JEDI - ETF AI Analysis

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Defiance Drone and Modern Warfare ETF (JEDI)

Rating:66Neutral

Price Target:―

JEDI, the Defiance Drone and Modern Warfare ETF, has a solid overall rating driven mainly by strong, established defense and technology names like Leidos Holdings, RTX, and Palantir, which benefit from robust financial performance, positive earnings calls, and healthy growth backlogs. These strengths are partly offset by holdings such as Rocket Lab and AeroVironment, where profitability, cash flow, and bearish technical signals raise concerns. The main risk factor is the fund’s concentration in defense and modern warfare companies, which ties its fortunes closely to government spending, geopolitical developments, and often high valuations across the sector.

Positive Factors

Strong Recent Performance

The ETF has shown strong gains so far this year and in recent months, indicating solid momentum in its strategy.

Leading Defense and Drone Companies

Many of the top holdings, such as key defense and aerospace names, have delivered strong year-to-date results that support the fund’s performance.

Global Exposure Within a Focused Theme

While centered on modern warfare and drones, the fund still spreads its investments across several countries, which helps reduce reliance on any single market.

Negative Factors

High Expense Ratio

The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.

Sector Concentration in Industrials

With most assets in industrials and a large tilt toward defense-related companies, the ETF is heavily exposed to downturns in this specific area of the market.

Meaningful Single-Stock and Country Concentration

A small group of holdings and a heavy tilt toward U.S. stocks make the fund more sensitive to issues affecting those companies and the U.S. market.

JEDI vs. SPDR S&P 500 ETF (SPY)

AUM59.61M

RegionDeveloped Markets

Expense Ratio0.69%

Beta1.65

IssuerDefiance

Inception DateSep 25, 2025

Dividend YieldN/A

Asset ClassEquity

Index TrackedBITA Drone & Modern Warfare Select Index - Benchmark TR Net

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume119,106

30 Day Avg. Volume59,600

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

30.60

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering27

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

JEDI Summary

JEDI is the Defiance Drone and Modern Warfare ETF, which follows the BITA Drone & Modern Warfare Select Index. It focuses on companies involved in drones, advanced weapons, and military technology, mainly in the industrials and tech sectors. The fund holds well-known names like RTX and Palantir Technologies, along with specialized defense firms. Someone might invest in JEDI if they believe spending on defense and high-tech warfare will keep growing and want targeted exposure to that theme. A key risk is that it is heavily concentrated in defense and tech stocks, so its price can swing sharply with changes in military budgets and global tensions.

How much will it cost me?The Defiance Drone and Modern Warfare ETF (JEDI) has an expense ratio of 0.69%, meaning you’ll pay $6.90 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized niche in aerospace and defense technology, which requires more research and management expertise.

What would affect this ETF?The JEDI ETF could benefit from increased government spending on defense and advancements in drone and cybersecurity technologies, as these areas are central to its holdings and sector focus. However, it may face challenges from geopolitical tensions, regulatory changes, or reduced defense budgets in developed markets, which could negatively impact its growth potential.

JEDI Top 10 Holdings

JEDI is very much a modern warfare play, with performance driven by a tight cluster of defense and space names rather than broad market trends. Rocket Lab and Kratos are the high-flyers here, rising sharply on enthusiasm for space launches and drone systems, giving the fund much of its recent lift. L3Harris and Saab are also pulling their weight with steady gains and solid backlogs. On the flip side, Palantir has been losing steam lately, acting as a drag. Overall, the ETF is concentrated in aerospace and defense across developed markets, with a mix of U.S. and European champions at the helm.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
RKLB	Rocket Lab USA	8.69%	$5.04M	$42.77B	194.94%	57 Neutral
LHX	L3Harris Technologies	7.19%	$4.17M	$64.13B	61.71%	70 Neutral
RTX	RTX	7.00%	$4.06M	$269.40B	54.97%	74 Outperform
KTOS	Kratos Defense	6.72%	$3.90M	$17.39B	208.69%	60 Neutral
SAAB.B	Saab AB	6.57%	$3.82M	kr370.80B	189.82%	70 Outperform
HO	Thales	6.21%	$3.60M	€52.61B	64.32%	73 Outperform
ESLT	Elbit Systems	6.01%	$3.49M	₪104.41B	129.94%	73 Outperform
PLTR	Palantir Technologies	5.47%	$3.18M	$349.39B	84.10%	74 Outperform
LDOS	Leidos Holdings	5.39%	$3.13M	$24.07B	31.80%	77 Outperform
CACI	Caci International	5.28%	$3.07M	$13.71B	60.66%	78 Outperform

JEDI Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

25.54

Positive

100DMA

200DMA

Market Momentum

MACD

0.88

Positive

RSI

49.20

Neutral

STOCH

19.15

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JEDI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 28.57, equal to the 50-day MA of 25.54, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.88 indicates Positive momentum. The RSI at 49.20 is Neutral, neither overbought nor oversold. The STOCH value of 19.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JEDI.

JEDI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
JEDI	―	―	$59.61M	0.69%	―
AGNG	―	―	$85.31M	0.50%	―
WISE	―	―	$38.34M	0.35%	―
PBPH	―	―	$31.91M	0.13%	―
PBOG	―	―	$27.43M	0.13%	―
ERET	―	―	$9.96M	0.30%	―

Performance Comparison

JEDI

Defiance Drone and Modern Warfare ETF

27.61

1.88

7.31%

AGNG

Global X Aging Population ETF

―

WISE

Themes Generative Artificial Intelligence ETF

―

PBPH

Portfolio Building Block World Pharma and Biotech Index ETF

―

PBOG

Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF

―

ERET

iShares Environmentally Aware Real Estate ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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