FITE vs. SHLD ETF Comparison
Comparison of SPDR S&P Kensho Future Security ETF (FITE) to Global X Defense Tech ETF (SHLD)
FITE
SPDR S&P Kensho Future Security ETF
FITE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$67.40
Average Daily Volume
4,145
60
SHLD
Global X Defense Tech ETF
SHLD Description
The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.Grade (RS Rating)
Last Trade
$39.41
Average Daily Volume
286,373
17
Performance
| Period | FITE | SHLD |
|---|---|---|
| 30 Days | 6.73% | 2.05% |
| 60 Days | 11.49% | 6.57% |
| 90 Days | 10.84% | 7.65% |
| 12 Months | 34.85% | 45.69% |
13 Overlapping Holdings
| Symbol | Grade | Weight in FITE | Weight in SHLD | Overlap | |
|---|---|---|---|---|---|
| AVAV | C | 1.44% | 2.02% | 1.44% | |
| GD | D | 1.2% | 6.94% | 1.2% | |
| HII | F | 0.94% | 2.66% | 0.94% | |
| KTOS | B | 1.94% | 1.35% | 1.35% | |
| LDOS | C | 1.92% | 4.86% | 1.92% | |
| LHX | C | 1.71% | 4.35% | 1.71% | |
| LMT | D | 1.74% | 7.91% | 1.74% | |
| MOG.A | B | 1.88% | 2.07% | 1.88% | |
| MRCY | C | 1.61% | 0.8% | 0.8% | |
| NOC | D | 1.75% | 7.31% | 1.75% | |
| OSIS | A | 1.57% | 0.81% | 0.81% | |
| PSN | D | 2.08% | 3.92% | 2.08% | |
| RTX | D | 1.67% | 7.85% | 1.67% |
FITE Overweight 47 Positions Relative to SHLD
| Symbol | Grade | Weight | |
|---|---|---|---|
| RKLB | A | 5.8% | |
| FTNT | C | 2.32% | |
| S | B | 2.19% | |
| FFIV | B | 2.1% | |
| CSCO | B | 1.86% | |
| PANW | B | 1.8% | |
| OII | B | 1.8% | |
| NET | B | 1.79% | |
| VRNS | D | 1.79% | |
| TDY | B | 1.76% | |
| NTCT | C | 1.75% | |
| HEI | A | 1.74% | |
| ATEN | A | 1.68% | |
| CYBR | A | 1.67% | |
| AVGO | D | 1.66% | |
| MIR | A | 1.66% | |
| COHR | B | 1.64% | |
| ZS | B | 1.6% | |
| CHKP | C | 1.6% | |
| OSPN | A | 1.58% | |
| RDWR | B | 1.56% | |
| DDOG | A | 1.55% | |
| RPD | B | 1.55% | |
| JNPR | D | 1.54% | |
| QLYS | B | 1.54% | |
| IRDM | D | 1.51% | |
| ERJ | A | 1.49% | |
| ZD | B | 1.49% | |
| AKAM | D | 1.44% | |
| TENB | C | 1.44% | |
| CACI | D | 1.43% | |
| HXL | F | 1.36% | |
| SANM | B | 1.31% | |
| CRWD | B | 1.28% | |
| OKTA | C | 1.26% | |
| DCO | C | 1.22% | |
| KBR | F | 1.22% | |
| BRKR | D | 1.21% | |
| APH | A | 1.18% | |
| TXT | D | 1.14% | |
| BA | F | 1.1% | |
| NABL | F | 1.09% | |
| VREX | B | 1.01% | |
| MVIS | F | 0.84% | |
| PL | B | 0.83% | |
| VSAT | F | 0.8% | |
| MASS | F | 0.12% |
FITE: Top Represented Industries & Keywords
SHLD: Top Represented Industries & Keywords
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