JEDI vs. XDEF

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Drone & Modern Warfare ETF (JEDI) and Xtrackers Europe Defense Technologies ETF (XDEF).

JEDI and XDEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDEF is a passively managed fund by Xtrackers that tracks the performance of the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. It was launched on Feb 19, 2026. Both JEDI and XDEF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

JEDI vs. XDEF - Yearly Performance Comparison

	2026 (YTD)
JEDI Defiance Drone & Modern Warfare ETF	2.60%
XDEF Xtrackers Europe Defense Technologies ETF	-99.14%

Returns By Period

JEDI

• 1D: 8.11%
• 1M: -3.25%
• YTD: 5.39%
• 6M: -2.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDEF

• 1D: 5.06%
• 1M: -8.83%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. XDEF - Expense Ratio Comparison

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

JEDI

Defiance Drone & Modern Warfare ETF

XDEF

Xtrackers Europe Defense Technologies ETF

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	0.08	-0.49	+0.57

Correlation

The correlation between JEDI and XDEF is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JEDI vs. XDEF - Dividend Comparison

Neither JEDI nor XDEF has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

JEDI vs. XDEF - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, smaller than the maximum XDEF drawdown of -99.27%. 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%	-99.27%	+77.60%
Current Drawdown Current decline from peak	-15.31%	-99.23%	+83.92%
Average Drawdown Average peak-to-trough decline	-10.25%	-49.34%	+39.09%

Volatility

Volatility by Period

	JEDI	XDEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.92%	205.45%	-169.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.92%	205.45%	-169.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.92%	205.45%	-169.53%