ARMY vs. JEDI

Last updated Jun 3, 2026

ARMY (HANetf Future of European Defence Screened UCITS ETF) and JEDI (Defiance Drone & Modern Warfare ETF) are both Aerospace & Defense funds - ARMY tracks the VettaFi European Future of Defence Screened Index while JEDI tracks the BITA Drone & Modern Warfare Select Index. Both are passively managed. At a 0.48 correlation, their price movements are largely independent. ARMY charges 0.39%/yr vs 0.69%/yr for JEDI.

Performance

ARMY vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf Future of European Defence Screened UCITS ETF (ARMY) and Defiance Drone & Modern Warfare ETF (JEDI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ARMY is traded in EUR, while JEDI is traded in USD. To make them comparable, the JEDI values have been converted to EUR using the latest available exchange rates.

Returns By Period

ARMY

• 1D: -1.51%
• 1M: 1.38%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: 2.85%
• 1M: 44.68%
• YTD: 68.66%
• 6M: 79.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARMY vs. JEDI - Yearly Performance Comparison

	2026 (YTD)
ARMY HANetf Future of European Defence Screened UCITS ETF	0.10%
JEDI Defiance Drone & Modern Warfare ETF	57.43%

Correlation

The correlation between ARMY and JEDI is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.48

Return for Risk

ARMY vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf Future of European Defence Screened UCITS ETF (ARMY) and Defiance Drone & Modern Warfare ETF (JEDI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ARMY	JEDI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	2.28	-2.26

Drawdowns

ARMY vs. JEDI - Drawdown Comparison

The maximum ARMY drawdown since its inception was -13.11%, smaller than the maximum JEDI drawdown of -20.73%. Use the drawdown chart below to compare losses from any high point for ARMY and JEDI.

Drawdown Indicators

	ARMY	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-13.11%	-20.73%	+7.62%
Current Drawdown Current decline from peak	-6.33%	-4.29%	-2.04%
Average Drawdown Average peak-to-trough decline	-5.27%	-9.45%	+4.18%

Volatility

Volatility by Period

	ARMY	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.53%	45.74%	-13.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.53%	45.74%	-13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.53%	45.74%	-13.21%

ARMY vs. JEDI - Expense Ratio Comparison

ARMY has a 0.39% expense ratio, which is lower than JEDI's 0.69% expense ratio.

Dividends

ARMY vs. JEDI - Dividend Comparison

Neither ARMY nor JEDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ARMY and JEDI in my portfolio?

ARMY and JEDI have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMY or JEDI?

On fees, ARMY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMY or JEDI?

ARMY is cheaper with a 0.39% expense ratio, compared with 0.69% for JEDI.

Which ETF pays a higher dividend yield, ARMY or JEDI?

ARMY and JEDI have nearly identical dividend yields, around 0.00%.

What is the main difference between ARMY and JEDI?

ARMY tracks VettaFi European Future of Defence Screened Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 0.39% for ARMY and 0.69% for JEDI.