Correlation
The correlation between IDEF and SHLD is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
IDEF vs. SHLD
Compare and contrast key facts about iShares Defense Industrials Active ETF (IDEF) and Global X Defense Tech ETF (SHLD).
IDEF and SHLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDEF is an actively managed fund by iShares. It was launched on May 19, 2025. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDEF or SHLD.
Performance
IDEF vs. SHLD - Performance Comparison
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Key characteristics
IDEF:
18.32%
SHLD:
22.01%
IDEF:
-0.41%
SHLD:
-10.92%
IDEF:
0.00%
SHLD:
0.00%
Returns By Period
IDEF
N/A
N/A
N/A
N/A
N/A
N/A
N/A
SHLD
52.47%
9.86%
45.60%
68.24%
N/A
N/A
N/A
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IDEF vs. SHLD - Expense Ratio Comparison
IDEF has a 0.55% expense ratio, which is higher than SHLD's 0.50% expense ratio.
Risk-Adjusted Performance
IDEF vs. SHLD — Risk-Adjusted Performance Rank
IDEF
SHLD
IDEF vs. SHLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Defense Industrials Active ETF (IDEF) 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.
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Dividends
IDEF vs. SHLD - Dividend Comparison
IDEF has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.35%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.35% | 0.53% | 0.26% |
Drawdowns
IDEF vs. SHLD - Drawdown Comparison
The maximum IDEF drawdown since its inception was -0.41%, smaller than the maximum SHLD drawdown of -10.92%. Use the drawdown chart below to compare losses from any high point for IDEF and SHLD.
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Volatility
IDEF vs. SHLD - Volatility Comparison
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