GCAD

Gabelli Commercial Aerospace and Defense ETF

$44.77

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Gabelli Commercial Aerospace and Defense ETF (GCAD) seeks to provide investment results that correspond generally to the performance of the Gabelli Commercial Aerospace and Defense Index, which is designed to track the performance of companies involved in the commercial aerospace and defense industries.

Overview

ETF tracking Gabelli Commercial Aerospace and Defense ETF

Category Industrials

Issuer Other

Inception Date 2023-01-04

Market Cap $13.4M

Average Volume N/A

Dividend Yield 1.38%

52-Week Range $30.72 - $46.51

VWAP $44.70

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) investment approach, attempting to track the performance of the underlying index. The index is composed of publicly traded companies that are involved in the commercial aerospace and defense industries, including manufacturers of commercial aircraft, aircraft parts, and defense equipment.

✨ Key Features

Provides exposure to the commercial aerospace and defense sector
Tracks the Gabelli Commercial Aerospace and Defense Index
Utilizes a passive, index-tracking investment approach
Low expense ratio of 0.00%

⚠️ Primary Risks

Sector concentration risk: The fund's performance is closely tied to the commercial aerospace and defense industries, which may be more volatile than the broader market
Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
Tracking error risk: The fund may not perfectly track the performance of the underlying index
Liquidity risk: The fund may have difficulty buying or selling certain securities, particularly in volatile market conditions

👤 Best For

This ETF may be suitable for investors seeking exposure to the commercial aerospace and defense sector as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the higher volatility associated with a sector-specific fund.