DTCR vs. SHLD

Last updated Jul 15, 2026

DTCR (Global X Data Center & Digital Infrastructure ETF) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - DTCR is a REIT fund tracking the Solactive Data Center REITs & Digital Infrastructure Index, while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. Both are passively managed. Over the past year, DTCR returned 54.36% vs -0.98% for SHLD. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.

Performance

DTCR vs. SHLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Data Center & Digital Infrastructure ETF (DTCR) and Global X Defense Tech ETF (SHLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTCR achieves a 35.71% return, which is significantly higher than SHLD's -6.76% return.

DTCR

• 1D: 0.49%
• 1M: -8.10%
• 6M: 22.79%
• YTD: 35.71%
• 1Y: 54.36%
• 3Y*: 28.66%
• 5Y*: 12.16%
• 10Y*: —

SHLD

• 1D: -0.41%
• 1M: -5.34%
• 6M: -20.90%
• YTD: -6.76%
• 1Y: -0.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DTCR vs. SHLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DTCR Global X Data Center & Digital Infrastructure ETF	35.71%	28.99%	14.92%	10.87%
SHLD Global X Defense Tech ETF	-6.76%	74.16%	35.03%	12.89%

Correlation

The correlation between DTCR and SHLD is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023	0.33

Return for Risk

DTCR vs. SHLD — Risk / Return Rank

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

DTCR

DTCR Risk / Return Rank: 83
DTCR Sharpe Ratio Rank: 88
DTCR Sortino Ratio Rank: 82
DTCR Omega Ratio Rank: 80
DTCR Calmar Ratio Rank: 89
DTCR Martin Ratio Rank: 78

SHLD

SHLD Risk / Return Rank: 9
SHLD Sharpe Ratio Rank: 9
SHLD Sortino Ratio Rank: 9
SHLD Omega Ratio Rank: 9
SHLD Calmar Ratio Rank: 9
SHLD Martin Ratio Rank: 9

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.

DTCR vs. SHLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Data Center & Digital Infrastructure ETF (DTCR) 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.

	DTCR	SHLD	Difference
Sharpe ratio: Return per unit of total volatility	2.29	-0.04	+2.33
Sortino ratio: Return per unit of downside risk	2.89	0.13	+2.77
Omega ratio: Gain probability vs. loss probability	1.37	1.01	+0.36
Calmar ratio: Return relative to maximum drawdown	4.24	-0.04	+4.28
Martin ratio: Return relative to average drawdown	11.52	-0.10	+11.62

DTCR vs. SHLD - Sharpe Ratio Comparison

The current DTCR Sharpe Ratio is 2.29, which is higher than the SHLD Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of DTCR and SHLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DTCR vs. SHLD - Drawdown Comparison

The maximum DTCR drawdown since its inception was -38.98%, which is greater than SHLD's maximum drawdown of -25.40%. Use the drawdown chart below to compare losses from any high point for DTCR and SHLD.

Drawdown Indicators

	DTCR	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-25.40%	-13.58%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-25.40%	+12.51%
Max Drawdown (3Y) Largest decline over 3 years	-24.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.98%	—	—
Current Drawdown Current decline from peak	-11.78%	-22.57%	+10.79%
Average Drawdown Average peak-to-trough decline	-12.25%	-3.85%	-8.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	10.09%	-5.36%

Volatility

DTCR vs. SHLD - Volatility Comparison

Global X Data Center & Digital Infrastructure ETF (DTCR) and Global X Defense Tech ETF (SHLD) have volatilities of 8.13% and 8.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTCR	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	8.48%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	19.11%	19.87%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	23.88%	25.18%	-1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.32%	21.56%	+0.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.17%	21.56%	+0.61%

DTCR vs. SHLD - Expense Ratio Comparison

Both DTCR and SHLD have an expense ratio of 0.50%.

Dividends

DTCR vs. SHLD - Dividend Comparison

DTCR's dividend yield for the trailing twelve months is around 0.87%, more than SHLD's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DTCR Global X Data Center & Digital Infrastructure ETF	0.87%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%
SHLD Global X Defense Tech ETF	0.70%	0.55%	0.53%	0.26%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DTCR and SHLD in my portfolio?

DTCR and SHLD have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTCR or SHLD?

SHLD has higher volatility (8.48%) compared to DTCR (8.13%). In terms of maximum drawdown, DTCR dropped -38.98% vs SHLD's -25.40%.

Which ETF is better, DTCR or SHLD?

On 1-year performance, DTCR leads with 54.36% vs -0.98% for SHLD. Both ETFs have the same 0.50% expense ratio. On volatility, DTCR has been the lower-risk option at 8.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DTCR or SHLD?

Over the 1-year period, DTCR has performed better with a 54.36% return vs -0.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DTCR or SHLD?

DTCR and SHLD have the same expense ratio: 0.50% per year.

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

DTCR has the higher dividend yield at 0.87%, compared with 0.70% for SHLD.

What is the main difference between DTCR and SHLD?

DTCR is categorized as REIT, while SHLD is Aerospace & Defense. DTCR tracks Solactive Data Center REITs & Digital Infrastructure Index, while SHLD tracks Global X Defense Tech Index.

Which has better risk-adjusted returns?

DTCR currently has the higher Sharpe Ratio (2.29 vs -0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.