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Global X - Defense Tech ETF (SHLD)

$64.99 +$1.03 (+1.61%) |CouncilHOLD · 50 · B
Bottom line: HOLD — our Council read (50/100) and AI Score (50/100) broadly agree.
MCap: $4.49B| Vol: 705.4K|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Global X - Defense Tech ETF (SHLD) trades at $64.99 with AI Score 50/100 (Grade B). The Global X Defense Tech ETF (SHLD) aims to mirror the performance of the Global X Defense Tech Index, focusing on companies involved in defense technology. Market cap: $4.49B, Sector: Financial services.

Price live · AI analysis from Mar 17, 2026
The Global X Defense Tech ETF (SHLD) aims to mirror the performance of the Global X Defense Tech Index, focusing on companies involved in defense technology. It offers investors exposure to the defense technology sector through a diversified ETF structure.

Analyst Coverage for SHLD: SHLD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SHLD against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 50/100 · B

SHLD: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Global X - Defense Tech ETF (SHLD) Financial Services Profile

CEONone
IPO Year2024

Global X Defense Tech ETF (SHLD) provides targeted exposure to the defense technology sector by tracking the Global X Defense Tech Index. With a beta of 0.35, SHLD offers lower volatility compared to the broader market, appealing to investors seeking specialized exposure within the financial services sector.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

What Is the Investment Thesis for SHLD?

The Global X Defense Tech ETF (SHLD), with a market cap of $4.49B and a beta of 0.35, presents a focused investment in the defense technology sector. As of 2026, the absence of dividend yield suggests a growth-oriented strategy, reinvesting earnings to enhance fund value. Key value drivers include increasing global defense spending and technological advancements in defense systems. Growth catalysts involve the ongoing integration of AI, cybersecurity, and advanced materials into defense applications. Potential risks include regulatory changes impacting defense contracts and geopolitical instability affecting sector performance. SHLD's performance is closely tied to the Global X Defense Tech Index, making it a direct reflection of the defense technology market's health.

Based on FMP financials and quantitative analysis

SHLD Key Highlights

  • Market Cap of $4.49B indicates substantial investment in the defense technology sector.
  • Beta of 0.35 suggests lower volatility compared to the broader market, appealing to risk-averse investors.
  • Absence of dividend yield implies a focus on capital appreciation rather than income generation.
  • Tracks the Global X Defense Tech Index, providing targeted exposure to defense technology companies.
  • Operates within the Financial Services sector, specifically in Asset Management, offering specialized investment products.

Who Are SHLD's Competitors?

SHLD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
DSI iShares ESG MSCI KLD 400 ETF $142.28 +0.62% $5.37B 47
EFAV iShares MSCI EAFE Min Vol Factor ETF $89.27 +0.28% $5.35B 50
FELC FIDELITY ENHANCED LARGE CAP CORE ETF $42.31 +1.14% $7.72B 47
OMFL Invesco Russell 1000 Dynamic Multifactor ETF $69.16 +0.49% $4.76B 47
SCHC Schwab International Small-Cap Equity ETF $49.03 +0.99% $5.68B 47
NXDT NexPoint Diversified Real Estate Trust $5.53 +3.08% $285.77M 73
GENB Generate Biomedicines, Inc. $17.03 -2.18% $2.18B 72
SII Sprott Inc. $118.11 +2.72% $3.05B 71

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are SHLD's Key Strengths?

  • Targeted exposure to the high-growth defense technology sector.
  • Diversified portfolio reduces company-specific risk.
  • Transparent and rules-based index replication strategy.
  • Relatively low beta indicates lower volatility.

What Are SHLD's Weaknesses?

  • Sector-specific focus may lead to higher volatility compared to broad market ETFs.
  • Performance is highly dependent on the performance of the underlying index.
  • Subject to regulatory and geopolitical risks affecting the defense industry.
  • Absence of dividend yield may not appeal to income-seeking investors.

What Could Drive SHLD Stock Higher?

  • Increasing global defense spending due to geopolitical tensions.
  • Technological advancements in defense systems, such as AI and cybersecurity.
  • Government initiatives to modernize defense infrastructure.
  • Potential new defense contracts awarded to companies within the ETF.
  • Development and deployment of new defense technologies.

