MISL vs. GCAD ETF Comparison

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

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

$27.83

Average Daily Volume

17,582

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

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

$31.20

Average Daily Volume

868

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	MISL	GCAD
30 Days	3.07%	2.68%
60 Days	3.77%	3.16%
90 Days	10.42%	9.44%
12 Months	28.57%	28.40%

2 Overlapping Holdings

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

MISL Overweight 8 Positions Relative to GCAD

	Symbol	Grade	Weight
	RTX	A	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%

MISL Underweight 8 Positions Relative to GCAD

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

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

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