SHLD
Defense Tech ETF
Reasons to Consider SHLD
Long-Term Growth Catalysts
Global defense spend could rise another 6% year-over-year to over $3 trillion in 2026 — extending a decade-long stretch of growth. Spending is projected to grow at a 6% annualized rate, reaching $4.4 trillion by 20301
Reimagining the Defense Industry
Future-proofing advanced military systems is a top priority for governments, requiring specialized software and hardware—including sensors, AI chips, and high-performance processing and networking solutions.
Differentiated Exposure
Defense tech spans sectors such as industrials, cybersecurity, AI, and drone systems. Unlike civilian markets, defense revenues are driven by strategic military priorities rather than economic cycles.
1Global X ETFs forecast, with information derived from: Stockholm International Peace Research Institute (SIPRI), Apr 2026.
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Key Information
As of Aug 20 2026ETF Summary
The Global X Defense Tech ETF (SHLD) seeks to invest in companies positioned to benefit from the increased adoption and utilization of defense technology (“Defense Tech”). This includes companies that build and manage cybersecurity systems, utilize artificial intelligence and big data, and build advanced military systems and hardware such as robotics, fuel systems, and aircrafts for defense applications.
ETF Objective
The Global X Defense Tech ETF (SHLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X Defense Tech Index.
| Trading Details |
| Distributions |
ETF Prices
As of Aug 20 2026| NAV | $67.64 | Daily Change | -$1.53 | -2.21% |
| Market Price | $67.65 | Daily Change | -$1.55 | -2.24% |
Performance History
| Fund NAV | Market Price | Index | |
|---|---|---|---|
Top Holdings
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
ETF Characteristics
As of Aug 19 2026| Return on Equity | 19.90% | |
| Weighted Avg. Market Cap | 87,670 M | |
| 2025 | 2026 | |
| Price-to-earnings | 32.80 | 26.93 |
| Price-to-book value | 5.75 | 5.04 |
ETF Risk Stats
As of Jul 31 2026| VERSUS | BETA |
|---|---|
| S&P 500 | 0.83 |
| NASDAQ-100 | 0.44 |
| MSCI EAFE | 0.71 |
| MSCI Emg. Mkts | 0.35 |
| Standard Deviation | 18.30% |