JEDI vs. IDEF
JEDI (Defiance Drone & Modern Warfare ETF) and IDEF (iShares Defense Industrials Active ETF) are both Aerospace & Defense funds. JEDI is passively managed, while IDEF is actively managed. Their correlation of 0.82 suggests significant overlap in exposure. JEDI charges 0.69%/yr vs 0.55%/yr for IDEF.
Performance
JEDI vs. IDEF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JEDI achieves a 52.32% return, which is significantly higher than IDEF's 4.74% return.
JEDI
- 1D
- -8.76%
- 1M
- 33.56%
- YTD
- 52.32%
- 6M
- 62.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEF
- 1D
- -2.54%
- 1M
- -2.65%
- YTD
- 4.74%
- 6M
- 9.45%
- 1Y
- 21.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDI vs. IDEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JEDI Defiance Drone & Modern Warfare ETF | 52.32% | -3.73% |
IDEF iShares Defense Industrials Active ETF | 4.74% | -0.73% |
Correlation
The correlation between JEDI and IDEF is 0.82, 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 29, 2025 | 0.82 |
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. IDEF — Risk / Return Rank
JEDI
IDEF
JEDI vs. IDEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and iShares Defense Industrials Active ETF (IDEF). 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 charts...
Sharpe Ratios by Period
| JEDI | IDEF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.60 | 1.33 | +0.27 |
Drawdowns
JEDI vs. IDEF - Drawdown Comparison
The maximum JEDI drawdown since its inception was -21.67%, which is greater than IDEF's maximum drawdown of -14.63%. Use the drawdown chart below to compare losses from any high point for JEDI and IDEF.
Loading charts...
Drawdown Indicators
| JEDI | IDEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.67% | -14.63% | -7.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.63% | — |
Current DrawdownCurrent decline from peak | -12.85% | -12.31% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -9.16% | -3.90% | -5.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.61% | — |
Volatility
JEDI vs. IDEF - Volatility Comparison
Loading charts...
Volatility by Period
| JEDI | IDEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.98% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 47.61% | 21.15% | +26.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.61% | 21.07% | +26.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.61% | 21.07% | +26.54% |
JEDI vs. IDEF - Expense Ratio Comparison
JEDI has a 0.69% expense ratio, which is higher than IDEF's 0.55% expense ratio.
Dividends
JEDI vs. IDEF - Dividend Comparison
JEDI has not paid dividends to shareholders, while IDEF's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 0.16% | 0.17% |
JEDI Defiance Drone & Modern Warfare ETF | 0.00% | 0.00% |
Frequently Asked Questions
JEDI and IDEF have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDEF is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEF is cheaper with a 0.55% expense ratio, compared with 0.69% for JEDI.
IDEF has the higher dividend yield at 0.16%, compared with 0.00% for JEDI.
Their fees differ too: 0.69% for JEDI and 0.55% for IDEF.
Find the right allocation for JEDI and IDEF
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