{"url":"https://etfiq.com/compare/themes/army-vs-gcad","section":"compare","title":"ARMY vs GCAD: Holdings Overlap & Returns | ETFIQ","description":"11.5% of ARMY and 40.1% of GCAD is already in the S&P 500 by weight, as filed, and 14% of the two books are the same names at the same weight.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do ARMY and GCAD hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 14% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, ARMY or GCAD?","acceptedAnswer":{"@type":"Answer","text":"ARMY has 12% of its weight in S&P 500 names and GCAD has 40%, so ARMY differs more from the index."}},{"@type":"Question","name":"Which is cheaper, ARMY or GCAD?","acceptedAnswer":{"@type":"Answer","text":"ARMY charges 0.68% a year and GCAD charges 0.10%, so GCAD is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"ARMY vs GCAD","item":"https://etfiq.com/compare/themes/army-vs-gcad"}]},{"@type":"WebPage","name":"ARMY vs GCAD: Holdings Overlap & Returns","description":"11.5% of ARMY and 40.1% of GCAD is already in the S&P 500 by weight, as filed, and 14% of the two books are the same names at the same weight.","url":"https://etfiq.com/compare/themes/army-vs-gcad","dateModified":"2026-11-04","abstract":"ARMY and GCAD hold 14% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ARMY and GCAD","description":"11.5% of ARMY and 40.1% of GCAD is already in the S&P 500 by weight, as filed, and 14% of the two books are the same names at the same weight.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/army-vs-gcad","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6504,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / ARMY vs GCAD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n ARMY vs GCAD: Holdings Overlap & Returns\n\n ARMY and GCAD hold 14% of their weight in the same names.\n Copy this for sharing \n \n GCAD costs 0.58 points a year less.\n ARMY and GCAD at a glance. As of Nov 4, 2026. Source: ETFIQ. ARMY GCAD \n Expense ratio 0.68% 0.10% \n Net assets, ARMY as of Nov 3, 2026 and GCAD as of Jun 30, 2026 $13m $44m \n Total return, 1 year not published +9.4% \n What it tracks Defense Defense \n Holdings in common 14% \n Holdings in common uses holdings da","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, ARMY against GCAD, data as of Nov 4, 2026. https://etfiq.com/compare/themes/army-vs-gcad","a":{"ticker":"ARMY","name":"Tema International Defense ETF","issuer":"Tema","desk":"themes","as_of":"2026-11-04","verdict":"ARMY holds 36 stocks, and 88% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/army","key_facts":[{"label":"Already in the S&P 500","value":"11.5%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"98.4%","as_of":"2026-11-03","source":"ETFIQ"},{"label":"Top ten holdings","value":"41.8%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Net assets","value":"$13m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.68%","as_of":"2026-06-29","source":"485BPOS XBRL, Jun 29, 2026"},{"label":"Benchmark","value":"Its own holdings, as of Nov 3, 2026; its prospectus names no index it tracks","as_of":"2026-11-04","source":"ETFIQ, from its filings"}]},"b":{"ticker":"GCAD","name":"Gabelli Commercial Aerospace and Defense ETF","issuer":"Gabelli","desk":"themes","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, GCAD returned 9.4%.","url":"https://etfiq.com/funds/gcad","key_facts":[{"label":"Already in the S&P 500","value":"40.1%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"97.2%","as_of":"2026-06-30","source":"ETFIQ"},{"label":"Top ten holdings","value":"47.5%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"+9.4%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"2.1%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Dec 29, 2025","value":"$0.9561","as_of":"2025-12-29","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$44m","as_of":"2026-06-30","source":"SEC filing, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.10%","as_of":"2026-05-05","source":"497 XBRL, May 5, 2026"}]},"overlap_pct":14,"full_text_at":"https://etfiq.com/compare/themes/army-vs-gcad"}