GCAD vs. MISL ETF Comparison

Comparison of Gabelli Equity Income ETF (GCAD) to First Trust Indxx Aerospace & Defense ETF (MISL)

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

$30.93

Average Daily Volume

864

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$27.58

Average Daily Volume

17,550

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	GCAD	MISL
30 Days	2.66%	3.20%
60 Days	3.75%	3.68%
90 Days	8.49%	9.98%
12 Months	28.70%	28.77%

2 Overlapping Holdings

	Symbol	Grade	Weight in GCAD	Weight in MISL	Overlap
	BA	D	8.26%	6.3%	6.3%
	TXT	D	5.43%	4.47%	4.47%

GCAD Overweight 8 Positions Relative to MISL

	Symbol	Grade	Weight
	MOG.A	A	8.49%
	SPR	D	7.45%
	DCO	A	6.56%
	CW	A	5.58%
	WWD	A	5.26%
	HXL	D	5.21%
	LHX	A	5.2%
	CR	A	5.13%

GCAD Underweight 8 Positions Relative to MISL

	Symbol	Grade	Weight
	RTX	B	-8.31%
	GD	A	-8.22%
	NOC	B	-7.44%
	LMT	B	-7.3%
	HWM	A	-4.48%
	LDOS	A	-4.38%
	TDG	A	-4.38%
	HII	D	-4.16%

GCAD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials Communication Equipment

Keywords: Aerospace Actuator Avionics Engineered Products Helicopter S&P 500 Weapons Wind Turbine Aerostructure Data Communications Defense Systems Electronics Fiber Optics Industrial Products Intelligence Systems Microwave Radar Supply Chain Management Turbines Adhesives

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Specialty Industrial Machinery

Keywords: S&P 500 Aerospace Space Systems Aviation Weapons Aerospace Systems Business Aviation Combat Systems Communications Systems Defense Systems Electronics Information Technology Solutions Manned Aircraft Mission Systems National Security Navy Northrop Grumman Radar Technology Products Technology Solutions