ETF comparison
SHLD vs XAR
Both Industrials.
Global X Defense Tech ETF · State Street SPDR S&P Aerospace & Defense ETF
Holdings overlap
14 positions appear in both funds. Buying equal dollars of SHLD and XAR would leave roughly 28.5% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
XAR is 15 bps cheaper than SHLD. On a $100,000 position that's about $150/yr more in fees for SHLD.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SHLD vs XAR.
Top shared holdings
14 shared in total| # | Holding | In SHLD | In XAR | Overlap |
|---|---|---|---|---|
| 1 | GENERAL DYNAMICS CORPORATION | 7.15% | 3.21% | 3.21% |
| 2 | L3HARRIS TECHNOLOGIES, INC. | 4.91% | 3.14% | 3.14% |
| 3 | RTX CORPORATION | 7.92% | 3.08% | 3.08% |
| 4 | LOCKHEED MARTIN CORPORATION | 9.46% | 3.08% | 3.08% |
| 5 | Northrop Grumman Corporation | 4.92% | 3.08% | 3.08% |
| 6 | BWX TECHNOLOGIES, INC. | 2.90% | 3.46% | 2.90% |
| 7 | HUNTINGTON INGALLS INDUSTRIES, INC. | 2.67% | 3.04% | 2.67% |
| 8 | KRATOS DEFENSE & SECURITY SOLUTIONS, INC. | 2.20% | 2.63% | 2.20% |
| 9 | AEROVIRONMENT, INC. | 1.45% | 2.92% | 1.45% |
| 10 | MOOG INC. | 1.45% | 2.84% | 1.45% |
| 11 | KARMAN HOLDINGS INC. | 1.15% | 2.53% | 1.15% |
| 12 | MERCURY SYSTEMS, INC. | 0.81% | 2.18% | 0.81% |
Only in SHLD
35 total- Rheinmetall Aktiengesellschaft 6.78%
- PALANTIR TECHNOLOGIES INC. 5.60%
- BAE SYSTEMS PLC 4.60%
- HANWHA AEROSPACE CO., LTD. 4.24%
- THALES SA 4.17%
- LEONARDO - SOCIETA PER AZIONI 4.15%
- SAAB Aktiebolag 4.06%
- LEIDOS HOLDINGS, INC. 3.44%
- ELBIT SYSTEMS LTD 3.17%
- KOREA AEROSPACE INDUSTRIES, LTD. 1.45%
Only in XAR
28 total- Curtiss-Wright Corp 3.26%
- Carpenter Technology Corp 3.20%
- Hexcel Corp 3.17%
- FTAI Aviation Ltd 3.12%
- Textron Inc 3.11%
- Boeing Co/The 3.08%
- Woodward Inc 3.07%
- ATI Inc 3.06%
- TransDigm Group Inc 3.05%
- Howmet Aerospace Inc 3.04%
Open SHLD or XAR at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.