IDEF vs. JEDI
IDEF (iShares Defense Industrials Active ETF) and JEDI (Defiance Drone & Modern Warfare ETF) are both Aerospace & Defense funds. IDEF is actively managed, while JEDI is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. IDEF charges 0.55%/yr vs 0.69%/yr for JEDI.
Performance
IDEF vs. JEDI - Performance Comparison
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Returns By Period
In the year-to-date period, IDEF achieves a 2.45% return, which is significantly lower than JEDI's 16.35% return.
IDEF
- 1D
- -0.60%
- 1M
- -3.83%
- YTD
- 2.45%
- 6M
- 0.08%
- 1Y
- 16.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDI
- 1D
- -3.02%
- 1M
- -16.28%
- YTD
- 16.35%
- 6M
- 12.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEF vs. JEDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 2.45% | 0.15% |
JEDI Defiance Drone & Modern Warfare ETF | 16.35% | -3.42% |
Correlation
The correlation between IDEF and JEDI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025 | 0.81 |
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Return for Risk
IDEF vs. JEDI — Risk / Return Rank
IDEF
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEF vs. JEDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Defense Industrials Active ETF (IDEF) 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.
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.
| IDEF | JEDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | — | — |
| Martin ratioReturn relative to average drawdown | 2.57 | — | — |
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Drawdowns
IDEF vs. JEDI - Drawdown Comparison
The maximum IDEF drawdown since its inception was -14.78%, smaller than the maximum JEDI drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for IDEF and JEDI.
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Drawdown Indicators
| IDEF | JEDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.78% | -33.43% | +18.65% |
Max Drawdown (1Y)Largest decline over 1 year | -14.78% | — | — |
Current DrawdownCurrent decline from peak | -14.23% | -33.43% | +19.20% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -10.15% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.28% | — | — |
Volatility
IDEF vs. JEDI - Volatility Comparison
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Volatility by Period
| IDEF | JEDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.93% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.10% | 51.52% | -29.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.57% | 51.52% | -29.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.57% | 51.52% | -29.95% |
IDEF vs. JEDI - Expense Ratio Comparison
IDEF has a 0.55% expense ratio, which is lower than JEDI's 0.69% expense ratio.
Dividends
IDEF vs. JEDI - Dividend Comparison
IDEF's dividend yield for the trailing twelve months is around 0.34%, while JEDI has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.34% | 0.17% |
JEDI Defiance Drone & Modern Warfare ETF | 0.00% | 0.00% |
Frequently Asked Questions
IDEF and JEDI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDEF is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEF is cheaper with a 0.55% expense ratio, compared with 0.69% for JEDI.
IDEF has the higher dividend yield at 0.34%, compared with 0.00% for JEDI.
Their fees differ too: 0.55% for IDEF and 0.69% for JEDI.
Find the right allocation for IDEF and JEDI
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