SHLD vs. GCAD ETF Comparison

Comparison of Global X Defense Tech ETF (SHLD) to Gabelli Equity Income ETF (GCAD)

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$39.30

Average Daily Volume

280,871

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

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

$34.95

Average Daily Volume

854

Number of Holdings ^*

31

* may have additional holdings in another (foreign) market

Performance

Period	SHLD	GCAD
30 Days	0.80%	0.68%
60 Days	6.27%	3.80%
90 Days	7.70%	4.83%
12 Months	45.00%	32.70%

9 Overlapping Holdings

	Symbol	Grade	Weight in SHLD	Weight in GCAD	Overlap
	GD	D	6.94%	1.88%	1.88%
	KTOS	C	1.35%	1.04%	1.04%
	LDOS	C	4.86%	2.92%	2.92%
	LHX	B	4.35%	3.24%	3.24%
	LMT	D	7.91%	4.32%	4.32%
	MOG.A	B	2.07%	5.73%	2.07%
	MRCY	C	0.8%	3.0%	0.8%
	NOC	D	7.31%	3.23%	3.23%
	RTX	D	7.85%	3.72%	3.72%

SHLD Overweight 8 Positions Relative to GCAD

	Symbol	Grade	Weight
	PLTR	A	10.38%
	BWXT	A	4.01%
	PSN	C	3.92%
	HII	F	2.66%
	AVAV	C	2.02%
	OSIS	A	0.81%
	NPK	C	0.13%
	BBAI	C	0.05%

SHLD Underweight 22 Positions Relative to GCAD

	Symbol	Grade	Weight
	BA	D	-8.08%
	SPR	D	-6.93%
	HXL	F	-6.04%
	DCO	B	-5.35%
	HON	B	-4.74%
	CW	B	-3.96%
	WWD	B	-3.94%
	HEI	A	-3.72%
	CR	A	-3.68%
	HWM	A	-3.42%
	TXT	D	-3.38%
	GE	D	-2.94%
	AIN	C	-2.5%
	B	A	-2.3%
	TGI	A	-2.08%
	CDRE	F	-1.57%
	RDW	A	-1.39%
	PKE	C	-0.96%
	AIR	B	-0.86%
	ATRO	F	-0.82%
	LLAP	F	-0.26%
	MYNA	C	-0.18%

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Communication Equipment Computer Systems Diversified Industrials Electronic Components Security & Protection Services Software - Infrastructure

Keywords: S&P 500 Aerospace Department Of Defense National Security Avionics Big Data Combat Systems Communications Systems Computing Cybersecurity Electronic Systems Engineering Services Homeland Security Modeling And Simulation Radar Space Systems United States Navy Weapons Aerospace Systems Air Force

GCAD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials Communication Equipment Specialty Industrial Machinery Computer Systems Information Technology Services Security & Protection Services Semiconductor Equipment & Materials Textile Manufacturing

Keywords: Aerospace S&P 500 Avionics Electronics Radar Weapons Department Of Defense Helicopter Microwave Space Systems Actuator Aerostructure Aviation Defense Systems Laser Turbines U.S. Department Of Defense Aerospace Systems Brakes Combat Systems