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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks97.18%
Electronic Technology64.62%
Technology Services31.24%
Communications1.32%
Bonds, Cash & Other2.82%
Cash2.82%
Stock breakdown by region
North America68.24%
Europe23.54%
Middle East4.77%
Oceania3.45%
Latin America0.00%
Asia0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JEDI invests in stocks. The fund's major sectors are Electronic Technology, with 64.62% stocks, and Technology Services, with 31.24% of the basket. The assets are mostly located in the North America region.
JEDI top holdings are Palantir Technologies Inc. Class A and Thales SA, occupying 7.17% and 6.95% of the portfolio correspondingly.
JEDI assets under management is 3.89 M USD. It's risen 214.57% over the last month.
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.
No, JEDI doesn't pay dividends to its holders.
JEDI shares are issued by Franklin Resources, Inc. under the brand Defiance. The ETF was launched on Sep 25, 2025, and its management style is Passive.
JEDI expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
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.
JEDI invests in stocks.
JEDI trades at a premium (0.72%) meaning the ETF is trading at a higher price than the calculated NAV.