ARMR vs. SHLD
Compare and contrast key facts about Armor US Equity Index ETF (ARMR) and Global X Defense Tech ETF (SHLD).
ARMR and SHLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARMR is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Armor US Equity Index. It was launched on Feb 11, 2020. 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. Both ARMR and SHLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARMR or SHLD.
Correlation
The correlation between ARMR and SHLD is 0.28, 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.
Performance
ARMR vs. SHLD - Performance Comparison
Key characteristics
Returns By Period
ARMR
N/A
N/A
N/A
N/A
N/A
N/A
SHLD
44.05%
20.72%
34.71%
62.97%
N/A
N/A
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ARMR vs. SHLD - Expense Ratio Comparison
ARMR has a 0.60% expense ratio, which is higher than SHLD's 0.50% expense ratio.
Risk-Adjusted Performance
ARMR vs. SHLD — Risk-Adjusted Performance Rank
ARMR
SHLD
ARMR vs. SHLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Armor US Equity Index ETF (ARMR) 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.
Dividends
ARMR vs. SHLD - Dividend Comparison
ARMR has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
ARMR Armor US Equity Index ETF | 0.00% | 0.00% | 3.06% | 2.92% | 0.53% | 1.16% |
SHLD Global X Defense Tech ETF | 0.37% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARMR vs. SHLD - Drawdown Comparison
Volatility
ARMR vs. SHLD - Volatility Comparison
The current volatility for Armor US Equity Index ETF (ARMR) is 0.00%, while Global X Defense Tech ETF (SHLD) has a volatility of 8.83%. This indicates that ARMR 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.