Drone and Modern Warfare ETF

Frequently Asked Questions About JEDI

What does JEDI invest in?

The Drone and Modern Warfare ETF (JEDI) is designed to mirror the investment performance of the BITA Drone & Modern Warfare Select Index, prior to factoring in fees and expenses. This fund offers investors targeted access to companies at the forefront of modern defense. Its holdings primarily consist of firms engaged in areas such as military drones, artificial intelligence (AI) for warfare, military information technology, various unmanned systems, electronic and communication warfare, intelligence, surveillance, and reconnaissance (ISR), space and missile systems, military cybersecurity, and advanced robotics. Under normal market conditions, the fund allocates at least 80% of its net assets to companies within these specialized defense sectors.

What is the expense ratio of JEDI?

Drone and Modern Warfare ETF (JEDI) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JEDI?

Drone and Modern Warfare ETF (JEDI) manages $205.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is JEDI actively managed or an index fund?

JEDI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was JEDI launched?

Drone and Modern Warfare ETF (JEDI) launched in September 2025 and is managed by Defiance.

How has JEDI performed?

JEDI's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.