GCAD vs. SLX ETF Comparison
Comparison of Gabelli Equity Income ETF (GCAD) to Market Vectors Steel Index ETF Fund (SLX)
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
$30.25
Average Daily Volume
873
10
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.Grade (RS Rating)
Last Trade
$69.66
Average Daily Volume
18,116
25
Performance
Period | GCAD | SLX |
---|---|---|
30 Days | -1.45% | -4.06% |
60 Days | 3.31% | -1.12% |
90 Days | 6.89% | -0.27% |
12 Months | 24.88% | 17.79% |
0 Overlapping Holdings
Symbol | Grade | Weight in GCAD | Weight in SLX | Overlap |
---|
GCAD Underweight 25 Positions Relative to SLX
Symbol | Grade | Weight | |
---|---|---|---|
RIO | A | -10.71% | |
VALE | D | -8.04% | |
NUE | D | -6.1% | |
HCC | A | -5.37% | |
CRS | A | -5.36% | |
TS | D | -4.8% | |
RS | D | -4.79% | |
STLD | D | -4.76% | |
TX | A | -4.72% | |
MT | D | -4.66% | |
GGB | D | -4.65% | |
CMC | D | -4.44% | |
ATI | A | -4.38% | |
X | D | -4.3% | |
PKX | D | -4.29% | |
CLF | F | -4.13% | |
SID | F | -4.09% | |
ROCK | D | -2.31% | |
WS | F | -1.7% | |
RYI | F | -1.11% | |
RDUS | F | -1.01% | |
SXC | D | -0.92% | |
ASTL | C | -0.85% | |
ZEUS | D | -0.79% | |
USAP | A | -0.77% |
GCAD: Top Represented Industries & Keywords
SLX: Top Represented Industries & Keywords