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ETFs

Gabelli Love Our Planet & People ETF

LOPP
$--
Today’s Change
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Snapshot
*

Inception Date
Feb 01 2021
Expense Ratio
0.00%
Type
US Equities
Fund Owner
GAMCO Investors
Volume (1m avg. daily)
$17,256
AUM
$12,162,648
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View
Invest with LOPP

What is LOPP?

The Fund seeks to provide capital appreciation. The Fund seeks to achieve its objective by investing substantially all, and in any case no less than 80%, of its assets in U.S. exchange-listed common and preferred stocks of companies that meet the Fund s guidelines for social responsibility at the time of investment. Your investment in the Fund is not guaranteed and you could lose some or all of the amount you invested.

ETFs related toLOPP

ETFs correlated to LOPP include JPME, JHMM, IWS

LOPP
Gabelli ETFs Trust - Gabelli Love Our Planet & People ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toLOPP

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#ROROMO

Risk On or Risk Off Momentum

Category

Momentum, Tactical Asset Allocation, Be Risk Aware

Risk Rating

Moderate

Create your own algorithmic trading strategy with LOPP using Composer

FAQ

LOPP is a US Equities ETF. The Fund seeks to provide capital appreciation. The Fund seeks to achieve its objective by investing substantially all, and in any case no less than 80%, of its assets in U.S. exchange-listed common and preferred stocks of companies that meet the Fund s guidelines for social responsibility at the time of investment. Your investment in the Fund is not guaranteed and you could lose some or all of the amount you invested.

Yes, LOPP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, LOPP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LOPP is -0.0639%. This is the percent change in the value of LOPP over the most recent 1-month period. The 3-month return on LOPP is -0.0305%. This is the percent change in the value of LOPP over the most recent 3-month period.

The standard deviation of LOPP for the past year is 0.2225%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LOPP include QUAL, SUSA, and USMV.

ETFs correlated to LOPP include JPME, JHMM, and IWS.

ETFs that are inversely correlated to LOPP include RWM, SRTY, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.