(SHLD) Defense Tech - Overview
Etf: Aerospace, Military Hardware, Shipbuilding, Cybersecurity, Intelligence
Dividends
| Dividend Yield | 0.56% |
| Yield on Cost 5y | 1.46% |
| Yield CAGR 5y | 123.92% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.6% |
| Relative Tail Risk | -6.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.35 |
| Alpha | 69.34 |
| Character TTM | |
|---|---|
| Beta | 0.601 |
| Beta Downside | 0.471 |
| Drawdowns 3y | |
|---|---|
| Max DD | 15.06% |
| CAGR/Max DD | 3.86 |
Description: SHLD Defense Tech January 11, 2026
The Global X Defense Tech ETF (NYSE ARCA: SHLD) allocates at least 80% of its net assets-plus any investment-purpose borrowings-to securities that track the Global X Defense Tech Index, which can include common stocks, ADRs, and GDRs. The index is owned and constructed by Global X Management Company, an affiliate of the fund’s adviser, and the ETF is classified as a non-diversified industrials vehicle.
Key industry metrics that underpin SHLD’s outlook include a projected 3-4% annual growth in global defense spending through 2028, driven largely by the United States’ FY 2025 budget request of roughly $800 billion and rising geopolitical tensions in Europe and the Indo-Pacific. The fund’s top holdings typically feature major defense contractors such as Lockheed Martin, Raytheon Technologies, and Northrop Grumman, giving it direct exposure to trends in hypersonics, autonomous systems, and cyber-defense. As of the latest filing, SHLD carries an expense ratio of 0.65% and manages about $200 million in assets, reflecting moderate investor interest relative to broader industrial ETFs.
For a deeper quantitative dive, you might explore ValueRay’s analytics platform to assess the ETF’s risk-adjusted performance and sector concentration.
What is the price of SHLD shares?
Over the past week, the price has changed by -3.16%, over one month by +2.43%, over three months by +12.27% and over the past year by +81.63%.
Is SHLD a buy, sell or hold?
What are the forecasts/targets for the SHLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 100.8 | 38.4% |
SHLD Fundamental Data Overview February 07, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.17b USD (7.17b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 7.17b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 7.17b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.13% (E(7.17b)/V(7.17b) * Re(8.13%) + (debt-free company))
Discount Rate = 8.13% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)