and 34.
What only one of them owns
Our book lists 28 positions for NBET that do not appear in our book for LOPP (93.6% of the fund), and 57 for LOPP that do not appear in NBET (84.1%).
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.
Top Shared Holdings
| Stock | Weight in LOPP | Weight in NBET | Difference |
|---|---|---|---|
| CWENClearway Energy, Inc., Class C | 0.42% | 3.85% | 3.43% |
You are not choosing between two funds in isolation.
Whichever of LOPP and NBET 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 NBET?
LOPP has an expense ratio of 0.00% while NBET charges 0.65%. LOPP is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, LOPP or NBET?
Over the past year LOPP returned +9.51% vs +28.92% for NBET, so NBET leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LOPP or NBET?
NBET has been the more volatile fund at 19.1% annualized versus 17.6% for LOPP. Worst drawdown: LOPP -20.3% vs NBET -18.7%.
Should I hold both LOPP and NBET?
LOPP and NBET have a monthly-return correlation of 0.72, 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 NBET?
3.9% of NBET's money is in holdings LOPP also owns. 3.9% of NBET's is in holdings LOPP also owns. They hold 1 positions in common, counted across the 69 positions we hold weights for in LOPP and 31 in NBET.
Which pays a higher dividend, LOPP or NBET?
LOPP yields 0.78% while NBET yields 2.57%, so NBET currently pays the higher dividend yield.
Is NBET better than LOPP?
LOPP has a lower expense ratio. NBET led over 1Y, 3Y and the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.