SHLD vs. NATO.L
Compare and contrast key facts about Global X Defense Tech ETF (SHLD) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.L).
SHLD and NATO.L 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. NATO.L is a passively managed fund by HANetf that tracks the performance of the EQM Future of Defence Index. It was launched on Jul 4, 2023. Both SHLD and NATO.L 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 NATO.L.
Correlation
The correlation between SHLD and NATO.L is 0.40, 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. NATO.L - Performance Comparison
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Key characteristics
SHLD:
2.87
NATO.L:
2.59
SHLD:
3.84
NATO.L:
3.53
SHLD:
1.57
NATO.L:
1.49
SHLD:
5.87
NATO.L:
4.33
SHLD:
17.16
NATO.L:
19.05
SHLD:
3.74%
NATO.L:
2.92%
SHLD:
21.93%
NATO.L:
21.25%
SHLD:
-10.92%
NATO.L:
-21.84%
SHLD:
0.00%
NATO.L:
0.00%
Returns By Period
In the year-to-date period, SHLD achieves a 45.50% return, which is significantly higher than NATO.L's 38.25% return.
SHLD
45.50%
7.80%
39.22%
62.40%
N/A
N/A
NATO.L
38.25%
8.82%
36.88%
55.48%
N/A
N/A
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SHLD vs. NATO.L - Expense Ratio Comparison
SHLD has a 0.50% expense ratio, which is higher than NATO.L's 0.49% expense ratio.
Risk-Adjusted Performance
SHLD vs. NATO.L — Risk-Adjusted Performance Rank
SHLD
NATO.L
SHLD vs. NATO.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Defense Tech ETF (SHLD) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.L). 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.
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Dividends
SHLD vs. NATO.L - Dividend Comparison
SHLD's dividend yield for the trailing twelve months is around 0.37%, while NATO.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
SHLD Global X Defense Tech ETF | 0.37% | 0.53% | 0.26% |
NATO.L HANetf Future of Defence UCITS ETF - Accumulating | 0.00% | 0.00% | 0.00% |
Drawdowns
SHLD vs. NATO.L - Drawdown Comparison
The maximum SHLD drawdown since its inception was -10.92%, smaller than the maximum NATO.L drawdown of -21.84%. Use the drawdown chart below to compare losses from any high point for SHLD and NATO.L. For additional features, visit the drawdowns tool.
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Volatility
SHLD vs. NATO.L - Volatility Comparison
Global X Defense Tech ETF (SHLD) has a higher volatility of 6.40% compared to HANetf Future of Defence UCITS ETF - Accumulating (NATO.L) at 5.36%. This indicates that SHLD's price experiences larger fluctuations and is considered to be riskier than NATO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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