ON Holding AG vs Global X Defense Tech ETF — how do they compare? ON Holding AG trades at $36.73 (market cap $12.41B), while Global X Defense Tech ETF trades at $60.76. The key difference: ON Holding AG is trading nearer its 52-week high, Global X Defense Tech ETF nearer its low. Which is the better fit depends on your goals.
| ONON | SHLD | |
|---|---|---|
Market Cap | $12.41B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $51.75 | $78.02 |
52-Week Low | $31.88 | $58.20 |
Enterprise Value | $11.73B | — |
Trailing returns across standard periods
ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →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 →