ETF comparison

SHLD vs XLI

Both Industrials.

Global X Defense Tech ETF · State Street Industrial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
13.0 %

7 positions appear in both funds. Buying equal dollars of SHLD and XLI would leave roughly 13.0% of each dollar exposed to the same underlying securities.

SHLD only 86.9% Shared 13.0% XLI only 86.8%
In SHLD only
42 positions
Shared
7 positions
In XLI only
73 positions

Side by side

SHLD

Global X Defense Tech ETF

Global X · Industrials

64 composite / 100
Expense ratio
0.50%
Net assets
$6.85B
TTM yield
0.70%
Top-10 conc.
59.8%
XLI

State Street Industrial Select Sector SPDR ETF

State Street · Industrials

87 composite / 100
Expense ratio
0.080%
Net assets
$33.96B
TTM yield
1.14%
Top-10 conc.
39.5%

Sub-score comparison

50
Cost
92
84
Tax efficiency
83
93
Liquidity
100
29
Concentration
58
Tracking quality
SHLD sub-score XLI

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XLI is 42 bps cheaper than SHLD. On a $100,000 position that's about $420/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 XLI.

Top shared holdings

7 shared in total
# Holding In SHLD In XLI Overlap
1 RTX CORPORATION 7.92% 5.13% 5.13%
2 LOCKHEED MARTIN CORPORATION 9.46% 2.42% 2.42%
3 Northrop Grumman Corporation 4.92% 1.80% 1.80%
4 GENERAL DYNAMICS CORPORATION 7.15% 1.72% 1.72%
5 L3HARRIS TECHNOLOGIES, INC. 4.91% 1.28% 1.28%
6 LEIDOS HOLDINGS, INC. 3.44% 0.39% 0.39%
7 HUNTINGTON INGALLS INDUSTRIES, INC. 2.67% 0.30% 0.30%

Only in SHLD

42 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%
  • ELBIT SYSTEMS LTD 3.17%
  • BWX TECHNOLOGIES, INC. 2.90%
  • KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 2.20%

Only in XLI

73 total
  • Caterpillar Inc 6.53%
  • General Electric Co 5.89%
  • GE Vernova Inc 4.66%
  • Boeing Co/The 3.09%
  • Uber Technologies Inc 2.93%
  • Union Pacific Corp 2.85%
  • Honeywell International Inc 2.84%
  • Deere & Co 2.81%
  • Eaton Corp PLC 2.75%
  • Parker-Hannifin Corp 2.24%

Open SHLD or XLI 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.