PLTZ vs. JEDI
PLTZ (Defiance Daily Target 2X Short PLTR ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - PLTZ is a Inverse Equities fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. PLTZ is actively managed, while JEDI is passively managed. At a correlation of -0.49, they often move in opposite directions. PLTZ charges 1.29%/yr vs 0.69%/yr for JEDI.
Performance
PLTZ vs. JEDI - Performance Comparison
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Returns By Period
In the year-to-date period, PLTZ achieves a 20.05% return, which is significantly higher than JEDI's 5.31% return.
PLTZ
- 1D
- 3.51%
- 1M
- -5.67%
- 6M
- 21.92%
- YTD
- 20.05%
- 1Y
- -43.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDI
- 1D
- -3.58%
- 1M
- -19.57%
- 6M
- -11.31%
- YTD
- 5.31%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTZ vs. JEDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLTZ Defiance Daily Target 2X Short PLTR ETF | 20.05% | -16.59% |
JEDI Defiance Drone and Modern Warfare ETF | 5.31% | -3.42% |
Correlation
The correlation between PLTZ and JEDI is -0.49, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025 | -0.49 |
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Return for Risk
PLTZ vs. JEDI — Risk / Return Rank
PLTZ
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PLTZ vs. JEDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short PLTR ETF (PLTZ) 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.
| PLTZ | JEDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.99 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | — | — |
| Martin ratioReturn relative to average drawdown | -1.02 | — | — |
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Drawdowns
PLTZ vs. JEDI - Drawdown Comparison
The maximum PLTZ drawdown since its inception was -72.51%, which is greater than JEDI's maximum drawdown of -39.75%. Use the drawdown chart below to compare losses from any high point for PLTZ and JEDI.
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Drawdown Indicators
| PLTZ | JEDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.51% | -39.75% | -32.76% |
Max Drawdown (1Y)Largest decline over 1 year | -61.05% | — | — |
Current DrawdownCurrent decline from peak | -60.47% | -39.75% | -20.72% |
Average DrawdownAverage peak-to-trough decline | -55.68% | -11.72% | -43.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.10% | — | — |
Volatility
PLTZ vs. JEDI - Volatility Comparison
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Volatility by Period
| PLTZ | JEDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.35% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 78.60% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 103.02% | 52.09% | +50.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.59% | 52.09% | +50.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.59% | 52.09% | +50.50% |
PLTZ vs. JEDI - Expense Ratio Comparison
PLTZ has a 1.29% expense ratio, which is higher than JEDI's 0.69% expense ratio.
Dividends
PLTZ vs. JEDI - Dividend Comparison
Neither PLTZ nor JEDI has paid dividends to shareholders.
Frequently Asked Questions
PLTZ and JEDI have a correlation of -0.49, 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 1.29% for PLTZ.
PLTZ and JEDI have nearly identical dividend yields, around 0.00%.
PLTZ is categorized as Inverse Equities, while JEDI is Aerospace & Defense. Their fees differ too: 1.29% for PLTZ and 0.69% for JEDI.
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