ETF comparison

SHLD vs XAR

Both Industrials.

Global X Defense Tech ETF · State Street SPDR S&P Aerospace & Defense ETF

Holdings overlap

Weighted by ISIN/CUSIP
28.5 %

14 positions appear in both funds. Buying equal dollars of SHLD and XAR would leave roughly 28.5% of each dollar exposed to the same underlying securities.

SHLD only 71.4% Shared 28.5% XAR only 71.5%
In SHLD only
35 positions
Shared
14 positions
In XAR only
28 positions

Side by side

SHLD

Global X Defense Tech ETF

Global X · Industrials

64 composite / 100
Expense ratio
0.50%
Net assets
$6.85B
TTM yield
0.70%
Top-10 conc.
59.8%
XAR

State Street SPDR S&P Aerospace & Defense ETF

State Street · Industrials

76 composite / 100
Expense ratio
0.35%
Net assets
$6.47B
TTM yield
0.30%
Top-10 conc.
31.8%

Sub-score comparison

50
Cost
65
84
Tax efficiency
85
93
Liquidity
92
29
Concentration
69
Tracking quality
SHLD sub-score XAR

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XAR is 15 bps cheaper than SHLD. On a $100,000 position that's about $150/yr more in fees for SHLD.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SHLD vs XAR.

Top shared holdings

14 shared in total
# Holding In SHLD In XAR Overlap
1 GENERAL DYNAMICS CORPORATION 7.15% 3.21% 3.21%
2 L3HARRIS TECHNOLOGIES, INC. 4.91% 3.14% 3.14%
3 RTX CORPORATION 7.92% 3.08% 3.08%
4 LOCKHEED MARTIN CORPORATION 9.46% 3.08% 3.08%
5 Northrop Grumman Corporation 4.92% 3.08% 3.08%
6 BWX TECHNOLOGIES, INC. 2.90% 3.46% 2.90%
7 HUNTINGTON INGALLS INDUSTRIES, INC. 2.67% 3.04% 2.67%
8 KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 2.20% 2.63% 2.20%
9 AEROVIRONMENT, INC. 1.45% 2.92% 1.45%
10 MOOG INC. 1.45% 2.84% 1.45%
11 KARMAN HOLDINGS INC. 1.15% 2.53% 1.15%
12 MERCURY SYSTEMS, INC. 0.81% 2.18% 0.81%

Only in SHLD

35 total
  • Rheinmetall Aktiengesellschaft 6.78%
  • PALANTIR TECHNOLOGIES INC. 5.60%
  • BAE SYSTEMS PLC 4.60%
  • HANWHA AEROSPACE CO., LTD. 4.24%
  • THALES SA 4.17%
  • LEONARDO - SOCIETA PER AZIONI 4.15%
  • SAAB Aktiebolag 4.06%
  • LEIDOS HOLDINGS, INC. 3.44%
  • ELBIT SYSTEMS LTD 3.17%
  • KOREA AEROSPACE INDUSTRIES, LTD. 1.45%

Only in XAR

28 total
  • Curtiss-Wright Corp 3.26%
  • Carpenter Technology Corp 3.20%
  • Hexcel Corp 3.17%
  • FTAI Aviation Ltd 3.12%
  • Textron Inc 3.11%
  • Boeing Co/The 3.08%
  • Woodward Inc 3.07%
  • ATI Inc 3.06%
  • TransDigm Group Inc 3.05%
  • Howmet Aerospace Inc 3.04%

Open SHLD or XAR at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.