VS
Global X Artificial Intelligence Infrastructure Index ETF (MTRX) and Global X Defence Tech Index ETF (SHLD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MTRX focuses its top 3 sector exposures on Industrials, Materials, and Information Technology, while SHLD leans towards Industrials and Information Technology. When evaluating costs, MTRX features a management fee (MER) of 0.49%, compared to 0.49% for SHLD. Performance-wise, MTRX has returned 25.11% year-to-date with +$37 M in net flows, whereas SHLD is at 2.17% with +$99 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 | $51.25 M | $227.45 M |
| Management Fees | 0.49% | 0.49% |
| Exp. ratio | 0.60% | 0.49% |
| Tracking Difference | -1.90% | -1.24% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTRX | -6.62% | +7.96% | +25.11% | +66.01% | - |
SHLD | -1.82% | -16.70% | -2.17% | +12.89% | - | |
| Flows | MTRX | +$6 M | +$16 M | +$37 M | +$44 M | - |
SHLD | -$8 M | +$4 M | +$99 M | +$233 M | - |
MTRX vs SHLD exposure
Countries
MTRX
USA
39.74%
Ireland
11.35%
Canada
9.98%
Other
8.15%
Taiwan
7.57%
Other
23.21%
SHLD
USA
57.10%
Republic of Korea
9.23%
Other
33.66%
Sectors
MTRX
Industrials
36.31%
Materials
20.13%
Information Technology
16.53%
Other
14.46%
Energy
7.76%
SHLD
Industrials
85.58%
Information Technology
7.62%
As of June 10, 2026
Top 10 Holdings
MTRX
DELTA ELECTRONIC
6.44%
US36828A1016
6.31%
VERTIV HOLDINGS
5.18%
CAMECO
5.08%
ARISTA NETWORKS
4.88%
SOUTHERN COPPER CORPORATION
4.63%
ABB
4.59%
FREEPORT-MCMORAN INC
4.57%
EATON CORP PLC
4.43%
SIEMENS ENERGY AG
4.42%
SHLD
LOCKHEED MARTIN
8.19%
GENERAL DYNAMICS
7.59%
RAYTHEON TECHNOLOGIES CORPORD
7.55%
PALANTIR TECHNOLOGIES
6.30%
RHEINMETALL
6.04%
HANWHA AEROSPACE
5.47%
BAE SYSTEMS
4.89%
L3 HARRIS TECHNOLOGIES
4.84%
NORTHROP GRUMMAN
4.35%
LEONARDO SPA
4.22%
Diversification
MTRX
Total weight of top 10 holdings out of 28 total
50.53%
SHLD
Total weight of top 10 holdings out of 47 total
59.44%
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 June 10, 2026, MTRX has returned 25.11% year to date, while SHLD has returned -2.17%. MTRX is ahead on YTD performance.
Which ETF is larger by assets under management: MTRX or SHLD?
As of June 10, 2026, MTRX manages $51.25 M in assets, while SHLD manages $227.45 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.
What sectors do MTRX and SHLD emphasize?
MTRX is most exposed to Industrials, Materials, and Information Technology. SHLD is most exposed to Industrials and Information Technology.
Which ETF is attracting more investor flows: MTRX or SHLD?
Year to date, MTRX has seen +$36.92 M in net flows, compared with +$99.34 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%.
What are the top holdings of MTRX and SHLD?
MTRX's largest holdings include DELTA ELECTRONIC and VERTIV HOLDINGS. SHLD's top holdings include LOCKHEED MARTIN, GENERAL DYNAMICS, and RAYTHEON TECHNOLOGIES CORPORD.
Which ETF is more diversified: MTRX or SHLD?
MTRX holds 28 securities, while SHLD holds 42. On holdings count, SHLD is the more diversified portfolio.
Recent articles about MTRX and SHLD
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