Gabelli Commercial Aerospace and Defense ETF

Frequently Asked Questions About GCAD

What does GCAD invest in?

The Gabelli Commercial Aerospace & Defense (GCAD) ETF aims to capitalize on the sustained economic expansion and foundational growth observed across the worldwide commercial aerospace and defense sectors. To achieve this goal, the fund typically commits a minimum of 80% of its total assets to income-generating equity securities, focusing primarily on companies within the aerospace and defense industries.

What is the expense ratio of GCAD?

Gabelli Commercial Aerospace and Defense ETF (GCAD) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GCAD?

Gabelli Commercial Aerospace and Defense ETF (GCAD) manages $43.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GCAD actively managed or an index fund?

GCAD is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GCAD's is 0.90%) in exchange for the discretion to over- or under-weight positions.

When was GCAD launched?

Gabelli Commercial Aerospace and Defense ETF (GCAD) launched in January 2023 and is managed by Gabelli.

How has GCAD performed?

GCAD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.