ETF

Gabelli Commercial Aerospace & Defense ETF

GCAD

Sector fund

Navigating the Future of Aerospace & Defense

Fund Total Net Assets as of 05/31/2025
$8M
NAV as of 06/02/2025
$37.87
Index
S&P 500 Index
Investment Category
Sector fund
Inception Date
1/3/2023
YTD Return as of 06/02/2025
15.802%
Total Net Assets

XXXXXXXXX

Market Price as of 06/02/2025
$39.38
1 Day NAV Change
0.429%
Dividends Paid
N/A
Minimum Initial Investment
N/A
Description of Strategy

The Gabelli Commercial Aerospace & Defense (GCAD) ETF seeks to harness the long-term economic trends of global commercial aerospace & defense secular and structural growth. The Fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in income producing equity securities primarily securities in the aerospace and defense sectors.

Investment Objective

GCAD’s investment objective is to provide income as well as capital appreciation.

Why Invest

Sector Expert Management: Actively managed by Lieutenant Colonel G. Anthony Bancroft, USMCR, who leverages his unique background in both military aviation and finance to identify companies with potential for long-term growth.
 
Capitalizing on Increased Defense Spending: Many nations have ramped up their defense budgets in response to ongoing global instability. The United States, its NATO allies, and several Asia-Pacific countries have reported substantial increases, with a focus on modernization and readiness.
 
Growing Technological Innovation: The defense sector is witnessing rapid innovation, particularly in areas like artificial intelligence, cybersecurity, and autonomous systems.

How To Invest

Individuals

Buy shares of GCAD through any of these platforms:

Schwab • Fidelity • Interactive Brokers • Robinhood

Working with a professional? Talk to your financial advisor about adding GCAD to your portfolio.

Financial Professionals

Call 1 (914) 921-5398 or email invest@gabelli.com

Buy shares through: Schwab • Fidelity • Interactive Brokers • Pershing

Investment Team

Portfolio Managers

Tony Bancroft

Tony Bancroft

3 years managing this fund
Research Analyst

Lieutenant Colonel Tony Bancroft, United States Marine Corps Reserve, joined the firm in 2009 as an associate in the alternative investments division and is currently an analyst covering the aerospace and defense and environmental services sectors, with a focus on suppliers to the commercial, military and regional jet aircraft industry and waste services. He previously… More

Dedicated Investment Team

Elena Meng

Research Analyst

Elena Meng joined GAMCO Investors in 2024 as a research analyst covering Global Healthcare. Previously, she served as Managing Director and Head of Asia Pacific Research at Ridgetop Research. Elena holds a BS in business administration with a concentration in finance from Binghamton University and holds an MBA from Columbia Business School where she was a… More

Research Analysts

30

Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios

Historical Performance

Growth of $10,000

$-

Inception date to 6/2/2025

A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.

Trailing Returns

As of 6/2/2025

Calendar Year Returns

Top Ten Holdings

Symbol Company Sector Portfolio
BABOEING CO/THEIndustrials432,855.90
SPRSPIRIT AEROSYSTEMS HOLD-CL AIndustrials415,311.92
MRCYMERCURY SYSTEMS INCIndustrials359,456.78
MOG/AMOOG INC-CLASS AIndustrials339,072.60
HONHONEYWELL INTERNATIONAL INCIndustrials332,024.00
HWMHOWMET AEROSPACE INCIndustrials326,400.68
DCODUCOMMUN INCIndustrials305,469.92
HXLHEXCEL CORPIndustrials302,822.80
LMTLOCKHEED MARTIN CORPIndustrials280,533.88
RTXRTX CORPIndustrials280,020.44

Daily Holdings

Download daily holdings file.

Portfolio Details

Fees

Gross Expense Ratio

0.90%

Net Expense Ratio

0.00%

Maximum Sales Charge

0.00%

Geographic Exposure By Country

Geographic Exposure By Region

Disclosures

Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com

Invest with Gabelli today