GCAD vs. SPAM ETF Comparison

Comparison of Gabelli Equity Income ETF (GCAD) to Themes Cybersecurity ETF (SPAM)

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

$31.62

Average Daily Volume

848

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.31

Average Daily Volume

1,008

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	GCAD	SPAM
30 Days	6.69%	4.76%
60 Days	7.21%	-1.33%
90 Days	8.05%	-4.81%
12 Months	31.18%

0 Overlapping Holdings

	Symbol	Grade	Weight in GCAD	Weight in SPAM	Overlap

GCAD Overweight 10 Positions Relative to SPAM

	Symbol	Grade	Weight
	MOG.A	A	8.49%
	BA	F	8.26%
	SPR	D	7.45%
	DCO	B	6.56%
	CW	A	5.58%
	TXT	D	5.43%
	WWD	A	5.26%
	HXL	C	5.21%
	LHX	A	5.2%
	CR	A	5.13%

GCAD Underweight 8 Positions Relative to SPAM

	Symbol	Grade	Weight
	CACI	A	-5.46%
	BAH	A	-5.18%
	OKTA	D	-4.92%
	CYBR	D	-4.87%
	ALRM	D	-4.83%
	CRWD	C	-4.61%
	FTNT	F	-4.58%
	TENB	F	-4.32%

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

SPAM: Top Represented Industries & Keywords

Industries: Software - Infrastructure Software - Application Business Services Information Technology Services

Keywords: Computer Security Cybersecurity Security Solution Cyberwarfare Nasdaq 100 Work From Home Authentication Computer Network Security Computing Cryptography Homeland Security Internet Of Things Malware Mobile Devices National Security Security Engineering Security Services Software As A Service VPN Access Management