SHLD: Global X Defense Tech ETF
About
SHLD was created on 2023-09-11 by Global X. The fund's investment portfolio concentrates primarily on industrials equity. The ETF currently has 663.05m in AUM and 35 holdings. SHLD tracks a modified market-cap weighted index of the top 50 pure-play defense technology companies from around the world. These companies are considered best positioned to benefit from increased governmental defense spending.
Current Value
$39.251 Year Return
Current Value
$39.251 Year Return
Key Details
Assets Under Management
$743.22M
Div Yield %
0.34%
P/E Ratio
27.98
Net Asset Value
$38.87
Expense Ratio
0.50%
1Y ETF Return
0.46%
Strategies that include SHLD
Stock's related to SHLD
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CW | 66.39% | $13.73B | +70.49% | 0.23% |
| GD | 61.40% | $77.26B | +14.02% | 1.98% |
| KBR | 57.39% | $7.77B | +11.73% | 1.00% |
| HEI.A | 53.14% | $29.44B | +54.19% | 0.10% |
| HEI | 52.73% | $37.81B | +59.19% | 0.08% |
| KTOS | 52.11% | $3.78B | +33.46% | 0.00% |
| PLTR | 49.81% | $143.47B | +218.08% | 0.00% |
| LHX | 49.43% | $46.20B | +29.18% | 1.91% |
| BWXT | 49.05% | $11.92B | +67.39% | 0.91% |
| CACI | 48.45% | $9.96B | +37.84% | 0.00% |
| PSN | 46.80% | $10.03B | +50.06% | 0.00% |
| HII | 45.75% | $7.50B | -19.92% | 2.70% |
| RGA | 42.34% | $14.97B | +41.90% | 1.52% |
| LDOS | 42.16% | $21.12B | +49.80% | 0.96% |
| SPNT | 41.97% | $2.41B | +43.68% | 0.00% |
| SAIC | 41.63% | $5.92B | +3.71% | 1.24% |
| BRO | 41.22% | $31.27B | +47.55% | 0.49% |
| NOC | 41.09% | $71.54B | +4.23% | 1.60% |
| LMT | 41.03% | $126.40B | +18.99% | 2.36% |
| RTX | 40.05% | $158.34B | +52.22% | 2.09% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| QTTB | -0.13% | $354.34M | +188.64% | 0.00% |
| BNED | 0.17% | $277.22M | -91.94% | 0.00% |
| MNOV | -0.21% | $93.19M | +2.15% | 0.00% |
| ASPS | 0.38% | $22.36M | -80.26% | 0.00% |
| INSM | 0.58% | $13.19B | +202.50% | 0.00% |
| CHD | 0.60% | $27.18B | +19.50% | 1.03% |
| BTCT | 0.66% | $42.61M | +353.33% | 0.00% |
| DG | 0.69% | $16.82B | -37.95% | 3.17% |
| XBIO | 1.05% | $6.01M | +21.36% | 0.00% |
| NARI | -1.12% | $2.98B | -11.66% | 0.00% |
| CARV | -1.18% | $8.48M | -8.79% | 0.00% |
| IRWD | 1.22% | $609.71M | -59.34% | 0.00% |
| SAVA | 1.37% | $1.35B | +25.50% | 0.00% |
| IMRN | 1.40% | $10.31M | -5.04% | 0.00% |
| TKC | 1.54% | $5.80B | +35.51% | 1.30% |
| OCX | 1.54% | $42.93M | -36.09% | 0.00% |
| SRPT | -1.57% | $10.18B | +26.81% | 0.00% |
| URGN | 1.71% | $470.95M | -11.92% | 0.00% |
| UUU | 1.80% | $4.97M | -41.89% | 0.00% |
| UEIC | 1.85% | $148.52M | +43.22% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PULM | -16.36% | $19.83M | +202.98% | 0.00% |
| TEM | -13.15% | $8.50B | 0.00% | 0.00% |
| STG | -11.28% | $35.67M | +7.92% | 0.00% |
| OXBR | -8.92% | $19.05M | +178.18% | 0.00% |
| SCKT | -6.44% | $10.88M | +15.32% | 0.00% |
| SYRS | -6.43% | $7.43M | -90.46% | 0.00% |
| EDR | -5.18% | $9.01B | +19.26% | 0.82% |
| HIHO | -5.09% | $8.63M | 0.00% | 6.12% |
| FATBB | -4.71% | $81.94M | -12.91% | 11.69% |
| CBOE | -3.61% | $21.46B | +15.84% | 1.11% |
| DXCM | -2.58% | $29.25B | -31.28% | 0.00% |
| PRPO | -2.28% | $9.10M | -13.65% | 0.00% |
| UFI | -2.22% | $102.66M | -11.22% | 0.00% |
| QXO | -2.05% | $6.51B | -35.95% | 0.00% |
| PCVX | -1.98% | $10.85B | +71.55% | 0.00% |
| SRPT | -1.57% | $10.18B | +26.81% | 0.00% |
| CARV | -1.18% | $8.48M | -8.79% | 0.00% |
| NARI | -1.12% | $2.98B | -11.66% | 0.00% |
