GCAD vs NATO
Gabelli Commercial Aerospace and Defense ETF against Themes Transatlantic Defense ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
40%
36 shared positions
Fee gap
25 bp
GCAD is cheaper
1-year return gap
12.4 pts
GCAD is ahead
Larger fund
NATO
$90M
Side by side
| GCAD | NATO | |
|---|---|---|
| Fund | Gabelli Commercial Aerospace and Defense ETF | Themes Transatlantic Defense ETF |
| Issuer | Gabelli | Themes |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.10% | 0.35% |
| Assets | $43M | $90M |
| Average daily dollar volume | $261K | $809K |
| Listed | Jan 3, 2023 | Oct 10, 2024 |
| FrenzyCap score | 54 | 53 |
| 1-month return | −3.5% | −5.1% |
| 3-month return | −10.8% | −9.3% |
| Year to date | +3.6% | −5.5% |
| 1-year return | +3.5% | −8.9% |
| 30-day volatility | 14.3% | 13.6% |
| Worst drawdown, 1 year | −17.5% | −18.9% |
| Trailing 12-month yield | 1.99% | 0.48% |
| Holdings | 54 | 85 |
| Top 10 weight | 47.5% | 58.6% |
| Look-through P/E | 46.6 | 29.8 |
| Holdings vs fair value | +5.6% | +7.2% |
| Holdings above 200-day average | 28% | 2% |
| Net flow, latest 3 reported months | +$13M thru Jun 2026 | −$6.3M thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
78% of GCAD · 65% of NATO| Holding | GCAD | NATO |
|---|---|---|
| BA | 5.20% | 7.25% |
| RTX | 4.14% | 7.58% |
| LMT | 3.97% | 5.17% |
| NOC | 3.48% | 3.35% |
| HWM | 2.60% | 4.83% |
| LHX | 4.01% | 2.51% |
| GD | 2.39% | 3.61% |
| TDG | 2.03% | 3.39% |
| HON | 2.01% | 3.14% |
| HONA | 1.98% | 3.10% |
| GE | 1.55% | 9.69% |
| CW | 2.44% | 1.31% |
| MTU AERO ENGINES AG | 0.77% | 1.03% |
| TXT | 3.87% | 0.76% |
| HEI | 1.29% | 0.67% |
| MOG.A | 6.20% | 0.54% |
| CR | 3.06% | 0.50% |
| HII | 0.66% | 0.49% |
| BWXT | 0.46% | 0.82% |
| RHEINMETALL AG | 0.46% | 2.40% |
| KTOS | 0.44% | 0.42% |
| HXL | 4.57% | 0.36% |
| MRCY | 3.93% | 0.29% |
| AIR | 1.67% | 0.25% |
| RENK GROUP AG | 0.65% | 0.18% |
Sector mix of the stock holdings
| Sector | GCAD | NATO | Gap |
|---|---|---|---|
| Industrials | 66.8% | 62.2% | +4.6% |
| Materials | 10.9% | 5.2% | +5.7% |
| Technology | 6.1% | 0.7% | +5.4% |
| Consumer Discretionary | 6.8% | 0.0% | +6.8% |
| Communication Services | 1.3% | 0.0% | +1.3% |
| Health Care | 0.4% | 0.0% | +0.4% |
More: full overlap table · GCAD holdings · NATO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.