TGOPY vs. SHLD
TGOPY (3i Group PLC ADR) 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, TGOPY returned -49.11% vs 8.97% for SHLD. At a 0.30 correlation, their price movements are largely independent.
Performance
TGOPY vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, TGOPY achieves a -33.15% return, which is significantly lower than SHLD's -2.65% return.
TGOPY
- 1D
- -0.55%
- 1M
- -18.66%
- YTD
- -33.15%
- 6M
- -31.19%
- 1Y
- -49.11%
- 3Y*
- 6.84%
- 5Y*
- 16.22%
- 10Y*
- —
SHLD
- 1D
- 0.03%
- 1M
- -3.34%
- YTD
- -2.65%
- 6M
- -0.77%
- 1Y
- 8.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TGOPY vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TGOPY 3i Group PLC ADR | -33.15% | -1.54% | 48.13% | 22.10% |
SHLD Global X Defense Tech ETF | -2.65% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between TGOPY and SHLD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.30 |
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Return for Risk
TGOPY vs. SHLD — Risk / Return Rank
TGOPY
SHLD
TGOPY vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 3i Group PLC ADR (TGOPY) 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.
| TGOPY | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.08 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 0.45 | -1.38 |
| Martin ratioReturn relative to average drawdown | -1.84 | 1.16 | -2.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TGOPY | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.08 | 0.37 | -1.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 1.98 | -1.68 |
Drawdowns
TGOPY vs. SHLD - Drawdown Comparison
The maximum TGOPY drawdown since its inception was -58.64%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for TGOPY and SHLD.
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Drawdown Indicators
| TGOPY | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.64% | -20.10% | -38.54% |
Max Drawdown (1Y)Largest decline over 1 year | -52.74% | -20.10% | -32.64% |
Max Drawdown (3Y)Largest decline over 3 years | -52.74% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -52.74% | — | — |
Current DrawdownCurrent decline from peak | -51.47% | -19.16% | -32.31% |
Average DrawdownAverage peak-to-trough decline | -10.80% | -3.26% | -7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.78% | 7.78% | +19.00% |
Volatility
TGOPY vs. SHLD - Volatility Comparison
3i Group PLC ADR (TGOPY) has a higher volatility of 19.55% compared to Global X Defense Tech ETF (SHLD) at 7.64%. This indicates that TGOPY'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
| TGOPY | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.55% | 7.64% | +11.91% |
Volatility (6M)Calculated over the trailing 6-month period | 38.98% | 19.39% | +19.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.69% | 24.20% | +21.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.51% | 21.14% | +17.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.34% | 21.14% | +27.20% |
Dividends
TGOPY vs. SHLD - Dividend Comparison
TGOPY's dividend yield for the trailing twelve months is around 3.62%, more than SHLD's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TGOPY 3i Group PLC ADR | 3.62% | 2.42% | 1.83% | 2.23% | 14.27% | 2.62% | 2.70% | 3.04% | 1.66% | 0.75% |
Frequently Asked Questions
TGOPY and SHLD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGOPY has higher volatility (19.55%) compared to SHLD (7.64%). In terms of maximum drawdown, TGOPY dropped -58.64% vs SHLD's -20.10%.
SHLD currently has the higher Sharpe Ratio (0.37 vs -1.08), 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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