SHLD

Global X Defense Tech ETF

Global X's defense-tech fund, anchored in mission software and the defense primes.

Research reviewed
Oct 14, 2026
Mapped companies
12
Holdings as of
Oct 26, 2026

Fund summary

Strategy

Global X's defense-tech ETF — the Digital Sovereignty lens, with Palantir as the anchor mission-software position.

Stated focus

Digital Sovereignty mapped companies, as held by the SHLD issuer file.

Read full strategy

Global X Defense Tech ETF (SHLD) is a passively managed thematic fund issued by Global X, the ETF franchise of Mirae Asset Global Investments. It tracks the Global X Defense Tech Index, a modified market-cap-weighted benchmark of roughly the top 50 pure-play defense-technology companies worldwide, selected for exposure to increased government spending on defense and security. SHLD is the Digital Sovereignty lens, with Palantir as the anchor mission-software position among its mapped holdings. In the PXS map, SHLD expresses the defense-software and mission-technology layer of the Digital Sovereignty universe, distinct from ROKT's space-and-satcom tilt. Coverage is limited to direct, issuer-reported positions in already-mapped companies, not the complete portfolio, and this is a research map rather than a recommendation. SHLD is most useful for seeing where a defense-tech index concentrates across the mapped sovereign-technology companies. Its largest mapped positions are Palantir (13.2%), RTX (9.12%), Northrop Grumman (7.55%), and L3Harris (3.71%), anchoring the fund in mission software and the defense primes.

Top 10 holdings

As of Oct 26, 2026. Top holdings by weight among U.S.-listed issuers (stockanalysis.com); non-U.S.-listed positions may be omitted. Portfolio weights are not ownership percentages of the companies.

#CompanyTickerPortfolio weight
1Palantir Technologies Inc. MappedPLTR12.02%
2Lockheed Martin Corporation MappedLMT9.27%
3RTX Corporation MappedRTX9.23%
4General Dynamics Corporation MappedGD8.57%
5Northrop Grumman Corporation MappedNOC8.34%
6BAE Systems plcLON:BA4.54%
7L3Harris Technologies, Inc. MappedLHX3.84%
8Rheinmetall AGETR:RHM3.76%
9Saab AB (publ)STO:SAAB.B3.67%
10Thales S.A.EPA:HO3.53%

Holdings changes

Known positions in mapped companies

CompanyRelationshipPortfolio weightAs ofEvidence
Parsons CorporationReported holding0.78%Oct 26, 2026Source
LOCKHEED MARTIN CORPReported holding9.27%Oct 26, 2026Source
GENERAL DYNAMICS CORPReported holding8.57%Oct 26, 2026Source
RTX Corp (Raytheon Technologies)Reported holding9.23%Oct 26, 2026Source
Palantir TechnologiesReported holding12.02%Oct 26, 2026Source
Northrop Grumman CorporationReported holding8.34%Oct 26, 2026Source
Moog IncReported holding1.47%Oct 26, 2026Source
Leidos Holdings, Inc.Reported holding2.60%Oct 26, 2026Source
L3Harris Technologies, Inc.Reported holding3.84%Oct 26, 2026Source
Kratos DefenseReported holding1.10%Oct 26, 2026Source
BWX TechnologiesReported holding1.80%Oct 26, 2026Source
AeroVironment, Inc.Reported holding0.80%Oct 14, 2026Source

Derived exposure

Counts cover distinct mapped companies only. They are not an allocation and do not describe the full portfolio.

Universes

Layers

Timeline

  1. Sep 11, 2023

    Global X Defense Tech ETF begins operations

    Source

Start here

  • Top mapped weights: PLTR 13.2%, RTX 9.12%, NOC 7.55%, LHX 3.71%.
Official portfolio / fund page

Open questions

  • How does this fund's active/passive weighting compare to peers in the same universe layer?

Sources

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