JEDI vs. WDGF

Last updated Jun 4, 2026

JEDI (Defiance Drone & Modern Warfare ETF) and WDGF (WisdomTree Global Defense Fund) are both Aerospace & Defense funds - JEDI tracks the BITA Drone & Modern Warfare Select Index while WDGF tracks the WisdomTree Global Defense Index. Both are passively managed. A 0.77 correlation means they provide meaningful diversification when combined. JEDI charges 0.69%/yr vs 0.45%/yr for WDGF.

Performance

JEDI vs. WDGF - Performance Comparison

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

Returns By Period

In the year-to-date period, JEDI achieves a 52.32% return, which is significantly higher than WDGF's 3.03% return.

JEDI

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

WDGF

• 1D: -1.45%
• 1M: -3.36%
• YTD: 3.03%
• 6M: 8.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. WDGF - Yearly Performance Comparison

	2026 (YTD)	2025
JEDI Defiance Drone & Modern Warfare ETF	52.32%	-3.73%
WDGF WisdomTree Global Defense Fund	3.03%	-2.94%

Correlation

The correlation between JEDI and WDGF is 0.77, 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 Sep 29, 2025	0.77

Return for Risk

JEDI vs. WDGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and WisdomTree Global Defense Fund (WDGF). 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	WDGF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	0.17	+1.42

Drawdowns

JEDI vs. WDGF - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, which is greater than WDGF's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for JEDI and WDGF.

Drawdown Indicators

	JEDI	WDGF	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-14.36%	-7.31%
Current Drawdown Current decline from peak	-12.85%	-12.77%	-0.08%
Average Drawdown Average peak-to-trough decline	-9.16%	-5.46%	-3.70%

Volatility

Volatility by Period

	JEDI	WDGF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	47.61%	22.41%	+25.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.61%	22.41%	+25.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.61%	22.41%	+25.20%

JEDI vs. WDGF - Expense Ratio Comparison

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

Dividends

JEDI vs. WDGF - Dividend Comparison

JEDI has not paid dividends to shareholders, while WDGF's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025
JEDI Defiance Drone & Modern Warfare ETF	0.00%	0.00%
WDGF WisdomTree Global Defense Fund	0.05%	0.05%

Frequently Asked Questions

Can I hold both JEDI and WDGF in my portfolio?

JEDI and WDGF have a correlation of 0.77, 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 WDGF?

On fees, WDGF 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 WDGF?

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

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

WDGF has the higher dividend yield at 0.05%, compared with 0.00% for JEDI.

What is the main difference between JEDI and WDGF?

JEDI tracks BITA Drone & Modern Warfare Select Index, while WDGF tracks WisdomTree Global Defense Index. Their fees differ too: 0.69% for JEDI and 0.45% for WDGF.