Global X Defense Tech ETF (SHLD) is a industrials and materials ETF. As of October 9, 2026, ETF Copilot scores SHLD 4.9 out of 10 — highest on Value (7.4), lowest on Quality (2.7). It trades at 27.4 times earnings, against its own median of 29.7. Its ten largest holdings are 65% of the fund.
What stands out in SHLD's data
Global defense technology companies, spanning aerospace and cybersecurity.
Forecasted growth trails the typical defense peer — the fund needs a different edge to deliver.
A growth estimate of 16% trails the category median of 18%, ranking in the bottom fifth of peers. Top holdings concentration sits at 65.1%, and the expense ratio is 0.50%.
A focused bet on defense contractors and security firms for a thematic allocation.
Why did SHLD move this week? It fell 0.6% in the week to October 9, 2026 — Hanwha Aerospace and Elbit Systems drove it
SHLD fell 0.6% in the week to October 9, 2026. The holdings that moved it most were Hanwha Aerospace (−16.6%), Elbit Systems (−5.8%) and LIG NEX1 (−18.8%); Palantir Technologies (+10.8%) pushed the other way.
How is SHLD rated? ETF Copilot scores Global X Defense Tech ETF (SHLD) 4.9 out of 10
As of October 9, 2026, ETF Copilot scores Global X Defense Tech ETF (SHLD) 4.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.9 / 10
- Growth: 4.6 / 10
- Value: 7.4 / 10
- Risk: 2.8 / 10
- Quality: 2.7 / 10
- Return: 6.3 / 10
SHLD is ranked #6 of 10 in ETF Copilot's Thematic list.
Is SHLD expensive right now? It trades at 27.4 times earnings, against its own median of 29.7
As of October 9, 2026, SHLD is cheaper than 82% of its own last 3 years.
Trailing 12 months, built from SHLD's holdings. How we calculate this →
What's inside SHLD? 17% Tech
What's inside SHLD: Size (Large 76%, Mid 19%, Small 6%); Geography (International 35%, US 65%); Tech 16.8%; AI 12.8%.
What are SHLD's top holdings? The ten largest are 65% of the fund
More concentrated than 83% of Industrials & Materials ETFs.
Half of SHLD's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 17 equally weighted holdings.
What is SHLD's expense ratio? 0.50% a year
As of October 9, 2026, SHLD charges 0.50% a year, yields 0.72% and holds $6.3B in assets across 50 positions.
| Measure | SHLD |
|---|---|
| Expense ratio | 0.50% |
| Dividend yield | 0.72% |
| Assets under management | $6.3B |
| Holdings | 50 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Global X Defense Tech ETF (SHLD) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/shld
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