What Are the Key Risks for SHLD?

  • Regulatory changes impacting defense contracts and industry practices.
  • Geopolitical instability affecting defense spending and market sentiment.
  • Economic downturns reducing defense budgets.
  • Dependence on the performance of the underlying index.
  • Sector-specific focus may lead to higher volatility.

What Are the Growth Opportunities for SHLD?

  • Increased Global Defense Spending: Rising geopolitical tensions and conflicts are driving increased defense spending worldwide. This translates to greater demand for defense technologies, benefiting companies held within SHLD. The global defense market is projected to reach trillions of dollars in the coming years, providing a significant growth runway for the ETF.
  • Technological Advancements in Defense: The integration of advanced technologies such as AI, cybersecurity, and robotics into defense systems is creating new opportunities. Companies within SHLD are at the forefront of these innovations, developing cutting-edge solutions for national security. This technological edge can drive revenue growth and market share gains.
  • Cybersecurity Solutions for Defense: With increasing cyber threats targeting defense infrastructure and systems, the demand for cybersecurity solutions is growing rapidly. SHLD includes companies that specialize in providing cybersecurity services and technologies to the defense sector. The cybersecurity market is expected to continue its strong growth trajectory, benefiting SHLD's holdings.
  • Aerospace and Space Technologies: The aerospace and space sectors are becoming increasingly important for defense applications. SHLD includes companies involved in the development of advanced aerospace and space technologies for military and national security purposes. These technologies include satellite communication, surveillance systems, and missile defense systems.
  • Advanced Materials and Manufacturing: The development of advanced materials and manufacturing processes is crucial for enhancing defense capabilities. SHLD includes companies that are innovating in areas such as composite materials, nanotechnology, and additive manufacturing for defense applications. These advancements can lead to improved performance, durability, and efficiency of defense systems.

What Opportunities Does SHLD Have?

  • Growing global defense spending driving demand for defense technologies.
  • Technological advancements creating new opportunities in the defense sector.
  • Increasing demand for cybersecurity solutions for defense applications.
  • Expansion into new aerospace and space technologies.

What Threats Does SHLD Face?

  • Regulatory changes impacting defense contracts and industry practices.
  • Geopolitical instability affecting defense spending and market sentiment.
  • Competition from other ETFs and investment funds.
  • Economic downturns reducing defense budgets.

What Are SHLD's Competitive Advantages?

  • Specialized focus on the defense technology sector.
  • Replication of a well-defined index.
  • Diversified portfolio of defense technology companies.

What Does SHLD Do?

The Global X Defense Tech ETF (SHLD) is designed to replicate the price and yield performance of the Global X Defense Tech Index, before accounting for fees and expenses. This ETF provides investors with a focused investment vehicle to access companies involved in the defense technology industry. Established to capitalize on the growing intersection of technology and defense, SHLD offers a way to invest in companies that are developing advanced solutions for national security and defense applications. The ETF's holdings include companies that are engaged in areas such as cybersecurity, aerospace, communication systems, and advanced materials. By investing in SHLD, investors gain exposure to a diversified portfolio of companies that are at the forefront of technological innovation in the defense sector. The fund's objective is to provide a convenient and efficient way to participate in the potential growth of the defense technology market, offering a strategic investment option for those interested in this specialized area.

What Products and Services Does SHLD Offer?

  • Tracks the Global X Defense Tech Index.
  • Provides investors with exposure to the defense technology sector.
  • Invests in companies involved in cybersecurity, aerospace, and communication systems.
  • Offers a diversified portfolio of defense technology companies.
  • Aims to replicate the price and yield performance of the underlying index.
  • Provides a focused investment vehicle for accessing the defense technology industry.

How Does SHLD Make Money?

  • Generates revenue through management fees charged to investors.
  • Replicates the performance of the Global X Defense Tech Index.
  • Trades on major exchanges, providing liquidity for investors.

What Industry Does SHLD Operate In?

The Global X Defense Tech ETF (SHLD) operates within the asset management industry, focusing specifically on the defense technology sector. This sector is influenced by global defense spending, geopolitical factors, and technological advancements. The competitive landscape includes other ETFs and investment funds such as DSI, EFAV, FELC, OMFL, and SCHC, which may offer broader or different investment strategies. The defense technology market is experiencing growth driven by increasing demand for advanced defense systems, cybersecurity solutions, and aerospace technologies. SHLD provides a targeted approach to capitalize on this growth.

