Global X Defense Tech ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Global X Defense Tech ETF SHLD
Morningstar’s Analysis SHLD
Will SHLD outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the SHLD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SHLD’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 61.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
RTX Corp | 8.33 | 620M | Industrials |
General Dynamics Corp | 8.26 | 615M | Industrials |
Lockheed Martin Corp | 8.18 | 609M | Industrials |
Northrop Grumman Corp | 8.11 | 603M | Industrials |
Palantir Technologies Inc Ordinary Shares - Class A | 7.90 | 588M | Technology |
Rheinmetall AG | 4.54 | 338M | Industrials |
L3Harris Technologies Inc | 4.54 | 338M | Industrials |
BAE Systems PLC | 4.54 | 338M | Industrials |
Leonardo SpA Az nom Post raggruppamento | 3.73 | 277M | Industrials |
Thales | 3.72 | 277M | Industrials |
United States