| MNOV | -0.21% | $93.19M | +2.15% | 0.00% |
| QTTB | -0.13% | $354.34M | +188.64% | 0.00% |
ETF's related to SHLD
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| PPA | 79.21% | $4.62B | 0.57% |
| XAR | 74.69% | $2.56B | 0.35% |
| ITA | 71.70% | $6.36B | 0.4% |
| DVOL | 65.92% | $54.72M | 0.6% |
| SMMV | 64.91% | $321.07M | 0.2% |
| RSPN | 64.61% | $682.05M | 0.4% |
| SMIG | 64.21% | $683.20M | 0.6% |
| RSPA | 62.86% | $273.87M | 0% |
| ARKX | 61.98% | $249.95M | 0.75% |
| EFAA | 61.68% | $117.38M | 0% |
| USMF | 61.62% | $361.80M | 0.28% |
| FNY | 61.58% | $372.31M | 0.7% |
| FSMD | 61.30% | $583.89M | 0.15% |
| DFAW | 59.83% | $525.81M | 0.25% |
| SIZE | 59.65% | $329.63M | 0.15% |
| XJH | 59.57% | $248.84M | 0.12% |
| QQA | 59.44% | $135.01M | 0% |
| TMSL | 59.21% | $288.12M | 0.55% |
| PPI | 59.03% | $58.87M | 0.78% |
| PIZ | 58.94% | $166.31M | 0.8% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| GBIL | -0.18% | $5.60B | 0.12% |
| BOXX | 0.36% | $4.43B | 0.1949% |
| CLOI | 0.72% | $715.40M | 0.4% |
| SOYB | 0.74% | $27.32M | 0.22% |
| SHV | -1.04% | $18.13B | 0.15% |
| TBIL | 1.77% | $4.38B | 0.15% |
| XBIL | -2.08% | $637.70M | 0.15% |
| CORN | -2.12% | $61.12M | 0.2% |
| KCCA | -2.82% | $220.51M | 0.87% |
| MINT | 3.15% | $11.62B | 0.35% |
| BILZ | -3.24% | $563.02M | 0.14% |
| SGOV | -3.24% | $27.53B | 0.09% |
| WEAT | -3.27% | $120.27M | 0.28% |
| KMLM | -3.36% | $353.87M | 0.9% |
| JUCY | -4.20% | $324.29M | 0.6% |
| XHLF | -4.28% | $874.27M | 0.03% |
| AGZD | -4.48% | $142.76M | 0.23% |
| HDRO | -4.49% | $164.26M | 0.3% |
| DFNM | 4.56% | $1.40B | 0.17% |
| JBBB | -4.56% | $1.26B | 0.49% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -41.78% | $195.31M | 0.85% |
| TAIL | -33.06% | $67.98M | 0.59% |
| BTAL | -26.99% | $388.04M | 1.43% |
| USDU | -17.54% | $201.97M | 0.5% |
| UUP | -15.63% | $309.25M | 0.77% |
| CTA | -10.45% | $350.27M | 0.78% |
| TPMN | -9.23% | $40.60M | 0.65% |
| DBA | -7.39% | $755.88M | 0.93% |
| JBBB | -4.56% | $1.26B | 0.49% |
| HDRO | -4.49% | $164.26M | 0.3% |
| AGZD | -4.48% | $142.76M | 0.23% |
| XHLF | -4.28% | $874.27M | 0.03% |
| JUCY | -4.20% | $324.29M | 0.6% |
| KMLM | -3.36% | $353.87M | 0.9% |
| WEAT | -3.27% | $120.27M | 0.28% |
| SGOV | -3.24% | $27.53B | 0.09% |
| BILZ | -3.24% | $563.02M | 0.14% |
| KCCA | -2.82% | $220.51M | 0.87% |
| CORN | -2.12% | $61.12M | 0.2% |
| XBIL | -2.08% | $637.70M | 0.15% |
News
SeekingAlpha
OpenAI is collaborating with Broadcom and Taiwan Semiconductor to develop its first ever proprietary chip. Click to read.
SeekingAlpha
The affordability and versatility of drones have shifted the balance of power in conflicts, allowing less financially resourced forces to compete with larger, wealthier militaries.
SeekingAlpha
Drone Systems Gain Further Momentum, Signaling Shift in Modern Warfare TacticsU.S. drone supplier AeroVironment inked a $1 billion contract with the U.S.
SeekingAlpha
SPDR S&P Aerospace & Defense ETF is a passively managed Aerospace & Defense ETF with a modified equal-weighting system. See why XAR is a Hold.
Yahoo
This Defense ETF hits a new 52-week high. Are more gains in store for this ETF?
Yahoo
Major defense stocks advanced Tuesday after Iran launched missiles at Israel, raising the odds of a wider conflict. Lockheed Martin was among the S&P 500's best performers, while RTX shares hit an all-time high.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.