iShares MSCI Australia ETF vs Global X Defense Tech ETF — how do they compare? iShares MSCI Australia ETF trades at $30.23, while Global X Defense Tech ETF trades at $69.94. The key difference: iShares MSCI Australia ETF is trading nearer its 52-week high, Global X Defense Tech ETF nearer its low. Which is the better fit depends on your goals.
| EWA | SHLD | |
|---|---|---|
Sector | Broad Market / Factor | Sector/Thematic |
52-Week High | $30.41 | $78.02 |
52-Week Low | $24.95 | $58.20 |
Trailing returns across standard periods
EWA tracks the MSCI Australia Index, providing broad exposure to large and mid-cap companies in the Australian equity market. It is structurally dominated by the financial and materials sectors, serving as a key instrument for investors seeking a single-country view of Australia's resource-rich and stable economy.
Read more on EWA →SHLD tracks the Global X Defense Tech Index, targeting companies that lead the technological transformation of the defense sector. It focuses on pure-play innovators in cybersecurity, artificial intelligence, robotics, and advanced military systems, excluding traditional commercial aerospace to maintain a high level of thematic purity.
Read more on SHLD →