LOPPGabelli Love Our Planet & People ETF
LOPP Fund Description
LOPP is an actively managed, non-transparent fund of US-listed companies selected by combining ESG with value-oriented investing.
LOPP Factset Analytics Insight
LOPP, relying primarily on its own proprietary research, actively selects US listed stocks or ADRs of companies that meet the fund’s ESG guidelines and are perceived to be trading at a discount. The fund focuses on stocks that aim to have a positive impact on the environment and deliver returns in a socially responsive manner. The fund excludes fossil fuel companies, the top 50 defense/weapons contractors, and companies that derive more than 5% of their revenues from controversial industries. LOPP considers companies that meet certain social guidelines, such as those that have started or implemented internal policies addressing inequality in the workplace and fair treatment of workers. Once the universe of stocks is identified, the fund selects those that appear to be trading at a material discount to their private market value. Note, LOPP is a non-transparent ETF, which means it does not provide daily disclosure of its portfolio holding unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads than other ETFs that disclose holdings daily, especially during periods of volatility. Lastly, the fund waived its fees and expenses on the first $100 million invested for at least the first year of operation.
LOPP MSCI ESG Analytics Insight
Gabelli Love Our Planet & People ETF has an MSCI ESG Fund Rating of AA based on a score of 7.63 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Gabelli Love Our Planet & People ETF ranks in the 80th percentile within its peer group and in the 92nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
LOPP Summary Data
LOPP Portfolio Data
LOPP Index Data
LOPP Portfolio Management
LOPP Tax Exposures
LOPP Fund Structure
LOPP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LOPP. LOPP is rated a N/A out of 5.
LOPP Economic Development
LOPP Performance Statistics
LOPP MSCI ESG Ratings
LOPP Benchmark Comparison Summary
LOPP Benchmark Comparison Market Cap Size