SHLD vs. GCAD ETF Comparison

Comparison of Global X Defense Tech ETF (SHLD) to Gabelli Equity Income ETF (GCAD)

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$37.19

Average Daily Volume

190,886

Number of Holdings ^*

8

* 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

$33.91

Average Daily Volume

755

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	SHLD	GCAD
30 Days	0.70%	0.50%
60 Days	6.23%	1.04%
90 Days	12.25%	7.88%
12 Months	52.50%	40.68%

1 Overlapping Holdings

	Symbol	Grade	Weight in SHLD	Weight in GCAD	Overlap
	LMT	A	8.78%	4.32%	4.32%

SHLD Overweight 7 Positions Relative to GCAD

	Symbol	Grade	Weight
	RTX	B	8.53%
	NOC	B	8.01%
	GD	C	7.21%
	PLTR	C	5.86%
	LDOS	A	4.32%
	LHX	C	4.29%
	HII	F	4.03%

SHLD Underweight 9 Positions Relative to GCAD

	Symbol	Grade	Weight
	BA	F	-8.08%
	SPR	D	-6.93%
	HXL	F	-6.04%
	MOG.A	B	-5.73%
	DCO	B	-5.35%
	HON	C	-4.74%
	CW	B	-3.96%
	WWD	C	-3.94%
	HEI	C	-3.72%

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Information Technology Services Software - Infrastructure

Keywords: S&P 500 Aerospace Communications Systems National Security Space Systems Aerospace Systems Aviation Avionics Business Aviation Combat Systems Electronic Systems Information Technology Solutions Mission Systems Northrop Grumman Radar Technology Products Technology Solutions United States Navy Aerostructure Aircraft

GCAD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials

Keywords: Aerospace Radar Avionics Defense Systems Electronics Engineered Products S&P 500 Wind Turbine Actuator Adhesives Aerostructure Aviation Dow Jones Component Helicopter Laser Microwave Overhaul Services Semiconductor Space Systems Supply Chain Management