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 -37.58% vs 4.60% for SHLD. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
GPRO vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, GPRO achieves a -46.88% return, which is significantly lower than SHLD's -2.06% return.
GPRO
- 1D
- 4.83%
- 1M
- 4.03%
- 6M
- -35.43%
- YTD
- -46.88%
- 1Y
- -37.58%
- 3Y*
- -43.30%
- 5Y*
- -40.73%
- 10Y*
- -24.56%
- ALL TIME*
- -26.01%
SHLD
- 1D
- 0.76%
- 1M
- -1.11%
- 6M
- -15.67%
- YTD
- -2.06%
- 1Y
- 4.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 39.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
GPRO GoPro, Inc. | $2.84M | $3.16M | $6.15M |
| $70.01M | $66.37M | $108.83M |
GPRO vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GPRO GoPro, Inc. | -46.88% | 29.36% | -68.59% | 0.87% |
SHLD Global X Defense Tech ETF | -2.06% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between GPRO and SHLD is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.28 |
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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 | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.05 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.15 | -0.69 |
| Martin ratioReturn relative to average drawdown | -0.77 | 0.35 | -1.12 |
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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 | -87.99% | — | — |
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 | -99.20% | -18.67% | -80.53% |
Average DrawdownAverage peak-to-trough decline | -87.15% | -4.15% | -83.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.25% | 11.13% | +43.12% |
Volatility
GPRO vs. SHLD - Volatility Comparison
GoPro, Inc. (GPRO) has a higher volatility of 18.37% compared to Global X Defense Tech ETF (SHLD) at 7.73%. 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 | 18.37% | 7.73% | +10.64% |
Volatility (6M)Calculated over the trailing 6-month period | 78.01% | 20.16% | +57.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.67% | 25.33% | +82.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.12% | 21.56% | +50.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.41% | 21.56% | +45.85% |
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 0.67%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GPRO GoPro, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.67% | 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 (18.37%) compared to SHLD (7.73%). In terms of maximum drawdown, GPRO dropped -99.49% vs SHLD's -25.40%.
SHLD currently has the higher Sharpe Ratio (0.15 vs -0.39), 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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