UAA vs. SHLD
UAA (Under Armour, Inc.) 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, UAA returned -16.59% vs 13.67% for SHLD. At a 0.21 correlation, their price movements are largely independent.
Performance
UAA vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, UAA achieves a 9.26% return, which is significantly higher than SHLD's 0.11% return.
UAA
- 1D
- -1.99%
- 1M
- -13.67%
- YTD
- 9.26%
- 6M
- 19.08%
- 1Y
- -16.59%
- 3Y*
- -11.52%
- 5Y*
- -24.51%
- 10Y*
- -17.33%
SHLD
- 1D
- -1.16%
- 1M
- -4.51%
- YTD
- 0.11%
- 6M
- 6.04%
- 1Y
- 13.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UAA vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UAA Under Armour, Inc. | 9.26% | -39.98% | -5.80% | 21.07% |
SHLD Global X Defense Tech ETF | 0.11% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between UAA and SHLD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.21 |
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Return for Risk
UAA vs. SHLD — Risk / Return Rank
UAA
SHLD
UAA vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Under Armour, Inc. (UAA) 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.
| UAA | SHLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.30 | 0.57 | -0.88 |
Sortino ratioReturn per unit of downside risk | -0.08 | 0.97 | -1.05 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.11 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.44 | 0.71 | -1.15 |
Martin ratioReturn relative to average drawdown | -0.71 | 1.93 | -2.64 |
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
| UAA | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.30 | 0.57 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 2.07 | -2.01 |
Drawdowns
UAA vs. SHLD - Drawdown Comparison
The maximum UAA drawdown since its inception was -91.99%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for UAA and SHLD.
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Drawdown Indicators
| UAA | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.99% | -20.10% | -71.89% |
Max Drawdown (1Y)Largest decline over 1 year | -43.42% | -20.10% | -23.32% |
Max Drawdown (3Y)Largest decline over 3 years | -62.53% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -84.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.43% | — | — |
Current DrawdownCurrent decline from peak | -89.57% | -16.87% | -72.70% |
Average DrawdownAverage peak-to-trough decline | -45.70% | -3.17% | -42.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.93% | 7.42% | +19.51% |
Volatility
UAA vs. SHLD - Volatility Comparison
Under Armour, Inc. (UAA) has a higher volatility of 23.01% compared to Global X Defense Tech ETF (SHLD) at 7.51%. This indicates that UAA'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
| UAA | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.01% | 7.51% | +15.50% |
Volatility (6M)Calculated over the trailing 6-month period | 43.30% | 19.39% | +23.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.68% | 23.94% | +30.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.73% | 21.09% | +31.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.12% | 21.09% | +31.03% |
Dividends
UAA vs. SHLD - Dividend Comparison
UAA has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
SHLD Global X Defense Tech ETF | 0.55% | 0.55% | 0.53% | 0.26% |
UAA Under Armour, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UAA and SHLD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UAA has higher volatility (23.01%) compared to SHLD (7.51%). In terms of maximum drawdown, UAA dropped -91.99% vs SHLD's -20.10%.
SHLD currently has the higher Sharpe Ratio (0.57 vs -0.30), 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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