IDEF vs SHLD
BlackRock ETF Trust iShares Defense Industrials and Tech Active ETF against Global X Defense Tech ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
43%
40 shared positions
Fee gap
5 bp
SHLD is cheaper
1-year return gap
3.3 pts
IDEF is ahead
Larger fund
SHLD
$8.0B
Side by side
| IDEF | SHLD | |
|---|---|---|
| Fund | BlackRock ETF Trust iShares Defense Industrials and Tech Active ETF | Global X Defense Tech ETF |
| Issuer | iShares | Global X |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.55% | 0.50% |
| Assets | $3.6B | $8.0B |
| Average daily dollar volume | $59M | $91M |
| Listed | May 19, 2025 | Sep 11, 2023 |
| FrenzyCap score | 73 | 73 |
| 1-month return | −6.1% | −2.9% |
| 3-month return | −3.9% | +1.0% |
| Year to date | −1.9% | −5.3% |
| 1-year return | −2.4% | −5.7% |
| 30-day volatility | 13.7% | 13.9% |
| Worst drawdown, 1 year | −17.8% | −25.4% |
| Trailing 12-month yield | 0.35% | 0.69% |
| Holdings | 184 | 56 |
| Top 10 weight | 36.8% | 66.2% |
| Look-through P/E | 38.6 | 28.4 |
| Holdings vs fair value | +10.4% | +10.1% |
| Holdings above 200-day average | 27% | 21% |
| Net flow, latest 3 reported months | — | +$1.3B thru May 2026 |
| 30-day implied volatility | — | 25.5% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Oct 20, 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
45% of IDEF · 98% of SHLD| Holding | IDEF | SHLD |
|---|---|---|
| RTX | 6.96% | 9.24% |
| LMT | 4.63% | 8.70% |
| GD | 4.00% | 8.49% |
| NOC | 3.64% | 8.14% |
| PLTR | 2.96% | 11.90% |
| THALES SA | 2.14% | 3.63% |
| SAAB CLASS B | 1.83% | 3.74% |
| LEONARDO FINMECCANICA SPA | 1.57% | 3.47% |
| HANWHA AEROSPACE LTD | 1.24% | 3.04% |
| ESLT | 1.14% | 3.26% |
| RHEINMETALL AG | 1.03% | 3.95% |
| BAE SYSTEMS PLC | 0.86% | 4.63% |
| KOREA AEROSPACE INDUSTRIES | 0.89% | 0.85% |
| KONGSBERG GRUPPEN | 0.78% | 2.10% |
| LHX | 0.66% | 3.79% |
| HANWHA SYSTEMS LTD | 1.18% | 0.62% |
| DASSAULT AVIATION SA | 0.59% | 0.90% |
| BABCOCK INTERNATIONAL GROUP PLC | 0.55% | 0.92% |
| LDOS | 0.54% | 2.49% |
| MRCY | 0.51% | 0.69% |
| PSN | 0.50% | 0.74% |
| KTOS | 0.49% | 1.13% |
| HENSOLDT AG | 0.46% | 0.93% |
| AVAV | 0.45% | 0.70% |
| KRMN | 0.42% | 0.51% |
Sector mix of the stock holdings
| Sector | IDEF | SHLD | Gap |
|---|---|---|---|
| Industrials | 40.2% | 46.8% | −6.6% |
| Technology | 19.3% | 17.2% | +2.1% |
| Materials | 2.9% | 0.0% | +2.9% |
| Consumer Discretionary | 1.2% | 0.0% | +1.2% |
| Communication Services | 0.6% | 0.0% | +0.6% |
| Energy | 0.2% | 0.0% | +0.2% |
| Utilities | 0.0% | 0.0% | +0.0% |
More: full overlap table · IDEF 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.