PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Global X Defence Tech Index ETF (SHLD.TO) Sharpe Ratio

Sharpe ratio is not yet available for SHLD.TO. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Global X Defence Tech Index ETF's Sharpe Ratio with other ETFs in the Aerospace & Defense category across multiple time periods, showing how SHLD.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XAD.TOiShares U.S. Aerospace & Defense Index ETF1.74
SHLD.TOGlobal X Defence Tech Index ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SHLD.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SHLD.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading graphics...