VS
When evaluating costs, MTRX features a management fee (MER) of 0.49%, compared to 0.49% for SHLD. Performance-wise, MTRX has returned 11.77% year-to-date with +$50 M in net flows, whereas SHLD is at 2.28% with +$84 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
MTRX
SHLD
| AuM | $57.23 M | $212.22 M |
| Management Fees | 0.49% | 0.49% |
| Exp. ratio | 0.60% | 0.49% |
| Tracking Difference | -0.95% | -0.82% |
Historical performance and flows
As of October 23, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTRX | -15.40% | -13.47% | +11.77% | +12.66% | - |
SHLD | -1.33% | -1.93% | -2.28% | -8.59% | - | |
| Flows | MTRX | +$4 M | +$7 M | +$50 M | +$53 M | - |
SHLD | -$4 M | -$8 M | +$84 M | +$100 M | - |
MTRX vs SHLD exposure
Countries
MTRX
USA
41.26%
Canada
15.00%
Ireland
9.73%
Other
34.01%
SHLD
Exposure data will be available soon
Sectors
MTRX
Industrials
35.77%
Non-Energy Materials
26.14%
Technology
22.16%
Energy
10.50%
SHLD
Exposure data will be available soon
As of October 23, 2026
Top 10 Holdings
MTRX
Arista Networks, Inc.
6.04%
Freeport-McMoRan, Inc.
5.78%
Southern Copper Corp.
5.74%
Antofagasta Plc
5.54%
Schneider Electric SE
5.34%
Amphenol Corp.
5.04%
Teck Resources Limited
5.00%
Cameco Corp.
4.86%
ABB Ltd.
4.75%
Delta Electronics, Inc.
4.46%
SHLD
Exposure data will be available soon
Diversification
MTRX
Total weight of top 10 holdings out of 30 total
52.56%
SHLD
Exposure data will be available soon
Characteristics
Compare
MTRX
SHLD
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset AI Infrastructure Index - CAD | Global X Defense Tech Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.03% | 0.18% |
| Meets ESG criteria | No | No |
| Inception Date | February 20, 2025 | April 30, 2025 |
Frequently asked questions about MTRX and SHLD
Which ETF has performed better year to date: MTRX or SHLD?
As of October 23, 2026, MTRX has returned 11.77% year to date, while SHLD has returned -2.28%. MTRX is ahead on YTD performance.
Which ETF is larger by assets under management: MTRX or SHLD?
As of October 23, 2026, MTRX manages $57.23 M in assets, while SHLD manages $212.22 M. SHLD is the larger fund by AUM.
How are MTRX and SHLD managed?
MTRX is passively managed by Global X. It tracks the Mirae Asset AI Infrastructure Index - CAD benchmark. SHLD is passively managed by Global X. It tracks the Global X Defense Tech Index - CAD benchmark.
Which ETF is attracting more investor flows: MTRX or SHLD?
Year to date, MTRX has seen +$50.47 M in net flows, compared with +$84.27 M for SHLD. SHLD has attracted more net investor money so far.
How do the fees of MTRX and SHLD compare?
MTRX has an expense ratio of 0.60%, while SHLD has an expense ratio of 0.49%.
Recent articles about MTRX and SHLD
Chip Stocks Enter a Bear Market: What It Means for Canadian AI ETFs
Canadian-listed semiconductor and AI ETFs fell as much as 11% this week as chip stocks entered a global bear market, even as investors kept adding money into the weakness.
Posted on 7/20/2026 by Edouard Caillieux inArtificial Intelligence
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.