JEDI vs. XDEF

Last updated Jun 4, 2026

JEDI (Defiance Drone & Modern Warfare ETF) and XDEF (Xtrackers Europe Defense Technologies ETF) are both Aerospace & Defense funds - JEDI tracks the BITA Drone & Modern Warfare Select Index while XDEF tracks the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. Both are passively managed. At a 0.46 correlation, their price movements are largely independent. JEDI charges 0.69%/yr vs 0.35%/yr for XDEF.

Performance

JEDI vs. XDEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone & Modern Warfare ETF (JEDI) and Xtrackers Europe Defense Technologies ETF (XDEF). 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*: —

XDEF

• 1D: -2.06%
• 1M: -2.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. XDEF - Yearly Performance Comparison

	2026 (YTD)
JEDI Defiance Drone & Modern Warfare ETF	48.29%
XDEF Xtrackers Europe Defense Technologies ETF	-99.17%

Correlation

The correlation between JEDI and XDEF is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026	0.46

Return for Risk

JEDI vs. XDEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) and Xtrackers Europe Defense Technologies ETF (XDEF). 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	XDEF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	-0.64	+2.23

Drawdowns

JEDI vs. XDEF - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, smaller than the maximum XDEF drawdown of -99.30%. Use the drawdown chart below to compare losses from any high point for JEDI and XDEF.

Drawdown Indicators

	JEDI	XDEF	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-99.30%	+77.63%
Current Drawdown Current decline from peak	-12.85%	-99.26%	+86.41%
Average Drawdown Average peak-to-trough decline	-9.16%	-70.45%	+61.29%

Volatility

Volatility by Period

	JEDI	XDEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	47.61%	157.63%	-110.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.61%	157.63%	-110.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.61%	157.63%	-110.02%

JEDI vs. XDEF - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is higher than XDEF's 0.35% expense ratio.

Dividends

JEDI vs. XDEF - Dividend Comparison

Neither JEDI nor XDEF has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JEDI and XDEF in my portfolio?

JEDI and XDEF have a correlation of 0.46, 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 XDEF?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEDI or XDEF?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.69% for JEDI.

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

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

What is the main difference between JEDI and XDEF?

JEDI tracks BITA Drone & Modern Warfare Select Index, while XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. Their fees differ too: 0.69% for JEDI and 0.35% for XDEF.