CPTL vs. SHLD

Last updated Jul 23, 2026

CPTL (Global X Morningstar Capital Allocation Leaders ETF) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - CPTL is a Large Cap Blend Equities fund tracking the Morningstar US Capital Allocation Leaders Index, while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. Both are passively managed. CPTL charges 0.35%/yr vs 0.50%/yr for SHLD.

Performance

CPTL vs. SHLD - Performance Comparison

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

Returns By Period

CPTL

• 1D: -0.24%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SHLD

• 1D: 0.80%
• 1M: 0.55%
• 6M: -20.74%
• YTD: -5.97%
• 1Y: 0.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 37.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CPTL Global X Morningstar Capital Allocation Leaders ETF	$950.92K	$950.92K	$950.92K
SHLD Global X Defense Tech ETF	$53.26M	$79.82M	$113.85M

CPTL vs. SHLD - Yearly Performance Comparison

	2026 (YTD)
CPTL Global X Morningstar Capital Allocation Leaders ETF	-0.24%
SHLD Global X Defense Tech ETF	0.80%

Return for Risk

CPTL vs. SHLD — Risk / Return Rank

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

CPTL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SHLD

SHLD Risk / Return Rank: 12
SHLD Sharpe Ratio Rank: 12
SHLD Sortino Ratio Rank: 12
SHLD Omega Ratio Rank: 12
SHLD Calmar Ratio Rank: 11
SHLD Martin Ratio Rank: 11

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.

CPTL vs. SHLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Morningstar Capital Allocation Leaders ETF (CPTL) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CPTL	SHLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.03	—
Sortino ratio: Return per unit of downside risk	—	0.23	—
Omega ratio: Gain probability vs. loss probability	—	1.03	—
Calmar ratio: Return relative to maximum drawdown	—	0.03	—
Martin ratio: Return relative to average drawdown	—	0.07	—

Drawdowns

CPTL vs. SHLD - Drawdown Comparison

The maximum CPTL drawdown since its inception was -0.24%, smaller than the maximum SHLD drawdown of -25.40%. Use the drawdown chart below to compare losses from any high point for CPTL and SHLD.

Drawdown Indicators

	CPTL	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.24%	-25.40%	+25.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.40%	—
Current Drawdown Current decline from peak	-0.24%	-21.91%	+21.67%
Average Drawdown Average peak-to-trough decline	-0.24%	-4.00%	+3.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.68%	—

Volatility

Volatility by Period

	CPTL	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	25.08%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.48%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.48%	—

CPTL vs. SHLD - Expense Ratio Comparison

CPTL has a 0.35% expense ratio, which is lower than SHLD's 0.50% expense ratio.

Dividends

CPTL vs. SHLD - Dividend Comparison

CPTL has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.70%.

Position	TTM	2025	2024	2023
CPTL Global X Morningstar Capital Allocation Leaders ETF	0.00%	0.00%	0.00%	0.00%
SHLD Global X Defense Tech ETF	0.70%	0.55%	0.53%	0.26%

Frequently Asked Questions

Which ETF is better, CPTL or SHLD?

On fees, CPTL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CPTL or SHLD?

CPTL is cheaper with a 0.35% expense ratio, compared with 0.50% for SHLD.

Which ETF pays a higher dividend yield, CPTL or SHLD?

SHLD has the higher dividend yield at 0.70%, compared with 0.00% for CPTL.

What is the main difference between CPTL and SHLD?

CPTL is categorized as Large Cap Blend Equities, while SHLD is Aerospace & Defense. CPTL tracks Morningstar US Capital Allocation Leaders Index, while SHLD tracks Global X Defense Tech Index. Their fees differ too: 0.35% for CPTL and 0.50% for SHLD.