JEDI vs. ARKX
JEDI (Defiance Drone & Modern Warfare ETF) and ARKX (ARK Space Exploration & Innovation ETF) are both Aerospace & Defense funds. JEDI is passively managed, while ARKX is actively managed. Their correlation of 0.87 suggests significant overlap in exposure. JEDI charges 0.69%/yr vs 0.75%/yr for ARKX.
Performance
JEDI vs. ARKX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JEDI achieves a 9.39% return, which is significantly lower than ARKX's 11.04% return.
JEDI
- 1D
- -5.98%
- 1M
- -21.29%
- YTD
- 9.39%
- 6M
- 6.12%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKX
- 1D
- -1.89%
- 1M
- -9.15%
- YTD
- 11.04%
- 6M
- 7.12%
- 1Y
- 43.09%
- 3Y*
- 31.21%
- 5Y*
- 8.77%
- 10Y*
- —
JEDI vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JEDI Defiance Drone & Modern Warfare ETF | 9.39% | -3.42% |
ARKX ARK Space Exploration & Innovation ETF | 11.04% | 4.77% |
Correlation
The correlation between JEDI and ARKX is 0.87, 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 | 0.87 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JEDI vs. ARKX — Risk / Return Rank
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ARKX
JEDI vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and ARK Space Exploration & Innovation ETF (ARKX). 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.
| JEDI | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.12 | — |
| Martin ratioReturn relative to average drawdown | — | 5.45 | — |
Loading charts...
Drawdowns
JEDI vs. ARKX - Drawdown Comparison
The maximum JEDI drawdown since its inception was -37.41%, smaller than the maximum ARKX drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for JEDI and ARKX.
Loading charts...
Drawdown Indicators
| JEDI | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.41% | -43.61% | +6.20% |
Max Drawdown (1Y)Largest decline over 1 year | — | -20.42% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -37.41% | -14.73% | -22.68% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -19.86% | +9.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.93% | — |
Volatility
JEDI vs. ARKX - Volatility Comparison
Loading charts...
Volatility by Period
| JEDI | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.83% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.34% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 51.87% | 33.91% | +17.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.87% | 28.16% | +23.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.87% | 27.71% | +24.16% |
JEDI vs. ARKX - Expense Ratio Comparison
JEDI has a 0.69% expense ratio, which is lower than ARKX's 0.75% expense ratio.
Dividends
JEDI vs. ARKX - Dividend Comparison
Neither JEDI nor ARKX has paid dividends to shareholders.
Frequently Asked Questions
JEDI and ARKX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEDI is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEDI is cheaper with a 0.69% expense ratio, compared with 0.75% for ARKX.
JEDI and ARKX have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.69% for JEDI and 0.75% for ARKX.
Find the right allocation for JEDI and ARKX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer