GCADvsXLIETF Comparison
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Gabelli Commercial Aerospace & Defense ETF (GCAD) belongs to the US Large Cap segment. State Street Industrial Select Sector SPDR ETF (XLI) is part of the US Industrials segment. GCAD's top 3 sector exposures are Industrials, Materials and Communication Services. In contrast, XLI's top sector exposures are Industrials, Information Technology GCAD is more expensive with a Total Expense Ratio (TER) of 0.9%, versus 0.08% for XLI. GCAD is up 10.3% year-to-date (YTD) with +$12M in YTD flows. XLI performs better with 11.55% YTD performance, and +$1.82B in YTD flows. Run a side-by-side ETF comparison of GCAD and XLI 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 XLI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GCAD XLI | +1.51%+5.21% | -3.30%+5.25% | +10.30%+11.55% | +55.77%+35.49% | +114.88%+78.86% | n/a+83.78% |
| Flows | GCAD XLI | +$794K+$769M | +$10M+$1.41B | +$12M+$1.82B | +$16M+$4.35B | +$19M+$6.06B | --$522M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GCAD XLI | +24.32%+19.83% | +18.08%+15.13% | +18.18%+16.25% | n/a+17.40% |
| Max drawdown | GCAD XLI | -14.81%-12.21% | -14.81%-12.21% | -16.22%-18.43% | n/a-21.70% |
| Max drawdown duration | GCAD XLI | 52d53d | 52d53d | 91d165d | n/a526d |
Trading data
GCAD | XLI | |
Last sale 4/24/2026 at 1:30 PM | $50.34 | $172.47 |
| Previous close 04/24/2026 | $51.10 | $174.07 |
| Consolidated volume 04/24/2026 | ||
| 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 indexGCAD | XLI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
GCAD | XLI | |
|---|---|---|
| Last price | $50.34 | $172.47 |
| 1D performance | -1.49% | -0.92% |
| AuM | $28.12 M | $30.31 B |
| E/R | 0.9% | 0.08% |
Characteristics
GCAD | XLI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Gabelli Funds | State Street Investment Management |
| Benchmark | - | S&P Industrial Select Sector Index |
| N° of holdings | 38 | 77 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 3, 2023 | December 16, 1998 |
| ESG | No | No |
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Exposure
Countries
GCAD
USA
87.87%
Other
12.13%
XLI
USA
93.12%
Other
6.88%
Sectors
GCAD
Industrials
85.62%
Other
14.38%
XLI
Industrials
91.84%
Other
8.16%
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Diversification
GCAD
Total weight of top 15 holdings out of 15
63.19%
XLI
Total weight of top 15 holdings out of 15
49.69%
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%
XLI
CATERPILLAR
6.53%
GENERAL ELECTRIC
5.89%
RAYTHEON TECHNOLOGIES CORPORD
5.13%
US36828A1016
4.66%
BOEING U
3.09%
UBER TECHNOLOGIES INC
2.93%
UNION PACIFIC U
2.85%
HONEYWELL INTL
2.84%
DEERE
2.81%
EATON CORP PLC
2.75%
LOCKHEED MARTIN
2.42%
PARKER HANNIFIN
2.24%
VERTIV HOLDINGS
1.90%
HOWMET AEROSPACE INC
1.83%
TRANE TECHNOLOGIES PLC
1.83%
Frequently asked questions about GCAD and XLI
How have the GCAD and XLI ETFs performed in 2026?
As of April 23, 2026, GCAD is up 10.3% year-to-date (YTD), while XLI has returned 11.55%. That puts XLI better performer ahead so far this year.
Which ETF is attracting more investor money: GCAD or XLI?
Year-to-date, the GCAD ETF saw +$12M in flows, compared to +$1.82B for XLI.
Which ETF is more volatile: GCAD or XLI?
Over the past year, GCAD had a volatility of 18.08%, while XLI experienced 15.13%.
Which ETF is bigger: GCAD or XLI?
As of April 23, 2026, GCAD holds $28.12 M in assets under management (AUM), while XLI manages $30.31 B.
What sectors do the GCAD and XLI ETFs invest in?
GCAD leans toward sectors like Industrials. Meanwhile, XLI focuses on Industrials.
What are the top holdings of the GCAD ETF and XLI ETF?
GCAD top holdings include ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN. XLI holds in its top three: CATERPILLAR, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD.
Which ETF is more diversified: GCAD or XLI?
GCAD holds 40 securities with 63.19% of its assets in the top 15. XLI has 79 securities and a top 15 weight of 49.69%.
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Latest news about GCAD & XLI
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December 1, 2023
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November 2, 2023
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November 2, 2023
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