GLOBAL X FDSGLOBAL X FDSGLOBAL X FDS

GLOBAL X FDS

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Key stats


Assets under management (AUM)
‪2.06 B‬USD
Fund flows (1Y)
‪1.37 B‬USD
Dividend yield (indicated)
0.36%
Discount/Premium to NAV
−0.7%
Shares outstanding
‪37.48 M‬
Expense ratio
0.50%

About GLOBAL X FDS


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Sep 11, 2023
Structure
Open-Ended Fund
Index tracked
Global X Defense Tech Index - Benchmark TR Net
Management style
Passive
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


Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Aerospace & defense
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Stock breakdown by region
0.2%51%37%2%7%
Top 10 holdings

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SHLD trades at 54.54 USD today, its price has risen 18.15% in the past 24 hours. Track more dynamics on SHLD price chart.
SHLD net asset value is 54.81 today — it's risen 8.95% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SHLD assets under management is ‪2.06 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SHLD price has risen by 18.15% over the last month, and its yearly performance shows a 18.15% increase. See more dynamics on SHLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.95% over the last month, showed a 29.63% increase in three-month performance and has increased by 63.37% in a year.
SHLD fund flows account for ‪5.02 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SHLD invests in stocks. See more details in our Analysis section.
SHLD expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SHLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, SHLD pays dividends to its holders with the dividend yield of 0.36%.
SHLD trades at a premium (0.67%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SHLD shares are issued by Mirae Asset Global Investments Co., Ltd.
SHLD follows the Global X Defense Tech Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 11, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.