Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
SHLDvsNATOETF Comparison
Themes Transatlantic Defense ETF
Global X Defense Tech ETF (SHLD) belongs to the US Large Cap segment. Themes Transatlantic Defense ETF (NATO) is part of the 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 up 16.6% year-to-date (YTD) with +$2.03B in YTD flows. NATO performs worse with 10.62% YTD performance, and +$40M 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.
SHLD vs NATO performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SHLD NATO | +6.27%+1.45% | +17.08%+13.43% | +16.60%+10.62% | +67.01%+50.56% | n/an/a | n/an/a |
| Flows | SHLD NATO | +$585M+$24M | +$2.17B+$40M | +$2.03B+$40M | +$5.42B+$83M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SHLD NATO | +25.63%+20.11% | +22.59%+18.82% | n/an/a | n/an/a |
| Max drawdown | SHLD NATO | -8.47%-6.51% | -14.65%-13.00% | n/an/a | n/an/a |
| Max drawdown duration | SHLD NATO | 51d30d | 91d40d | n/an/a | n/an/a |
SHLD | NATO | |
Last sale 3/12/2026 at 1:30 PM | $76.00 | $41.44 |
| Previous close 03/11/2026 | $75.64 | $42.27 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
SHLD | NATO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
SHLD | NATO | |
|---|---|---|
| Last price | $76.00 | $41.44 |
| 1D performance | +0.48% | -1.96% |
| AuM | $8.02 B | $105.36 M |
| E/R | 0.5% | 0.35% |
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 | 57 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 11, 2023 | October 10, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the SHLD and NATO ETFs performed in 2026?
As of March 11, 2026, SHLD is up 16.6% year-to-date (YTD), while NATO has returned 10.62%. That puts SHLD better performer ahead so far this year.
Which ETF is attracting more investor money: SHLD or NATO?
Year-to-date, the SHLD ETF saw +$2.03B in flows, compared to +$40M for NATO.
Which ETF is more volatile: SHLD or NATO?
Over the past year, SHLD had a volatility of 22.59%, while NATO experienced 18.82%.
Which ETF is bigger: SHLD or NATO?
As of March 11, 2026, SHLD holds $8.02 B in assets under management (AUM), while NATO manages $105.36 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, RAYTHEON TECHNOLOGIES CORPORD and RHEINMETALL. NATO holds in its top three: RAYTHEON TECHNOLOGIES CORPORD, BOEING U and GENERAL ELECTRIC.
Which ETF is more diversified: SHLD or NATO?
SHLD holds 47 securities with 76.68% of its assets in the top 15. NATO has 74 securities and a top 15 weight of 76.21%.
Entering A New Era of Defense Tech Spending
ETF Comparison: iShares U.S. Aerospace & Defense ETF (ITA) Versus Global X Defense Tech ETF (SHLD)
ETFs Reveal a Growing Gap in U.S. vs. EU Defense Stock Performance
Donald Trump vs Kamala Harris: ETFs to Watch
Donald Trump vs Kamala Harris: ETFs to Watch
Geopolitical Tensions Fuel Surge in Defense ETFs
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
