SHLD

Defense Tech ETF

Reasons to Consider SHLD

Global RTC Icon

Long-Term Growth Catalysts

Global defense spend could rise another 7% year-over-year to over $3 trillion in 2026 — extending a decade-long stretch of growth. Spending is projected to grow at a 5% annualized rate, reaching $3.7 trillion by 20301

Global RTC Icon

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.

Global RTC Icon

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 Peach Research Institute (SIPRI), Apr 2025.

Watch Video

Key Information

ETF 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
Taxes

ETF Prices

NAV
Daily Change
Market Price
Daily Change

Performance History

Fund NAVMarket PriceIndex
Options Details

Top Holdings

Net Assets (%)TickerNameSEDOLShares HeldMarket Value
Exposure

ETF Characteristics

As of May 15 2026
Return on Equity19.90%
Weighted Avg. Market Cap85,097 M
20252026
Price-to-earnings29.5524.26
Price-to-book value5.184.54
ETF Risk Stats

ETF Research

Defense Tech: Inventory Burn Becomes a Catalyst

Defense Tech Enters 2026 with Strengthening Fundamentals

Why Defense Tech? Why SHLD?

ETF Documents