Defense ETF (SHLD) Hits New 52-Week High

Group 1 - The Global X Defense Tech ETF (SHLD) has reached a 52-week high and is up 105.98% from its 52-week low price of $36.61 per share, indicating strong momentum for investors [1] - The fund aims to provide exposure to defense technology companies that benefit from technology, services, systems, and hardware catering to the defense and military sector, with an annual fee of 50 basis points [1] - The Aerospace and Defense sector is gaining attention due to a complicated geopolitical landscape, including U.S. military actions in Syria and Venezuela, which highlight rising global instability [2] Group 2 - Ongoing tensions in the Middle East and Asia, along with President Trump's proposal for a $1.5 trillion U.S. military budget by 2027, enhance the strategic appeal of Aerospace and Defense funds [3] - SHLD is expected to maintain strong performance in the near term, supported by a positive weighted alpha of 93.65, suggesting potential for further gains [4]