DUTY vs. JEDI

Last updated Jul 18, 2026

DUTY (U.S. Defense ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both Aerospace & Defense funds - DUTY tracks the Solactive U.S. Defense Index while JEDI tracks the BITA Drone & Modern Warfare Select Index. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. DUTY charges 0.45%/yr vs 0.69%/yr for JEDI.

Performance

DUTY vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Defense ETF (DUTY) and Defiance Drone and Modern Warfare ETF (JEDI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DUTY

• 1D: 0.06%
• 1M: 0.05%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -0.17%
• 1M: -24.98%
• 6M: -23.26%
• YTD: -4.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUTY vs. JEDI - Yearly Performance Comparison

	2026 (YTD)
DUTY U.S. Defense ETF	2.19%
JEDI Defiance Drone and Modern Warfare ETF	-16.59%

Correlation

The correlation between DUTY and JEDI is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.67

Return for Risk

DUTY vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Defense ETF (DUTY) and Defiance Drone and 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

DUTY vs. JEDI - Drawdown Comparison

The maximum DUTY drawdown since its inception was -13.42%, smaller than the maximum JEDI drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for DUTY and JEDI.

Drawdown Indicators

	DUTY	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-13.42%	-45.36%	+31.94%
Current Drawdown Current decline from peak	-7.34%	-45.36%	+38.02%
Average Drawdown Average peak-to-trough decline	-4.69%	-12.49%	+7.80%

Volatility

Volatility by Period

	DUTY	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.91%	52.24%	-25.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.91%	52.24%	-25.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.91%	52.24%	-25.33%

DUTY vs. JEDI - Expense Ratio Comparison

DUTY has a 0.45% expense ratio, which is lower than JEDI's 0.69% expense ratio.

Dividends

DUTY vs. JEDI - Dividend Comparison

Neither DUTY nor JEDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DUTY and JEDI in my portfolio?

DUTY and JEDI have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUTY or JEDI?

On fees, DUTY is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DUTY or JEDI?

DUTY is cheaper with a 0.45% expense ratio, compared with 0.69% for JEDI.

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

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

What is the main difference between DUTY and JEDI?

DUTY tracks Solactive U.S. Defense Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. They also come from different issuers: Aura and Defiance. Their fees differ too: 0.45% for DUTY and 0.69% for JEDI.