Gabelli Commercial Aerospace & Defense ETF
GCAD - ETF AI Analysis
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Gabelli Commercial Aerospace & Defense ETF (GCAD)
GCAD, the Gabelli Commercial Aerospace & Defense ETF, has a solid overall rating supported by strong holdings like Northrop Grumman, RTX, Hexcel, and Lockheed Martin, which benefit from robust backlogs, international growth, and positive earnings outlooks. However, weaker names such as Boeing, Albany International, and Ducommun, which face profitability, valuation, and operational challenges, weigh on the fund’s score. The main risk factor is the ETF’s concentrated exposure to the aerospace and defense sector, which can make performance more sensitive to industry-specific issues like government spending, program delays, and supply chain disruptions.
GCAD vs. SPDR S&P 500 ETF (SPY)
- AUM
- 44.61M
- Region
- North America
- Expense Ratio
- 0.10%
- Beta
- 0.91
- Issuer
- Gabelli
- Inception Date
- Jan 03, 2023
- Dividend Yield
- 1.91%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
GCAD Summary
GCAD is the Gabelli Commercial Aerospace & Defense ETF, focused on companies tied to airplanes, defense systems, and related industrial technology rather than following a broad market index. It mainly invests in U.S. industrial firms, including well-known names like Boeing and Lockheed Martin, along with other aerospace and defense suppliers. Someone might consider GCAD if they want targeted exposure to the long-term growth of air travel, global security spending, and advanced aerospace technology, while still holding a mix of different companies in the sector. A key risk is that it is heavily concentrated in aerospace and defense, so its value can rise or fall sharply with that industry.
How much will it cost me?
GCAD has an expense ratio of 0.10%, which means you’ll pay about $1 per year for every $1,000 invested. This cost is lower than the average ETF because it’s relatively lean for a specialized, actively managed fund focused on the aerospace and defense sector.
What would affect this ETF?
GCAD could benefit from rising global defense budgets, increased air travel, and ongoing innovation in aerospace technology, which would support its U.S.-focused industrial holdings like Boeing, Lockheed Martin, and other major defense contractors. On the downside, cuts to government defense spending, delays or safety issues in commercial aircraft programs, higher interest rates that pressure industrial companies, or stricter regulations on defense and aviation could weigh on the ETF’s future performance.
GCAD Top 10 Holdings
GCAD is essentially a bet on U.S. aerospace and defense, with heavy exposure to industrial heavyweights. Lockheed Martin, Northrop Grumman, and RTX have been rising or steady, giving the fund a solid backbone as defense spending stays robust. On the flip side, Boeing has been lagging and feels like it’s flying through turbulence, weighing on overall returns. Names like Moog and Hexcel show more mixed momentum, while Albany International and Ducommun add niche exposure but aren’t big performance drivers. Overall, this is a concentrated, U.S.-centric play on commercial aerospace and defense.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 AIN | Albany International | 6.82% | $2.98M | $1.96B | 50.20% | 56Neutral |
 LHX | L3Harris Technologies | 5.52% | $2.41M | $51.38B | -8.32% | 70Neutral |
 LMT | Lockheed Martin | 5.48% | $2.39M | $139.32B | 33.47% | 70Outperform |
 HONA | Honeywell Aerospace | 5.01% | $2.19M | $52.78B | -15.23% | ―― |
 MOG.A | Moog | 4.98% | $2.17M | $10.85B | 71.46% | 73Outperform |
 RTX | RTX | 4.74% | $2.07M | $270.25B | 12.31% | 74Outperform |
 DCO | Ducommun | 4.69% | $2.05M | $2.20B | 49.05% | 58Neutral |
 BA | Boeing | 4.52% | $1.97M | $137.39B | -10.59% | 54Neutral |
 NOC | Northrop Grumman | 4.19% | $1.83M | $77.94B | -2.78% | 76Outperform |
 HXL | Hexcel | 4.15% | $1.81M | $6.19B | 18.45% | 73Outperform |
GCAD Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GCAD, the sentiment is Positive. The current price of 50.14 is above the 20-day moving average (MA) of 48.76, above the 50-day MA of 49.10, and below the 200-day MA of 52.42, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 55.68 is Neutral, neither overbought nor oversold. The STOCH value of 79.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GCAD.
GCAD Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| GCAD | $50.14 | $53.00(5.70% Upside) | $44.61M | 0.10% | 63Neutral |
 PSR | $104.45 | $116.61(11.64% Upside) | $59.58M | 0.35% | 69Neutral |
 HVAC | $29.82 | $42.23(41.61% Upside) | $10.87M | 0.99% | 69Neutral |
 FLDZ | $27.67 | $37.18(34.35% Upside) | $6.85M | 0.40% | 59Neutral |
 AMMO | $22.13 | $29.64(33.93% Upside) | $2.45M | 0.75% | 56Neutral |
 TRUI | $24.43 | $28.82(17.93% Upside) | $241.05K | 0.10% | 71Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GCAD | Gabelli Commercial Aerospace & Defense ETF | 50.14 | 6.27 | 14.30% | |
| PSR | Invesco Active U.S. Real Estate Fund | 104.45 | 15.50 | 17.43% | |
| HVAC | AdvisorShares HVAC and Industrials ETF | 29.82 | -1.51 | -4.83% | |
| FLDZ | RiverNorth Volition America Patriot ETF | 27.67 | -0.60 | -2.11% | |
| AMMO | VistaShares Defense Supercycle ETF | 22.13 | -2.31 | -9.44% | |
| TRUI | VanEck Industrials TruSector ETF | 24.43 | -0.38 | -1.52% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.