SHLDGlobal X Defense Tech ETF
Seeks investment results that correspond generally to the price and yield performance of the Global X Defense Tech Index.
By Global X Funds · Launched 2023
Annual Cost
0.50%
#2,667 of 5,861 · average
Fund Size
$6.9B
#372 of 5,861 · large
Return (1Y)Goal
+4.3%
Track Record
2 years
#3,065 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$9,777-2.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
GlobalStrategy
Index tracking
Sector
IndustrialsFocus
Defense Innovation
Index tracked
Global X Defense Tech Index
What it actually holds
By weightConcentration
Top 10 holdings = 59.8% of fundmoderately concentrated
LOCKHEED MARTIN CORPORATION
9.5%
RTX CORPORATION
7.9%
GENERAL DYNAMICS CORPORATION
7.2%
Rheinmetall Aktiengesellschaft
6.8%
PALANTIR TECHNOLOGIES INC.
5.6%
Northrop Grumman Corporation
4.9%
L3HARRIS TECHNOLOGIES, INC.
4.9%
BAE SYSTEMS PLC
4.6%
HANWHA AEROSPACE CO., LTD.
4.2%
THALES SA
4.2%
Asset allocation
Stocks
99.6%
Cash
0.2%
Other
0.1%
By sector
Industrials
88.4%
Technology
11.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
25.3%High
Year-on-year price swings
Max drawdown
-98.3%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.96Decent risk-adjusted returns
Sortino (3Y)
1.29Good downside protection
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment results that correspond generally to the price and yield performance of the Global X Defense Tech Index.
- Strategy
- Invests at least 80% of net assets in securities of the Global X Defense Tech Index, which includes large-, mid- or small-capitalization companies in the industrials sector. Utilizes a replication strategy to achieve investment results that correspond to the Underlying Index, which is concentrated in the aerospace and defense industry across multiple countries.
- Inception date
- September 11, 2023
- Fund family
- Global X Funds
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Data updated on 2026-08-04