MOOD vs. SHLD

Last updated Jun 9, 2026

MOOD (Relative Sentiment Tactical Allocation ETF) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - MOOD is a Tactical Allocation fund actively managed by Relative Sentiment, while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. MOOD is actively managed, while SHLD is passively managed. Over the past year, MOOD returned 33.33% vs 8.97% for SHLD. At a 0.46 correlation, their price movements are largely independent. MOOD charges 0.68%/yr vs 0.50%/yr for SHLD.

Performance

MOOD vs. SHLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Sentiment Tactical Allocation ETF (MOOD) and Global X Defense Tech ETF (SHLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOOD achieves a 12.64% return, which is significantly higher than SHLD's -2.65% return.

MOOD

• 1D: 0.40%
• 1M: -0.30%
• YTD: 12.64%
• 6M: 14.97%
• 1Y: 33.33%
• 3Y*: 19.89%
• 5Y*: —
• 10Y*: —

SHLD

• 1D: 0.03%
• 1M: -3.34%
• YTD: -2.65%
• 6M: -0.77%
• 1Y: 8.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MOOD vs. SHLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MOOD Relative Sentiment Tactical Allocation ETF	12.64%	30.39%	12.53%	4.25%
SHLD Global X Defense Tech ETF	-2.65%	74.16%	35.03%	12.89%

Correlation

The correlation between MOOD and SHLD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.46

MOOD vs. SHLD - Sectors Allocation Comparison

Sectors	MOOD	SHLD
Technology	27.6%	11.8%
Financial Services	15.7%	-
Industrials	12.6%	88.2%
Consumer Cyclical	9.5%	-
Healthcare	8.4%	-
Communication Services	7.9%	-
Consumer Defensive	5.1%	-
Basic Materials	4.4%	-
Energy	3.7%	-
Utilities	2.7%	-
Real Estate	2.5%	-

Return for Risk

MOOD vs. SHLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MOOD

MOOD Risk / Return Rank: 74
MOOD Sharpe Ratio Rank: 81
MOOD Sortino Ratio Rank: 67
MOOD Omega Ratio Rank: 84
MOOD Calmar Ratio Rank: 75
MOOD Martin Ratio Rank: 65

SHLD

SHLD Risk / Return Rank: 15
SHLD Sharpe Ratio Rank: 15
SHLD Sortino Ratio Rank: 16
SHLD Omega Ratio Rank: 15
SHLD Calmar Ratio Rank: 15
SHLD Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MOOD vs. SHLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) 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.

	MOOD	SHLD	Difference
Sharpe ratio: Return per unit of total volatility	2.34	0.37	+1.97
Sortino ratio: Return per unit of downside risk	2.76	0.70	+2.06
Omega ratio: Gain probability vs. loss probability	1.46	1.08	+0.38
Calmar ratio: Return relative to maximum drawdown	3.45	0.45	+3.00
Martin ratio: Return relative to average drawdown	10.67	1.16	+9.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOOD vs. SHLD - Sharpe Ratio Comparison

The current MOOD Sharpe Ratio is 2.34, which is higher than the SHLD Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of MOOD and SHLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MOOD	SHLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	0.37	+1.97
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	1.98	-0.67

Drawdowns

MOOD vs. SHLD - Drawdown Comparison

The maximum MOOD drawdown since its inception was -14.34%, smaller than the maximum SHLD drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for MOOD and SHLD.

Drawdown Indicators

	MOOD	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-20.10%	+5.76%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-20.10%	+10.39%
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	—	—
Current Drawdown Current decline from peak	-2.14%	-19.16%	+17.02%
Average Drawdown Average peak-to-trough decline	-2.32%	-3.26%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	7.78%	-4.65%

Volatility

MOOD vs. SHLD - Volatility Comparison

The current volatility for Relative Sentiment Tactical Allocation ETF (MOOD) is 3.59%, while Global X Defense Tech ETF (SHLD) has a volatility of 7.64%. This indicates that MOOD experiences smaller price fluctuations and is considered to be less risky than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOOD	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	7.64%	-4.05%
Volatility (6M) Calculated over the trailing 6-month period	12.55%	19.39%	-6.84%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	24.20%	-9.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.10%	21.14%	-9.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.10%	21.14%	-9.04%

MOOD vs. SHLD - Expense Ratio Comparison

MOOD has a 0.68% expense ratio, which is higher than SHLD's 0.50% expense ratio.

Dividends

MOOD vs. SHLD - Dividend Comparison

MOOD's dividend yield for the trailing twelve months is around 0.36%, less than SHLD's 0.56% yield.

Position	TTM	2025	2024	2023	2022
MOOD Relative Sentiment Tactical Allocation ETF	0.36%	0.40%	1.33%	1.34%	1.43%
SHLD Global X Defense Tech ETF	0.56%	0.55%	0.53%	0.26%	0.00%

Frequently Asked Questions

Can I hold both MOOD and SHLD in my portfolio?

MOOD and SHLD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOOD or SHLD?

SHLD has higher volatility (7.64%) compared to MOOD (3.59%). In terms of maximum drawdown, MOOD dropped -14.34% vs SHLD's -20.10%.

Which ETF is better, MOOD or SHLD?

On 1-year performance, MOOD leads with 33.33% vs 8.97% for SHLD. On fees, SHLD is cheaper at 0.50% per year. On volatility, MOOD has been the lower-risk option at 3.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOOD or SHLD?

Over the 1-year period, MOOD has performed better with a 33.33% return vs 8.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOOD or SHLD?

SHLD is cheaper with a 0.50% expense ratio, compared with 0.68% for MOOD.

Which ETF pays a higher dividend yield, MOOD or SHLD?

SHLD has the higher dividend yield at 0.56%, compared with 0.36% for MOOD.

What is the main difference between MOOD and SHLD?

MOOD is categorized as Tactical Allocation, while SHLD is Aerospace & Defense. They also come from different issuers: Relative Sentiment and Global X. Their fees differ too: 0.68% for MOOD and 0.50% for SHLD.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.34 vs 0.37), 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.