Key stats
About Global X Funds Global X Defense Tech ETF
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Inception date
Sep 11, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
SHLD seeks defense technology companies worldwide that provide the products and services necessary for governmental organization's threat preparedness and response. The investment thesis is based on governments becoming increasingly reliant on advanced military systems requiring specialized hardware, sensors, and other networking solutions. Selection begins by focusing on pure-play companies whose revenue comes from FactSet-identified defense tech sub-themes. This includes cybersecurity, artificial intelligence, big data, augmented reality, advanced military systems, as well as hardware like robotics, fuel systems, and aircraft. Firms tied to non-military firearms and commercial aircraft manufacturing are not considered. The top 50 securities are selected and weighted by market-cap with individual security weights capped at 8%. Index reconstitution and rebalancing is done on a semi-annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.84%
Electronic Technology84.06%
Technology Services14.43%
Producer Manufacturing1.35%
Bonds, Cash & Other0.16%
Cash0.16%
Stock breakdown by region
North America55.09%
Europe35.39%
Asia6.48%
Middle East2.90%
Oceania0.13%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history