GCAD vs. IWTR ETF Comparison

Comparison of Gabelli Equity Income ETF (GCAD) to iShares MSCI Water Management Multisector ETF (IWTR)

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

$30.73

Average Daily Volume

867

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$30.58

Average Daily Volume

381

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	GCAD	IWTR
30 Days	-2.79%	-4.09%
60 Days	3.72%	3.93%
90 Days	4.22%	2.81%
12 Months	21.36%	9.86%

0 Overlapping Holdings

	Symbol	Grade	Weight in GCAD	Weight in IWTR	Overlap

GCAD Overweight 10 Positions Relative to IWTR

	Symbol	Grade	Weight
	SPR	D	7.71%
	BA	D	7.54%
	MOG.A	C	6.07%
	DCO	B	5.25%
	HON	A	5.06%
	LMT	C	4.68%
	TXT	D	4.2%
	CW	C	4.16%
	RTX	B	4.01%
	NOC	F	3.94%

GCAD Underweight 15 Positions Relative to IWTR

	Symbol	Grade	Weight
	XYL	B	-6.28%
	TXN	B	-6.18%
	MAR	C	-5.85%
	AWK	B	-5.84%
	INTC	F	-5.76%
	HLT	B	-4.5%
	CNM	C	-3.6%
	IFF	B	-3.0%
	BMI	B	-2.77%
	WTS	D	-2.58%
	FELE	D	-2.1%
	ZWS	D	-1.86%
	MWA	B	-0.99%
	ERII	F	-0.5%
	ALTM	F	-0.45%

GCAD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials

Keywords: Aerospace S&P 500 Radar Space Systems Aerostructure Aviation Avionics Helicopter Aerospace Systems Defense Systems Dow Jones Component Electronics Engineered Products Fiber Optics Laser Manned Aircraft Mechanical Systems Mission Systems Power Systems Propulsion Systems

IWTR: Top Represented Industries & Keywords

Industries: Diversified Industrials Lodging Semiconductors Industrial Distribution Industrial Metals & Minerals Pollution & Treatment Controls Scientific & Technical Instruments Specialty Chemicals Utilities - Regulated Water

Keywords: S&P 500 Construction Plumbing Irrigation Nasdaq 100 Water Water Treatment Water Utilities Baseband Building Engineering Building Materials Computing Connectivity Products Drainage Products Fire Hydrant Flow Control Food Service Gas Utilities Hospitality Industry Hotel