SHLD - ETF AI Analysis
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Global X Defense Tech ETF (SHLD)
Rating:63Neutral
Price Target:―
Positive Factors
Large Asset Base
The fund manages a substantial amount of money, which can signal strong investor interest and stability.
Strong Defense Leaders in Top Holdings
Several major defense companies in the top holdings have shown solid gains this year, helping support the ETF’s overall results.
Global Diversification
Holdings spread across the U.S., Europe, and other regions reduce reliance on any single country’s defense market.
Negative Factors
Moderately High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can slightly reduce long-term returns compared with lower-cost options.
Recent Short-Term Weakness
The ETF has experienced weak performance over the past one and three months, which may signal near-term volatility.
Concentration in Defense Industrials
A heavy focus on industrial and defense-related companies means the fund is sensitive to changes in defense spending and policy.
SHLD vs. SPDR S&P 500 ETF (SPY)
AUM8.07B
RegionGlobal
Expense Ratio0.50%
Beta0.70
IssuerGlobal X
Inception DateSep 11, 2023
Dividend Yield0.52%
Asset ClassEquity
Index TrackedGlobal X Defense Tech Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,990,933
30 Day Avg. Volume1,977,898
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
84.67Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering42
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SHLD Summary
The Global X Defense Tech ETF (SHLD) tracks the Global X Defense Tech Index, focusing on companies involved in defense and military technology. It holds well-known names like Lockheed Martin and RTX, along with firms working in areas such as aerospace, cybersecurity, and advanced defense hardware. An investor might choose this ETF to seek growth from rising global defense spending while getting diversification across many defense-related companies instead of picking single stocks. However, this fund is heavily tied to the defense sector, so its value can swing with changes in government spending, geopolitical tensions, and overall market conditions.
How much will it cost me?The Global X Defense Tech ETF (SHLD) has an expense ratio of 0.5%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than average because it is actively managed to focus on a niche sector like defense technology, requiring more research and specialized management.
What would affect this ETF?The Global X Defense Tech ETF (SHLD) could benefit from increased government spending on defense and advancements in technologies like artificial intelligence and cybersecurity, which are key areas of focus for its top holdings. However, it may face challenges from geopolitical tensions, regulatory changes, or reduced defense budgets in certain regions, which could negatively impact its performance. Its global exposure and reliance on the industrials and technology sectors make it sensitive to broader economic conditions and sector-specific trends.
SHLD Top 10 Holdings
SHLD is firmly hitched to the global defense complex, with U.S. giants like Lockheed Martin and RTX setting the tone alongside European powerhouses Rheinmetall and BAE Systems. Recently, BAE and L3Harris have been the steadier engines, helping keep the fund moving forward, while Palantir and Rheinmetall have lost some altitude and are weighing on returns. The ETF is clearly concentrated in aerospace and defense names, with a mix of U.S. and European exposure, so its fortunes largely rise and fall with the broader defense spending story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lockheed Martin | 8.17% | $652.56M | $118.38B | 7.78% | 70 Outperform | |
| RTX | 7.54% | $602.63M | $234.67B | 38.93% | 74 Outperform | |
| General Dynamics | 6.95% | $555.13M | $84.83B | 14.93% | 80 Outperform | |
| Palantir Technologies | 6.47% | $516.75M | $342.22B | 24.81% | 74 Outperform | |
| Rheinmetall | 5.91% | $471.91M | €61.26B | 0.52% | 63 Neutral | |
| BAE Systems | 4.90% | $391.15M | £59.22B | 23.73% | 61 Neutral | |
| L3Harris Technologies | 4.74% | $378.56M | $59.30B | 46.49% | 70 Neutral | |
| Northrop Grumman | 4.33% | $345.63M | $81.68B | 19.03% | 76 Outperform | |
| Leonardo Spa | 4.23% | $337.94M | €30.31B | 20.15% | 60 Neutral | |
| Thales | 4.18% | $333.55M | €47.84B | -1.30% | 73 Outperform |
SHLD Technical Analysis
Negative
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Price Trends
73.35
Negative
72.20
Negative
68.32
Negative
Market Momentum
-1.73
Positive
37.13
Neutral
18.22
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SHLD, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 71.43, equal to the 50-day MA of 73.35, and equal to the 200-day MA of 68.32, indicating a bearish trend. The MACD of -1.73 indicates Positive momentum. The RSI at 37.13 is Neutral, neither overbought nor oversold. The STOCH value of 18.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SHLD.
SHLD Peer Comparison
Comparison Results
Performance Comparison
SHLD
Global X Defense Tech ETF
67.92
14.53
27.21%
GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index
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ARKK
Ark Innovation Etf
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IXN
iShares Global Tech ETF
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IDEF
iShares Defense Industrials Active ETF
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EXI
iShares Global Industrials ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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