JEDI vs. AIPO

Last updated Jun 4, 2026

JEDI (Defiance Drone & Modern Warfare ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. Both are passively managed. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.69% expense ratio.

Performance

JEDI vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone & Modern Warfare ETF (JEDI) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JEDI having a 52.32% return and AIPO slightly lower at 52.03%.

JEDI

• 1D: -8.76%
• 1M: 33.56%
• YTD: 52.32%
• 6M: 62.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -1.12%
• 1M: 6.63%
• YTD: 52.03%
• 6M: 45.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
JEDI Defiance Drone & Modern Warfare ETF	52.32%	-3.73%
AIPO Defiance AI & Power Infrastructure ETF	52.03%	-0.57%

Correlation

The correlation between JEDI and AIPO is 0.53, 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 Sep 29, 2025	0.53

Return for Risk

JEDI vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and Defiance AI & Power Infrastructure ETF (AIPO). 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

	JEDI	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	2.36	-0.76

Drawdowns

JEDI vs. AIPO - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for JEDI and AIPO.

Drawdown Indicators

	JEDI	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-17.31%	-4.36%
Current Drawdown Current decline from peak	-12.85%	-1.12%	-11.73%
Average Drawdown Average peak-to-trough decline	-9.16%	-4.38%	-4.78%

Volatility

Volatility by Period

	JEDI	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	47.61%	34.09%	+13.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.61%	34.09%	+13.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.61%	34.09%	+13.52%

JEDI vs. AIPO - Expense Ratio Comparison

Both JEDI and AIPO have an expense ratio of 0.69%.

Dividends

JEDI vs. AIPO - Dividend Comparison

JEDI has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
JEDI Defiance Drone & Modern Warfare ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEDI and AIPO in my portfolio?

JEDI and AIPO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEDI or AIPO?

Both ETFs have the same 0.69% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEDI or AIPO?

JEDI and AIPO have the same expense ratio: 0.69% per year.

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

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for JEDI.

What is the main difference between JEDI and AIPO?

JEDI is categorized as Aerospace & Defense, while AIPO is Technology Equities. JEDI tracks BITA Drone & Modern Warfare Select Index, while AIPO tracks MarketVector™ US Listed AI and Power Infrastructure Index.