YBMN vs. JEDI

Last updated Jul 17, 2026

YBMN (Defiance BMNR Option Income ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - YBMN is a Derivative Income fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. YBMN is actively managed, while JEDI is passively managed. A 0.53 correlation means they provide meaningful diversification when combined. YBMN charges 0.85%/yr vs 0.69%/yr for JEDI.

Performance

YBMN vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance BMNR Option Income ETF (YBMN) 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, YBMN achieves a -31.09% return, which is significantly lower than JEDI's -4.33% return.

YBMN

• 1D: -1.45%
• 1M: -2.41%
• 6M: -40.29%
• YTD: -31.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -6.45%
• 1M: -24.78%
• 6M: -21.69%
• YTD: -4.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YBMN vs. JEDI - Yearly Performance Comparison

	2026 (YTD)	2025
YBMN Defiance BMNR Option Income ETF	-31.09%	-6.74%
JEDI Defiance Drone and Modern Warfare ETF	-4.33%	8.35%

Correlation

The correlation between YBMN and JEDI is 0.53, 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 Nov 25, 2025	0.53

Return for Risk

YBMN vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance BMNR Option Income ETF (YBMN) 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.

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

Drawdowns

YBMN vs. JEDI - Drawdown Comparison

The maximum YBMN drawdown since its inception was -57.03%, which is greater than JEDI's maximum drawdown of -45.26%. Use the drawdown chart below to compare losses from any high point for YBMN and JEDI.

Drawdown Indicators

	YBMN	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-57.03%	-45.26%	-11.77%
Current Drawdown Current decline from peak	-49.68%	-45.26%	-4.42%
Average Drawdown Average peak-to-trough decline	-34.44%	-12.33%	-22.11%

Volatility

Volatility by Period

	YBMN	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	78.73%	52.37%	+26.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.73%	52.37%	+26.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.73%	52.37%	+26.36%

YBMN vs. JEDI - Expense Ratio Comparison

YBMN has a 0.85% expense ratio, which is higher than JEDI's 0.69% expense ratio.

Dividends

YBMN vs. JEDI - Dividend Comparison

YBMN's dividend yield for the trailing twelve months is around 58.27%, while JEDI has not paid dividends to shareholders.

Position	TTM	2025
JEDI Defiance Drone and Modern Warfare ETF	0.00%	0.00%
YBMN Defiance BMNR Option Income ETF	58.27%	6.80%

Frequently Asked Questions

Can I hold both YBMN and JEDI in my portfolio?

YBMN and JEDI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YBMN 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, YBMN or JEDI?

JEDI is cheaper with a 0.69% expense ratio, compared with 0.85% for YBMN.

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

YBMN has the higher dividend yield at 58.27%, compared with 0.00% for JEDI.

What is the main difference between YBMN and JEDI?

YBMN is categorized as Derivative Income, while JEDI is Aerospace & Defense. Their fees differ too: 0.85% for YBMN and 0.69% for JEDI.