GCAD vs. PPA ETF Comparison
Comparison of Gabelli Equity Income ETF (GCAD) to PowerShares Aerospace & Defense (PPA)
GCAD
Gabelli Equity Income ETF
GCAD Description
The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in securities in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.
Grade (RS Rating)
Last Trade
$35.26
Average Daily Volume
871
31
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$119.55
Average Daily Volume
185,461
48
Performance
| Period | GCAD | PPA |
|---|---|---|
| 30 Days | 2.90% | 1.92% |
| 60 Days | 4.74% | 5.31% |
| 90 Days | 4.50% | 7.32% |
| 12 Months | 33.11% | 38.04% |
24 Overlapping Holdings
| Symbol | Grade | Weight in GCAD | Weight in PPA | Overlap | |
|---|---|---|---|---|---|
| AIR | B | 0.86% | 0.35% | 0.35% | |
| B | A | 2.3% | 0.19% | 0.19% | |
| BA | F | 8.08% | 6.23% | 6.23% | |
| CDRE | F | 1.57% | 0.16% | 0.16% | |
| CW | C | 3.96% | 1.37% | 1.37% | |
| DCO | C | 5.35% | 0.14% | 0.14% | |
| GD | D | 1.88% | 4.93% | 1.88% | |
| GE | D | 2.94% | 6.71% | 2.94% | |
| HEI | A | 3.72% | 1.83% | 1.83% | |
| HON | C | 4.74% | 4.88% | 4.74% | |
| HWM | A | 3.42% | 4.44% | 3.42% | |
| HXL | F | 6.04% | 0.66% | 0.66% | |
| KTOS | B | 1.04% | 0.56% | 0.56% | |
| LDOS | C | 2.92% | 2.05% | 2.05% | |
| LHX | C | 3.24% | 4.07% | 3.24% | |
| LMT | D | 4.32% | 6.64% | 4.32% | |
| MOG.A | B | 5.73% | 0.66% | 0.66% | |
| MRCY | C | 3.0% | 0.35% | 0.35% | |
| NOC | D | 3.23% | 5.36% | 3.23% | |
| RTX | D | 3.72% | 7.09% | 3.72% | |
| SPR | D | 6.93% | 0.51% | 0.51% | |
| TGI | B | 2.08% | 0.2% | 0.2% | |
| TXT | D | 3.38% | 1.74% | 1.74% | |
| WWD | C | 3.94% | 0.92% | 0.92% |
GCAD Underweight 24 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| AXON | A | -4.43% | |
| PH | A | -4.28% | |
| TDG | D | -3.35% | |
| ETN | A | -3.16% | |
| PLTR | B | -2.72% | |
| BAH | F | -1.92% | |
| APH | A | -1.91% | |
| BWXT | B | -1.36% | |
| CACI | D | -1.26% | |
| HII | F | -1.07% | |
| TDY | B | -0.91% | |
| KBR | F | -0.88% | |
| AVAV | C | -0.84% | |
| ATI | C | -0.81% | |
| SAIC | F | -0.71% | |
| KEYS | A | -0.62% | |
| PSN | D | -0.61% | |
| RKLB | A | -0.56% | |
| OSK | C | -0.29% | |
| OSIS | A | -0.27% | |
| IRDM | D | -0.17% | |
| TTMI | C | -0.16% | |
| AI | B | -0.13% | |
| VSAT | F | -0.1% |
GCAD: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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