SHLD

Global X Defense Tech ETF

$64.67

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Global X Defense Tech ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Defense Tech & Cybersecurity Index.

Overview

ETF tracking Global X Defense Tech ETF

Category International

Issuer Other

Inception Date 2023-09-13

Market Cap $4.1B

Average Volume N/A

Dividend Yield 0.40%

52-Week Range $36.95 - $71.51

VWAP $64.44

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in companies that are involved in the defense technology and cybersecurity industries, including those engaged in the research, development, and production of defense technologies, as well as companies providing cybersecurity products and services.

✨ Key Features

Provides exposure to companies involved in the defense technology and cybersecurity sectors globally
Tracks the Indxx Global Defense Tech & Cybersecurity Index, which is designed to measure the performance of companies involved in these industries
Diversified portfolio across different countries and industries within the defense tech and cybersecurity sectors
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Geopolitical and regulatory risks that can impact the defense and cybersecurity industries
Potential volatility due to the specialized nature of the underlying companies
Currency risk for international investments

👤 Best For

This ETF may be suitable for investors seeking exposure to the defense technology and cybersecurity sectors as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance, as the specialized nature of the underlying companies can lead to increased volatility.