META vs. SHLD
META (Meta Platforms, 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, META returned -16.71% vs 8.26% for SHLD. At a 0.19 correlation, their price movements are largely independent.
Performance
META vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, META achieves a -14.03% return, which is significantly lower than SHLD's -1.50% return.
META
- 1D
- -0.26%
- 1M
- -7.69%
- YTD
- -14.03%
- 6M
- -11.84%
- 1Y
- -16.71%
- 3Y*
- 28.18%
- 5Y*
- 11.52%
- 10Y*
- 17.39%
SHLD
- 1D
- -2.04%
- 1M
- 2.37%
- YTD
- -1.50%
- 6M
- -1.03%
- 1Y
- 8.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
META vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
META Meta Platforms, Inc. | -14.03% | 13.09% | 66.05% | 17.34% |
SHLD Global X Defense Tech ETF | -1.50% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between META and SHLD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.19 |
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Return for Risk
META vs. SHLD — Risk / Return Rank
META
SHLD
META vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Platforms, Inc. (META) 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.
| META | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.09 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.52 | -1.06 |
| Martin ratioReturn relative to average drawdown | -1.12 | 1.28 | -2.40 |
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Drawdowns
META vs. SHLD - Drawdown Comparison
The maximum META drawdown since its inception was -76.74%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for META and SHLD.
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Drawdown Indicators
| META | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -20.10% | -56.64% |
Max Drawdown (1Y)Largest decline over 1 year | -33.30% | -20.10% | -13.20% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -76.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -76.74% | — | — |
Current DrawdownCurrent decline from peak | -28.06% | -18.20% | -9.86% |
Average DrawdownAverage peak-to-trough decline | -15.83% | -3.34% | -12.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.06% | 8.12% | +7.94% |
Volatility
META vs. SHLD - Volatility Comparison
Meta Platforms, Inc. (META) has a higher volatility of 10.17% compared to Global X Defense Tech ETF (SHLD) at 9.05%. This indicates that META'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
| META | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 9.05% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 26.91% | 19.94% | +6.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.52% | 24.55% | +10.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.04% | 21.29% | +22.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.67% | 21.29% | +17.38% |
Dividends
META vs. SHLD - Dividend Comparison
META's dividend yield for the trailing twelve months is around 0.37%, less than SHLD's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
META Meta Platforms, Inc. | 0.37% | 0.32% | 0.34% | 0.00% |
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% |
Frequently Asked Questions
META and SHLD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
META has higher volatility (10.17%) compared to SHLD (9.05%). In terms of maximum drawdown, META dropped -76.74% vs SHLD's -20.10%.
SHLD currently has the higher Sharpe Ratio (0.43 vs -0.51), 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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