INEO vs. SHLD
Compare and contrast key facts about INNEOVA Holdings Ltd (INEO) and Global X Defense Tech ETF (SHLD).
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.
Performance
INEO vs. SHLD - Performance Comparison
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INEO vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
INEO INNEOVA Holdings Ltd | -4.32% | -23.12% |
SHLD Global X Defense Tech ETF | 13.41% | 2.99% |
Returns By Period
In the year-to-date period, INEO achieves a -4.32% return, which is significantly lower than SHLD's 13.41% return.
INEO
- 1D
- -0.73%
- 1M
- -23.06%
- YTD
- -4.32%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHLD
- 1D
- 3.73%
- 1M
- -4.67%
- YTD
- 13.41%
- 6M
- 5.02%
- 1Y
- 56.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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Return for Risk
INEO vs. SHLD — Risk / Return Rank
INEO
SHLD
INEO vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for INNEOVA Holdings Ltd (INEO) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| INEO | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.46 | 2.62 | -3.08 |
Correlation
The correlation between INEO and SHLD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
INEO vs. SHLD - Dividend Comparison
INEO has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.48%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
INEO INNEOVA Holdings Ltd | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.48% | 0.55% | 0.53% | 0.26% |
Drawdowns
INEO vs. SHLD - Drawdown Comparison
The maximum INEO drawdown since its inception was -43.35%, which is greater than SHLD's maximum drawdown of -15.06%. Use the drawdown chart below to compare losses from any high point for INEO and SHLD.
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Drawdown Indicators
| INEO | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.35% | -15.06% | -28.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.06% | — |
Current DrawdownCurrent decline from peak | -39.43% | -5.82% | -33.61% |
Average DrawdownAverage peak-to-trough decline | -30.68% | -2.58% | -28.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.18% | — |
Volatility
INEO vs. SHLD - Volatility Comparison
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Volatility by Period
| INEO | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.64% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 135.15% | 25.64% | +109.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 135.15% | 20.81% | +114.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 135.15% | 20.81% | +114.34% |