Data as of .
SHLD vs XT: which is really different?
XT holds 64.0% of its weight in S&P 500 companies and SHLD 40.5%.
ETFIQ Off-Index Score: SHLD scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 371 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, SHLD and XT hold 1% of their money in the same securities at the same weight.
| Holding | SHLD | XT |
|---|---|---|
| NORTHROP GRUMMAN CORP | 7.86% | 0.73% |
| PALANTIR TECHNOLOGIES INC-A | 10.28% | 0.44% |
| Only in SHLD | Only in XT |
|---|---|
| RTX CORPORATION 9.40% | MICROSOFT 4.21% |
| GENERAL DYNAMICS CORP 8.73% | NVIDIA 4.18% |
| LOCKHEED MARTIN CORP 8.26% | ELI LILLY 3.90% |
| BAE SYSTEMS PLC 4.54% | TESLA INC 3.55% |
| HANWHA AEROSPACE CO LTD 4.04% | TEXAS INSTRUMENT INC 3.55% |
| RHEINMETALL AG 3.82% | JOHNSON & JOHNSON 3.48% |
| L3HARRIS TECHNOLOGIES INC 3.72% | ANALOG DEVICES 2.88% |
| THALES SA 3.67% | AMAZON.COM INC 2.87% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026 and Sep 11, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SHLD | XT | SHLD | XT | SHLD | XT | |
| 3 months | −2.9% | +0.7% | −6.2 pts | −2.6 pts | −2.1 pts | +1.5 pts |
| 6 months | −18.1% | +18.0% | −34.1 pts | +2.0 pts | −38.8 pts | −2.7 pts |
| 1 year | −4.8% | +25.7% | −22.4 pts | +8.2 pts | −27.8 pts | +2.8 pts |
| 3 years | not published | +63.3% | not published | −14.6 pts | not published | −31.8 pts |
| Since launch | +153.8% | +279.7% | +76.2 pts | −61.9 pts | +59.5 pts | −340.9 pts |
| SHLD Global X Defense Tech ETF Holds 52 stocks in defense, 40% of its weight in S&P 500 companies | XT iShares Future Exponential Technologies ETF Holds 192 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | iShares |
| Theme | Defense | Broad innovation and megatrends |
| In the S&P 500 | 40.5% | 64.0% |
| Active share vs the S&P 500 | 99.1% | 67.4% |
| In the Nasdaq-100 | 0.0% | 38.8% |
| Holdings | 52 | 192 |
| Top ten, share of the fund | 64.3% | 33.8% |
| Expense ratio | 0.50% | 0.46% |
| Fee for the differing part | 0.50% | 0.68% |
| Total return, 1 year | −4.8% | +25.7% |
| vs the S&P 500 | −22.4 pts | +8.2 pts |
| vs the Nasdaq-100 | −27.8 pts | +2.8 pts |
| Below its high | −20.6% | −3.2% |
SHLD in plain words
By weight, 40% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 64% of the fund across 52 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned −4.8% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 22.4 pts. It sits 20.6% below its all-time high of Mar 9, 2026.
XT in plain words
By weight, 64% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 34% of the fund across 192 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +25.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 8.2 pts.
Questions people ask
- Which is more different from the S&P 500, SHLD or XT?
- SHLD has 40% of its weight in S&P 500 names and XT has 64%, so SHLD differs more from the index.
- Which is cheaper, SHLD or XT?
- SHLD charges 0.50% a year and XT charges 0.46%, so XT is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SHLD against XT, data as of Sep 11, 2026. https://etfiq.com/compare/themes/shld-vs-xt Free to use with attribution; the underlying files are at Open data.