ALV vs. SHLD

Last updated Apr 1, 2026

Compare and contrast key facts about Autoliv, Inc. (ALV) and Global X Defense Tech ETF (SHLD).

SHLD is a passively managed fund by Global X that tracks the performance of the Global X Defense Tech Index - Benchmark TR Net. It was launched on Sep 11, 2023.

Performance

ALV vs. SHLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Autoliv, Inc. (ALV) and Global X Defense Tech ETF (SHLD). The values are adjusted to include any dividend payments, if applicable.

ALV vs. SHLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ALV Autoliv, Inc.	-10.72%	30.24%	-12.72%	13.92%
SHLD Global X Defense Tech ETF	13.41%	74.16%	35.03%	12.89%

Returns By Period

In the year-to-date period, ALV achieves a -10.72% return, which is significantly lower than SHLD's 13.41% return.

ALV

• 1D: 4.15%
• 1M: -10.58%
• YTD: -10.72%
• 6M: -13.52%
• 1Y: 22.41%
• 3Y*: 6.96%
• 5Y*: 5.18%
• 10Y*: 4.84%

SHLD

• 1D: 3.73%
• 1M: -4.67%
• YTD: 13.41%
• 6M: 5.02%
• 1Y: 56.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ALV vs. SHLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALV

ALV Risk / Return Rank: 65
ALV Sharpe Ratio Rank: 70
ALV Sortino Ratio Rank: 64
ALV Omega Ratio Rank: 61
ALV Calmar Ratio Rank: 63
ALV Martin Ratio Rank: 68

SHLD

SHLD Risk / Return Rank: 92
SHLD Sharpe Ratio Rank: 93
SHLD Sortino Ratio Rank: 93
SHLD Omega Ratio Rank: 89
SHLD Calmar Ratio Rank: 94
SHLD Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALV vs. SHLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Autoliv, Inc. (ALV) and Global X Defense Tech ETF (SHLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALV	SHLD	Difference
Sharpe ratio Return per unit of total volatility	0.81	2.22	-1.42
Sortino ratio Return per unit of downside risk	1.30	2.89	-1.59
Omega ratio Gain probability vs. loss probability	1.16	1.38	-0.22
Calmar ratio Return relative to maximum drawdown	0.97	3.90	-2.93
Martin ratio Return relative to average drawdown	3.08	11.34	-8.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALV vs. SHLD - Sharpe Ratio Comparison

The current ALV Sharpe Ratio is 0.81, which is lower than the SHLD Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of ALV and SHLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALV	SHLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	2.22	-1.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	2.62	-2.40

Correlation

The correlation between ALV and SHLD is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ALV vs. SHLD - Dividend Comparison

ALV's dividend yield for the trailing twelve months is around 3.13%, more than SHLD's 0.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALV Autoliv, Inc.	3.13%	2.63%	2.92%	2.41%	3.37%	1.82%	0.67%	2.94%	3.02%	1.87%	2.03%	1.78%
SHLD Global X Defense Tech ETF	0.48%	0.55%	0.53%	0.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ALV vs. SHLD - Drawdown Comparison

The maximum ALV drawdown since its inception was -79.72%, which is greater than SHLD's maximum drawdown of -15.06%. Use the drawdown chart below to compare losses from any high point for ALV and SHLD.

Drawdown Indicators

	ALV	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-79.72%	-15.06%	-64.66%
Max Drawdown (1Y) Largest decline over 1 year	-21.96%	-15.06%	-6.90%
Max Drawdown (5Y) Largest decline over 5 years	-39.27%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.09%	—	—
Current Drawdown Current decline from peak	-18.22%	-5.82%	-12.40%
Average Drawdown Average peak-to-trough decline	-20.98%	-2.58%	-18.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.92%	5.18%	+1.74%

Volatility

ALV vs. SHLD - Volatility Comparison

The current volatility for Autoliv, Inc. (ALV) is 8.93%, while Global X Defense Tech ETF (SHLD) has a volatility of 9.74%. This indicates that ALV experiences smaller price fluctuations and is considered to be less risky than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALV	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.93%	9.74%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	18.37%	18.64%	-0.27%
Volatility (1Y) Calculated over the trailing 1-year period	27.97%	25.64%	+2.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.89%	20.81%	+11.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.74%	20.81%	+12.93%