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GCADvsMISLETF Comparison

ETF 1

GCAD

Gabelli Commercial Aerospace & Defense ETF

This fund is part of

US Large Cap

+0.89%

Full GCAD fund page

VS

ETF 2

MISL

First Trust Indxx Aerospace & Defense ETF

Full MISL fund page

Gabelli Commercial Aerospace & Defense ETF (GCAD) belongs to the US Large Cap segment. First Trust Indxx Aerospace & Defense ETF (MISL) is part of the segment. GCAD's top 3 sector exposures are Industrials, Materials and Communication Services. In contrast, MISL's top sector exposures are Industrials, Communication Services and Information Technology. GCAD is more expensive with a Total Expense Ratio (TER) of 0.9%, versus 0.6% for MISL. GCAD is up 10.68% year-to-date (YTD) with +$12M in YTD flows. MISL performs worse with 4.31% YTD performance, and +$150M in YTD flows. Run a side-by-side ETF comparison of GCAD and MISL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GCAD vs MISL performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/22/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	GCAD MISL	+1.85%-2.63%	-3.14%-10.12%	+10.68%+4.31%	+59.88%+47.48%	+115.61%+101.94%	n/an/a
Flows	GCAD MISL	+$794K+$40M	+$10M+$136M	+$12M+$150M	+$16M+$1.24B	+$19M+$1.33B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	GCAD MISL	+24.31%+26.68%	+18.20%+20.94%	+18.19%+18.92%	n/an/a
Max drawdown	GCAD MISL	-14.81%-14.85%	-14.81%-15.22%	-16.22%-17.72%	n/an/a
Max drawdown duration	GCAD MISL	51d52d	51d94d	91d184d	n/an/a

Trading data

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	GCAD	MISL
Last sale 4/24/2026 at 1:30 PM	$50.34	$43.76
Previous close 04/23/2026	$51.10	$44.61
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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GCAD

is actively managed and doesn’t replicate an index

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	GCAD	MISL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	GCAD	MISL
Last price	$50.34	$43.76
1D performance	-1.49%	-1.91%
AuM	$28.22 M	$1.49 B
E/R	0.9%	0.6%

Characteristics

	GCAD	MISL
Management strategy	Active	Passive
Provider	Gabelli Funds	First Trust
Benchmark	-	Indxx US Aerospace and Defense Index
N° of holdings	38	31
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 3, 2023	October 26, 2022
ESG	No	No

More GCAD data on Trackinsight

More MISL data on Trackinsight

Exposure

Countries

GCAD

USA

87.87%

Other

12.13%

MISL

USA

96.34%

Other

3.66%

Sectors

GCAD

Industrials

85.62%

Other

14.38%

MISL

Industrials

85.12%

Other

14.88%

Diversification

GCAD

Total weight of top 15 holdings out of 15

63.19%

MISL

Total weight of top 15 holdings out of 15

78.69%

Top 15 holdings

Data as of March 31, 2026

GCAD

ALBANY INTERNATIONAL

5.94%

BOEING U

5.92%

LOCKHEED MARTIN

5.83%

NORTHROP GRUMMAN

5.79%

MOOG

5.30%

HEXCEL

4.58%

TEXTRON

4.58%

HONEYWELL INTL

4.21%

DUCOMMUN

3.86%

L3 HARRIS TECHNOLOGIES

3.60%

MERCURY SYSTEMS INC

2.90%

GENERAL DYNAMICS

2.87%

HOWMET AEROSPACE INC

2.77%

CURTISS WRIGHT

2.72%

ASTRONICS

2.33%

MISL

LOCKHEED MARTIN

9.55%

RAYTHEON TECHNOLOGIES CORPORD

8.67%

GENERAL DYNAMICS

8.32%

GENERAL ELECTRIC

7.64%

BOEING U

7.42%

NORTHROP GRUMMAN

4.73%

HOWMET AEROSPACE INC

4.60%

L3 HARRIS TECHNOLOGIES

4.42%

AST SPACEMOBILE

3.61%

TRANSDIGM GROUP

3.54%

KYG3730V1059

3.35%

CURTISS WRIGHT

3.33%

HEICO

3.27%

US7731211089

3.24%

WOODWARD

3.00%

Frequently asked questions about GCAD and MISL

How have the GCAD and MISL ETFs performed in 2026?

As of April 22, 2026, GCAD is up 10.68% year-to-date (YTD), while MISL has returned 4.31%. That puts GCAD better performer ahead so far this year.

Which ETF is attracting more investor money: GCAD or MISL?

Year-to-date, the GCAD ETF saw +$12M in flows, compared to +$150M for MISL.

Which ETF is more volatile: GCAD or MISL?

Over the past year, GCAD had a volatility of 18.2%, while MISL experienced 20.94%.

Which ETF is bigger: GCAD or MISL?

As of April 22, 2026, GCAD holds $28.22 M in assets under management (AUM), while MISL manages $1.49 B.

What sectors do the GCAD and MISL ETFs invest in?

GCAD leans toward sectors like Industrials. Meanwhile, MISL focuses on Industrials.

What are the top holdings of the GCAD ETF and MISL ETF?

GCAD top holdings include ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN. MISL holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS.

Which ETF is more diversified: GCAD or MISL?

GCAD holds 40 securities with 63.19% of its assets in the top 15. MISL has 37 securities and a top 15 weight of 78.69%.

Tony's ETF Buyers Guide: Aerospace & Defense ETFs

January 15, 2024

GCAD

Israel-Hamas War, Part 1: Implications for Aerospace & Defense ETFs

November 2, 2023

GCAD

GCADvsMISLETF Comparison

Gabelli Commercial Aerospace & Defense ETF

First Trust Indxx Aerospace & Defense ETF

GCAD vs MISL performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the GCAD and MISL ETFs performed in 2026?

As of April 22, 2026, GCAD is up 10.68% year-to-date (YTD), while MISL has returned 4.31%. That puts GCAD better performer ahead so far this year.

Which ETF is attracting more investor money: GCAD or MISL?

Year-to-date, the GCAD ETF saw +$12M in flows, compared to +$150M for MISL.

Which ETF is more volatile: GCAD or MISL?

Over the past year, GCAD had a volatility of 18.2%, while MISL experienced 20.94%.

Which ETF is bigger: GCAD or MISL?

As of April 22, 2026, GCAD holds $28.22 M in assets under management (AUM), while MISL manages $1.49 B.

What sectors do the GCAD and MISL ETFs invest in?

GCAD leans toward sectors like Industrials. Meanwhile, MISL focuses on Industrials.

What are the top holdings of the GCAD ETF and MISL ETF?

GCAD top holdings include ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN. MISL holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS.

Which ETF is more diversified: GCAD or MISL?

GCAD holds 40 securities with 63.19% of its assets in the top 15. MISL has 37 securities and a top 15 weight of 78.69%.

Tony's ETF Buyers Guide: Aerospace & Defense ETFs

Israel-Hamas War, Part 1: Implications for Aerospace & Defense ETFs

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up