Key stats
About Defiance Drone and Modern Warfare ETF
Home page
Inception date
Sep 25, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Defiance ETFs LLC
Distributor
Foreside Fund Services LLC
ISIN
US26922B3942
JEDI is passively managed, providing targeted exposure to pure-play companies from developed markets that are tied to defense tech. Investments focus on firms leading innovation in next-gen defense technologies, including AI-driven warfare, unmanned systems, electronic and communication warfare, intelligence and surveillance, space warfare, military cybersecurity, and robotics. Eligible companies must generate at least 50% of their revenue from these sectors and pass liquidity screens. Constituents are weighted by free-float market capitalization but are capped at 10% per stock and 45% total weight for companies exceeding 5%. Index rebalancing and reconstitution occur semi-annually. The fund may engage in securities lending.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JEDI trades at 26.87 USD today, its price has risen 1.58% in the past 24 hours. Track more dynamics on JEDI price chart.
JEDI net asset value is 26.35 today — it's risen 1.51% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JEDI assets under management is 3.89 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JEDI fund flows account for 3.83 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JEDI invests in stocks. See more details in our Analysis section.
JEDI expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JEDI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, JEDI doesn't pay dividends to its holders.
JEDI trades at a premium (0.72%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JEDI shares are issued by Franklin Resources, Inc.
JEDI follows the BITA Drone & Modern Warfare Select Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 25, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.