RIOX vs. JEDI
RIOX (Defiance Daily Target 2X Long RIOT ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - RIOX is a Leveraged Equities fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. RIOX is actively managed, while JEDI is passively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. RIOX charges 0.95%/yr vs 0.69%/yr for JEDI.
Performance
RIOX vs. JEDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RIOX achieves a 28.32% return, which is significantly higher than JEDI's -1.49% return.
RIOX
- 1D
- -17.51%
- 1M
- -27.36%
- 6M
- -6.06%
- YTD
- 28.32%
- 1Y
- 7.24%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -22.05%
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 | |
| $4.70M | $4.01M | $10.22M |
RIOX vs. JEDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RIOX Defiance Daily Target 2X Long RIOT ETF | 28.32% | -59.22% |
JEDI Defiance Drone and Modern Warfare ETF | -1.49% | -3.42% |
Correlation
The correlation between RIOX and JEDI is 0.51, 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 | 0.51 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RIOX vs. JEDI — Risk / Return Rank
RIOX
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RIOX vs. JEDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RIOT ETF (RIOX) 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.
| RIOX | JEDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | — | — |
| Martin ratioReturn relative to average drawdown | -0.58 | — | — |
Loading charts...
Drawdowns
RIOX vs. JEDI - Drawdown Comparison
The maximum RIOX drawdown since its inception was -84.40%, which is greater than JEDI's maximum drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for RIOX and JEDI.
Loading charts...
Drawdown Indicators
| RIOX | JEDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.40% | -48.21% | -36.19% |
Max Drawdown (1Y)Largest decline over 1 year | -84.40% | — | — |
Current DrawdownCurrent decline from peak | -69.19% | -43.64% | -25.55% |
Average DrawdownAverage peak-to-trough decline | -52.12% | -13.94% | -38.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.84% | — | — |
Volatility
RIOX vs. JEDI - Volatility Comparison
Loading charts...
Volatility by Period
| RIOX | JEDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 68.42% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 132.16% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 179.86% | 53.47% | +126.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 173.60% | 53.47% | +120.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 173.60% | 53.47% | +120.13% |
RIOX vs. JEDI - Expense Ratio Comparison
RIOX has a 0.95% expense ratio, which is higher than JEDI's 0.69% expense ratio.
Dividends
RIOX vs. JEDI - Dividend Comparison
RIOX's dividend yield for the trailing twelve months is around 47.35%, while JEDI has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
JEDI Defiance Drone and Modern Warfare ETF | 0.00% | 0.00% |
RIOX Defiance Daily Target 2X Long RIOT ETF | 47.35% | 60.76% |
Frequently Asked Questions
RIOX and JEDI have a correlation of 0.51, 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 0.95% for RIOX.
RIOX has the higher dividend yield at 47.35%, compared with 0.00% for JEDI.
RIOX is categorized as Leveraged Equities, while JEDI is Aerospace & Defense. Their fees differ too: 0.95% for RIOX and 0.69% for JEDI.
Find the right allocation for RIOX and JEDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer