UNI.MI vs. SHLD
UNI.MI (Unipol Gruppo S.p.A.) 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, UNI.MI returned 65.19% vs -0.60% for SHLD. At a 0.22 correlation, their price movements are largely independent.
Performance
UNI.MI vs. SHLD - Performance Comparison
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Different Trading Currencies
UNI.MI is traded in EUR, while SHLD is traded in USD. To make them comparable, the SHLD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, UNI.MI achieves a 34.51% return, which is significantly higher than SHLD's -4.35% return.
UNI.MI
- 1D
- 0.88%
- 1M
- 7.93%
- 6M
- 36.30%
- YTD
- 34.51%
- 1Y
- 65.19%
- 3Y*
- 81.93%
- 5Y*
- 52.74%
- 10Y*
- 35.05%
- ALL TIME*
- 1.76%
SHLD
- 1D
- 0.16%
- 1M
- -2.94%
- 6M
- -21.46%
- YTD
- -4.35%
- 1Y
- -0.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 34.34%
UNI.MI vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UNI.MI Unipol Gruppo S.p.A. | 34.51% | 79.85% | 143.12% | 0.39% |
SHLD Global X Defense Tech ETF | -4.35% | 53.49% | 43.94% | 9.77% |
Correlation
The correlation between UNI.MI and SHLD is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.22 |
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Return for Risk
UNI.MI vs. SHLD — Risk / Return Rank
UNI.MI
SHLD
UNI.MI vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unipol Gruppo S.p.A. (UNI.MI) 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.
| UNI.MI | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.45 | ||
| Sortino ratioReturn per unit of downside risk | +3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.02 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 5.68 | -0.03 | +5.71 |
| Martin ratioReturn relative to average drawdown | 16.07 | -0.06 | +16.12 |
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Drawdowns
UNI.MI vs. SHLD - Drawdown Comparison
The maximum UNI.MI drawdown since its inception was -97.26%, which is greater than SHLD's maximum drawdown of -23.81%. Use the drawdown chart below to compare losses from any high point for UNI.MI and SHLD.
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Drawdown Indicators
| UNI.MI | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.26% | -23.81% | -73.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -23.81% | +12.33% |
Max Drawdown (3Y)Largest decline over 3 years | -19.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.15% | — | — |
Current DrawdownCurrent decline from peak | -1.39% | -21.46% | +20.07% |
Average DrawdownAverage peak-to-trough decline | -73.39% | -3.84% | -69.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 10.44% | -6.38% |
Volatility
UNI.MI vs. SHLD - Volatility Comparison
Unipol Gruppo S.p.A. (UNI.MI) has a higher volatility of 8.66% compared to Global X Defense Tech ETF (SHLD) at 7.77%. This indicates that UNI.MI'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
| UNI.MI | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.66% | 7.77% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 18.86% | +3.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.97% | 24.59% | +2.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.14% | 21.28% | +5.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.76% | 21.28% | +9.48% |
Dividends
UNI.MI vs. SHLD - Dividend Comparison
UNI.MI's dividend yield for the trailing twelve months is around 4.26%, more than SHLD's 0.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHLD Global X Defense Tech ETF | 0.71% | 0.55% | 0.53% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UNI.MI Unipol Gruppo S.p.A. | 4.26% | 4.13% | 3.16% | 7.17% | 6.58% | 11.72% | 7.16% | 3.52% | 5.12% | 4.60% | 5.26% | 3.57% |
Frequently Asked Questions
UNI.MI and SHLD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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