The Global X – Defense Tech ETF (SHLD 3.44%) offers lower costs, while the Invesco Aerospace & Defense ETF (PPA 2.81%) provides a deeper track record and higher recent total returns.
Both ETFs provide targeted exposure to the defense and aerospace industries, serving as defensive plays or thematic growth vehicles. While the Global X fund captures newer defense technology trends, the Invesco fund focuses on established U.S. homeland security and aerospace operations. This comparison weighs cost against performance history.
Snapshot (cost & size)
MetricSHLDPPAIssuerGlobal XInvescoExpense ratio0.5%0.58%1-yr return (as of May 27, 2026)15.8%32.1%Dividend yield0.5%0.4%Beta0.190.72AUM$7.7B$8.2B
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the…
