Key stats
About Global X Defence Tech Index ETF Trust Units A
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Inception date
Apr 30, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA3799561053
The fund targets defence technology companies worldwide that provide the products and services necessary for governmental organization's threat preparedness and response. The investment thesis is based on governments becoming increasingly reliant on advanced military systems requiring specialized hardware, sensors, and other networking solutions. Selection begins by focusing on pure-play companies whose revenue comes from FactSet-identified defence tech sub-themes. This includes cybersecurity, artificial intelligence, big data, augmented reality, advanced military systems, as well as hardware like robotics, fuel systems, and aircraft. Firms tied to non-military firearms and commercial aircraft manufacturing are not considered. The top 50 securities are selected and weighted by market-cap with individual security weights capped at 8%. Index reconstitution and rebalancing is done on a semi-annual basis.
Related funds
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SHLD trades at 24.80 CAD today, its price has fallen −1.35% in the past 24 hours. Track more dynamics on SHLD price chart.
SHLD net asset value is 24.81 today — it's fallen 5.22% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SHLD assets under management is 140.07 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SHLD fund flows account for 136.88 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, SHLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SHLD doesn't pay dividends to its holders.
SHLD trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SHLD shares are issued by Mirae Asset Global Investments Co., Ltd.
SHLD follows the Global X Defence Tech CAD Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 30, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.