SHLD vs. EUAD
Compare and contrast key facts about Global X Defense Tech ETF (SHLD) and Select STOXX Europe Aerospace & Defense ETF (EUAD).
SHLD and EUAD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. EUAD is a passively managed fund by Select Funds that tracks the performance of the STOXX Europe Total Market Aerospace & Defense Index. It was launched on Oct 22, 2024. Both SHLD and EUAD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHLD or EUAD.
Correlation
The correlation between SHLD and EUAD is 0.33, 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.
Performance
SHLD vs. EUAD - Performance Comparison
Key characteristics
SHLD:
21.57%
EUAD:
31.25%
SHLD:
-10.92%
EUAD:
-17.83%
SHLD:
-1.86%
EUAD:
-0.51%
Returns By Period
In the year-to-date period, SHLD achieves a 40.84% return, which is significantly lower than EUAD's 53.59% return.
SHLD
40.84%
20.74%
37.32%
58.15%
N/A
N/A
EUAD
53.59%
22.67%
46.84%
N/A
N/A
N/A
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SHLD vs. EUAD - Expense Ratio Comparison
Both SHLD and EUAD have an expense ratio of 0.50%.
Risk-Adjusted Performance
SHLD vs. EUAD — Risk-Adjusted Performance Rank
SHLD
EUAD
SHLD vs. EUAD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Defense Tech ETF (SHLD) and Select STOXX Europe Aerospace & Defense ETF (EUAD). 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.
Not enough dataDividends
SHLD vs. EUAD - Dividend Comparison
SHLD's dividend yield for the trailing twelve months is around 0.38%, more than EUAD's 0.06% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
SHLD Global X Defense Tech ETF | 0.38% | 0.53% | 0.26% |
EUAD Select STOXX Europe Aerospace & Defense ETF | 0.06% | 0.10% | 0.00% |
Drawdowns
SHLD vs. EUAD - Drawdown Comparison
The maximum SHLD drawdown since its inception was -10.92%, smaller than the maximum EUAD drawdown of -17.83%. Use the drawdown chart below to compare losses from any high point for SHLD and EUAD. For additional features, visit the drawdowns tool.
Volatility
SHLD vs. EUAD - Volatility Comparison
Global X Defense Tech ETF (SHLD) has a higher volatility of 9.00% compared to Select STOXX Europe Aerospace & Defense ETF (EUAD) at 8.14%. This indicates that SHLD's price experiences larger fluctuations and is considered to be riskier than EUAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.