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SHLD - ETF AI Analysis
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Global X Defense Tech ETF (SHLD)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year to date, indicating solid recent momentum.
Leading Defense Companies in Top Holdings
Many of the largest positions, such as major U.S. and European defense contractors, have delivered strong or steady performance, helping support the fund’s returns.
Global Diversification Within Defense
Holdings spread across the U.S. and several European and other countries help reduce the risk of being tied to the economic or political conditions of a single market.
Negative Factors
High Sector Concentration in Industrials
With most of the portfolio in industrials and a smaller slice in technology, the fund is heavily exposed to the defense and aerospace cycle rather than the broader market.
Meaningful Single-Stock and Theme Concentration
A handful of large defense names make up a significant share of the ETF, so setbacks at these companies or in the defense industry could weigh heavily on performance.
Moderate Expense Ratio
The fund’s fee is higher than many broad market index ETFs, which slightly reduces the net return investors keep over time.
SHLD vs. SPDR S&P 500 ETF (SPY)
AUM7.11B
RegionGlobal
Expense Ratio0.50%
Beta0.72
IssuerGlobal X
Inception DateSep 11, 2023
Dividend Yield0.48%
Asset ClassEquity
Index TrackedGlobal X Defense Tech Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,245,159
30 Day Avg. Volume1,512,013
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
80.66Price 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 technology, aerospace, cybersecurity, and related tools used by militaries and governments. It holds well-known names like Lockheed Martin and RTX, giving investors a way to invest in defense and advanced tech in one fund, with stocks from the U.S. and several European countries. Someone might consider SHLD for potential long-term growth tied to defense spending and innovation. A key risk is that it is heavily concentrated in defense and tech, so its price can swing sharply with changes in government budgets or global tensions.
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 very much a pure-play bet on global defense, with industrial heavyweights like Lockheed Martin, Rheinmetall, and RTX doing most of the heavy lifting as their shares keep rising on strong backlogs and steady demand. European names such as BAE Systems, Saab, and Leonardo add an international flavor and have also been climbing, giving the fund a solid global footprint rather than a U.S.-only story. The main weak spot is Palantir, whose recent slide in AI-driven defense software is quietly tugging on performance even as the hardware giants power ahead.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lockheed Martin | 9.67% | $689.13M | $149.46B | 50.09% | 70 Outperform | |
| RTX | 8.24% | $587.10M | $273.16B | 63.31% | 74 Outperform | |
| General Dynamics | 7.10% | $506.22M | $92.61B | 43.13% | 80 Outperform | |
| Rheinmetall | 6.80% | $484.53M | €73.94B | 79.62% | 63 Neutral | |
| Palantir Technologies | 5.62% | $400.74M | $317.19B | 20.81% | 74 Outperform | |
| Northrop Grumman | 4.93% | $351.17M | $99.50B | 67.22% | 76 Outperform | |
| L3Harris Technologies | 4.83% | $344.51M | $64.73B | 80.90% | 70 Neutral | |
| BAE Systems | 4.60% | $327.78M | £59.17B | 69.89% | 61 Neutral | |
| Thales | 4.22% | $300.39M | €51.15B | 41.19% | 73 Outperform | |
| Leonardo Spa | 4.20% | $299.52M | €31.92B | 61.74% | 60 Neutral |
SHLD Technical Analysis
Positive
―
Price Trends
70.79
Positive
68.50
Positive
64.11
Positive
Market Momentum
0.11
Positive
53.80
Neutral
47.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SHLD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 74.44, equal to the 50-day MA of 70.79, and equal to the 200-day MA of 64.11, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 53.80 is Neutral, neither overbought nor oversold. The STOCH value of 47.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SHLD.
SHLD Peer Comparison
Comparison Results
Performance Comparison
SHLD
Global X Defense Tech ETF
74.19
31.97
75.72%
IGF
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BAI
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COPX
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EXI
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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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