WDAF vs. JEDI

Last updated Jun 24, 2026

WDAF (WisdomTree Asia Defense Fund) and JEDI (Defiance Drone & Modern Warfare ETF) are both Aerospace & Defense funds - WDAF tracks the WisdomTree Asia Defense Index while JEDI tracks the BITA Drone & Modern Warfare Select Index. Both are passively managed. At a 0.44 correlation, their price movements are largely independent. WDAF charges 0.45%/yr vs 0.69%/yr for JEDI.

Performance

WDAF vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Asia Defense Fund (WDAF) 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, WDAF achieves a 10.54% return, which is significantly lower than JEDI's 16.35% return.

WDAF

• 1D: -5.17%
• 1M: -7.02%
• YTD: 10.54%
• 6M: 9.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -3.02%
• 1M: -16.28%
• YTD: 16.35%
• 6M: 12.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WDAF vs. JEDI - Yearly Performance Comparison

	2026 (YTD)	2025
WDAF WisdomTree Asia Defense Fund	10.54%	-7.73%
JEDI Defiance Drone & Modern Warfare ETF	16.35%	-3.42%

Correlation

The correlation between WDAF and JEDI is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	0.44

Return for Risk

WDAF vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.

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.

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

Drawdowns

WDAF vs. JEDI - Drawdown Comparison

The maximum WDAF drawdown since its inception was -20.11%, smaller than the maximum JEDI drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for WDAF and JEDI.

Drawdown Indicators

	WDAF	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-20.11%	-33.43%	+13.32%
Current Drawdown Current decline from peak	-17.04%	-33.43%	+16.39%
Average Drawdown Average peak-to-trough decline	-6.70%	-10.15%	+3.45%

Volatility

Volatility by Period

	WDAF	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.59%	51.52%	-18.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.59%	51.52%	-18.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.59%	51.52%	-18.93%

WDAF vs. JEDI - Expense Ratio Comparison

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

Dividends

WDAF vs. JEDI - Dividend Comparison

WDAF's dividend yield for the trailing twelve months is around 0.12%, while JEDI has not paid dividends to shareholders.

Position	TTM	2025
JEDI Defiance Drone & Modern Warfare ETF	0.00%	0.00%
WDAF WisdomTree Asia Defense Fund	0.12%	0.13%

Frequently Asked Questions

Can I hold both WDAF and JEDI in my portfolio?

WDAF and JEDI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDAF or JEDI?

On fees, WDAF 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, WDAF or JEDI?

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

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

WDAF has the higher dividend yield at 0.12%, compared with 0.00% for JEDI.

What is the main difference between WDAF and JEDI?

WDAF tracks WisdomTree Asia Defense Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 0.45% for WDAF and 0.69% for JEDI.