Which Defense ETF Is the Better Investment: Global X's SHLD or iShares' ITA?
Compare sector focus, fund age, and portfolio composition to see how these two defense ETFs take different paths to growth.
Which Defense ETF Is the Better Investment: Global X's SHLD or iShares' ITA?
Overview
iShares U.S. Aerospace & Defense ETF (NYSEMKT:ITA) offers a lower cost profile and stronger recent momentum, while Global X Defense Tech ETF (NYSEMKT:SHLD) provides a more diversified sector mix, including technology.
Both funds target the defense sector, yet they take distinct approaches to security selection. While ITA focuses on established U.S. aerospace and defense players, SHLD incorporates a technology tilt to capture the evolving landscape of modern defense systems and cybersecurity within the broader industrial complex.
Details
Beta measures price volatility relative to the S&P 500; it is calculated from monthly returns over one year. The one-year return represents total return over the trailing 12 months. Dividend yield is the trailing 12-month distribution yield.
Source
Originally published at www.fool.com.
