PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Global X Defence Tech Index ETF (SHLD.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 4, 2026

The Global X Defense Tech ETF (SHLD) seeks to invest in companies positioned to benefit from the increased adoption and utilization of defense technology, including cybersecurity, artificial intelligence, big data, and advanced military systems. It aims to provide investment results that correspond generally to the price and yield performance of the Global X Defense Tech Index.

Global X Defence Tech Index ETF (SHLD.TO) belongs to the Aerospace & Defense category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SHLD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, QQCL.TO and span 10 categories. AUM among these funds goes as high as $7B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CASH.TO
Global X High Interest Savings ETFMoney Market
100
0.83%
6.70BNov 2021SHLD.TO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
0.85%
2.27BApr 2023SHLD.TO vs CBIL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
81
20.85%
364.56MOct 2023SHLD.TO vs QQCL.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
71
11.99%
6.67BNov 2010SHLD.TO vs HXS.TO
HXT.TO
Global X S&P/TSX 60 Corporate Class ETFCanada Equities
81
10.03%
5.16BSep 2010SHLD.TO vs HXT.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFBank Loan
66
1.04%
1.92BFeb 2020SHLD.TO vs HSAV.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
94
66.03%
342.08MJun 2021SHLD.TO vs CHPS.TO
HBNK.TO
Global X Equal Weight Banks Index ETFFinancials Equities
96
18.85%
—Jul 2023SHLD.TO vs HBNK.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETFDerivative Income, S&P 500
75
11.57%
249.48MJul 2023SHLD.TO vs USCL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
82
16.94%
713.85MSep 2011SHLD.TO vs QQCC.TO

Often Compared With SHLD.TO

Investors most often compare SHLD.TO with XAD.TO, SHLD, XAR. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XAD.TO
iShares U.S. Aerospace & Defense Index ETFAerospace & Defense
35
6.26%
—Sep 2023SHLD.TO vs XAD.TO
SHLD
Global X Defense Tech ETFAerospace & Defense
15
-2.28%
7.99BSep 2023SHLD.TO vs SHLD
XAR
SPDR S&P Aerospace & Defense ETFAerospace & Defense, Industrials Equities
43
13.40%
6.50BSep 2011SHLD.TO vs XAR
FSDAX
Fidelity Select Defense & Aerospace PortfolioIndustrials Equities
19
6.65%
—May 1984SHLD.TO vs FSDAX
KDEF
PLUS Korea Defense Industry Index ETFAerospace & Defense
26
6.06%
59.99MFeb 2025SHLD.TO vs KDEF
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
75
12.29%
18.41BAug 2019SHLD.TO vs XEQT.TO
VCE.TO
Vanguard FTSE Canada Index ETFCanada Equities
72
10.03%
3.48BNov 2011SHLD.TO vs VCE.TO
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
58
17.96%
5.04BMay 2019SHLD.TO vs TEC.TO
CEF.TO
Sprott Physical Gold and Silver Trust
77
2.53%
——SHLD.TO vs CEF.TO
ZEO.TO
BMO Equal Weight Oil & Gas Index ETFEnergy Equities
86
37.72%
340.76MOct 2009SHLD.TO vs ZEO.TO
SMH
VanEck Semiconductor ETFSemiconductors, Technology Equities
96
77.13%
67.82BDec 2011SHLD.TO vs SMH
XCSR.TO
iShares ESG Advanced MSCI Canada Index ETFCanada Equities
58
6.62%
492.96MApr 2020SHLD.TO vs XCSR.TO
MISL
First Trust Indxx Aerospace & Defense ETFIndustrials Equities
39
7.59%
826.37MOct 2022SHLD.TO vs MISL
IDEF
iShares Defense Industrials Active ETFAerospace & Defense
28
4.74%
—May 2025SHLD.TO vs IDEF
AMAX.TO
Hamilton Gold Producer YIELD MAXIMIZER ETFGold, Derivative Income
32
-1.05%
519.30MFeb 2024SHLD.TO vs AMAX.TO
TTP.TO
TD Canadian Equity Index ETFCanada Equities
80
10.77%
6.05BMar 2016SHLD.TO vs TTP.TO
EUAD
Select STOXX Europe Aerospace & Defense ETFAerospace & Defense
7
-5.41%
980.32MOct 2024SHLD.TO vs EUAD
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedg...Industrials Equities
42
9.86%
158.77MMar 2013SHLD.TO vs XGI.TO
4MMR.DE
Global X Defence Tech UCITS ETF USD AccumulatingAerospace & Defense
15
-1.10%
——SHLD.TO vs 4MMR.DE
XOM
Exxon Mobil Corporation
85
28.46%
——SHLD.TO vs XOM

Compare SHLD.TO with Any Fund or Stock

Compare SHLD.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair SHLD.TO with funds that move differently

Global X Defence Tech Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHLD.TO.

Explore SHLD.TO Diversifiers