GPRO vs. SHLD
GPRO (GoPro, Inc.) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, GPRO returned -10.00% vs 0.92% for SHLD. At a 0.27 correlation, their price movements are largely independent.
Performance
GPRO vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, GPRO achieves a -49.57% return, which is significantly lower than SHLD's -6.37% return.
GPRO
- 1D
- -6.79%
- 1M
- -7.25%
- 6M
- -51.30%
- YTD
- -49.57%
- 1Y
- -10.00%
- 3Y*
- -44.94%
- 5Y*
- -41.64%
- 10Y*
- -24.55%
SHLD
- 1D
- -1.18%
- 1M
- -4.95%
- 6M
- -20.55%
- YTD
- -6.37%
- 1Y
- 0.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GPRO vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GPRO GoPro, Inc. | -49.57% | 29.36% | -68.59% | 0.87% |
SHLD Global X Defense Tech ETF | -6.37% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between GPRO and SHLD is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.27 |
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Return for Risk
GPRO vs. SHLD — Risk / Return Rank
GPRO
SHLD
GPRO vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GoPro, Inc. (GPRO) 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.
| GPRO | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.03 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 0.04 | -0.16 |
| Martin ratioReturn relative to average drawdown | -0.19 | 0.09 | -0.29 |
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Drawdowns
GPRO vs. SHLD - Drawdown Comparison
The maximum GPRO drawdown since its inception was -99.49%, which is greater than SHLD's maximum drawdown of -25.40%. Use the drawdown chart below to compare losses from any high point for GPRO and SHLD.
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Drawdown Indicators
| GPRO | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.49% | -25.40% | -74.09% |
Max Drawdown (1Y)Largest decline over 1 year | -78.28% | -25.40% | -52.88% |
Max Drawdown (3Y)Largest decline over 3 years | -88.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -95.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -97.19% | — | — |
Current DrawdownCurrent decline from peak | -99.24% | -22.25% | -76.99% |
Average DrawdownAverage peak-to-trough decline | -87.09% | -3.82% | -83.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.39% | 9.99% | +41.40% |
Volatility
GPRO vs. SHLD - Volatility Comparison
GoPro, Inc. (GPRO) has a higher volatility of 18.55% compared to Global X Defense Tech ETF (SHLD) at 9.71%. This indicates that GPRO'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.
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Volatility by Period
| GPRO | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.55% | 9.71% | +8.84% |
Volatility (6M)Calculated over the trailing 6-month period | 77.35% | 20.10% | +57.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.36% | 25.23% | +92.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.92% | 21.57% | +50.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.48% | 21.57% | +45.91% |
Dividends
GPRO vs. SHLD - Dividend Comparison
GPRO 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 |
|---|---|---|---|---|
GPRO GoPro, Inc. | 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
GPRO and SHLD have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GPRO has higher volatility (18.55%) compared to SHLD (9.71%). In terms of maximum drawdown, GPRO dropped -99.49% vs SHLD's -25.40%.
SHLD currently has the higher Sharpe Ratio (0.04 vs -0.09), 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.
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