JEDI vs. DUTY

Last updated Jul 17, 2026

JEDI (Defiance Drone and Modern Warfare ETF) and DUTY (U.S. Defense ETF) are both Aerospace & Defense funds - JEDI tracks the BITA Drone & Modern Warfare Select Index while DUTY tracks the Solactive U.S. Defense Index. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. JEDI charges 0.69%/yr vs 0.45%/yr for DUTY.

Performance

JEDI vs. DUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone and Modern Warfare ETF (JEDI) and U.S. Defense ETF (DUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JEDI

• 1D: -6.45%
• 1M: -24.78%
• 6M: -21.69%
• YTD: -4.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DUTY

• 1D: -1.36%
• 1M: -0.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. DUTY - Yearly Performance Comparison

	2026 (YTD)
JEDI Defiance Drone and Modern Warfare ETF	-16.44%
DUTY U.S. Defense ETF	2.13%

Correlation

The correlation between JEDI and DUTY is 0.67, 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 Apr 8, 2026	0.67

Return for Risk

JEDI vs. DUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone and Modern Warfare ETF (JEDI) and U.S. Defense ETF (DUTY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

JEDI vs. DUTY - Drawdown Comparison

The maximum JEDI drawdown since its inception was -45.26%, which is greater than DUTY's maximum drawdown of -13.42%. Use the drawdown chart below to compare losses from any high point for JEDI and DUTY.

Drawdown Indicators

	JEDI	DUTY	Difference
Max Drawdown Largest peak-to-trough decline	-45.26%	-13.42%	-31.84%
Current Drawdown Current decline from peak	-45.26%	-7.39%	-37.87%
Average Drawdown Average peak-to-trough decline	-12.33%	-4.65%	-7.68%

Volatility

Volatility by Period

	JEDI	DUTY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	52.37%	27.11%	+25.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.37%	27.11%	+25.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.37%	27.11%	+25.26%

JEDI vs. DUTY - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is higher than DUTY's 0.45% expense ratio.

Dividends

JEDI vs. DUTY - Dividend Comparison

Neither JEDI nor DUTY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JEDI and DUTY in my portfolio?

JEDI and DUTY have a correlation of 0.67, 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 DUTY?

On fees, DUTY is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEDI or DUTY?

DUTY is cheaper with a 0.45% expense ratio, compared with 0.69% for JEDI.

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

JEDI and DUTY have nearly identical dividend yields, around 0.00%.

What is the main difference between JEDI and DUTY?

JEDI tracks BITA Drone & Modern Warfare Select Index, while DUTY tracks Solactive U.S. Defense Index. They also come from different issuers: Defiance and Aura. Their fees differ too: 0.69% for JEDI and 0.45% for DUTY.