MNVT vs. JEDI

Last updated Jun 6, 2026

MNVT (Moonvest ETF) and JEDI (Defiance Drone & Modern Warfare ETF) are both exchange-traded funds - MNVT is a Global Equities fund actively managed by Moonvest, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. MNVT is actively managed, while JEDI is passively managed. A 0.72 correlation means they provide meaningful diversification when combined. MNVT charges 0.75%/yr vs 0.69%/yr for JEDI.

Performance

MNVT vs. JEDI - Performance Comparison

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

Returns By Period

MNVT

• 1D: -8.13%
• 1M: 7.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -11.78%
• 1M: 26.24%
• YTD: 40.95%
• 6M: 47.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MNVT vs. JEDI - Yearly Performance Comparison

	2026 (YTD)
MNVT Moonvest ETF	23.95%
JEDI Defiance Drone & Modern Warfare ETF	26.28%

Correlation

The correlation between MNVT and JEDI is 0.72, 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 Mar 19, 2026	0.72

Return for Risk

MNVT vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Moonvest ETF (MNVT) and Defiance Drone & 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MNVT	JEDI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.46	1.13	+2.34

Drawdowns

MNVT vs. JEDI - Drawdown Comparison

The maximum MNVT drawdown since its inception was -12.56%, smaller than the maximum JEDI drawdown of -21.67%. Use the drawdown chart below to compare losses from any high point for MNVT and JEDI.

Drawdown Indicators

	MNVT	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-12.56%	-21.67%	+9.11%
Current Drawdown Current decline from peak	-12.18%	-19.35%	+7.17%
Average Drawdown Average peak-to-trough decline	-3.52%	-9.21%	+5.69%

Volatility

Volatility by Period

	MNVT	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	48.76%	49.84%	-1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.76%	49.84%	-1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.76%	49.84%	-1.08%

MNVT vs. JEDI - Expense Ratio Comparison

MNVT has a 0.75% expense ratio, which is higher than JEDI's 0.69% expense ratio.

Dividends

MNVT vs. JEDI - Dividend Comparison

Neither MNVT nor JEDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MNVT and JEDI in my portfolio?

MNVT and JEDI have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MNVT or JEDI?

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.

Which ETF is cheaper, MNVT or JEDI?

JEDI is cheaper with a 0.69% expense ratio, compared with 0.75% for MNVT.

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

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

What is the main difference between MNVT and JEDI?

MNVT is categorized as Global Equities, while JEDI is Aerospace & Defense. Their fees differ too: 0.75% for MNVT and 0.69% for JEDI.