GCADGabelli Commercial Aerospace & Defense ETF

Grow my money Get income3y track recordRanked #842 of 1,622 in this goal

Seeks a high level of total return with an emphasis on income.

By Gabelli · Launched 2023

Annual Cost

0.10%

#539 of 5,562 · low cost

Fund Size

$34M

#3,906 of 5,562 · small

Return (1Y)Goal

+40.3%

Track Record

3 years

#2,895 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$14,158+41.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Factor

Dividend

Sector

Industrials

Focus

Defense Innovation

What it actually holds

By weight

Concentration

Top 10 holdings = 52.4% of fundmoderately concentrated

Boeing Co/The

6.9%

TREASURY BILL

6.1%

Northrop Grumman Corp

5.2%

TREASURY BILL

5.2%

Albany International Corp

5.1%

Lockheed Martin Corp

5.0%

Textron Inc

4.9%

TREASURY BILL

4.8%

Moog Inc

4.7%

Hexcel Corp

4.5%

Asset allocation

Stocks

97.8%

Cash

2.2%

By sector

Industrials

90.8%

Consumer Cyclical

6.1%

Technology

1.6%

Communication

1.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

20.3%High

Year-on-year price swings

Max drawdown

-16.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.40Strong risk-adjusted returns

Sortino (3Y)

2.15Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of total return with an emphasis on income.
Strategy: Invests primarily in income-producing equity securities in the aerospace and defense sectors. Concentrates at least 25% of assets in companies engaged in these industries, focusing on those with strong cash flow and dividend potential. May include foreign securities through American Depositary Receipts.
Inception date: January 3, 2023
Fund family: Gabelli