INDA vs SHLD
Comparison between ISHARES MSCI INDIA ETF (INDA, ETF) and GLOBAL X DEFENSE TECH ETF (SHLD, ETF).
INDA vs SHLD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
INDA
$6.90B
SHLD
$6.90B
Expense Ratio
INDA
0.61%
Winner
SHLD
0.50%
Max Drawdown
INDA
46.14%
Winner
SHLD
25.40%
Sharpe Ratio
INDA
-0.98
Winner
SHLD
-0.04
5Y Beta
Winner
INDA
0.47
SHLD
0.67
P/E Ratio
INDA
N/A
SHLD
31.68
Forward P/E
INDA
N/A
SHLD
23.67
PEG Ratio
INDA
N/A
SHLD
0.60
5Y Dividends CAGR
INDA
-8.35%
SHLD
N/A
5Y EPS CAGR
INDA
N/A
SHLD
4.30%
Debt to Equity
INDA
N/A
SHLD
68.27%
P/S Ratio
INDA
N/A
SHLD
2.21
P/B Ratio
INDA
N/A
SHLD
4.61
INDA vs SHLD - Historical Returns
Returns include dividend reinvestment.
1M
Winner
INDA
-1.46%
SHLD
-5.92%
3M
Winner
INDA
-2.62%
SHLD
-18.52%
6M
Winner
INDA
-7.87%
SHLD
-22.88%
1Y
INDA
-11.91%
Winner
SHLD
-0.87%
5Y(CAGR)
INDA
+3.42%
SHLD
N/A
10Y(CAGR)
INDA
+6.54%
SHLD
N/A
Max(CAGR)
INDA
+5.29%
Winner
SHLD
+37.35%
INDA vs SHLD - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | INDA | SHLD |
|---|---|---|
| 2026 | -10.76% | -9.56% |
| 2025 | +1.22% | +74.68% |
| 2024 | +8.95% | +35.09% |
| 2023 | +16.71% | +12.89% |
| 2022 | -10.39% | N/A |
| 2021 | +21.22% | N/A |
| 2020 | +13.44% | N/A |
| 2019 | +7.78% | N/A |
| 2018 | -6.87% | N/A |
| 2017 | +35.47% | N/A |
| 2016 | +0.48% | N/A |
| 2015 | -8.46% | N/A |
| 2014 | +27.77% | N/A |
| 2013 | -6.75% | N/A |
| 2012 | -1.36% | N/A |
INDA vs SHLD Drawdown Comparison
The maximum drawdown for INDA was -45.08%, occurring on Mar 23, 2020. Recovery took 720 trading sessions.
The maximum drawdown for SHLD was -25.40%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current INDA drawdown is -17.15%. The current SHLD drawdown is -22.99%.
| Rank | INDA | SHLD |
|---|---|---|
| #1 | -45.08% Jan 23, 2018 - Dec 1, 2020 | -25.40% Mar 9, 2026 - Jun 25, 2026 |
| #2 | -29.62% Feb 1, 2013 - May 12, 2014 | -15.06% Oct 8, 2025 - Jan 8, 2026 |
| #3 | -28.72% Mar 3, 2015 - Jun 2, 2017 | -10.92% Nov 11, 2024 - Feb 18, 2025 |
| #4 | -26.46% Feb 21, 2012 - Jan 18, 2013 | -10.53% Mar 18, 2025 - Apr 11, 2025 |
| #5 | -22.72% Sep 26, 2024 - Mar 30, 2026 | -8.91% Jan 16, 2026 - Mar 9, 2026 |
| #6 | -21.57% Jan 12, 2022 - Dec 18, 2023 | -5.42% Sep 18, 2023 - Oct 9, 2023 |
| #7 | -11.64% Nov 21, 2014 - Jan 20, 2015 | -5.39% Aug 6, 2025 - Sep 10, 2025 |
| #8 | -9.73% Mar 11, 2021 - May 26, 2021 | -4.96% Apr 8, 2024 - May 9, 2024 |
| #9 | -8.56% Nov 12, 2021 - Jan 11, 2022 | -4.52% Aug 30, 2024 - Oct 1, 2024 |
| #10 | -7.29% Aug 4, 2017 - Oct 27, 2017 | -4.49% Oct 18, 2024 - Nov 6, 2024 |
| #11 | -7.23% Sep 5, 2014 - Nov 18, 2014 | -4.17% May 31, 2024 - Jul 15, 2024 |
| #12 | -6.79% Jan 20, 2021 - Feb 3, 2021 | -3.79% Feb 18, 2025 - Mar 3, 2025 |
| #13 | -6.09% Jun 3, 2024 - Jun 14, 2024 | -3.62% May 8, 2025 - May 16, 2025 |
| #14 | -5.48% Nov 6, 2017 - Dec 20, 2017 | -3.55% Jul 31, 2024 - Aug 9, 2024 |
| #15 | -4.92% Aug 12, 2014 - Sep 5, 2014 | -3.15% Oct 16, 2023 - Nov 2, 2023 |
Correlation
Correlation between INDA and SHLD is 0.15 which considered as a very weak or no correlation - the stocks move independently of each other.
0.15
-101
Dividend Comparison (2012 - 2026)
INDA vs SHLD dividend yield comparison.
| Year | INDA | SHLD |
|---|---|---|
| 2026 | 0.00% | 0.31% |
| 2025 | 0.00% | 0.55% |
| 2024 | 0.76% | 0.53% |
| 2023 | 0.16% | 0.26% |
| 2021 | 6.44% | 0.00% |
| 2020 | 0.27% | 0.00% |
| 2019 | 0.99% | 0.00% |
| 2018 | 0.94% | 0.00% |
| 2017 | 1.09% | 0.00% |
| 2016 | 0.90% | 0.00% |
| 2015 | 1.19% | 0.00% |
| 2014 | 0.63% | 0.00% |
| 2013 | 0.61% | 0.00% |
| 2012 | 0.41% | 0.00% |
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