Global X - Defense Tech ETF
SHLD
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Jun 17, 2024
- CIK
- 0001310067
- Website
- searsholdings.com
- Similar Companies
- Business
- Global X Defense Tech ETF (SHLD) is an exchange-traded fund that provides investors with targeted exposure to companies developing advanced defense technologies worldwide, including specialized hardware, sensors, AI-driven software, cybersecurity solutions, drone systems, high-performance processing, and networking equipment essential for military threat preparedness and response. The ETF tracks the Global X Defense Tech Index, which selects pure-play firms deriving significant revenue from FactSet-identified defense tech sub-themes across sectors such as industrials (approximately 85%) and information technology (approximately 15%); top holdings include Palantir Technologies Inc., RTX Corporation, Lockheed Martin Corp., Rheinmetall AG, General Dynamics Corp., Northrop Grumman Corp., BAE Systems plc, Leidos Holdings Inc., L3Harris Technologies Inc., and Thales SA, among roughly 40-45 securities. SHLD maintains a non-diversified portfolio with a total expense ratio of 0.50%, semi-annual distributions, and geographic diversification led by the United States (around 58-67%), followed by the United Kingdom, Germany, South Korea, France, Italy, Sweden, and Israel. Launched on September 11, 2023, and listed on NYSE Arca (CUSIP 37960A529; ISIN US37960A5294), the ETF is issued and managed by Global X Management Company LLC, with headquarters at 605 Third Avenue, New York, NY 10158. Assets under management have expanded substantially to over $3.4 billion as of August 2025, fueled by a 9.4% year-over-year surge in global defense spending to $2.7 trillion in 2024—the fastest growth since the Cold War—alongside projections for 5% annualized increases to $3.6 trillion by 2030 amid escalating geopolitical tensions and military modernization priorities. Recent developments underscore the ETF's momentum, including sustained inflows amid U.S. approvals for major arms sales such as $11.1 billion to Taiwan in December 2025, strong year-to-date performance exceeding 66% through mid-2025 driven by holdings like Palantir and Rheinmetall, and heightened investor interest in defense tech amid drone warfare trends and European spending surges, with no reported acquisitions, funding rounds, or structural changes by the issuer itself.