Compare Fortinet Inc (FTNT) vs Global X Defense Tech ETF (SHLD) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Fortinet Inc vs Global X Defense Tech ETF — how do they compare? Fortinet Inc trades at $193.56 (market cap $138.75B), while Global X Defense Tech ETF trades at $59.73 (market cap $6.29B). The key difference: Fortinet Inc is far larger — about 22.1× Global X Defense Tech ETF's market cap, and Fortinet Inc is trading nearer its 52-week high, Global X Defense Tech ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Fortinet Inc for 72 Days and Global X Defense Tech ETF for 44 Days on average.
| FTNT | SHLD | |
|---|---|---|
Market Cap | $138.75B | $6.29B |
Volume | 2,956,908 | 1,133,252 |
Sector | Technology | Sector/Thematic |
52-Week High | $191.27 | $78.02 |
52-Week Low | $75.23 | $58.20 |
Typical Hold Time | 72 Days | 44 Days |
Enterprise Value | $135.17B | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Fortinet (FTNT) trades at $193.44, up 2.2% today and near its 52-week high, with strong technical momentum and bullish moving average signals. The company demonstrates robust fundamentals with revenue growing from $4.4B in 2022 to $6.8B in 2025, maintaining high profit margins above 28%. Recent quarterly earnings have consistently beaten expectations, and the company is positioned to benefit from AI-driven cybersecurity demand.
The outlook remains positive with raised 2026 guidance and strong platform adoption, though elevated valuation ratios (P/E 66.82, P/S 18.79) present risks. Analyst consensus is mixed with 42% buy ratings but a price target below current levels. Key risks include competitive pressures and execution challenges in maintaining growth momentum.
SHLD, the Global X Defense Tech ETF, trades at $58.74, down 2.2% on the day amid a bearish technical signal. The ETF focuses on defense technology and cybersecurity, with recent institutional buying interest noted in filings. However, key financial ratios like P/E and P/S are not available for this ETF, and the overall technical picture is negative, with moving averages and oscillators signaling bearish momentum.
The outlook for SHLD is mixed, with potential tailwinds from rising global defense spending and institutional accumulation, but weighed down by bearish technicals and the absence of clear valuation metrics. Risks include geopolitical shifts and ETF-specific performance versus peers. The investment case hinges on sustained defense budget growth and SHLD's ability to capture tech-driven defense innovation.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
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About Fortinet Inc
Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →About Global X Defense Tech ETF
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 →
