JEDI vs. CHAT
JEDI (Defiance Drone & Modern Warfare ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index, while CHAT is a Technology Equities fund actively managed by Roundhill. JEDI is passively managed, while CHAT is actively managed. At a 0.48 correlation, their price movements are largely independent. JEDI charges 0.69%/yr vs 0.75%/yr for CHAT.
Performance
JEDI vs. CHAT - Performance Comparison
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Returns By Period
In the year-to-date period, JEDI achieves a 16.35% return, which is significantly lower than CHAT's 63.45% return.
JEDI
- 1D
- -3.02%
- 1M
- -16.28%
- YTD
- 16.35%
- 6M
- 12.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CHAT
- 1D
- -7.40%
- 1M
- 7.27%
- YTD
- 63.45%
- 6M
- 62.78%
- 1Y
- 115.67%
- 3Y*
- 51.32%
- 5Y*
- —
- 10Y*
- —
JEDI vs. CHAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JEDI Defiance Drone & Modern Warfare ETF | 16.35% | -3.42% |
CHAT Roundhill Generative AI & Technology ETF | 63.45% | -0.44% |
Correlation
The correlation between JEDI and CHAT 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 Sep 26, 2025 | 0.48 |
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Return for Risk
JEDI vs. CHAT — Risk / Return Rank
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CHAT
JEDI vs. CHAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and Roundhill Generative AI & Technology ETF (CHAT). 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 | CHAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.14 | — |
| Martin ratioReturn relative to average drawdown | — | 19.81 | — |
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Drawdowns
JEDI vs. CHAT - Drawdown Comparison
The maximum JEDI drawdown since its inception was -33.43%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for JEDI and CHAT.
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Drawdown Indicators
| JEDI | CHAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.43% | -31.34% | -2.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.34% | — |
Current DrawdownCurrent decline from peak | -33.43% | -7.40% | -26.03% |
Average DrawdownAverage peak-to-trough decline | -10.15% | -5.38% | -4.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.86% | — |
Volatility
JEDI vs. CHAT - Volatility Comparison
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Volatility by Period
| JEDI | CHAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 19.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 29.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 51.52% | 34.87% | +16.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.52% | 31.22% | +20.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.52% | 31.22% | +20.30% |
JEDI vs. CHAT - Expense Ratio Comparison
JEDI has a 0.69% expense ratio, which is lower than CHAT's 0.75% expense ratio.
Dividends
JEDI vs. CHAT - Dividend Comparison
JEDI has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.74%.
| Position | TTM | 2025 |
|---|---|---|
CHAT Roundhill Generative AI & Technology ETF | 1.74% | 2.85% |
JEDI Defiance Drone & Modern Warfare ETF | 0.00% | 0.00% |
Frequently Asked Questions
JEDI and CHAT 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.
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 CHAT.
CHAT has the higher dividend yield at 1.74%, compared with 0.00% for JEDI.
JEDI is categorized as Aerospace & Defense, while CHAT is Technology Equities. Their fees differ too: 0.69% for JEDI and 0.75% for CHAT.
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