Global X Defense Tech ETF

Shareclass
Global X Defense Tech ETF (SHLD)
Type
Exchange-traded fund
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up over 2% of the portfolio. Assigned a grade of F.
F
$659.82 MILLION
Prison industrial complex
11
flagged holdings
53%
of assets flagged
Data as of 31 Mar 2025
Flagged investments:
$659.82 MILLION, 53% of assets
 Higher risk:
$556.68 MILLION, 45% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
0 direct stock holdings
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
11
holdings
$659.82M
invested
53%
of portfolio
All flagged holdings
11 holdings
11 holdings
  • 1.  
     Palantir Technologies Inc Ordinary Shares - Class A
    Border industry
    $108.2M
    8.66%
  • 2.  
     RTX Corp
    Border industry
    $94.21M
    7.54%
  • 3.  
     Northrop Grumman Corp
    Border industry
    $87.22M
    6.98%
  • 4.  
     General Dynamics Corp
    Border industry
    $79.88M
    6.4%
  • 5.  
    Thales
    Border industry
    $79.07M
    6.33%
Higher risk
Private prison operator
See all
Global X Defense Tech ETF $SHLD is 53% ($659.82 MILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on SHLD at Morningstar.com
Current fund
SHLD
Global X Defense Tech ETF
Family
Global X Funds
Category
Technology
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 1-yr returns 
34% more in annualized returns
Less invested in private prison operators 
0.01% less invested
Less invested in higher risk companies, prison industry 
0.22% less invested
More invested in higher risk companies, border industry 
43% more invested
More invested in higher risk companies 
43% more invested
Less invested in all screened prison industry companies 
11.53% less invested
More invested in all screened border industry companies 
42% more invested
More invested in all screened companies 
39% more invested
Current fund
SHLD
Global X Defense Tech ETF
Family
Global X Funds
Category
Technology
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 1-yr returns 
34% more in annualized returns
Less invested in private prison operators 
0.01% less invested
Less invested in higher risk companies, prison industry 
0.22% less invested
More invested in higher risk companies, border industry 
43% more invested
More invested in higher risk companies 
43% more invested
Less invested in all screened prison industry companies 
11.53% less invested
More invested in all screened border industry companies 
42% more invested
More invested in all screened companies 
39% more invested
Current fund
SHLD
Global X Defense Tech ETF
Family
Global X Funds
Category
Technology
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 1-yr returns 
34% more in annualized returns
Less invested in private prison operators 
0.01% less invested
Less invested in higher risk companies, prison industry 
0.22% less invested
More invested in higher risk companies, border industry 
43% more invested
More invested in higher risk companies 
43% more invested
Less invested in all screened prison industry companies 
11.53% less invested
More invested in all screened border industry companies 
42% more invested
More invested in all screened companies 
39% more invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
SHLD - Global X Defense Tech ETF
41%
/
/
/
0% 
Benchmark
ACWI - iShares MSCI ACWI ETF
7.43%
7.17%
15%
8.99%
<0.01% 
Fund compared to benchmark
 
34%
/
/
/
<0.01%  lower
Find more financial data on SHLD at Morningstar.com
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