PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

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

ETF · Currency in CAD · Last updated Jun 27, 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
99
1.00%
6.67BNov 2021SHLD.TO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
0.99%
2.36BApr 2023SHLD.TO vs CBIL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
76
19.34%
379.27MOct 2023SHLD.TO vs QQCL.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
69
10.96%
7.12BNov 2010SHLD.TO vs HXS.TO
HXT.TO
Global X S&P/TSX 60 Index Corporate Class ETFCanada Equities
89
11.75%
5.30BSep 2010SHLD.TO vs HXT.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
91
59.75%
416.39MJun 2021SHLD.TO vs CHPS.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFMoney Market
69
1.05%
1.92BFeb 2020SHLD.TO vs HSAV.TO
HBNK.TO
Global X Equal Weight Banks Index ETFFinancials Equities, Equal Weight
97
30.32%
—Jul 2023SHLD.TO vs HBNK.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETFDerivative Income, S&P 500
79
12.12%
250.98MJul 2023SHLD.TO vs USCL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
76
15.17%
732.86MSep 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 11 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XAD.TO
iShares U.S. Aerospace & Defense Index ETFAerospace & Defense
49
14.13%
—Sep 2023SHLD.TO vs XAD.TO
SHLD
Global X Defense Tech ETFAerospace & Defense
8
-9.88%
7.43BSep 2023SHLD.TO vs SHLD
XAR
SPDR S&P Aerospace & Defense ETFAerospace & Defense, Industrials Equities
37
13.69%
7.23BSep 2011SHLD.TO vs XAR
FSDAX
Fidelity Select Defense & Aerospace PortfolioAerospace & Defense, Industrials Equities
36
12.54%
—May 1984SHLD.TO vs FSDAX
KDEF
PLUS Korea Defense Industry Index ETFAerospace & Defense
9
-10.04%
59.99MFeb 2025SHLD.TO vs KDEF
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
82
12.75%
19.56BAug 2019SHLD.TO vs XEQT.TO
VCE.TO
Vanguard FTSE Canada Index ETFCanada Equities
82
11.39%
3.48BNov 2011SHLD.TO vs VCE.TO
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
41
11.30%
4.93BMay 2019SHLD.TO vs TEC.TO
CEF.TO
Sprott Physical Gold and Silver Trust
69
-8.64%
——SHLD.TO vs CEF.TO
ZEO.TO
BMO Equal Weight Oil & Gas Index ETFEnergy Equities, Equal Weight
82
29.91%
326.77MOct 2009SHLD.TO vs ZEO.TO
XCSR.TO
iShares ESG Advanced MSCI Canada Index ETFCanada Equities
70
9.50%
507.36MApr 2020SHLD.TO vs XCSR.TO
SMH
VanEck Semiconductor ETFSemiconductors, Technology Equities
94
69.83%
84.54BDec 2011SHLD.TO vs SMH
IDEF
iShares Defense Industrials Active ETFAerospace & Defense
17
0.70%
4.08BMay 2025SHLD.TO vs IDEF
MISL
First Trust Indxx Aerospace & Defense ETFIndustrials Equities
25
3.12%
817.91MOct 2022SHLD.TO vs MISL
AMAX.TO
Hamilton Gold Producer YIELD MAXIMIZER ETFGold, Derivative Income, Precious Metals
25
-8.80%
504.60MFeb 2024SHLD.TO vs AMAX.TO
TTP.TO
TD Canadian Equity Index ETFCanada Equities
85
11.35%
6.22BMar 2016SHLD.TO vs TTP.TO
EUAD
Select STOXX Europe Aerospace & Defense ETFAerospace & Defense
8
-3.13%
980.32MOct 2024SHLD.TO vs EUAD
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedg...Industrials Equities
52
12.51%
166.78MMar 2013SHLD.TO vs XGI.TO
XOM
Exxon Mobil Corporation
72
14.99%
——SHLD.TO vs XOM
4MMR.DE
Global X Defence Tech UCITS ETF USD AccumulatingAerospace & Defense
9
-7.74%
——SHLD.TO vs 4MMR.DE

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