Defiance Drone and Modern Warfare ETF (JEDI) Performance
JEDI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −15.4% since Dec 31, 2025
- 1 year
- −22.0% total return
- Since first price
- −18.5% since 2025
JEDI trailing returns vs SPY, QQQ, AGG
| Period | JEDI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −20.9% | −20.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −18.3% | −18.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −30.1% | −30.1% | +7.8% | +8.4% | −1.5% |
| YTD | −15.4% | −15.4% | +12.3% | +15.1% | −1.0% |
| 1 year | −22.0% | −22.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 26, 2025 | −18.5% | −18.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: JEDI vs SPY
From Sep 26, 2025: JEDI grew to $8,147, SPY to $11,607.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JEDI returns by calendar year
2026 is year to date.
JEDI annual returns table
| Year | JEDI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −15.4% | −52.5% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
JEDI largest drawdowns
Now 51.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 28, 2026 | −52.5% | Oct 22, 2026 | not yet | 5 months | 5 months so far |
| Jan 16, 2026 | −21.7% | Mar 30, 2026 | Apr 16, 2026 | 2 months | 3 months |
| Oct 8, 2025 | −20.8% | Nov 21, 2025 | Jan 9, 2026 | 44 days | 3 months |
| Apr 22, 2026 | −14.5% | Apr 29, 2026 | May 14, 2026 | 7 days | 22 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JEDI risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −4.0% |
| Volatility (annualized) | 68.8% |
| Sharpe ratio | 0.18 |
| Sortino ratio | 0.32 |
| Best month | +49.8% |
| Worst month | −30.8% |
| Best 12 months | −4.0% |
| Worst 12 months | −4.0% |
| Positive months | 42% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
JEDI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | −21.3% | −12.6% | −4.0% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
JEDI performance overview
Defiance Drone and Modern Warfare ETF (JEDI) returned −22.0% over the past year, with distributions reinvested. Since its first recorded price on Sep 26, 2025 it has returned −18.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −52.5%, from May 28, 2026 to Oct 22, 2026; the fund has not yet regained that high. Volatility has been 68.8% a year.
Related: JEDI chart, JEDI holdings. See the JEDI overview for the latest quote and fund facts.
JEDI performance FAQ
What is the JEDI return over the past year?
JEDI returned −22.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 22.0%.
How much would $10,000 invested in JEDI be worth?
$10,000 invested in JEDI at its first recorded close on September 26, 2025 would be worth about $8,147 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of JEDI?
The largest peak-to-trough decline was −52.5% between May 28, 2026 and October 22, 2026. It has not yet recovered to that high; it is 51.6% below its peak.
How volatile is JEDI?
Over the past history JEDI had an annualized volatility of 68.8% and a Sharpe ratio of 0.18 (excess return over 1–3 month T-bills per unit of risk).