DFLV vs LOPP

DFLVADimensional US Large Cap Value ETF

LOPPFGabelli Love Our Planet & People ETF

In short

DFLV Dimensional's value playbook in an ETF wrapper: large-cap value that also screens for profitability, spread across roughly 300 names, run by research rather than an index. Active by design, index-fund cheap in practice.

LOPP Old-school Gabelli value with a sustainability screen on top: US-listed stocks priced below what the adviser thinks a buyer would pay for the whole company. Active stockpicking, not an index clone.

Stated mandate

DFLV The ETF seeks long-term capital appreciation. Its investment approach combines research, portfolio design, portfolio management, and trading, emphasizing long-term expected-return drivers and broad diversification.

LOPP The Fund seeks capital appreciation by investing primarily in U.S.-listed stocks that satisfy its sustainability guidelines. It emphasizes companies trading at a material discount to the Adviser’s estimate of private market value.

Why people hold it

• DFLV Costs 0.21% a year, well under half the 0.55% median for US value funds in its peer group. Active management without the active price tag.
• Cheap alone doesn't get you in. The portfolio screens on value and profitability together, a filter aimed at cut-rate stocks that actually earn money.
• No index to shadow. Dimensional can trade on its own schedule and spreads the money across about 300 large-cap names instead of a handful of bets.
• Sits in the top tier of the US value funds we grade, and it is a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.

• LOPP The private market value test is the whole point. The adviser hunts US-listed stocks trading at a material discount to its estimate of what the entire business is worth to a buyer.
• Two filters, both spelled out in the prospectus: sustainability guidelines and a value discount test. Rare pairing, and you know exactly what the manager is fishing for.
• Actively managed and US-listed only. No index to hug, no foreign-currency layer, and a mandate that has stayed consistent since the 2021 launch.

Worth knowing

• DFLV Not the cheapest seat in the room: AVLV and SEIV run 0.15%, WTV 0.12%. You're paying a bit more for Dimensional's process.
• Being benchmark-free cuts both ways. With no index to measure against, there is no tracking-error scoreboard, and outcomes ride on the manager's judgment.
• Launched in December 2022, so the ETF's own record is short, and a value tilt behaves differently from the broad market. It pays quarterly.

• LOPP At 0.90% a year, it sits at the expensive end of the US value shelf. Index-based rivals like WTV (0.12%) and AVLV (0.15%) charge a fraction of it.
• A small fund that trades thinly, so bid-ask spreads matter more here than in a mega-cap index product.
• Cash comes back once or twice a year, not quarterly or monthly.

Full DFLV profile⁠

Full LOPP profile⁠