GCADvsPPAETF Comparison
Invesco Aerospace & Defense ETF
Gabelli Commercial Aerospace & Defense ETF (GCAD) belongs to the US Large Cap segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. GCAD's top 3 sector exposures are Industrials, Materials and Communication Services. In contrast, PPA's top sector exposures are Industrials, Information Technology and Materials. GCAD is more expensive with a Total Expense Ratio (TER) of 0.9%, versus 0.58% for PPA. GCAD is up 10.68% year-to-date (YTD) with +$12M in YTD flows. PPA performs worse with 6.03% YTD performance, and +$716M in YTD flows. Run a side-by-side ETF comparison of GCAD and PPA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
GCAD vs PPA performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GCAD PPA | +1.85%-1.64% | -3.14%-5.25% | +10.68%+6.03% | +59.88%+40.62% | +115.61%+108.01% | n/a+130.09% |
| Flows | GCAD PPA | +$794K+$99M | +$10M+$577M | +$12M+$716M | +$16M+$1.43B | +$19M+$2.97B | -+$4.02B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GCAD PPA | +24.31%+23.63% | +18.20%+18.21% | +18.19%+17.53% | n/a+18.26% |
| Max drawdown | GCAD PPA | -14.81%-13.68% | -14.81%-13.68% | -16.22%-15.16% | n/a-18.41% |
| Max drawdown duration | GCAD PPA | 51d53d | 51d53d | 91d171d | n/a227d |
GCAD | PPA | |
Last sale 4/24/2026 at 1:30 PM | $50.34 | $166.07 |
| Previous close 04/23/2026 | $51.10 | $168.67 |
| Consolidated volume 04/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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GCAD | PPA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
GCAD | PPA | |
|---|---|---|
| Last price | $50.34 | $166.07 |
| 1D performance | -1.49% | -1.54% |
| AuM | $28.22 M | $7.94 B |
| E/R | 0.9% | 0.58% |
GCAD | PPA | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Gabelli Funds | Invesco |
| Benchmark | - | SPADE Defense Index |
| N° of holdings | 38 | 51 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 3, 2023 | October 26, 2005 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
