JEDI vs. USOY

Last updated Jul 15, 2026

JEDI (Defiance Drone and Modern Warfare ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index, while USOY is a Derivative Income fund actively managed by Defiance. JEDI is passively managed, while USOY is actively managed. At a correlation of -0.06, they often move in opposite directions. JEDI charges 0.69%/yr vs 1.22%/yr for USOY.

Performance

JEDI vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone and Modern Warfare ETF (JEDI) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEDI achieves a 3.87% return, which is significantly lower than USOY's 43.95% return.

JEDI

• 1D: 2.56%
• 1M: -20.67%
• 6M: -13.86%
• YTD: 3.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.56%
• 1M: -3.68%
• 6M: 39.99%
• YTD: 43.95%
• 1Y: 35.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
JEDI Defiance Drone and Modern Warfare ETF	3.87%	-3.42%
USOY Defiance Oil Enhanced Options Income ETF	43.95%	-7.07%

Correlation

The correlation between JEDI and USOY is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	-0.06

Return for Risk

JEDI vs. USOY — Risk / Return Rank

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

JEDI

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

USOY

USOY Risk / Return Rank: 37
USOY Sharpe Ratio Rank: 38
USOY Sortino Ratio Rank: 36
USOY Omega Ratio Rank: 40
USOY Calmar Ratio Rank: 34
USOY Martin Ratio Rank: 36

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. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone and Modern Warfare ETF (JEDI) and Defiance Oil Enhanced Options Income ETF (USOY). 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	USOY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.12	—
Sortino ratio: Return per unit of downside risk	—	1.56	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.42	—
Martin ratio: Return relative to average drawdown	—	4.33	—

Drawdowns

JEDI vs. USOY - Drawdown Comparison

The maximum JEDI drawdown since its inception was -42.06%, which is greater than USOY's maximum drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for JEDI and USOY.

Drawdown Indicators

	JEDI	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-42.06%	-25.51%	-16.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.51%	—
Current Drawdown Current decline from peak	-40.57%	-15.77%	-24.80%
Average Drawdown Average peak-to-trough decline	-12.02%	-7.04%	-4.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.33%	—

Volatility

Volatility by Period

	JEDI	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.09%	32.39%	+19.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.09%	27.10%	+24.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.09%	27.10%	+24.99%

JEDI vs. USOY - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

JEDI vs. USOY - Dividend Comparison

JEDI has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 60.76%.

Position	TTM	2025	2024
JEDI Defiance Drone and Modern Warfare ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	60.76%	104.32%	48.60%

Frequently Asked Questions

Can I hold both JEDI and USOY in my portfolio?

JEDI and USOY have a correlation of -0.06, 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 USOY?

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 USOY?

JEDI is cheaper with a 0.69% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 60.76%, compared with 0.00% for JEDI.

What is the main difference between JEDI and USOY?

JEDI is categorized as Aerospace & Defense, while USOY is Derivative Income. Their fees differ too: 0.69% for JEDI and 1.22% for USOY.