GCAD vs SPY
Comparison between GABELLI COMMERCIAL AEROSPACE AND DEFENSE ETF (GCAD, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
GCAD vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GCAD
$34M
Winner
SPY
$784B
Expense Ratio
GCAD
0.10%
Winner
SPY
0.09%
Max Drawdown
Winner
GCAD
16.14%
SPY
56.47%
Sharpe Ratio
Winner
GCAD
1.57
SPY
1.56
5Y Beta
Winner
GCAD
0.91
SPY
1.00
P/E Ratio
GCAD
56.15
Winner
SPY
28.29
Forward P/E
Winner
GCAD
21.14
SPY
21.75
PEG Ratio
GCAD
0.65
SPY
N/A
5Y Dividends CAGR
GCAD
N/A
SPY
5.43%
5Y EPS CAGR
GCAD
13.06%
Winner
SPY
25.98%
Debt to Equity
GCAD
113.48%
Winner
SPY
30.79%
P/S Ratio
Winner
GCAD
2.51
SPY
3.79
P/B Ratio
Winner
GCAD
4.90
SPY
5.67
GCAD vs SPY - Holdings Comparison
GCAD and SPY have 16 common holdings. Overlap is 2.73%
GCAD's top 25 holdings weight is 81.59%. SPY's top 25 holdings weight is 52.46%.
| Rank | GCAD | SPY |
|---|---|---|
| #1 | ALBANY INTERNATIONAL CORP (AIN) - 5.95% | NVIDIA CORP (NVDA) - 8.30% |
| #2 | BOEING CO (BA) - 5.94% | APPLE INC (AAPL) - 7.09% |
| #3 | LOCKHEED MARTIN CORP (LMT) - 5.85% | MICROSOFT CORP (MSFT) - 5.02% |
| #4 | NORTHROP GRUMMAN CORP (NOC) - 5.80% | AMAZON.COM INC (AMZN) - 3.84% |
| #5 | MOOG INC CLASS A (MOG-A) - 5.32% | BROADCOM INC (AVGO) - 3.50% |
| #6 | HEXCEL CORP (HXL) - 4.59% | ALPHABET INC CLASS A (GOOGL) - 3.23% |
| #7 | TEXTRON INC (TXT) - 4.59% | ALPHABET INC CLASS C (GOOG) - 2.57% |
| #8 | HONEYWELL INTERNATIONAL INC (HON) - 4.22% | META PLATFORMS INC CLASS A (META) - 2.00% |
| #9 | DUCOMMUN INC (DCO) - 3.87% | MICRON TECHNOLOGY INC (MU) - 1.84% |
| #10 | L3HARRIS TECHNOLOGIES INC (LHX) - 3.61% | TESLA INC (TSLA) - 1.83% |
| #11 | MERCURY SYSTEMS INC (MRCY) - 2.91% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.32% |
| #12 | GENERAL DYNAMICS CORP (GD) - 2.87% | ADVANCED MICRO DEVICES INC (AMD) - 1.30% |
| #13 | HOWMET AEROSPACE INC (HWM) - 2.77% | ELI LILLY AND CO (LLY) - 1.29% |
| #14 | CURTISS-WRIGHT CORP (CW) - 2.73% | JPMORGAN CHASE & CO (JPM) - 1.24% |
| #15 | ASTRONICS CORP (ATRO) - 2.34% | EXXON MOBIL CORP (XOM) - 0.96% |
| #16 | CRANE CO (CR) - 2.29% | JOHNSON & JOHNSON (JNJ) - 0.82% |
| #17 | TRANSDIGM GROUP INC (TDG) - 2.21% | VISA INC CLASS A (V) - 0.82% |
| #18 | WOODWARD INC (WWD) - 2.19% | INTEL CORP (INTC) - 0.78% |
| #19 | ATI INC (ATI) - 2.09% | CISCO SYSTEMS INC (CSCO) - 0.77% |
| #20 | RTX CORP (RTX) - 1.94% | WALMART INC (WMT) - 0.76% |
| #21 | INNOVATIVE SOLUTIONS AND SUPPORT INC (ISSC) - 1.65% | COSTCO WHOLESALE CORP (COST) - 0.65% |
| #22 | AAR CORP (AIR) - 1.59% | CATERPILLAR INC (CAT) - 0.65% |
| #23 | ECHOSTAR CORP CLASS A (SATS) - 1.48% | ORACLE CORP (ORCL) - 0.64% |
| #24 | GE AEROSPACE (GE) - 1.45% | LAM RESEARCH CORP (LRCX) - 0.64% |
| #25 | CAE INC (CAE) - 1.34% | APPLIED MATERIALS INC (AMAT) - 0.60% |
| Total Holdings | 46 | 505 |
GCAD vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GCAD
+6.84%
SPY
+0.48%
3M
GCAD
+7.24%
Winner
SPY
+11.67%
6M
Winner
GCAD
+21.95%
SPY
+9.42%
1Y
Winner
GCAD
+39.54%
SPY
+24.27%
5Y(CAGR)
GCAD
N/A
SPY
+13.36%
10Y(CAGR)
GCAD
N/A
SPY
+15.42%
Max(CAGR)
Winner
GCAD
+30.40%
SPY
+8.49%
GCAD vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | GCAD | SPY |
