Navigating the Future of Aerospace & Defense
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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.
GCAD’s investment objective is a high level of total return on its assets with an emphasis on income.
Important Disclosures:
Government aerospace regulation and spending policies can significantly affect the aerospace industry because many companies involved in the aerospace industry rely to a large extent on U.S. (and other) Government demand for their products and services.
You should consider the ETFs’ investment objectives, risks, charges and expenses carefully before you invest. The ETFs’ Prospectus is available from G.distributors, LLC, a registered broker-dealer and FINRA member firm, and contains this and other information about the ETFs, and should be read carefully before investing. To obtain a Prospectus or Summary Prospectus, please call 800-GABELLI or visit https://www.gabelli.com/funds/etfs/documents
Distributed by G.Distributors, LLC, a registered broker-dealer and FINRA member firm. One Corporate Center, Rye, NY 10580
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.
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.
Call 1 (914) 921-5398 or email invest@gabelli.com
Buy shares through: Schwab • Fidelity • Interactive Brokers • Pershing
Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios
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.
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
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. Total return and average annual returns are historical and reflect changes in share price, reinvestment of dividends and capital gains and are net of expenses. 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.
As of 08/07/2026
| Symbol | Company | Portfolio |
|---|---|---|
| AIN | ALBANY INTL CORP-CL A | 5.98% |
| MOG/A | MOOG INC-CLASS A | 5.85% |
| BA | BOEING CO/THE | 5.58% |
| DCO | DUCOMMUN INC | 5.00% |
| RTX | RTX CORP | 4.82% |
| HXL | HEXCEL CORP | 4.68% |
| LHX | L3HARRIS TECHNOLOGIES INC | 4.56% |
| LMT | LOCKHEED MARTIN CORP | 4.55% |
| HONA | HONEYWELL AEROSPACE INC | 4.45% |
| NOC | NORTHROP GRUMMAN CORP | 3.87% |
Gross Expense Ratio
0.90%
Net Expense Ratio
0.25%
Maximum Sales Charge
0.00%
Annual Management Fee
Gabelli is waiving the advisory fee on the first $25 million in net assets until April 30, 2027. As of July 31, 2026, the annualized net expense ratio was 0.40%.
| Q2 2026 | Q1 2026 | Calendar Year 2025 | |
|---|---|---|---|
| Days Traded At Premium | 50 | 36 | 241 |
| Days Traded At Discount | 12 | 25 | 9 |
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