SHLD ETF Analysis: Defense Tech | NYSE
Industrials | NYSE, USA | Market Cap: 7.142m USD | 12M Return: -8.5% | US37960A5294 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 63.5M
Warnings
Tailwinds
No distinct edge detected
Seasonality 3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Global X Defense Tech ETF (SHLD) is a passively managed, non-diversified exchange-traded fund that seeks to track the performance of the Global X Defense Tech Index. The fund invests at least 80% of its net assets in the securities of this underlying index, which may include common stocks, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs). The index is owned and developed by Global X Management Company LLC, an affiliate of the fund and its investment adviser, establishing the fund as part of Global Xs broader lineup of thematic ETFs.
The defense technology sector generally includes companies engaged in defense electronics, advanced weapons systems, unmanned aerial and autonomous systems, cybersecurity, and aerospace and satellite communications. As a thematic ETF launched in September 2023, SHLD offers investors targeted exposure to firms positioned to benefit from ongoing global defense modernization efforts and rising military expenditure.
- Pentagon budget increases drive defense contractor revenues
- NATO allies accelerate commitments to higher defense spending
- AI and autonomous weapons systems drive new contract awards
As of September 27, 2026, the stock is trading at USD 61.46 with a total of 1,022,041 shares traded. Over the past week, the price has changed by -1.95%, over one month by -6.38%, over three months by +5.94% and over the past year by -8.46%.
Current recommended Stop Loss: 60.30 (which is 1.9% or 1.2 ATR below the current price).
Defense Tech has no consensus analysts rating.