XDEF vs. JEDI

Last updated Jun 4, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and JEDI (Defiance Drone & Modern Warfare ETF) are both Aerospace & Defense funds - XDEF tracks the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index while JEDI tracks the BITA Drone & Modern Warfare Select Index. Both are passively managed. At a 0.46 correlation, their price movements are largely independent. XDEF charges 0.35%/yr vs 0.69%/yr for JEDI.

Performance

XDEF vs. JEDI - Performance Comparison

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

Returns By Period

XDEF

• 1D: -2.06%
• 1M: -2.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -8.76%
• 1M: 33.56%
• YTD: 52.32%
• 6M: 62.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDEF vs. JEDI - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-99.17%
JEDI Defiance Drone & Modern Warfare ETF	48.29%

Correlation

The correlation between XDEF and JEDI is 0.46, 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 Jan 5, 2026	0.46

Return for Risk

XDEF vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) 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.

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

Sharpe Ratios by Period

	XDEF	JEDI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	1.60	-2.23

Drawdowns

XDEF vs. JEDI - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than JEDI's maximum drawdown of -21.67%. Use the drawdown chart below to compare losses from any high point for XDEF and JEDI.

Drawdown Indicators

	XDEF	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-21.67%	-77.63%
Current Drawdown Current decline from peak	-99.26%	-12.85%	-86.41%
Average Drawdown Average peak-to-trough decline	-70.45%	-9.16%	-61.29%

Volatility

Volatility by Period

	XDEF	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	157.63%	47.61%	+110.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.63%	47.61%	+110.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.63%	47.61%	+110.02%

XDEF vs. JEDI - Expense Ratio Comparison

XDEF has a 0.35% expense ratio, which is lower than JEDI's 0.69% expense ratio.

Dividends

XDEF vs. JEDI - Dividend Comparison

Neither XDEF nor JEDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDEF and JEDI in my portfolio?

XDEF and JEDI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEF or JEDI?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEF or JEDI?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.69% for JEDI.

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

XDEF and JEDI have nearly identical dividend yields, around 0.00%.

What is the main difference between XDEF and JEDI?

XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 0.35% for XDEF and 0.69% for JEDI.