LLYX vs. JEDI
LLYX (Defiance Daily Target 2X Long LLY ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - LLYX is a Leveraged Equities fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. LLYX is actively managed, while JEDI is passively managed. Their 0.05 correlation means their historical movements had little consistent relationship. LLYX charges 1.32%/yr vs 0.69%/yr for JEDI.
Performance
LLYX vs. JEDI - Performance Comparison
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Returns By Period
In the year-to-date period, LLYX achieves a -2.08% return, which is significantly lower than JEDI's -1.49% return.
LLYX
- 1D
- -1.03%
- 1M
- -11.52%
- 6M
- 7.08%
- YTD
- -2.08%
- 1Y
- 73.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.20%
JEDI
- 1D
- 1.06%
- 1M
- -16.81%
- 6M
- -13.40%
- YTD
- -1.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.62M | $4.06M | $7.20M | |
| $6.33M | $8.67M | $11.22M |
LLYX vs. JEDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LLYX Defiance Daily Target 2X Long LLY ETF | -2.08% | 113.26% |
JEDI Defiance Drone and Modern Warfare ETF | -1.49% | -3.42% |
Correlation
The correlation between LLYX and JEDI is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025 | 0.05 |
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Return for Risk
LLYX vs. JEDI — Risk / Return Rank
LLYX
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LLYX vs. JEDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long LLY ETF (LLYX) and Defiance Drone and Modern Warfare ETF (JEDI). 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.
| LLYX | JEDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | — | — |
| Martin ratioReturn relative to average drawdown | 4.21 | — | — |
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Drawdowns
LLYX vs. JEDI - Drawdown Comparison
The maximum LLYX drawdown since its inception was -67.98%, which is greater than JEDI's maximum drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for LLYX and JEDI.
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Drawdown Indicators
| LLYX | JEDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.98% | -48.21% | -19.77% |
Max Drawdown (1Y)Largest decline over 1 year | -47.36% | — | — |
Current DrawdownCurrent decline from peak | -15.27% | -43.64% | +28.37% |
Average DrawdownAverage peak-to-trough decline | -31.72% | -13.94% | -17.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.86% | — | — |
Volatility
LLYX vs. JEDI - Volatility Comparison
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Volatility by Period
| LLYX | JEDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.70% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 54.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 75.89% | 53.47% | +22.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.27% | 53.47% | +21.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.27% | 53.47% | +21.80% |
LLYX vs. JEDI - Expense Ratio Comparison
LLYX has a 1.32% expense ratio, which is higher than JEDI's 0.69% expense ratio.
Dividends
LLYX vs. JEDI - Dividend Comparison
LLYX's dividend yield for the trailing twelve months is around 2.82%, while JEDI has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
JEDI Defiance Drone and Modern Warfare ETF | 0.00% | 0.00% |
LLYX Defiance Daily Target 2X Long LLY ETF | 2.82% | 2.76% |
Frequently Asked Questions
LLYX and JEDI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEDI is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEDI is cheaper with a 0.69% expense ratio, compared with 1.32% for LLYX.
LLYX has the higher dividend yield at 2.82%, compared with 0.00% for JEDI.
LLYX is categorized as Leveraged Equities, while JEDI is Aerospace & Defense. Their fees differ too: 1.32% for LLYX and 0.69% for JEDI.
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