SHLD vs. PPA ETF Comparison
Comparison of Global X Defense Tech ETF (SHLD) to PowerShares Aerospace & Defense (PPA)
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
$39.75
Average Daily Volume
288,959
17
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$121.04
Average Daily Volume
186,719
48
Performance
| Period | SHLD | PPA |
|---|---|---|
| 30 Days | 3.70% | 3.31% |
| 60 Days | 7.43% | 5.63% |
| 90 Days | 8.58% | 8.65% |
| 12 Months | 46.95% | 39.76% |
15 Overlapping Holdings
| Symbol | Grade | Weight in SHLD | Weight in PPA | Overlap | |
|---|---|---|---|---|---|
| AVAV | D | 2.02% | 0.84% | 0.84% | |
| BWXT | B | 4.01% | 1.36% | 1.36% | |
| GD | F | 6.94% | 4.93% | 4.93% | |
| HII | D | 2.66% | 1.07% | 1.07% | |
| KTOS | B | 1.35% | 0.56% | 0.56% | |
| LDOS | C | 4.86% | 2.05% | 2.05% | |
| LHX | C | 4.35% | 4.07% | 4.07% | |
| LMT | D | 7.91% | 6.64% | 6.64% | |
| MOG.A | B | 2.07% | 0.66% | 0.66% | |
| MRCY | B | 0.8% | 0.35% | 0.35% | |
| NOC | D | 7.31% | 5.36% | 5.36% | |
| OSIS | B | 0.81% | 0.27% | 0.27% | |
| PLTR | B | 10.38% | 2.72% | 2.72% | |
| PSN | D | 3.92% | 0.61% | 0.61% | |
| RTX | C | 7.85% | 7.09% | 7.09% |
SHLD Underweight 33 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| GE | D | -6.71% | |
| BA | F | -6.23% | |
| HON | B | -4.88% | |
| HWM | A | -4.44% | |
| AXON | A | -4.43% | |
| PH | A | -4.28% | |
| TDG | D | -3.35% | |
| ETN | A | -3.16% | |
| BAH | F | -1.92% | |
| APH | A | -1.91% | |
| HEI | B | -1.83% | |
| TXT | D | -1.74% | |
| CW | B | -1.37% | |
| CACI | D | -1.26% | |
| WWD | B | -0.92% | |
| TDY | B | -0.91% | |
| KBR | F | -0.88% | |
| ATI | D | -0.81% | |
| SAIC | F | -0.71% | |
| HXL | D | -0.66% | |
| KEYS | A | -0.62% | |
| RKLB | B | -0.56% | |
| SPR | D | -0.51% | |
| AIR | B | -0.35% | |
| OSK | B | -0.29% | |
| TGI | B | -0.2% | |
| B | B | -0.19% | |
| IRDM | D | -0.17% | |
| CDRE | D | -0.16% | |
| TTMI | B | -0.16% | |
| DCO | C | -0.14% | |
| AI | B | -0.13% | |
| VSAT | F | -0.1% |
SHLD: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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