LOPP vs QQQ
Gabelli Love Our Planet & People ETF vs Invesco QQQ Trust, Series 1
Which is better, LOPP or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 47.2%.
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 | QQQ |
|---|---|---|
| Expense Ratio | 0.90% | 0.18%Best |
| AUM | $15M | $498.6B |
| Dividend Yield | 0.74% | 0.42% |
| Holdings | 146 | 321 |
| YTD Return | +5.57% | +21.44%Best |
| 1Y Return | +9.87% | +23.58%Best |
| 3Y Return (annualized) | +16.84% | +27.86%Best |
| 5Y Return (annualized) | +6.50% | +16.25%Best |
| Volatility (annualized) | 17.0%Best | 20.1% |
| Max Drawdown | -25.3%Best | -35.1% |
| $10,000 over 5 years | $13,701 | $21,231Best |
| Top 10 Weight | 29.1%Best | 47.2% |
| Fund Family | Gabelli Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Jan 29, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Feb 1, 2021 to Oct 1, 2026 (5.7 years).
LOPP vs QQQ 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 5.7 years both funds cover.
LOPP vs QQQ Performance
Gabelli Love Our Planet & People ETF (LOPP) is an ETF from Gabelli Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LOPP returned +9.87% while QQQ returned +23.58%. Year to date, LOPP is up 5.57% versus a gain of 21.44% for QQQ.
Over three years, LOPP compounded at +16.84% per year against +27.86% for QQQ; over five years the annualized figures are +6.50% and +16.25% respectively. Across the full 6-year window we track, QQQ has the edge at +16.55% annualized vs +7.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 17.0% 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 -25.3% for LOPP and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LOPP charges 0.90% per year while QQQ charges 0.18%. On a $10,000 position that is $90 vs $18 annually, a gap of $72 per year that compounds over a long holding period. On income, LOPP currently yields 0.74% against 0.42% for QQQ.
Holdings Overlap
1.0% of LOPP's money is in holdings QQQ also owns. 3.5% of QQQ's money is in holdings LOPP also owns.
QQQ and LOPP share little of their money.
2 positions in common, counted across the 68 positions we hold weights for in LOPP and 102 in QQQ, against full books of 146 and 321.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for LOPP (94.3% of the fund), and 55 for LOPP that do not appear in QQQ (83.5%).
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 QQQ 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 QQQ?
LOPP has an expense ratio of 0.90% while QQQ charges 0.18%. QQQ is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, LOPP or QQQ?
Over the past year LOPP returned +9.87% vs +23.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), LOPP annualized +7.76% vs +16.55% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LOPP or QQQ?
QQQ has been the more volatile fund at 20.1% annualized versus 17.0% for LOPP. Worst drawdown: LOPP -25.3% vs QQQ -35.1%.
Should I hold both LOPP and QQQ?
LOPP and QQQ have a monthly-return correlation of 0.70, 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 QQQ?
3.5% of QQQ's money is in holdings LOPP also owns. 3.5% of QQQ's is in holdings LOPP also owns. They hold 2 positions in common, counted across the 68 positions we hold weights for in LOPP and 102 in QQQ.
Which pays a higher dividend, LOPP or QQQ?
LOPP yields 0.74% while QQQ yields 0.42%, so LOPP currently pays the higher dividend yield.
Is QQQ better than LOPP?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. LOPP is less concentrated, with 29.1% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.