|---|---|---|
| 2026 | +17.50% | +8.88% |
| 2025 | +39.57% | +18.00% |
| 2024 | +27.73% | +25.59% |
| 2023 | +17.55% | +26.72% |
| 2022 | N/A | -18.64% |
| 2021 | N/A | +30.52% |
| 2020 | N/A | +17.28% |
| 2019 | N/A | +31.09% |
| 2018 | N/A | -5.24% |
| 2017 | N/A | +20.78% |
| 2016 | N/A | +13.59% |
| 2015 | N/A | +1.31% |
| 2014 | N/A | +14.56% |
| 2013 | N/A | +29.00% |
| 2012 | N/A | +14.17% |
| 2011 | N/A | +0.85% |
| 2010 | N/A | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
GCAD vs SPY Drawdown Comparison
The maximum drawdown for GCAD was -16.14%, occurring on Apr 7, 2025. Recovery took 64 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current GCAD drawdown is -0.93%. The current SPY drawdown is -2.35%.
| Rank | GCAD | SPY |
|---|---|---|
| #1 | -16.14% Feb 5, 2025 - May 8, 2025 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -14.96% Mar 2, 2026 - Jun 11, 2026 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -10.49% Aug 1, 2023 - Nov 14, 2023 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -9.72% Jan 13, 2023 - Jul 10, 2023 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -7.31% Jul 31, 2024 - Aug 29, 2024 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -6.39% Nov 11, 2024 - Jan 21, 2025 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -5.66% Aug 30, 2024 - Oct 2, 2024 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -5.31% Oct 24, 2025 - Dec 11, 2025 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -4.97% Oct 21, 2024 - Nov 6, 2024 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -4.31% Oct 8, 2025 - Oct 24, 2025 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -4.25% May 21, 2024 - Jul 11, 2024 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -4.00% Dec 26, 2023 - Jan 19, 2024 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -3.68% Mar 28, 2024 - May 2, 2024 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -3.66% Jan 16, 2026 - Feb 9, 2026 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -3.53% Jul 16, 2024 - Jul 31, 2024 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between GCAD and SPY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (1999 - 2026)
GCAD vs SPY dividend yield comparison.
| Year | GCAD | SPY |
|---|---|---|
| 2026 | 0.00% | 0.24% |
| 2025 | 2.06% | 1.07% |
| 2024 | 4.94% | 1.21% |
| 2023 | 3.62% | 1.40% |
| 2022 | 0.00% | 1.65% |
| 2021 | 0.00% | 1.20% |
| 2020 | 0.00% | 1.52% |
| 2019 | 0.00% | 1.75% |
| 2018 | 0.00% | 2.04% |
| 2017 | 0.00% | 1.80% |
| 2016 | 0.00% | 2.03% |
| 2015 | 0.00% | 2.06% |
| 2014 | 0.00% | 1.87% |
| 2013 | 0.00% | 1.81% |
| 2012 | 0.00% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
Popular: GCAD vs SPY
More Comparisons
Compare with similar stocks
Compare GCAD with:
Compare SPY with:
Popular suggestions:
SPY vs VOO
SPDR S&P 500 ETF Trust vs VANGUARD 500 INDEX FUND ETF SHARES
SPY vs BRK-B
SPDR S&P 500 ETF Trust vs Berkshire Hathaway Inc - Class B
SPY vs SCHD
SPDR S&P 500 ETF Trust vs SCHWAB U.S. DIVIDEND EQUITY ETF
SPY vs GLD
SPDR S&P 500 ETF Trust vs SPDR Gold Shares ETF
SPY vs SPYG
SPDR S&P 500 ETF Trust vs STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) GROWTH ETF