GCAD vs. JETD ETF Comparison

Comparison of Gabelli Equity Income ETF (GCAD) to Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD)
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

Number of Holdings *

31

* may have additional holdings in another (foreign) market
JETD

Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs

JETD Description The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations.

Grade (RS Rating)

Last Trade

$13.24

Average Daily Volume

4,496

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period GCAD JETD
30 Days 2.90% -11.61%
60 Days 4.74% -33.31%
90 Days 4.50% -39.53%
12 Months 33.11% -59.37%
5 Overlapping Holdings
Symbol Grade Weight in GCAD Weight in JETD Overlap
BA F 8.08% 9.0% 8.08%
GD D 1.88% 7.17% 1.88%
GE D 2.94% 9.0% 2.94%
HON C 4.74% 9.0% 4.74%
RTX D 3.72% 9.0% 3.72%
GCAD Overweight 26 Positions Relative to JETD
Symbol Grade Weight
SPR D 6.93%
HXL F 6.04%
MOG.A B 5.73%
DCO C 5.35%
LMT D 4.32%
CW C 3.96%
WWD C 3.94%
HEI A 3.72%
CR A 3.68%
HWM A 3.42%
TXT D 3.38%
LHX C 3.24%
NOC D 3.23%
MRCY C 3.0%
LDOS C 2.92%
AIN C 2.5%
B A 2.3%
TGI B 2.08%
CDRE F 1.57%
RDW A 1.39%
KTOS B 1.04%
PKE B 0.96%
AIR B 0.86%
ATRO D 0.82%
LLAP F 0.26%
MYNA C 0.18%
GCAD Underweight 12 Positions Relative to JETD
Symbol Grade Weight
UPS C -9.0%
FDX B -9.0%
DAL B -8.98%
AAL B -7.91%
UAL A -7.29%
LUV C -6.79%
JBLU F -1.84%
ALK B -1.84%
SKYW C -0.63%
CPA D -0.57%
FWRD D -0.53%
ALGT B -0.46%
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