QTUM vs. JEDI
QTUM (Defiance Quantum ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. Both are passively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. QTUM charges 0.40%/yr vs 0.69%/yr for JEDI.
Performance
QTUM vs. JEDI - Performance Comparison
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Returns By Period
In the year-to-date period, QTUM achieves a 33.62% return, which is significantly higher than JEDI's 4.94% return.
QTUM
- 1D
- 3.36%
- 1M
- -5.82%
- 6M
- 25.52%
- YTD
- 33.62%
- 1Y
- 63.01%
- 3Y*
- 42.90%
- 5Y*
- 25.08%
- 10Y*
- —
- ALL TIME*
- 26.11%
JEDI
- 1D
- 6.52%
- 1M
- -11.38%
- 6M
- -5.91%
- YTD
- 4.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.72M | $3.86M | $7.29M | |
| $54.81M | $58.16M | $111.60M |
QTUM vs. JEDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QTUM Defiance Quantum ETF | 33.62% | 4.91% |
JEDI Defiance Drone and Modern Warfare ETF | 4.94% | -3.42% |
Correlation
The correlation between QTUM and JEDI is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025 | 0.60 |
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Return for Risk
QTUM vs. JEDI — Risk / Return Rank
QTUM
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTUM vs. JEDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) 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.
| QTUM | JEDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | — | — |
| Martin ratioReturn relative to average drawdown | 10.67 | — | — |
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Drawdowns
QTUM vs. JEDI - Drawdown Comparison
The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum JEDI drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for QTUM and JEDI.
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Drawdown Indicators
| QTUM | JEDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.45% | -48.21% | +9.76% |
Max Drawdown (1Y)Largest decline over 1 year | -21.51% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.45% | — | — |
Current DrawdownCurrent decline from peak | -13.35% | -39.96% | +26.61% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -14.06% | +5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.92% | — | — |
Volatility
QTUM vs. JEDI - Volatility Comparison
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Volatility by Period
| QTUM | JEDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 26.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.77% | 53.81% | -22.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.74% | 53.81% | -26.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.70% | 53.81% | -26.11% |
QTUM vs. JEDI - Expense Ratio Comparison
QTUM has a 0.40% expense ratio, which is lower than JEDI's 0.69% expense ratio.
Dividends
QTUM vs. JEDI - Dividend Comparison
QTUM's dividend yield for the trailing twelve months is around 0.81%, while JEDI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
JEDI Defiance Drone and Modern Warfare ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QTUM Defiance Quantum ETF | 0.81% | 1.01% | 0.61% | 0.81% | 1.46% | 0.48% | 0.42% | 0.61% | 0.21% |
Frequently Asked Questions
QTUM and JEDI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QTUM is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QTUM is cheaper with a 0.40% expense ratio, compared with 0.69% for JEDI.
QTUM has the higher dividend yield at 0.81%, compared with 0.00% for JEDI.
QTUM is categorized as Technology Equities, while JEDI is Aerospace & Defense. QTUM tracks BlueStar Machine Learning and Quantum Computing Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 0.40% for QTUM and 0.69% for JEDI.
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