{"url":"https://etfiq.com/compare/themes/gcad-vs-wdef","section":"compare","title":"GCAD vs WDEF: Holdings Overlap & Returns | ETFIQ","description":"Over the year to Nov 4, 2026, GCAD returned +9.4% to WDEF's \u22125.6%; 3% of their weight is in the same names. Returns and overlap to Nov 4, 2026.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do GCAD and WDEF hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 3% 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, GCAD or WDEF?","acceptedAnswer":{"@type":"Answer","text":"GCAD has 40% of its weight in S&P 500 names and WDEF has 0%, so WDEF differs more from the index."}},{"@type":"Question","name":"Which is cheaper, GCAD or WDEF?","acceptedAnswer":{"@type":"Answer","text":"GCAD charges 0.10% a year and WDEF charges 0.45%, 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":"GCAD vs WDEF","item":"https://etfiq.com/compare/themes/gcad-vs-wdef"}]},{"@type":"WebPage","name":"GCAD vs WDEF: Holdings Overlap & Returns","description":"Over the year to Nov 4, 2026, GCAD returned +9.4% to WDEF's \u22125.6%; 3% of their weight is in the same names. Returns and overlap to Nov 4, 2026.","url":"https://etfiq.com/compare/themes/gcad-vs-wdef","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, GCAD returned +9.4% to WDEF's \u22125.6%; 3% of their weight is 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 GCAD and WDEF","description":"Over the year to Nov 4, 2026, GCAD returned +9.4% to WDEF's \u22125.6%; 3% of their weight is in the same names. Returns and overlap to Nov 4, 2026.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/gcad-vs-wdef","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":6392,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / GCAD vs WDEF \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n GCAD vs WDEF: Holdings Overlap & Returns\n\n Over the year to Nov 4, 2026, GCAD returned +9.4% to WDEF's \u22125.6%; 3% of their weight is in the same names.\n Copy this for sharing \n \n GCAD costs 0.35 points a year less; their one-year returns differ by 15.0 points; WDEF is 2.0 times larger.\n GCAD and WDEF at a glance. As of Nov 4, 2026. Source: ETFIQ. GCAD WDEF \n Expense ratio 0.10% 0.45% \n Net assets, as of Jun 30, 2026 $44m $88m \n Total return, 1 year +9.4% \u22125.6% \n What it tra","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, GCAD against WDEF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gcad-vs-wdef","a":{"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"}]},"b":{"ticker":"WDEF","name":"WisdomTree Europe Defense Fund","issuer":"WisdomTree","desk":"themes","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, WDEF lost 5.6%.","url":"https://etfiq.com/funds/wdef","key_facts":[{"label":"Already in the S&P 500","value":"0.0%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"100.0%","as_of":"2026-06-30","source":"ETFIQ"},{"label":"Top ten holdings","value":"63.3%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"\u22125.6%","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":"0.1%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 26, 2025","value":"$0.021","as_of":"2025-12-26","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$88m","as_of":"2026-06-30","source":"SEC filing, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-07-29","source":"485BPOS XBRL, Jul 29, 2026"}]},"overlap_pct":3,"full_text_at":"https://etfiq.com/compare/themes/gcad-vs-wdef"}