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SHLD - ETF AI Analysis
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Global X Defense Tech ETF (SHLD)
Rating:66Neutral
Price Target:
$72.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Palantir Technologies and Rheinmetall, have delivered strong year-to-date performance, boosting the ETF's returns.
Sector Focus on Growth Areas
The ETF is heavily weighted in Industrials and Technology, sectors that are positioned for long-term growth in defense and innovation.
Broad Geographic Exposure
The fund includes companies from multiple countries, providing some diversification beyond the U.S. market.
Negative Factors
High Sector Concentration
Over 76% of the ETF is allocated to Industrials, making it vulnerable to sector-specific risks.
Moderate Expense Ratio
The ETF's expense ratio is higher than many low-cost alternatives, which could eat into long-term returns.
Underperforming Holdings
Some top holdings, such as Lockheed Martin and RTX, have shown weaker year-to-date performance, potentially dragging down overall results.
SHLD vs. SPDR S&P 500 ETF (SPY)
AUM4.84B
RegionGlobal
Expense Ratio0.50%
Beta0.69
IssuerGlobal X
Inception DateSep 11, 2023
Dividend Yield0.42%
Asset ClassEquity
Index TrackedGlobal X Defense Tech Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume862,823
30 Day Avg. Volume1,151,861
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
73.15Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering43
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SHLD Summary
The Global X Defense Tech ETF (ticker: SHLD) is an investment fund focused on companies advancing defense technology, such as cybersecurity, aerospace, and artificial intelligence for military use. It tracks the Global X Defense Tech Index and includes well-known companies like Palantir Technologies and Lockheed Martin. This ETF could appeal to investors looking for growth opportunities in the defense sector and exposure to innovative technologies. However, it’s important to note that its performance is closely tied to the defense industry, which can be affected by geopolitical events and government spending changes.
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
The Global X Defense Tech ETF is heavily concentrated in the aerospace and defense sector, with industrial giants like Lockheed Martin and RTX leading the charge. While RTX has shown steady gains this year, Lockheed Martin is lagging due to mixed financial performance and declining profit margins. Palantir Technologies, a key player in defense-focused AI, has been rising overall but recently hit some turbulence with bearish momentum. Rheinmetall and BAE Systems, both global defense leaders, are also struggling with short-term weakness despite strong fundamentals. This global fund is a bet on defense innovation, but recent volatility in its top holdings may weigh on performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| RTX | 8.77% | $424.12M | $227.50B | 40.50% | 75 Outperform | |
| Palantir Technologies | 8.49% | $410.60M | $369.08B | 140.64% | 69 Neutral | |
| Lockheed Martin | 7.36% | $355.54M | $106.62B | -15.02% | 70 Outperform | |
| Rheinmetall | 7.17% | $346.76M | €69.72B | 152.73% | 58 Neutral | |
| BAE Systems | 6.64% | $321.01M | £50.02B | 34.42% | 66 Neutral | |
| General Dynamics | 5.11% | $247.07M | $91.93B | 20.77% | 80 Outperform | |
| Leidos Holdings | 4.83% | $233.63M | $23.84B | 12.68% | 80 Outperform | |
| L3Harris Technologies | 4.81% | $232.42M | $51.96B | 11.94% | 70 Neutral | |
| Northrop Grumman | 4.78% | $231.28M | $80.88B | 14.05% | 75 Outperform | |
| Leonardo Spa | 4.32% | $208.60M | €26.48B | 81.34% | 66 Neutral |
SHLD Technical Analysis
Negative
―
Price Trends
67.24
Negative
64.51
Negative
57.49
Positive
Market Momentum
-1.30
Positive
27.07
Positive
7.53
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 65.87, equal to the 50-day MA of 67.24, and equal to the 200-day MA of 57.49, indicating a neutral trend. The MACD of -1.30 indicates Positive momentum. The RSI at 27.07 is Positive, neither overbought nor oversold. The STOCH value of 7.53 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
61.36
22.56
58.14%
IGF
iShares Global Infrastructure ETF
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BAI
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ARKK
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IXN
iShares Global Tech ETF
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GUNR
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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.
Disclaimer
This 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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