FINX vs. SHLD

Last updated Jun 4, 2026

FINX (Global X FinTech ETF) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - FINX is a Technology Equities fund tracking the Indxx Global FinTech Thematic Index, while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. Both are passively managed. Over the past year, FINX returned -20.58% vs 9.71% for SHLD. At a 0.45 correlation, their price movements are largely independent. FINX charges 0.68%/yr vs 0.50%/yr for SHLD.

Performance

FINX vs. SHLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X FinTech ETF (FINX) 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, FINX achieves a -16.28% return, which is significantly lower than SHLD's -2.28% return.

FINX

• 1D: -4.72%
• 1M: -5.30%
• YTD: -16.28%
• 6M: -18.85%
• 1Y: -20.58%
• 3Y*: 5.77%
• 5Y*: -10.20%
• 10Y*: —

SHLD

• 1D: -2.39%
• 1M: -7.01%
• YTD: -2.28%
• 6M: 1.71%
• 1Y: 9.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FINX vs. SHLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FINX Global X FinTech ETF	-16.28%	-5.20%	23.02%	20.40%
SHLD Global X Defense Tech ETF	-2.28%	74.16%	35.03%	12.89%

Correlation

The correlation between FINX and SHLD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.45

FINX vs. SHLD - Sectors Allocation Comparison

Sectors	FINX	SHLD
Technology	56.4%	11.8%
Financial Services	38.6%	-
Industrials	3.7%	88.2%
Healthcare	1.3%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FINX vs. SHLD — Risk / Return Rank

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

FINX

FINX Risk / Return Rank: 3
FINX Sharpe Ratio Rank: 3
FINX Sortino Ratio Rank: 3
FINX Omega Ratio Rank: 3
FINX Calmar Ratio Rank: 4
FINX Martin Ratio Rank: 4

SHLD

SHLD Risk / Return Rank: 15
SHLD Sharpe Ratio Rank: 14
SHLD Sortino Ratio Rank: 15
SHLD Omega Ratio Rank: 14
SHLD Calmar Ratio Rank: 14
SHLD Martin Ratio Rank: 15

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.

FINX vs. SHLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) 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.

	FINX	SHLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	0.41	-1.11
Sortino ratio: Return per unit of downside risk	-0.83	0.74	-1.58
Omega ratio: Gain probability vs. loss probability	0.90	1.08	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.56	0.49	-1.05
Martin ratio: Return relative to average drawdown	-1.09	1.30	-2.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FINX vs. SHLD - Sharpe Ratio Comparison

The current FINX Sharpe Ratio is -0.70, which is lower than the SHLD Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of FINX 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.

Sharpe Ratios by Period

	FINX	SHLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	0.41	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	2.00	-1.79

Drawdowns

FINX vs. SHLD - Drawdown Comparison

The maximum FINX drawdown since its inception was -63.53%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for FINX and SHLD.

Drawdown Indicators

	FINX	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-63.53%	-20.10%	-43.43%
Max Drawdown (1Y) Largest decline over 1 year	-36.58%	-20.10%	-16.48%
Max Drawdown (3Y) Largest decline over 3 years	-36.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.53%	—	—
Current Drawdown Current decline from peak	-49.93%	-18.85%	-31.08%
Average Drawdown Average peak-to-trough decline	-24.45%	-3.19%	-21.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.98%	7.51%	+11.47%

Volatility

FINX vs. SHLD - Volatility Comparison

Global X FinTech ETF (FINX) and Global X Defense Tech ETF (SHLD) have volatilities of 8.15% and 7.81%, 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

	FINX	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	7.81%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	22.78%	19.35%	+3.43%
Volatility (1Y) Calculated over the trailing 1-year period	29.36%	24.05%	+5.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.40%	21.13%	+10.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.73%	21.13%	+7.60%

FINX vs. SHLD - Expense Ratio Comparison

FINX has a 0.68% expense ratio, which is higher than SHLD's 0.50% expense ratio.

Dividends

FINX vs. SHLD - Dividend Comparison

FINX's dividend yield for the trailing twelve months is around 0.69%, more than SHLD's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FINX Global X FinTech ETF	0.69%	0.58%	0.72%	0.21%	0.27%	5.40%	0.00%	0.00%	0.18%	0.11%
SHLD Global X Defense Tech ETF	0.56%	0.55%	0.53%	0.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FINX and SHLD in my portfolio?

FINX and SHLD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FINX or SHLD?

FINX has higher volatility (8.15%) compared to SHLD (7.81%). In terms of maximum drawdown, FINX dropped -63.53% vs SHLD's -20.10%.

Which ETF is better, FINX or SHLD?

On 1-year performance, SHLD leads with 9.71% vs -20.58% for FINX. On fees, SHLD is cheaper at 0.50% per year. On volatility, SHLD has been the lower-risk option at 7.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FINX or SHLD?

Over the 1-year period, SHLD has performed better with a 9.71% return vs -20.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FINX or SHLD?

SHLD is cheaper with a 0.50% expense ratio, compared with 0.68% for FINX.

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

FINX has the higher dividend yield at 0.69%, compared with 0.56% for SHLD.

What is the main difference between FINX and SHLD?

FINX is categorized as Technology Equities, while SHLD is Aerospace & Defense. FINX tracks Indxx Global FinTech Thematic Index, while SHLD tracks Global X Defense Tech Index. Their fees differ too: 0.68% for FINX and 0.50% for SHLD.

Which has better risk-adjusted returns?

SHLD currently has the higher Sharpe Ratio (0.41 vs -0.70), 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.