JEDI vs. GCAD
Compare and contrast key facts about Defiance Drone & Modern Warfare ETF (JEDI) and Gabelli Commercial Aerospace & Defense ETF (GCAD).
JEDI and GCAD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCAD is an actively managed fund by Gabelli. It was launched on Jan 3, 2023.
Performance
JEDI vs. GCAD - Performance Comparison
Loading graphics...
JEDI vs. GCAD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JEDI Defiance Drone & Modern Warfare ETF | 5.39% | -3.73% |
GCAD Gabelli Commercial Aerospace & Defense ETF | 7.13% | 5.48% |
Returns By Period
In the year-to-date period, JEDI achieves a 5.39% return, which is significantly lower than GCAD's 7.13% return.
JEDI
- 1D
- 8.11%
- 1M
- -3.25%
- YTD
- 5.39%
- 6M
- -2.12%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GCAD
- 1D
- 3.88%
- 1M
- -9.20%
- YTD
- 7.13%
- 6M
- 11.82%
- 1Y
- 49.29%
- 3Y*
- 30.53%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JEDI vs. GCAD - Expense Ratio Comparison
JEDI has a 0.69% expense ratio, which is higher than GCAD's 0.00% expense ratio.
Return for Risk
JEDI vs. GCAD — Risk / Return Rank
JEDI
GCAD
JEDI vs. GCAD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and Gabelli Commercial Aerospace & Defense ETF (GCAD). 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.
Loading graphics...
Sharpe Ratios by Period
| JEDI | GCAD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 1.55 | -1.47 |
Correlation
The correlation between JEDI and GCAD is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JEDI vs. GCAD - Dividend Comparison
JEDI has not paid dividends to shareholders, while GCAD's dividend yield for the trailing twelve months is around 1.92%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JEDI Defiance Drone & Modern Warfare ETF | 0.00% | 0.00% | 0.00% | 0.00% |
GCAD Gabelli Commercial Aerospace & Defense ETF | 1.92% | 2.06% | 4.94% | 3.62% |
Drawdowns
JEDI vs. GCAD - Drawdown Comparison
The maximum JEDI drawdown since its inception was -21.67%, which is greater than GCAD's maximum drawdown of -16.14%. Use the drawdown chart below to compare losses from any high point for JEDI and GCAD.
Loading graphics...
Drawdown Indicators
| JEDI | GCAD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.67% | -16.14% | -5.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.96% | — |
Current DrawdownCurrent decline from peak | -15.31% | -11.66% | -3.65% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -2.79% | -7.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.27% | — |
Volatility
JEDI vs. GCAD - Volatility Comparison
Loading graphics...
Volatility by Period
| JEDI | GCAD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 35.92% | 21.51% | +14.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.92% | 18.15% | +17.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.92% | 18.15% | +17.77% |