JEDI vs. XHLF

Last updated Jul 18, 2026

JEDI (Defiance Drone and Modern Warfare ETF) and XHLF (BondBloxx Bloomberg Six Month Target Duration US Treasury ETF) are both exchange-traded funds - JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index, while XHLF is a Government Bonds fund tracking the Bloomberg US Treasury 6 Month Duration Index. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. JEDI charges 0.69%/yr vs 0.03%/yr for XHLF.

Performance

JEDI vs. XHLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone and Modern Warfare ETF (JEDI) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEDI achieves a -4.49% return, which is significantly lower than XHLF's 1.82% return.

JEDI

• 1D: -0.17%
• 1M: -24.98%
• 6M: -23.26%
• YTD: -4.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XHLF

• 1D: 0.02%
• 1M: 0.32%
• 6M: 1.68%
• YTD: 1.82%
• 1Y: 3.85%
• 3Y*: 4.58%
• 5Y*: —
• 10Y*: —

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

JEDI vs. XHLF - Yearly Performance Comparison

	2026 (YTD)	2025
JEDI Defiance Drone and Modern Warfare ETF	-4.49%	-3.42%
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF	1.82%	1.06%

Correlation

The correlation between JEDI and XHLF is -0.02, 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	-0.02

Return for Risk

JEDI vs. XHLF — 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.

XHLF

XHLF Risk / Return Rank: 100
XHLF Sharpe Ratio Rank: 100
XHLF Sortino Ratio Rank: 100
XHLF Omega Ratio Rank: 100
XHLF Calmar Ratio Rank: 100
XHLF Martin Ratio Rank: 100

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. XHLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone and Modern Warfare ETF (JEDI) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF). 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	XHLF	Difference
Sharpe ratio: Return per unit of total volatility	—	11.99	—
Sortino ratio: Return per unit of downside risk	—	43.56	—
Omega ratio: Gain probability vs. loss probability	—	10.75	—
Calmar ratio: Return relative to maximum drawdown	—	97.08	—
Martin ratio: Return relative to average drawdown	—	640.50	—

Drawdowns

JEDI vs. XHLF - Drawdown Comparison

The maximum JEDI drawdown since its inception was -45.36%, which is greater than XHLF's maximum drawdown of -0.11%. Use the drawdown chart below to compare losses from any high point for JEDI and XHLF.

Drawdown Indicators

	JEDI	XHLF	Difference
Max Drawdown Largest peak-to-trough decline	-45.36%	-0.11%	-45.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Current Drawdown Current decline from peak	-45.36%	0.00%	-45.36%
Average Drawdown Average peak-to-trough decline	-12.49%	-0.01%	-12.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	JEDI	XHLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.24%	0.32%	+51.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.24%	0.42%	+51.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.24%	0.42%	+51.82%

JEDI vs. XHLF - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is higher than XHLF's 0.03% expense ratio.

Dividends

JEDI vs. XHLF - Dividend Comparison

JEDI has not paid dividends to shareholders, while XHLF's dividend yield for the trailing twelve months is around 3.82%.

Position	TTM	2025	2024	2023	2022
JEDI Defiance Drone and Modern Warfare ETF	0.00%	0.00%	0.00%	0.00%	0.00%
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF	3.82%	3.98%	4.96%	4.50%	0.86%

Frequently Asked Questions

Can I hold both JEDI and XHLF in my portfolio?

JEDI and XHLF have a correlation of -0.02, 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 XHLF?

On fees, XHLF is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEDI or XHLF?

XHLF is cheaper with a 0.03% expense ratio, compared with 0.69% for JEDI.

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

XHLF has the higher dividend yield at 3.82%, compared with 0.00% for JEDI.

What is the main difference between JEDI and XHLF?

JEDI is categorized as Aerospace & Defense, while XHLF is Government Bonds. JEDI tracks BITA Drone & Modern Warfare Select Index, while XHLF tracks Bloomberg US Treasury 6 Month Duration Index. They also come from different issuers: Defiance and BondBloxx. Their fees differ too: 0.69% for JEDI and 0.03% for XHLF.