USM vs. SHLD
Compare and contrast key facts about United States Cellular Corporation (USM) and Global X Defense Tech ETF (SHLD).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USM or SHLD.
Correlation
The correlation between USM and SHLD is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
USM vs. SHLD - Performance Comparison
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Key characteristics
USM:
0.91
SHLD:
2.89
USM:
1.60
SHLD:
3.84
USM:
1.21
SHLD:
1.57
USM:
0.68
SHLD:
5.88
USM:
5.89
SHLD:
17.20
USM:
6.72%
SHLD:
3.74%
USM:
41.82%
SHLD:
21.94%
USM:
-86.23%
SHLD:
-10.92%
USM:
-40.63%
SHLD:
0.00%
Returns By Period
In the year-to-date period, USM achieves a -2.17% return, which is significantly lower than SHLD's 47.15% return.
USM
-2.17%
-10.62%
-1.29%
37.89%
27.91%
14.97%
4.73%
SHLD
47.15%
8.82%
40.59%
62.96%
N/A
N/A
N/A
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Risk-Adjusted Performance
USM vs. SHLD — Risk-Adjusted Performance Rank
USM
SHLD
USM vs. SHLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Cellular Corporation (USM) 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.
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Dividends
USM vs. SHLD - Dividend Comparison
USM has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.36%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
USM United States Cellular Corporation | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.36% | 0.53% | 0.26% |
Drawdowns
USM vs. SHLD - Drawdown Comparison
The maximum USM drawdown since its inception was -86.23%, which is greater than SHLD's maximum drawdown of -10.92%. Use the drawdown chart below to compare losses from any high point for USM and SHLD. For additional features, visit the drawdowns tool.
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Volatility
USM vs. SHLD - Volatility Comparison
United States Cellular Corporation (USM) has a higher volatility of 15.81% compared to Global X Defense Tech ETF (SHLD) at 6.19%. This indicates that USM'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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