XLIvsSHLDETF Comparison
VS
ETF 2
SHLD
Global X Defense Tech ETF
State Street Industrial Select Sector SPDR ETF (XLI) belongs to the US Industrials segment. Global X Defense Tech ETF (SHLD) is part of the segment. XLI's top 3 sector exposures are Industrials, Business Services and Non-Energy Materials. In contrast, SHLD's top sector exposures are Industrials, Business Services and Technology. XLI is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.5% for SHLD. XLI is up 15.59% year-to-date (YTD) with +$2.96B in YTD flows. SHLD performs worse with -3.37% YTD performance, and +$2.53B in YTD flows. Run a side-by-side ETF comparison of XLI and SHLD 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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XLI vs SHLD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XLI SHLD | -3.77%+4.57% | +2.40%-7.58% | +15.59%-3.37% | +18.83%+2.73% | +68.58%n/a | +86.03%n/a |
| Flows | XLI SHLD | +$294M-$263M | +$1.58B-$453M | +$2.96B+$2.53B | +$4.93B+$4.19B | +$6.06B- | +$2.16B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XLI SHLD | +19.56%+25.89% | +16.95%+23.25% | +16.69%n/a | +17.65%n/a |
| Max drawdown | XLI SHLD | -4.83%-14.54% | -12.21%-24.78% | -18.43%n/a | -21.70%n/a |
| Max drawdown duration | XLI SHLD | 24d87d | 102d192d | 165dn/a | 526dn/a |
Trading data
XLI | SHLD | |
Last sale 7/31/2026 at 1:30 PM | $179.84 | $63.25 |
| Previous close 07/30/2026 | $178.39 | $62.77 |
| Consolidated volume 07/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
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XLI | SHLD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 7/31/2026 at 1:30 PM
Live
Closed
XLI | SHLD | |
|---|---|---|
| Last price | $179.84 | $63.25 |
| 1D performance | +0.81% | +0.76% |
| AuM | $32.43 B | $6.94 B |
| E/R | 0.08% | 0.5% |
Characteristics
XLI | SHLD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | Global X |
| Benchmark | S&P Industrial Select Sector Index | Global X Defense Tech Index |
| N° of holdings | 79 | 47 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 16, 1998 | September 11, 2023 |
| ESG | No | No |
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Exposure
Countries
XLI
USA
90.11%
Other
9.89%
SHLD
USA
63.63%
Other
36.37%
Sectors
XLI
Industrials
87.47%
Other
12.53%
SHLD
Industrials
88.59%
Business Services
7.48%
Other
3.93%
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Diversification
XLI
Total weight of top 15 holdings out of 15
50.74%
SHLD
Total weight of top 15 holdings out of 15
76.86%
Top 15 holdings
Data as of June 30, 2026
XLI
Caterpillar, Inc.
8.48%
GE Aerospace
6.74%
GE Vernova, Inc.
5.46%
RTX Corp.
4.42%
The Boeing Co.
2.95%
Eaton Corp. Plc
2.86%
Union Pacific Corp.
2.79%
Deere & Co.
2.75%
Uber Technologies, Inc.
2.54%
Vertiv Holdings Co.
2.22%
Parker-Hannifin Corp.
2.13%
Trane Technologies Plc
1.88%
Quanta Services, Inc.
1.87%
Howmet Aerospace, Inc.
1.86%
Lockheed Martin Corp.
1.79%
SHLD
RTX Corp.
9.36%
General Dynamics Corp.
8.97%
Lockheed Martin Corp.
8.32%
Northrop Grumman Corp.
7.90%
Palantir Technologies, Inc.
7.48%
L3Harris Technologies, Inc.
4.61%
BAE Systems Plc
4.45%
Rheinmetall AG
3.88%
Thales SA
3.69%
HANWHA AEROSPACE Co., Ltd.
3.49%
Leonardo SpA
3.45%
Elbit Systems Ltd.
3.28%
Saab AB
3.10%
BWX Technologies, Inc.
2.82%
Leidos Holdings, Inc.
2.05%
Frequently asked questions about XLI and SHLD
How have the XLI and SHLD ETFs performed in 2026?
As of July 30, 2026, XLI is up 15.59% year-to-date (YTD), while SHLD has lost -3.37%. That puts XLI better performer ahead so far this year.
Which ETF is attracting more investor money: XLI or SHLD?
Year-to-date, the XLI ETF saw +$2.96B in flows, compared to +$2.53B for SHLD.
Which ETF is more volatile: XLI or SHLD?
Over the past year, XLI had a volatility of 16.95%, while SHLD experienced 23.25%.
Which ETF is bigger: XLI or SHLD?
As of July 30, 2026, XLI holds $32.43 B in assets under management (AUM), while SHLD manages $6.94 B.
What sectors do the XLI and SHLD ETFs invest in?
XLI leans toward sectors like Industrials. Meanwhile, SHLD focuses on Industrials and Business Services.
What are the top holdings of the XLI ETF and SHLD ETF?
XLI top holdings include Caterpillar, Inc., GE Aerospace and GE Vernova, Inc.. SHLD holds in its top three: RTX Corp., General Dynamics Corp. and Lockheed Martin Corp..
Which ETF is more diversified: XLI or SHLD?
XLI holds 81 securities with 50.74% of its assets in the top 15. SHLD has 47 securities and a top 15 weight of 76.86%.
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Latest news about XLI & SHLD
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