JEDI vs. CHPY

Last updated Jun 5, 2026

JEDI (Defiance Drone & Modern Warfare ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both exchange-traded funds - JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index, while CHPY is a Derivative Income fund actively managed by YieldMax. JEDI is passively managed, while CHPY is actively managed. At a 0.40 correlation, their price movements are largely independent. JEDI charges 0.69%/yr vs 0.99%/yr for CHPY.

Performance

JEDI vs. CHPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone & Modern Warfare ETF (JEDI) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEDI achieves a 59.78% return, which is significantly lower than CHPY's 82.97% return.

JEDI

• 1D: 4.90%
• 1M: 42.42%
• YTD: 59.78%
• 6M: 64.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: -1.51%
• 1M: 23.37%
• YTD: 82.97%
• 6M: 82.98%
• 1Y: 143.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. CHPY - Yearly Performance Comparison

	2026 (YTD)	2025
JEDI Defiance Drone & Modern Warfare ETF	59.78%	-3.73%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	82.97%	11.80%

Correlation

The correlation between JEDI and CHPY is 0.40, 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 29, 2025	0.40

Return for Risk

JEDI vs. CHPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JEDI vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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	CHPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.85	4.71	-2.86

Drawdowns

JEDI vs. CHPY - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, which is greater than CHPY's maximum drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for JEDI and CHPY.

Drawdown Indicators

	JEDI	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-12.17%	-9.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.17%	—
Current Drawdown Current decline from peak	-8.58%	-1.51%	-7.07%
Average Drawdown Average peak-to-trough decline	-9.15%	-1.98%	-7.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	JEDI	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	47.80%	27.61%	+20.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.80%	33.16%	+14.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.80%	33.16%	+14.64%

JEDI vs. CHPY - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is lower than CHPY's 0.99% expense ratio.

Dividends

JEDI vs. CHPY - Dividend Comparison

JEDI has not paid dividends to shareholders, while CHPY's dividend yield for the trailing twelve months is around 28.83%.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.83%	28.19%
JEDI Defiance Drone & Modern Warfare ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEDI and CHPY in my portfolio?

JEDI and CHPY have a correlation of 0.40, 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 CHPY?

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.

Which ETF is cheaper, JEDI or CHPY?

JEDI is cheaper with a 0.69% expense ratio, compared with 0.99% for CHPY.

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

CHPY has the higher dividend yield at 28.83%, compared with 0.00% for JEDI.

What is the main difference between JEDI and CHPY?

JEDI is categorized as Aerospace & Defense, while CHPY is Derivative Income. Their fees differ too: 0.69% for JEDI and 0.99% for CHPY.