USOY vs. JEDI

Last updated Jul 15, 2026

USOY (Defiance Oil Enhanced Options Income ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - USOY is a Derivative Income fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. USOY is actively managed, while JEDI is passively managed. At a correlation of -0.06, they often move in opposite directions. USOY charges 1.22%/yr vs 0.69%/yr for JEDI.

Performance

USOY vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Oil Enhanced Options Income ETF (USOY) 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, USOY achieves a 43.95% return, which is significantly higher than JEDI's 3.87% return.

USOY

• 1D: 1.56%
• 1M: -3.68%
• 6M: 39.99%
• YTD: 43.95%
• 1Y: 35.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: 2.56%
• 1M: -20.67%
• 6M: -13.86%
• YTD: 3.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USOY vs. JEDI - Yearly Performance Comparison

	2026 (YTD)	2025
USOY Defiance Oil Enhanced Options Income ETF	43.95%	-7.07%
JEDI Defiance Drone and Modern Warfare ETF	3.87%	-3.42%

Correlation

The correlation between USOY and JEDI is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	-0.06

Return for Risk

USOY vs. JEDI — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 37
USOY Sharpe Ratio Rank: 38
USOY Sortino Ratio Rank: 36
USOY Omega Ratio Rank: 40
USOY Calmar Ratio Rank: 34
USOY Martin Ratio Rank: 36

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.

USOY vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Oil Enhanced Options Income ETF (USOY) 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.

	USOY	JEDI	Difference
Sharpe ratio: Return per unit of total volatility	1.12	—	—
Sortino ratio: Return per unit of downside risk	1.56	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.42	—	—
Martin ratio: Return relative to average drawdown	4.33	—	—

Drawdowns

USOY vs. JEDI - Drawdown Comparison

The maximum USOY drawdown since its inception was -25.51%, smaller than the maximum JEDI drawdown of -42.06%. Use the drawdown chart below to compare losses from any high point for USOY and JEDI.

Drawdown Indicators

	USOY	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-25.51%	-42.06%	+16.55%
Max Drawdown (1Y) Largest decline over 1 year	-25.51%	—	—
Current Drawdown Current decline from peak	-15.77%	-40.57%	+24.80%
Average Drawdown Average peak-to-trough decline	-7.04%	-12.02%	+4.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.33%	—	—

Volatility

Volatility by Period

	USOY	JEDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.39%	52.09%	-19.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.10%	52.09%	-24.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.10%	52.09%	-24.99%

USOY vs. JEDI - Expense Ratio Comparison

USOY has a 1.22% expense ratio, which is higher than JEDI's 0.69% expense ratio.

Dividends

USOY vs. JEDI - Dividend Comparison

USOY's dividend yield for the trailing twelve months is around 60.76%, while JEDI has not paid dividends to shareholders.

Position	TTM	2025	2024
JEDI Defiance Drone and Modern Warfare ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	60.76%	104.32%	48.60%

Frequently Asked Questions

Can I hold both USOY and JEDI in my portfolio?

USOY and JEDI have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USOY or JEDI?

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.

Which ETF is cheaper, USOY or JEDI?

JEDI is cheaper with a 0.69% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 60.76%, compared with 0.00% for JEDI.

What is the main difference between USOY and JEDI?

USOY is categorized as Derivative Income, while JEDI is Aerospace & Defense. Their fees differ too: 1.22% for USOY and 0.69% for JEDI.