---
ticker: "SHLD"
name: "Global X - Defense Tech ETF"
url: "https://etf.net/etf/SHLD"
grade: "C"
score: 53
graded_at: "2026-10-12"
category: "Defense & Aerospace"
category_rank: "9 of 26"
methodology: "https://etf.net/methodology"
---

# SHLD: Global X - Defense Tech ETF

Grade **C**, Score 53 of 100. Rank 9 of 26 in Defense & Aerospace.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 52 | 12 of 26 |
| Mission | Not scored | — |
| Risk | 40 | 16 of 26 |
| Tradability | 78 | 5 of 26 |
| Holdings | 28 | 23 of 26 |
| Durability | 82 | 5 of 26 |

## Top holdings

The fund holds 55 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | PLTR | Palantir Technologies Inc-A | 13.24% |
| 2 | RTX | Rtx Corporation | 9.11% |
| 3 | GD | General Dynamics Corp | 8.37% |
| 4 | LMT | Lockheed Martin Corp | 8.28% |
| 5 | NOC | Northrop Grumman Corp | 7.51% |
| 6 | BA.L | Bae Systems PLC | 4.48% |
| 7 | LHX | L3HARRIS Technologies Inc | 3.70% |
| 8 | RHM.DE | Rheinmetall AG | 3.60% |
| 9 | — | Saab Ab-B | 3.55% |
| 10 | HO.PA | Thales SA | 3.51% |
| 11 | 012450.KS | Hanwha Aerospace Co Ltd | 3.44% |
| 12 | LDO.MI | Leonardo Spa | 3.37% |
| 13 | ESLT.TA | Elbit Systems Ltd | 2.91% |
| 14 | LDOS | Leidos Holdings Inc | 2.43% |
| 15 | BWXT | Bwx Technologies Inc | 2.10% |
| 16 | KOG.OL | Kongsberg Gruppen Asa | 2.04% |
| 17 | HII | Huntington Ingalls Industrie | 1.66% |
| 18 | — | Moog Inc-Class A | 1.62% |
| 19 | KTOS | Kratos Defense & Security | 1.25% |
| 20 | 047810.KS | Korea Aerospace Industries | 0.96% |
| 21 | 079550.KS | Lig DEFENSE&AEROSPACE Co Ltd | 0.90% |
| 22 | BAB.L | Babcock Intl Group PLC | 0.90% |
| 23 | AM.PA | Dassault Aviation SA | 0.87% |
| 24 | HAG.DE | Hensoldt AG | 0.83% |
| 25 | AVAV | Aerovironment Inc | 0.83% |
| 26 | PSN | Parsons Corp | 0.76% |
| 27 | MRCY | Mercury Systems Inc | 0.75% |
| 28 | PL | Planet Labs Pbc | 0.75% |
| 29 | 272210.KS | Hanwha Systems Co Ltd | 0.68% |
| 30 | ASELS.IS | Aselsan Elektronik Sanayi | 0.63% |

Source: etf.net, https://etf.net/etf/SHLD. Please cite the page URL.