FOWF vs SHLD
Pacer Solactive Whitney Future of Warfare ETF against Global X Defense Tech ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
32%
7 shared positions
Fee gap
1 bp
FOWF is cheaper
1-year return gap
22.6 pts
FOWF is ahead
Larger fund
SHLD
$6.4B
Side by side
| FOWF | SHLD | |
|---|---|---|
| Fund | Pacer Solactive Whitney Future of Warfare ETF | Global X Defense Tech ETF |
| Issuer | Pacer | Global X |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.49% | 0.50% |
| Assets | $14M | $6.4B |
| Average daily dollar volume | $49K | $87M |
| Listed | Dec 17, 2024 | Sep 11, 2023 |
| FrenzyCap score | 36 | 70 |
| 1-month return | −0.5% | −3.1% |
| 3-month return | −0.0% | −1.0% |
| Year to date | +9.0% | −7.6% |
| 1-year return | +6.3% | −16.3% |
| 30-day volatility | 11.9% | 14.5% |
| Worst drawdown, 1 year | −10.6% | −25.4% |
| Trailing 12-month yield | 0.77% | 0.71% |
| Holdings | 87 | 58 |
| Top 10 weight | 46.8% | 60.2% |
| Look-through P/E | 23.9 | 28.3 |
| Holdings vs fair value | +14.6% | +9.9% |
| Holdings above 200-day average | 27% | 21% |
| Net flow, latest 3 reported months | −$2K thru Jul 2026 | +$1.3B thru May 2026 |
| 30-day implied volatility | — | 23.3% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of Oct 9, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
32% of FOWF · 53% of SHLD
Sector mix of the stock holdings
| Sector | FOWF | SHLD | Gap |
|---|---|---|---|
| Industrials | 44.4% | 44.2% | +0.2% |
| Technology | 25.3% | 18.8% | +6.5% |
| Communication Services | 2.8% | 0.0% | +2.8% |
| Consumer Discretionary | 2.0% | 0.0% | +2.0% |
| Materials | 1.9% | 0.0% | +1.9% |
More: full overlap table · FOWF holdings · SHLD holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.