Who Are SHLD's Key Customers?

  • Retail investors seeking exposure to the defense technology sector.
  • Institutional investors looking for specialized investment products.
  • Financial advisors seeking to diversify client portfolios.
AI Confidence: 69% Updated: Mar 17, 2026

SHLD Valuation & Market Position

Relative to its peer group, SHLD's quantitative score of 50/100 is roughly in line with the peer average of 48/100.

Net sellingInsider Activity

The most recent 12 insider filings for Global X - Defense Tech ETF break down as 11 sales and 1 purchases. On net that is roughly 5.4M shares disposed (about $98K), a signal worth weighing alongside the fundamentals.

SHLD Financials

Bull Case vs Bear Case

Bull Case

  • Defense spending is generally viewed as recession-resistant, offering a perceived safe haven during economic uncertainty. Think of it like Lockheed Martin during the 2008 crisis – demand remained relatively stable.
  • Geopolitical tensions are escalating globally, potentially driving increased demand for defense technology and bolstering investor confidence in the sector's long-term prospects.
  • Recent insider activity suggests confidence in the sector's future, aligning with a broader market perception of growth in defense tech.
  • Community sentiment indicates a growing interest in defense tech as a strategic investment, fueled by perceived stability and growth potential in a volatile market.

Bear Case

  • The defense sector can be heavily influenced by political decisions and government spending priorities, creating uncertainty around future revenue streams.
  • Shifting global alliances and potential de-escalation of conflicts could reduce demand for defense technologies, impacting investor sentiment.
  • Community sentiment reveals concerns about the ethical implications of investing in defense, potentially limiting broader market appeal.
  • The sector faces increasing scrutiny regarding environmental and social governance (ESG) factors, potentially deterring some investors. Think of how ESG concerns have impacted traditional energy companies.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

SHLD Latest News

SHLD Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SHLD.

Price Targets

Wall Street price target analysis for SHLD.

SHLD MoonshotScore

50/100

What does this score mean?

The MoonshotScore rates SHLD's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: None

CEO title

Unknown

Track Record: Unknown

What Investors Ask About Global X - Defense Tech ETF (SHLD) — Financial Services

What does Global X - Defense Tech ETF do?

The Global X Defense Tech ETF (SHLD) is designed to track the performance of the Global X Defense Tech Index. It provides investors with targeted exposure to companies involved in the defense technology sector, including those focused on cybersecurity, aerospace, communication systems, and advanced materials. The ETF aims to offer a convenient and efficient way to invest in the potential growth of the defense technology market, providing diversification within this specialized area. By investing in SHLD, investors gain access to a portfolio of companies at the forefront of technological innovation in the defense sector.

What are the main risks for SHLD?

The main risks for SHLD include regulatory changes impacting defense contracts and industry practices, geopolitical instability affecting defense spending and market sentiment, and economic downturns reducing defense budgets. As a sector-specific ETF, SHLD may experience higher volatility compared to broad market ETFs. The ETF's performance is also dependent on the performance of the underlying Global X Defense Tech Index and the success of its constituent companies. Additionally, technological obsolescence and competition within the defense technology sector could pose challenges for SHLD's holdings.

What are the key factors to evaluate for SHLD?

Global X - Defense Tech ETF (SHLD) holds an AI score of 50/100 (moderate). Not financial advice.

How frequently does SHLD data refresh on this page?

SHLD prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven SHLD's recent stock price performance?

Global X - Defense Tech ETF (SHLD) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Targeted exposure to the high-growth defense technology sector. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider SHLD overvalued or undervalued right now?

Valuing Global X - Defense Tech ETF (SHLD) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying SHLD?

Before investing in Global X - Defense Tech ETF (SHLD), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Why might investors consider adding SHLD to a portfolio?

Key strength of Global X - Defense Tech ETF (SHLD): Targeted exposure to the high-growth defense technology sector. Weigh rewards against risks and diversify. Not financial advice.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • AI analysis pending for SHLD, limiting the depth of insights.
  • Reliance on provided source data for factual information.
Data Sources

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