SHLD vs VIS: Holdings Overlap
Global X · 48 holdings · $7.6B · as of 2026-05-31
VISVanguard Industrials Index Fund
Vanguard · 381 holdings · $8.5B · as of 2026-05-31
How similar are SHLD and VIS?
Global X Defense Tech ETF (SHLD, by Global X) holds 48 positions; Vanguard Industrials Index Fund (VIS, by Vanguard) holds 381. They have 18 holdings in common, and by portfolio weight the two funds are 9.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18SHLD holds 48 · VIS holds 381
- Weight in Shared Holdings
- SHLD 50%·VIS 9%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 SHLD
30 of 48 positions (49.6% of the fund) are not held by VIS.
Sector Breakdown
| Sector | SHLD | VIS |
|---|---|---|
| Industrials | 82.5% | 99.3% |
| Information Technology | 8.0% | 0.3% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 9.1% | 0.0% |
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 (9% of SHLD, 0% of VIS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
| VIS | +1.5% | +20.1% | +25.2% | +20.8% | +14.0% | +14.1% | 0.87% |
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 SHLD vs VIS →
Shared Holdings(18)
The top 10 shared positions account for 96% of the overlap, led by RTX, LMT and GD.
 RTXRTX Corp. COM | 7.76% | 3.41% | 3.41% |
|---|---|---|---|
 LMTLockheed Martin Corporation COM | 8.41% | 1.57% | 1.57% |
 GDGeneral Dynamics Corporation COM | 7.67% | 1.13% | 1.13% |
 NOCNorthrop Grumman Corporation COM | 4.23% | 1.08% | 1.08% |
 LHXL3 Harris Technologies Inc COM | 4.69% | 0.84% | 0.84% |
 BWXTBWX Technologies Inc. COM | 3.05% | 0.25% | 0.25% |
 LDOSLeidos Holdings Inc COM | 2.77% | 0.22% | 0.22% |
 HIIHuntington Ingalls Industries, Inc. COM | 2.04% | 0.17% | 0.17% |
 KTOSKRATOS DEFENSE and SECURITY SOLU COMMON STOCK USD.001 | 1.81% | 0.15% | 0.15% |
 MOG-AMoog, Inc., Class A | 1.70% | 0.15% | 0.15% |
 AVAVAeroVironment, Inc. COM | 1.32% | 0.10% | 0.10% |
 MRCYMercury Systems Inc COM | 1.13% | 0.09% | 0.09% |
 AMTMAmentum Holdings, Inc. COM | 0.78% | 0.05% | 0.05% |
 PSNParsons Corporation COM | 1.06% | 0.05% | 0.05% |
 KRMNKarman Holdings Inc. COMMON STOCK | 0.83% | 0.04% | 0.04% |
 RCATRed Cat Holdings Inc. COM | 0.26% | 0.03% | 0.03% |
 VOYGVoyager Technologies, Inc., Class A | 0.43% | 0.01% | 0.01% |
 NPKNational Presto Industries Inc. COM | 0.11% | 0.01% | 0.01% |
Frequently Asked Questions
How much do SHLD and VIS overlap?
SHLD and VIS overlap by 9.3% of portfolio weight. They share 18 holdings (SHLD holds 48 positions and VIS holds 381), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHLD and VIS?
The two portfolios are 9.3% 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 SHLD and VIS?
The largest positions held by both funds are RTX, LMT, GD, NOC and LHX. Together the top 10 shared positions account for 96% of the total overlap.
What does SHLD own that VIS doesn't?
30 positions (49.6% of SHLD) are unique to SHLD, led by PLTR, RHM and BA-. In the other direction, 363 positions (90.3% of VIS) are unique to VIS.