GCAD vs. PID ETF Comparison
Comparison of Gabelli Equity Income ETF (GCAD) to PowerShares Intl Dividend Achievers (PID)
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
$35.28
Average Daily Volume
865
31
PID
PowerShares Intl Dividend Achievers
PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.Grade (RS Rating)
Last Trade
$19.14
Average Daily Volume
75,583
23
Performance
Period | GCAD | PID |
---|---|---|
30 Days | 0.46% | -4.14% |
60 Days | 3.79% | -3.24% |
90 Days | 4.95% | -0.43% |
12 Months | 32.71% | 14.22% |
0 Overlapping Holdings
Symbol | Grade | Weight in GCAD | Weight in PID | Overlap |
---|
GCAD Overweight 31 Positions Relative to PID
Symbol | Grade | Weight | |
---|---|---|---|
BA | D | 8.08% | |
SPR | D | 6.93% | |
HXL | F | 6.04% | |
MOG.A | B | 5.73% | |
DCO | B | 5.35% | |
HON | B | 4.74% | |
LMT | D | 4.32% | |
CW | B | 3.96% | |
WWD | B | 3.94% | |
RTX | D | 3.72% | |
HEI | A | 3.72% | |
CR | A | 3.68% | |
HWM | A | 3.42% | |
TXT | D | 3.38% | |
LHX | B | 3.24% | |
NOC | D | 3.23% | |
MRCY | C | 3.0% | |
GE | D | 2.94% | |
LDOS | C | 2.92% | |
AIN | C | 2.5% | |
B | A | 2.3% | |
TGI | A | 2.08% | |
GD | D | 1.88% | |
CDRE | F | 1.57% | |
RDW | B | 1.39% | |
KTOS | C | 1.04% | |
PKE | B | 0.96% | |
AIR | B | 0.86% | |
ATRO | D | 0.82% | |
LLAP | F | 0.26% | |
MYNA | D | 0.18% |
GCAD Underweight 23 Positions Relative to PID
Symbol | Grade | Weight | |
---|---|---|---|
BTI | A | -4.03% | |
NGG | D | -3.9% | |
KOF | F | -3.81% | |
PHI | D | -3.4% | |
TD | D | -2.78% | |
SNY | F | -2.51% | |
GFI | D | -2.43% | |
DEO | F | -2.31% | |
OTEX | F | -2.27% | |
MUFG | B | -2.27% | |
SMFG | B | -2.23% | |
NVS | D | -2.12% | |
PSO | B | -1.85% | |
INFY | C | -1.76% | |
DOX | D | -1.63% | |
CNI | F | -1.51% | |
RELX | D | -1.28% | |
RBA | A | -1.12% | |
WTW | B | -1.01% | |
SAP | A | -0.92% | |
LOGI | F | -0.88% | |
NVO | D | -0.6% | |
WCN | A | -0.49% |
GCAD: Top Represented Industries & Keywords
PID: Top Represented Industries & Keywords