NYSX vs. SHLD

Last updated Aug 2, 2026

NYSX (Global X NYSE 100 ETF) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - NYSX is a Large Cap Growth Equities fund tracking the NYSE 100 Index, while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. Both are passively managed. Their 0.23 correlation means their historical movements had little consistent relationship. NYSX charges 0.09%/yr vs 0.50%/yr for SHLD.

Performance

NYSX vs. SHLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NYSE 100 ETF (NYSX) and Global X Defense Tech ETF (SHLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NYSX

• 1D: 1.17%
• 1M: -2.71%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SHLD

• 1D: 0.76%
• 1M: -1.11%
• 6M: -15.67%
• YTD: -2.06%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 39.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NYSX Global X NYSE 100 ETF	$239.29K	$212.13K	$467.73K
SHLD Global X Defense Tech ETF	$70.01M	$66.37M	$108.83M

NYSX vs. SHLD - Yearly Performance Comparison

	2026 (YTD)
NYSX Global X NYSE 100 ETF	24.51%
SHLD Global X Defense Tech ETF	-13.70%

Correlation

The correlation between NYSX and SHLD is 0.23, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.23

Return for Risk

NYSX vs. SHLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NYSX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SHLD

SHLD Risk / Return Rank: 14
SHLD Sharpe Ratio Rank: 14
SHLD Sortino Ratio Rank: 15
SHLD Omega Ratio Rank: 14
SHLD Calmar Ratio Rank: 13
SHLD Martin Ratio Rank: 13

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NYSX vs. SHLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NYSE 100 ETF (NYSX) 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.

	NYSX	SHLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.15	—
Sortino ratio: Return per unit of downside risk	—	0.40	—
Omega ratio: Gain probability vs. loss probability	—	1.05	—
Calmar ratio: Return relative to maximum drawdown	—	0.15	—
Martin ratio: Return relative to average drawdown	—	0.35	—

Drawdowns

NYSX vs. SHLD - Drawdown Comparison

The maximum NYSX drawdown since its inception was -13.45%, smaller than the maximum SHLD drawdown of -25.40%. Use the drawdown chart below to compare losses from any high point for NYSX and SHLD.

Drawdown Indicators

	NYSX	SHLD	Difference
Max Drawdown Largest peak-to-trough decline	-13.45%	-25.40%	+11.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.40%	—
Current Drawdown Current decline from peak	-8.69%	-18.67%	+9.98%
Average Drawdown Average peak-to-trough decline	-3.11%	-4.15%	+1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.13%	—

Volatility

Volatility by Period

	NYSX	SHLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.48%	25.33%	+2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.48%	21.56%	+5.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.48%	21.56%	+5.92%

NYSX vs. SHLD - Expense Ratio Comparison

NYSX has a 0.09% expense ratio, which is lower than SHLD's 0.50% expense ratio.

Dividends

NYSX vs. SHLD - Dividend Comparison

NYSX's dividend yield for the trailing twelve months is around 0.05%, less than SHLD's 0.67% yield.

Position	TTM	2025	2024	2023
NYSX Global X NYSE 100 ETF	0.05%	0.00%	0.00%	0.00%
SHLD Global X Defense Tech ETF	0.67%	0.55%	0.53%	0.26%

Frequently Asked Questions

Can I hold both NYSX and SHLD in my portfolio?

NYSX and SHLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NYSX or SHLD?

On fees, NYSX is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYSX or SHLD?

NYSX is cheaper with a 0.09% expense ratio, compared with 0.50% for SHLD.

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

SHLD has the higher dividend yield at 0.67%, compared with 0.05% for NYSX.

What is the main difference between NYSX and SHLD?

NYSX is categorized as Large Cap Growth Equities, while SHLD is Aerospace & Defense. NYSX tracks NYSE 100 Index, while SHLD tracks Global X Defense Tech Index. Their fees differ too: 0.09% for NYSX and 0.50% for SHLD.