EXI vs SHLD: Holdings Overlap
EXIiShares Global Industrials ETF
iShares · 225 holdings · $1.5B · as of 2026-03-31
Global X · 48 holdings · $7.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (EXI: 2026-03-31, SHLD: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EXI and SHLD?
iShares Global Industrials ETF (EXI, by iShares) holds 225 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 13 holdings in common, and by portfolio weight the two funds are 10.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13EXI holds 225 · SHLD holds 48
- Weight in Shared Holdings
- EXI 10%·SHLD 65%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EXI
212 of 225 positions (89.6% of the fund) are not held by SHLD. Showing the top 30 by weight.
Only in SHLD
35 of 48 positions (34.6% of the fund) are not held by EXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | EXI | SHLD |
|---|---|---|
| Industrials | 98.9% | 82.5% |
| Information Technology | 0.3% | 8.0% |
| Real Estate | 0.3% | 0.0% |
| Communication Services | 0.0% | 0.0% |
| Materials | 0.0% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 9.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of EXI, 9% of SHLD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EXI | +3.1% | +17.8% | +23.5% | +20.6% | +12.7% | +12.8% | 1.03% |
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EXI vs SHLD →
Shared Holdings(13)
The top 10 shared positions account for 94% of the overlap, led by RTX, LMT and NOC.
 RTXRTX Corp. COM | 2.80% | 7.76% | 2.80% |
|---|---|---|---|
 LMTLockheed Martin Corporation COM | 1.32% | 8.41% | 1.32% |
 NOCNorthrop Grumman Corporation COM | 0.98% | 4.23% | 0.98% |
 BA-BAE Systems PLC ORD GBP0.025 | 0.95% | 4.88% | 0.95% |
 GDGeneral Dynamics Corporation COM | 0.94% | 7.67% | 0.94% |
 RHMRheinmetall AG NPV | 0.84% | 5.76% | 0.84% |
 LHXL3 Harris Technologies Inc COM | 0.70% | 4.69% | 0.70% |
 012450Hanwha Aerospace Co Ltd | 0.30% | 4.40% | 0.30% |
 LDOLeonardo S.p.A. NPV | 0.30% | 4.35% | 0.30% |
 HOThales SA EUR3 | 0.29% | 4.27% | 0.29% |
 SAABBSaab AB, Class B | 0.22% | 3.82% | 0.22% |
 LDOSLeidos Holdings Inc COM | 0.21% | 2.77% | 0.21% |
 HIIHuntington Ingalls Industries, Inc. COM | 0.16% | 2.04% | 0.16% |
Frequently Asked Questions
How much do EXI and SHLD overlap?
EXI and SHLD overlap by 10.0% of portfolio weight. They share 13 holdings (EXI holds 225 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EXI and SHLD?
The two portfolios are 10.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of EXI and SHLD?
The largest positions held by both funds are RTX, LMT, NOC, BA- and GD. Together the top 10 shared positions account for 94% of the total overlap.
What does EXI own that SHLD doesn't?
212 positions (89.6% of EXI) are unique to EXI, led by CAT, GE and GEV. In the other direction, 35 positions (34.6% of SHLD) are unique to SHLD.