ROKT vs. JEDI

Last updated Jun 5, 2026

ROKT (SPDR S&P Kensho Final Frontiers ETF) and JEDI (Defiance Drone & Modern Warfare ETF) are both exchange-traded funds - ROKT is a Industrials Equities fund tracking the S&P Kensho Final Frontiers Index, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. ROKT charges 0.45%/yr vs 0.69%/yr for JEDI.

Performance

ROKT vs. JEDI - Performance Comparison

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

Returns By Period

In the year-to-date period, ROKT achieves a 50.15% return, which is significantly lower than JEDI's 59.78% return.

ROKT

• 1D: 2.46%
• 1M: 15.98%
• YTD: 50.15%
• 6M: 59.32%
• 1Y: 116.27%
• 3Y*: 46.53%
• 5Y*: 25.29%
• 10Y*: —

JEDI

• 1D: 4.90%
• 1M: 42.42%
• YTD: 59.78%
• 6M: 64.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROKT vs. JEDI - Yearly Performance Comparison

	2026 (YTD)	2025
ROKT SPDR S&P Kensho Final Frontiers ETF	50.15%	13.76%
JEDI Defiance Drone & Modern Warfare ETF	59.78%	-3.73%

Correlation

The correlation between ROKT and JEDI is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.87

Return for Risk

ROKT vs. JEDI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROKT

ROKT Risk / Return Rank: 94
ROKT Sharpe Ratio Rank: 96
ROKT Sortino Ratio Rank: 93
ROKT Omega Ratio Rank: 91
ROKT Calmar Ratio Rank: 97
ROKT Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROKT vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) 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.

	ROKT	JEDI	Difference
Sharpe ratio: Return per unit of total volatility	4.04	—	—
Sortino ratio: Return per unit of downside risk	4.61	—	—
Omega ratio: Gain probability vs. loss probability	1.59	—	—
Calmar ratio: Return relative to maximum drawdown	10.26	—	—
Martin ratio: Return relative to average drawdown	37.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ROKT	JEDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.04	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	1.85	-0.97

Drawdowns

ROKT vs. JEDI - Drawdown Comparison

The maximum ROKT drawdown since its inception was -43.16%, which is greater than JEDI's maximum drawdown of -21.67%. Use the drawdown chart below to compare losses from any high point for ROKT and JEDI.

Drawdown Indicators

	ROKT	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-43.16%	-21.67%	-21.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	—	—
Current Drawdown Current decline from peak	-6.58%	-8.58%	+2.00%
Average Drawdown Average peak-to-trough decline	-6.75%	-9.15%	+2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	—	—

Volatility

Volatility by Period

	ROKT	JEDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.95%	47.80%	-18.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	47.80%	-25.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.15%	47.80%	-22.65%

ROKT vs. JEDI - Expense Ratio Comparison

ROKT has a 0.45% expense ratio, which is lower than JEDI's 0.69% expense ratio.

Dividends

ROKT vs. JEDI - Dividend Comparison

ROKT's dividend yield for the trailing twelve months is around 0.26%, while JEDI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JEDI Defiance Drone & Modern Warfare ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.26%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%

Frequently Asked Questions

Can I hold both ROKT and JEDI in my portfolio?

ROKT and JEDI have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROKT or JEDI?

On fees, ROKT is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROKT or JEDI?

ROKT is cheaper with a 0.45% expense ratio, compared with 0.69% for JEDI.

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

ROKT has the higher dividend yield at 0.26%, compared with 0.00% for JEDI.

What is the main difference between ROKT and JEDI?

ROKT is categorized as Industrials Equities, while JEDI is Aerospace & Defense. ROKT tracks S&P Kensho Final Frontiers Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 0.45% for ROKT and 0.69% for JEDI.