Global X Defense Tech ETF (SHLD) is an exchange-traded fund designed to track the performance of global companies involved in defense, security, and military technologies. The ETF is managed by Global X ETFs and trades under the ticker SHLD on Nasdaq.

Classified as an equity ETF with global exposure to the defense, security, and military technology sectors, SHLD seeks to reflect, before fees and expenses, the performance of the companies included in its benchmark index.

The fund follows a passive management strategy, replicating the Global X Defense Tech Index, which consists of companies involved in military defense, aerospace, cybersecurity, and advanced technologies applied to protection systems and strategic infrastructure.

Diversification and sector exposure

SHLD provides thematic exposure to global defense and security-related segments, including areas such as:

• Defense and aerospace
• Military technology
• Cybersecurity
• Critical infrastructure
• Communication systems
• Security equipment and services

This composition reflects companies involved in technological development applied to protection, defense, and strategic security.

Structure and costs

SHLD shares trade on the secondary market on Nasdaq during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. SHLD may distribute income derived from dividends paid by companies held in the portfolio.

History and evolution of the ETF

The Global X Defense Tech ETF was launched in 2023, during a period of increasing geopolitical tensions and growing investor interest in defense and security-related companies.

Since inception, the fund has reflected movements tied to rising military spending, advances in defense-related technologies, and expansion of the cybersecurity sector.

In recent years, SHLD has reflected changes in the global geopolitical environment, technological evolution within the military sector, and growing demand for strategic infrastructure and advanced protection systems.

Additional Information

Global X Defense Tech ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $5.95 billion.

Over the past 12 months, Global X Defense Tech ETF recorded a return of -10.69%, with its price trading between $58.17 and $78.02 during the same period.

The ETF is traded under the ticker SHLD.