(SHLD) Defense Tech - Overview
ETF Category: Industrials | Exchange: NYSE ARCA (USA) | Market Cap: 7.625m USD | Total Return: 19% in 12m
Avg Turnover: 114M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Global X Defense Tech ETF (SHLD) tracks the Global X Defense Tech Index, investing at least 80% of its assets in equity securities including common stocks and depositary receipts. Managed by Global X Management Company, the fund is classified as non-diversified, allowing for concentrated positions in key defense and technology firms. The underlying index focuses on companies integrating advanced software, cybersecurity, and robotics into military hardware.
The defense technology sector is increasingly driven by a shift toward attritable systems-low-cost, unmanned platforms designed for high-risk environments. This business model relies heavily on long-term government contracts and high barriers to entry due to stringent security clearances and specialized engineering requirements. Analyzing the fundamental valuation metrics of these aerospace contractors on ValueRay can provide further insight into their long-term growth potential.
- Rising geopolitical tensions increase global government procurement for advanced military hardware
- NATO member defense budget mandates drive long-term contract backlog growth
- Integration of artificial intelligence in electronic warfare systems expands manufacturer margins
- Legislative shifts in defense appropriations impact prime contractor revenue stability
- Supply chain constraints for aerospace components affect delivery timelines and cash flow
As of May 23, 2026, the stock is trading at USD 64.37 with a total of 1,729,316 shares traded.
Over the past week, the price has changed by +4.51%,
over one month by -7.31%,
over three months by -12.36% and
over the past year by +19.03%.
Defense Tech has no consensus analysts rating.