EUAD vs. SHLD
Compare and contrast key facts about Select STOXX Europe Aerospace & Defense ETF (EUAD) and Global X Defense Tech ETF (SHLD).
EUAD and SHLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUAD is a passively managed fund by Select Funds that tracks the performance of the STOXX Europe Total Market Aerospace & Defense Index. It was launched on Oct 22, 2024. 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 EUAD 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: EUAD or SHLD.
Correlation
The correlation between EUAD and SHLD is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EUAD vs. SHLD - Performance Comparison
Key characteristics
EUAD:
32.29%
SHLD:
21.27%
EUAD:
-17.83%
SHLD:
-10.92%
EUAD:
-6.38%
SHLD:
-0.24%
Returns By Period
In the year-to-date period, EUAD achieves a 39.27% return, which is significantly higher than SHLD's 35.23% return.
EUAD
39.27%
-5.22%
N/A
N/A
N/A
N/A
SHLD
35.23%
4.33%
30.23%
59.76%
N/A
N/A
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EUAD vs. SHLD - Expense Ratio Comparison
Both EUAD and SHLD have an expense ratio of 0.50%.
Risk-Adjusted Performance
EUAD vs. SHLD — Risk-Adjusted Performance Rank
EUAD
SHLD
EUAD vs. SHLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Select STOXX Europe Aerospace & Defense ETF (EUAD) 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.
Not enough dataDividends
EUAD vs. SHLD - Dividend Comparison
EUAD's dividend yield for the trailing twelve months is around 0.07%, less than SHLD's 0.39% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
EUAD Select STOXX Europe Aerospace & Defense ETF | 0.07% | 0.09% | 0.00% |
SHLD Global X Defense Tech ETF | 0.39% | 0.53% | 0.26% |
Drawdowns
EUAD vs. SHLD - Drawdown Comparison
The maximum EUAD drawdown since its inception was -17.83%, which is greater than SHLD's maximum drawdown of -10.92%. Use the drawdown chart below to compare losses from any high point for EUAD and SHLD. For additional features, visit the drawdowns tool.
Volatility
EUAD vs. SHLD - Volatility Comparison
Select STOXX Europe Aerospace & Defense ETF (EUAD) has a higher volatility of 14.85% compared to Global X Defense Tech ETF (SHLD) at 12.88%. This indicates that EUAD's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.