SHLDvsNATOETF Comparison
ETF 1
SHLD
Global X Defense Tech ETF
VS
ETF 2
NATO
Themes Transatlantic Defense ETF
Global X Defense Tech ETF (SHLD) and Themes Transatlantic Defense ETF (NATO) belong to the same industry segment: . Both ETFs have the same top 3 sector exposures: Industrials and Information Technology. SHLD is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.35% for NATO. SHLD is down -0.73% year-to-date (YTD) with +$3.02B in YTD flows. NATO performs better with 5.51% YTD performance, and +$39M in YTD flows. Run a side-by-side ETF comparison of SHLD and NATO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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SHLD vs NATO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SHLD NATO | -0.78%+1.73% | -14.86%-4.62% | -0.73%+5.51% | +13.41%+19.04% | n/an/a | n/an/a |
| Flows | SHLD NATO | +$768K- | +$1.06B+$11M | +$3.02B+$39M | +$5.41B+$62M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SHLD NATO | +24.58%+28.60% | +22.14%+20.11% | n/an/a | n/an/a |
| Max drawdown | SHLD NATO | -18.44%-10.91% | -19.41%-14.82% | n/an/a | n/an/a |
| Max drawdown duration | SHLD NATO | 86d92d | 143d101d | n/an/a | n/an/a |
Trading data
SHLD | NATO | |
Last sale 6/12/2026 at 7:14 PM | $63.93 | $40.04 |
| Previous close 06/11/2026 | $65.15 | $40.17 |
| Consolidated volume 06/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of May 29, 2026
1-year trailing difference
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SHLD | NATO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 6/12/2026 at 7:14 PM
Live
Closed
SHLD | NATO | |
|---|---|---|
| Last price | $63.93 | $40.04 |
| 1D performance | -1.87% | -0.32% |
| AuM | $7.68 B | $99.29 M |
| E/R | 0.5% | 0.35% |
Characteristics
SHLD | NATO | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Global X | Themes Management Company |
| Benchmark | Global X Defense Tech Index | Solactive Transatlantic Aerospace and Defense Index |
| N° of holdings | 42 | 59 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 11, 2023 | October 10, 2024 |
| ESG | No | No |
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Exposure
Countries
SHLD
USA
57.1%
Republic of Korea
9.23%
Other
33.66%
NATO
USA
66.07%
United Kingdom
11.1%
Other
22.83%
Sectors
SHLD
Industrials
85.58%
Information Techn.
7.62%
Other
6.8%
NATO
Industrials
90.96%
Other
9.04%
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Diversification
SHLD
Total weight of top 15 holdings out of 15
77.64%
NATO
Total weight of top 15 holdings out of 15
76.57%
Top 15 holdings
Data as of April 30, 2026
SHLD
LOCKHEED MARTIN
8.19%
GENERAL DYNAMICS
7.59%
RAYTHEON TECHNOLOGIES CORPORD
7.55%
PALANTIR TECHNOLOGIES
6.30%
RHEINMETALL
6.04%
HANWHA AEROSPACE
5.47%
BAE SYSTEMS
4.89%
L3 HARRIS TECHNOLOGIES
4.84%
NORTHROP GRUMMAN
4.35%
LEONARDO SPA
4.22%
THALES
4.16%
ELBIT SYSTEMS
3.78%
SE0021921269
3.78%
BWX TECHNOLOGIES INC
3.27%
LEIDOS HOLDINGS INC
3.20%
NATO
BOEING U
8.27%
RAYTHEON TECHNOLOGIES CORPORD
7.99%
GENERAL ELECTRIC
7.53%
ROLLS-ROYCE HOLDINGS
6.08%
AIRBUS SE
5.40%
SAFRAN
5.28%
HONEYWELL INTL
5.13%
LOCKHEED MARTIN
4.97%
HOWMET AEROSPACE INC
4.74%
BAE SYSTEMS
4.09%
NORTHROP GRUMMAN
4.04%
RHEINMETALL
3.56%
GENERAL DYNAMICS
3.40%
TRANSDIGM GROUP
3.14%
L3 HARRIS TECHNOLOGIES
2.95%
Frequently asked questions about SHLD and NATO
How have the SHLD and NATO ETFs performed in 2026?
As of June 11, 2026, SHLD is down -0.73% year-to-date (YTD), while NATO has returned 5.51%. That puts NATO better performer ahead so far this year.
Which ETF is attracting more investor money: SHLD or NATO?
Year-to-date, the SHLD ETF saw +$3.02B in flows, compared to +$39M for NATO.
Which ETF is more volatile: SHLD or NATO?
Over the past year, SHLD had a volatility of 22.14%, while NATO experienced 20.11%.
Which ETF is bigger: SHLD or NATO?
As of June 11, 2026, SHLD holds $7.68 B in assets under management (AUM), while NATO manages $99.29 M.
What sectors do the SHLD and NATO ETFs invest in?
SHLD leans toward sectors like Industrials and Information Technology. Meanwhile, NATO focuses on Industrials.
What are the top holdings of the SHLD ETF and NATO ETF?
SHLD top holdings include LOCKHEED MARTIN, GENERAL DYNAMICS and RAYTHEON TECHNOLOGIES CORPORD. NATO holds in its top three: BOEING U, RAYTHEON TECHNOLOGIES CORPORD and GENERAL ELECTRIC.
Which ETF is more diversified: SHLD or NATO?
SHLD holds 47 securities with 77.64% of its assets in the top 15. NATO has 76 securities and a top 15 weight of 76.57%.
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