IBM vs. SHLD
IBM (International Business Machines Corporation) 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, IBM returned 0.72% vs 8.26% for SHLD. At a 0.24 correlation, their price movements are largely independent.
Performance
IBM vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, IBM achieves a -6.89% return, which is significantly lower than SHLD's -1.50% return.
IBM
- 1D
- -0.95%
- 1M
- 24.14%
- YTD
- -6.89%
- 6M
- -10.81%
- 1Y
- 0.72%
- 3Y*
- 29.65%
- 5Y*
- 18.01%
- 10Y*
- 11.09%
SHLD
- 1D
- -2.04%
- 1M
- 2.37%
- YTD
- -1.50%
- 6M
- -1.03%
- 1Y
- 8.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBM vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBM International Business Machines Corporation | -6.89% | 38.23% | 39.27% | 13.06% |
SHLD Global X Defense Tech ETF | -1.50% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between IBM and SHLD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.24 |
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Return for Risk
IBM vs. SHLD — Risk / Return Rank
IBM
SHLD
IBM vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) 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.
| IBM | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.09 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 0.52 | -0.54 |
| Martin ratioReturn relative to average drawdown | -0.05 | 1.28 | -1.33 |
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Drawdowns
IBM vs. SHLD - Drawdown Comparison
The maximum IBM drawdown since its inception was -69.40%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for IBM and SHLD.
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Drawdown Indicators
| IBM | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.40% | -20.10% | -49.30% |
Max Drawdown (1Y)Largest decline over 1 year | -30.96% | -20.10% | -10.86% |
Max Drawdown (3Y)Largest decline over 3 years | -30.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | — | — |
Current DrawdownCurrent decline from peak | -17.31% | -18.20% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -20.12% | -3.34% | -16.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.38% | 8.12% | +6.26% |
Volatility
IBM vs. SHLD - Volatility Comparison
International Business Machines Corporation (IBM) has a higher volatility of 21.43% compared to Global X Defense Tech ETF (SHLD) at 9.05%. This indicates that IBM'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
| IBM | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.43% | 9.05% | +12.38% |
Volatility (6M)Calculated over the trailing 6-month period | 34.62% | 19.94% | +14.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.45% | 24.55% | +14.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.16% | 21.29% | +5.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.59% | 21.29% | +5.30% |
Dividends
IBM vs. SHLD - Dividend Comparison
IBM's dividend yield for the trailing twelve months is around 2.47%, more than SHLD's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 2.47% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
IBM and SHLD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (21.43%) compared to SHLD (9.05%). In terms of maximum drawdown, IBM dropped -69.40% vs SHLD's -20.10%.
SHLD currently has the higher Sharpe Ratio (0.43 vs -0.02), 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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