SHLD - ETF AI Analysis
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Global X Defense Tech ETF (SHLD)
Rating:63Neutral
Price Target:―
Positive Factors
Large, Established Defense Holdings
The fund’s biggest positions include well-known defense companies that have shown generally strong or steady performance, helping support the ETF’s returns.
Global Diversification
Holdings spread across the U.S., Europe, and several other countries help reduce the risk of being tied to the economic or political conditions of a single region.
Focused Industry Exposure
A heavy tilt toward industrial and defense-related businesses gives investors targeted exposure to the defense technology theme rather than a broad, mixed portfolio.
Negative Factors
Recent Weak Performance
The ETF has shown weak performance over the past year-to-date and recent months, which may concern investors looking for stronger momentum.
High Concentration in Top Holdings
A small group of companies makes up a large share of the portfolio, increasing the impact that any one stock’s downturn can have on the fund.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, meaning fees may take a noticeable bite out of long-term returns compared with cheaper ETFs.
SHLD vs. SPDR S&P 500 ETF (SPY)
AUM6.44B
RegionGlobal
Expense Ratio0.50%
Beta0.84
IssuerGlobal X
Inception DateSep 11, 2023
Dividend Yield0.7%
Asset ClassEquity
Index TrackedGlobal X Defense Tech Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,281,971
30 Day Avg. Volume1,159,083
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
77.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SHLD Summary
Global X Defense Tech ETF (SHLD) is a fund that follows the Global X Defense Tech Index, focusing on companies tied to defense and advanced technology. It holds well-known names like Lockheed Martin and RTX, along with firms in cybersecurity, aerospace, and defense hardware. Investors might consider SHLD if they want growth potential from defense spending and diversification across major defense contractors and tech-focused defense firms around the world. A key risk is that it is heavily concentrated in defense and related tech stocks, so its value can rise or fall sharply with changes in defense budgets, geopolitics, and the broader stock market.
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 powered by Palantir, which has been a rising star on the back of its AI-driven defense software, giving the fund a strong tech tilt within the defense theme. Classic U.S. contractors like Lockheed Martin and RTX are more steady players, helping anchor the portfolio even as their recent moves have been mixed. General Dynamics and Northrop Grumman have been lagging, acting as a bit of a weight on returns. With BAE Systems, Rheinmetall, and Thales in the mix, the ETF is clearly global, but still firmly concentrated in defense hardware and technology.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palantir Technologies | 11.75% | $769.52M | $449.49B | 1.60% | 74 Outperform | |
| RTX | 9.09% | $595.19M | $250.21B | 11.03% | 74 Outperform | |
| General Dynamics | 8.33% | $545.74M | $89.78B | -2.70% | 80 Outperform | |
| Lockheed Martin | 8.26% | $540.83M | $117.53B | 2.05% | 70 Outperform | |
| Northrop Grumman | 7.82% | $511.99M | $68.68B | -20.09% | 76 Outperform | |
| BAE Systems | 4.65% | $304.64M | £57.30B | -6.44% | 61 Neutral | |
| ― | 3.83% | $250.92M | ― | ― | ― | |
| Rheinmetall | 3.70% | $242.20M | €44.62B | -51.40% | 63 Neutral | |
| Thales | 3.67% | $240.07M | €46.14B | -14.61% | 73 Outperform | |
| L3Harris Technologies | 3.66% | $239.85M | $44.09B | -21.20% | 70 Neutral |
SHLD Technical Analysis
Negative
―
Price Trends
64.67
Negative
63.61
Negative
67.86
Negative
Market Momentum
-1.19
Positive
30.45
Neutral
5.85
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 61.84, equal to the 50-day MA of 64.67, and equal to the 200-day MA of 67.86, indicating a bearish trend. The MACD of -1.19 indicates Positive momentum. The RSI at 30.45 is Neutral, neither overbought nor oversold. The STOCH value of 5.85 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
60.23
-9.84
-14.04%
IXN
iShares Global Tech ETF
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―
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ARKK
Ark Innovation Etf
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COPX
Global X Copper Miners 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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