UFOX vs. JEDI

Last updated Jul 14, 2026

UFOX (Defiance Connective Technologies ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - UFOX is a Technology Equities fund tracking the BlueStar Connective Technologies Index, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. Both are passively managed. A 0.65 correlation means they provide meaningful diversification when combined. UFOX charges 0.30%/yr vs 0.69%/yr for JEDI.

Performance

UFOX vs. JEDI - Performance Comparison

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

Returns By Period

In the year-to-date period, UFOX achieves a 35.45% return, which is significantly higher than JEDI's 1.27% return.

UFOX

• 1D: -3.14%
• 1M: -9.07%
• 6M: 31.10%
• YTD: 35.45%
• 1Y: 65.37%
• 3Y*: 38.08%
• 5Y*: 19.36%
• 10Y*: —

JEDI

• 1D: -3.83%
• 1M: -22.66%
• 6M: -16.39%
• YTD: 1.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UFOX vs. JEDI - Yearly Performance Comparison

	2026 (YTD)	2025
UFOX Defiance Connective Technologies ETF	35.45%	3.93%
JEDI Defiance Drone and Modern Warfare ETF	1.27%	-3.42%

Correlation

The correlation between UFOX and JEDI is 0.65, 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 Sep 26, 2025	0.65

Return for Risk

UFOX vs. JEDI — Risk / Return Rank

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

UFOX

UFOX Risk / Return Rank: 81
UFOX Sharpe Ratio Rank: 87
UFOX Sortino Ratio Rank: 79
UFOX Omega Ratio Rank: 77
UFOX Calmar Ratio Rank: 82
UFOX Martin Ratio Rank: 82

JEDI

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

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.

UFOX vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Connective Technologies ETF (UFOX) 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.

	UFOX	JEDI	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	2.79	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.50	—	—
Martin ratio: Return relative to average drawdown	12.65	—	—

Drawdowns

UFOX vs. JEDI - Drawdown Comparison

The maximum UFOX drawdown since its inception was -33.90%, smaller than the maximum JEDI drawdown of -42.06%. Use the drawdown chart below to compare losses from any high point for UFOX and JEDI.

Drawdown Indicators

	UFOX	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-33.90%	-42.06%	+8.16%
Max Drawdown (1Y) Largest decline over 1 year	-18.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	—	—
Current Drawdown Current decline from peak	-18.80%	-42.06%	+23.26%
Average Drawdown Average peak-to-trough decline	-9.07%	-11.87%	+2.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	—	—

Volatility

Volatility by Period

	UFOX	JEDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.62%	52.15%	-22.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.52%	52.15%	-26.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.68%	52.15%	-26.47%

UFOX vs. JEDI - Expense Ratio Comparison

UFOX has a 0.30% expense ratio, which is lower than JEDI's 0.69% expense ratio.

Dividends

UFOX vs. JEDI - Dividend Comparison

UFOX's dividend yield for the trailing twelve months is around 0.44%, while JEDI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
JEDI Defiance Drone and Modern Warfare ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UFOX Defiance Connective Technologies ETF	0.44%	0.56%	0.79%	1.40%	1.63%	1.17%	0.99%	0.75%

Frequently Asked Questions

Can I hold both UFOX and JEDI in my portfolio?

UFOX and JEDI have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UFOX or JEDI?

On fees, UFOX is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UFOX or JEDI?

UFOX is cheaper with a 0.30% expense ratio, compared with 0.69% for JEDI.

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

UFOX has the higher dividend yield at 0.44%, compared with 0.00% for JEDI.

What is the main difference between UFOX and JEDI?

UFOX is categorized as Technology Equities, while JEDI is Aerospace & Defense. UFOX tracks BlueStar Connective Technologies Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 0.30% for UFOX and 0.69% for JEDI.