HVACvsGCADETF Comparison
VS
ETF 2
GCAD
Gabelli Commercial Aerospace & Defense ETF
AdvisorShares HVAC and Industrials ETF (HVAC) belongs to the Uncategorized Equities segment. Gabelli Commercial Aerospace & Defense ETF (GCAD) is part of the segment. HVAC's top 3 sector exposures are Industrials, Technology and Non-Energy Materials. In contrast, GCAD's top sector exposures are Industrials, Non-Energy Materials and Sovereign. HVAC is more expensive with a Total Expense Ratio (TER) of 35.61%, versus 0.9% for GCAD. HVAC is down -3.38% year-to-date (YTD) with +$9M in YTD flows. GCAD performs better with 2.16% YTD performance, and +$31M in YTD flows. Run a side-by-side ETF comparison of HVAC and GCAD 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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HVAC vs GCAD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HVAC GCAD | -12.37%-4.24% | -20.22%-14.74% | -3.38%+2.16% | -6.04%+4.71% | n/a+104.77% | n/an/a |
| Flows | HVAC GCAD | -$1M+$1M | -$1M+$5M | +$9M+$31M | +$10M+$32M | -+$37M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HVAC GCAD | +37.69%+18.51% | +35.58%+21.31% | n/a+19.31% | n/an/a |
| Max drawdown | HVAC GCAD | -20.25%-17.90% | -30.91%-17.90% | n/a-17.90% | n/an/a |
| Max drawdown duration | HVAC GCAD | 67d68d | 123d68d | n/a68d | n/an/a |
Trading data
HVAC | GCAD | |
Last sale 10/23/2026 at 1:30 PM | $29.91 | $47.46 |
| Previous close 10/22/2026 | $30.33 | $47.82 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
HVAC | GCAD | |
|---|---|---|
| Last price | $29.91 | $47.46 |
| 1D performance | -1.38% | -0.75% |
| AuM | $11.23 M | $42.38 M |
| E/R | 35.61% | 0.9% |
Characteristics
HVAC | GCAD | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | AdvisorShares | Gabelli Funds |
| Benchmark | - | - |
| N° of holdings | 20 | 52 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 3, 2025 | January 3, 2023 |
| ESG | No | No |
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Exposure
Countries
HVAC
USA
85.54%
Other
14.46%
GCAD
USA
94.84%
Other
5.16%
Sectors
HVAC
Industrials
72.3%
Technology
16.45%
Other
11.25%
GCAD
Industrials
86.47%
Non-Energy Materi.
9.81%
Other
3.72%
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Diversification
HVAC
Total weight of top 15 holdings out of 15
78.41%
GCAD
Total weight of top 15 holdings out of 15
65.58%
Top 15 holdings
Data as of August 31, 2026
HVAC
Comfort Systems USA, Inc.
7.01%
Amphenol Corp.
6.24%
Belden, Inc.
6.04%
3M Co.
5.93%
Vertiv Holdings Co.
5.72%
AMETEK, Inc.
5.65%
nVent Electric Plc
5.20%
Bloom Energy Corp.
5.03%
Quanta Services, Inc.
4.91%
Madison Air Solutions Corp.
4.68%
GE Vernova, Inc.
4.61%
Ferguson Enterprises, Inc.
4.56%
Carrier Global Corp.
4.44%
Flowserve Corp.
4.22%
Jabil, Inc.
4.17%
GCAD
Albany International Corp.
6.02%
Moog, Inc.
5.88%
The Boeing Co.
5.40%
L3Harris Technologies, Inc.
5.12%
RTX Corp.
4.95%
Ducommun, Inc.
4.84%
Lockheed Martin Corp.
4.72%
Hexcel Corp.
4.65%
Honeywell Aerospace, Inc.
4.64%
Northrop Grumman Corp.
3.98%
Textron, Inc.
3.76%
Mercury Systems, Inc.
3.05%
Crane Co.
3.04%
Howmet Aerospace, Inc.
2.75%
General Dynamics Corp.
2.75%
Frequently asked questions about HVAC and GCAD
How have the HVAC and GCAD ETFs performed in 2026?
As of October 23, 2026, HVAC is down -3.38% year-to-date (YTD), while GCAD has returned 2.16%. That puts GCAD better performer ahead so far this year.
Which ETF is attracting more investor money: HVAC or GCAD?
Year-to-date, the HVAC ETF saw +$9M in flows, compared to +$31M for GCAD.
Which ETF is more volatile: HVAC or GCAD?
Over the past year, HVAC had a volatility of 35.58%, while GCAD experienced 21.31%.
Which ETF is bigger: HVAC or GCAD?
As of October 23, 2026, HVAC holds $11.23 M in assets under management (AUM), while GCAD manages $42.38 M.
What sectors do the HVAC and GCAD ETFs invest in?
HVAC leans toward sectors like Industrials and Technology. Meanwhile, GCAD focuses on Industrials and Non-Energy Materials.
What are the top holdings of the HVAC ETF and GCAD ETF?
HVAC top holdings include Comfort Systems USA, Inc., Amphenol Corp. and Belden, Inc.. GCAD holds in its top three: Albany International Corp., Moog, Inc. and The Boeing Co..
Which ETF is more diversified: HVAC or GCAD?
HVAC holds 20 securities with 78.41% of its assets in the top 15. GCAD has 53 securities and a top 15 weight of 65.58%.
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