VS
Global X Defence Tech Index ETF (SHLD) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that SHLD focuses its top 3 sector exposures on Industrials and Information Technology, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, SHLD features a management fee (MER) of 0.49%, compared to 0.05% for XIC. Performance-wise, SHLD has returned 1.65% year-to-date with +$109 M in net flows, whereas XIC is at 8.12% with +$5 B. 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
SHLD
XIC
| AuM | $237.45 M | $29,117.97 M |
| Management Fees | 0.49% | 0.05% |
| Exp. ratio | 0.49% | 0.06% |
| Tracking Difference | -1.28% | -0.12% |
Historical performance and flows
As of May 13, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SHLD | -14.95% | -11.10% | -1.65% | +20.36% | - |
XIC | +0.57% | +3.50% | +8.12% | +36.05% | +80.24% | |
| Flows | SHLD | -$7 M | +$45 M | +$109 M | +$252 M | - |
XIC | +$823 M | +$2,591 M | +$5,366 M | +$7,902 M | +$11,328 M |
SHLD vs XIC exposure
Countries
SHLD
USA
58.50%
Republic of Korea
8.04%
Other
33.46%
XIC
Canada
98.95%
Sectors
SHLD
Industrials
85.92%
Information Technology
7.29%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 13, 2026
Top 10 Holdings
SHLD
LOCKHEED MARTIN
9.35%
RAYTHEON TECHNOLOGIES CORPORD
7.95%
GENERAL DYNAMICS
7.42%
PALANTIR TECHNOLOGIES
6.10%
RHEINMETALL
6.06%
L3 HARRIS TECHNOLOGIES
4.98%
NORTHROP GRUMMAN
4.96%
BAE SYSTEMS
4.96%
HANWHA AEROSPACE
4.78%
LEONARDO SPA
4.29%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%
Diversification
SHLD
Total weight of top 10 holdings out of 47 total
60.85%
XIC
Total weight of top 10 holdings out of 221 total
35.80%
Characteristics
Compare
SHLD
XIC
| Provider | Global X | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Global X Defense Tech Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.18% | 2.07% |
| Meets ESG criteria | No | No |
| Inception Date | April 30, 2025 | February 16, 2001 |
Frequently asked questions about SHLD and XIC
Which ETF has performed better year to date: SHLD or XIC?
As of May 13, 2026, SHLD has returned -1.65% year to date, while XIC has returned 8.12%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: SHLD or XIC?
As of May 13, 2026, SHLD manages $237.45 M in assets, while XIC manages $29.12 B. XIC is the larger fund by AUM.
How are SHLD and XIC managed?
SHLD is passively managed by Global X. It tracks the Global X Defense Tech Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do SHLD and XIC emphasize?
SHLD is most exposed to Industrials and Information Technology. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: SHLD or XIC?
Year to date, SHLD has seen +$108.79 M in net flows, compared with +$5,366.01 M for XIC. XIC has attracted more net investor money so far.
How do the fees of SHLD and XIC compare?
SHLD has an expense ratio of 0.49%, while XIC has an expense ratio of 0.06%.
What are the top holdings of SHLD and XIC?
SHLD's largest holdings include LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD, and GENERAL DYNAMICS. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: SHLD or XIC?
SHLD holds 42 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
Recent articles about SHLD and XIC
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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.