ETEC vs. GCAD ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Gabelli Equity Income ETF (GCAD)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$20.63
Average Daily Volume
433
11
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
$33.26
Average Daily Volume
677
31
Performance
| Period | ETEC | GCAD |
|---|---|---|
| 30 Days | -9.76% | -2.84% |
| 60 Days | 0.57% | -2.80% |
| 90 Days | 5.79% | 3.12% |
| 12 Months | 3.50% | 30.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ETEC | Weight in GCAD | Overlap |
|---|
ETEC Underweight 31 Positions Relative to GCAD
| Symbol | Grade | Weight | |
|---|---|---|---|
| BA | F | -8.08% | |
| SPR | C | -6.93% | |
| HXL | F | -6.04% | |
| MOG.A | C | -5.73% | |
| DCO | D | -5.35% | |
| HON | B | -4.74% | |
| LMT | D | -4.32% | |
| CW | B | -3.96% | |
| WWD | D | -3.94% | |
| RTX | C | -3.72% | |
| HEI | D | -3.72% | |
| CR | B | -3.68% | |
| HWM | B | -3.42% | |
| TXT | F | -3.38% | |
| LHX | A | -3.24% | |
| NOC | D | -3.23% | |
| MRCY | D | -3.0% | |
| GE | D | -2.94% | |
| LDOS | A | -2.92% | |
| AIN | F | -2.5% | |
| B | A | -2.3% | |
| TGI | C | -2.08% | |
| GD | C | -1.88% | |
| CDRE | D | -1.57% | |
| RDW | B | -1.39% | |
| KTOS | C | -1.04% | |
| PKE | C | -0.96% | |
| AIR | F | -0.86% | |
| ATRO | F | -0.82% | |
| LLAP | F | -0.26% | |
| MYNA | C | -0.18% |
ETEC: Top Represented Industries & Keywords
GCAD: Top Represented Industries & Keywords
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