Global X Defense Tech ETF

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Global X Defense Tech ETF (SHLD)
Type
Exchange-traded fund
Military weapon grade: Fund is invested in military contractors above the threshold of 4%. Assigned a grade of F.
How we track weapon investments
F
$1.12 BILLION
Military weapons
32
military weapon stocks found
90%
of assets flagged
Data as of 31 Mar 2025
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
32
holdings
$1.12B
invested
90%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
18
holdings
$829.99M
invested
66%
of portfolio
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
15
holdings
$805.37M
invested
64%
of portfolio
Military weapon companies
32 holdings
32 holdings
  • 1.  Rheinmetall AG
    Controversial weapons
    $111.36M
    8.92%
  • 2.  RTX Corp
    Nuclear weaponsControversial weapons
    $94.21M
    7.54%
  • 3.  Northrop Grumman Corp
    Nuclear weaponsControversial weapons
    $87.22M
    6.98%
  • 4.  General Dynamics Corp
    Nuclear weaponsControversial weapons
    $79.88M
    6.4%
  • 5.  Thales
    Nuclear weaponsControversial weapons
    $79.07M
    6.33%
See all
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

Global X Defense Tech ETF earns an F grade for investments in military weapons
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Financial performance
Performance data provided byMorningstarFind more financial data on SHLD at Morningstar.com
Current fund
SHLD
Global X Defense Tech ETF
Family
Global X Funds
Category
Technology
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 1-yr returns 
34% more in annualized returns
More invested in military weapons 
86% more invested
More invested in major military contractors 
86% more invested
More invested in manufacturers/servicers of nuclear weapons 
64% more invested
More invested in manufacturers of controversial weapons 
63% more invested
Current fund
SHLD
Global X Defense Tech ETF
Family
Global X Funds
Category
Technology
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 1-yr returns 
34% more in annualized returns
More invested in military weapons 
86% more invested
More invested in major military contractors 
86% more invested
More invested in manufacturers/servicers of nuclear weapons 
64% more invested
More invested in manufacturers of controversial weapons 
63% more invested
Current fund
SHLD
Global X Defense Tech ETF
Family
Global X Funds
Category
Technology
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 1-yr returns 
34% more in annualized returns
More invested in military weapons 
86% more invested
More invested in major military contractors 
86% more invested
More invested in manufacturers/servicers of nuclear weapons 
64% more invested
More invested in manufacturers of controversial weapons 
63% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
SHLD - Global X Defense Tech ETF
41%
/
/
/
90% 
Benchmark
ACWI - iShares MSCI ACWI ETF
7.43%
7.17%
15%
8.99%
3.66% 
Fund compared to benchmark
 
34%
/
/
/
86%  higher
Find more financial data on SHLD at Morningstar.com
What's next?
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