JEDI vs. WAR

Last updated Jun 4, 2026

JEDI (Defiance Drone & Modern Warfare ETF) and WAR (U.S. Global Technology and Aerospace & Defense ETF) are both Aerospace & Defense funds. JEDI is passively managed, while WAR is actively managed. A 0.66 correlation means they provide meaningful diversification when combined. JEDI charges 0.69%/yr vs 0.60%/yr for WAR.

Performance

JEDI vs. WAR - Performance Comparison

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

Returns By Period

JEDI

• 1D: -8.76%
• 1M: 33.56%
• YTD: 52.32%
• 6M: 62.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAR

• 1D: -1.92%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. WAR - Yearly Performance Comparison

	2026 (YTD)
JEDI Defiance Drone & Modern Warfare ETF	1.32%
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%

Correlation

The correlation between JEDI and WAR is 0.66, 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 May 27, 2026	0.66

Return for Risk

JEDI vs. WAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and U.S. Global Technology and Aerospace & Defense ETF (WAR). 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	WAR	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	5.18	-3.58

Drawdowns

JEDI vs. WAR - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, which is greater than WAR's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for JEDI and WAR.

Drawdown Indicators

	JEDI	WAR	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-1.92%	-19.75%
Current Drawdown Current decline from peak	-12.85%	-1.92%	-10.93%
Average Drawdown Average peak-to-trough decline	-9.16%	-0.88%	-8.28%

Volatility

Volatility by Period

	JEDI	WAR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	47.61%	42.90%	+4.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.61%	42.90%	+4.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.61%	42.90%	+4.71%

JEDI vs. WAR - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is higher than WAR's 0.60% expense ratio.

Dividends

JEDI vs. WAR - Dividend Comparison

Neither JEDI nor WAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JEDI and WAR in my portfolio?

JEDI and WAR have a correlation of 0.66, 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 WAR?

On fees, WAR is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEDI or WAR?

WAR is cheaper with a 0.60% expense ratio, compared with 0.69% for JEDI.

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

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

What is the main difference between JEDI and WAR?

Their fees differ too: 0.69% for JEDI and 0.60% for WAR.