GCAD vs. PPA ETF Comparison

Comparison of Gabelli Equity Income ETF (GCAD) to PowerShares Aerospace & Defense (PPA)
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
PPA

PowerShares Aerospace & Defense

PPA Description The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE™ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$102.93

Average Daily Volume

146,432

Number of Holdings *

47

* may have additional holdings in another (foreign) market
Performance
Period GCAD PPA
30 Days 2.66% 2.69%
60 Days 3.75% 4.07%
90 Days 8.49% 11.54%
12 Months 28.70% 32.34%
9 Overlapping Holdings
Symbol Grade Weight in GCAD Weight in PPA Overlap
BA D 8.26% 5.9% 5.9%
CW A 5.58% 1.31% 1.31%
DCO A 6.56% 0.15% 0.15%
HXL D 5.21% 0.97% 0.97%
LHX A 5.2% 4.58% 4.58%
MOG.A A 8.49% 0.65% 0.65%
SPR D 7.45% 0.74% 0.74%
TXT D 5.43% 2.4% 2.4%
WWD A 5.26% 1.08% 1.08%
GCAD Overweight 1 Positions Relative to PPA
Symbol Grade Weight
CR A 5.13%
GCAD Underweight 38 Positions Relative to PPA
Symbol Grade Weight
RTX B -6.9%
LMT B -6.78%
GE A -6.04%
NOC B -5.61%
GD A -4.91%
HON C -4.31%
TDG A -4.05%
ETN A -3.84%
PH C -3.6%
HWM A -3.57%
AXON A -3.35%
BAH B -2.48%
LDOS A -2.19%
APH A -2.15%
HII D -2.06%
HEI A -1.85%
BWXT D -1.41%
CACI A -1.35%
KBR A -1.34%
TDY D -1.0%
SAIC D -1.0%
ATI B -0.95%
J B -0.88%
AVAV B -0.88%
PLTR D -0.85%
PSN D -0.64%
KEYS D -0.6%
KTOS B -0.55%
AIR B -0.48%
OSK D -0.45%
MRCY D -0.34%
VSAT F -0.3%
OSIS C -0.26%
CDRE D -0.26%
IRDM C -0.2%
TGI D -0.2%
B C -0.15%
TTMI A -0.14%
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