SHLD vs WDEF
Global X Defense Tech ETF against WisdomTree Europe Defense Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
25%
14 shared positions
Fee gap
5 bp
WDEF is cheaper
1-year return gap
0.4 pts
SHLD is ahead
Larger fund
SHLD
$8.0B
Side by side
| SHLD | WDEF | |
|---|---|---|
| Fund | Global X Defense Tech ETF | WisdomTree Europe Defense Fund |
| Issuer | Global X | WisdomTree |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.50% | 0.45% |
| Assets | $8.0B | $88M |
| Average daily dollar volume | $93M | $505K |
| Listed | Sep 11, 2023 | Jul 15, 2025 |
| FrenzyCap score | 73 | 44 |
| 1-month return | −1.0% | −3.0% |
| 3-month return | −1.8% | −2.0% |
| Year to date | −4.9% | −2.5% |
| 1-year return | −8.3% | −8.6% |
| 30-day volatility | 13.3% | 19.9% |
| Worst drawdown, 1 year | −25.4% | −23.9% |
| Trailing 12-month yield | 0.69% | 0.07% |
| Holdings | 56 | 44 |
| Top 10 weight | 66.3% | 63.3% |
| Look-through P/E | 28.7 | — |
| Holdings vs fair value | +6.5% | — |
| Holdings above 200-day average | 22% | — |
| Net flow, latest 3 reported months | +$1.3B thru May 2026 | +$14M thru Jun 2026 |
| 30-day implied volatility | 26.1% | — |
| Holdings as of | as of Oct 21, 2026issuer data | as of Jun 30, 2026SEC filing |
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
25% of SHLD · 62% of WDEF| Holding | SHLD | WDEF |
|---|---|---|
| BAE SYSTEMS PLC | 4.54% | 10.11% |
| RHEINMETALL AG | 3.80% | 8.62% |
| SAAB AB-B | 3.73% | 4.78% |
| THALES SA | 3.61% | 10.04% |
| LEONARDO SPA | 3.38% | 4.74% |
| KONGSBERG GRUPPEN ASA | 2.12% | 4.56% |
| BABCOCK INTL GROUP PLC | 0.91% | 3.07% |
| HENSOLDT AG | 0.90% | 4.09% |
| DASSAULT AVIATION SA | 0.90% | 4.10% |
| CSG NV | 0.37% | 1.24% |
| QINETIQ GROUP PLC | 0.37% | 1.39% |
| TKMS AG& CO KGAA | 0.37% | 2.93% |
| CHEMRING GROUP PLC | 0.29% | 0.87% |
| EXAIL TECHNOLOGIES | 0.19% | 1.32% |
Sector mix of the stock holdings
| Sector | SHLD | WDEF | Gap |
|---|---|---|---|
| Industrials | 46.6% | 0.0% | +46.6% |
| Technology | 17.7% | 0.0% | +17.7% |
More: full overlap table · SHLD holdings · WDEF 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.