{
 "ticker": "JEDI",
 "name": "Defiance Drone and Modern Warfare ETF",
 "issuer": "Defiance",
 "desk": "themes",
 "url": "https://etfiq.com/funds/jedi",
 "html": "https://etfiq.com/funds/jedi",
 "markdown": "https://etfiq.com/funds/jedi.md",
 "as_of": "2026-09-11",
 "verdict": "JEDI holds 47 stocks, and 96% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "4.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "JEDI, already in the S&P 500: 4.0%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "JEDI, active share vs the S&P 500: 98.9%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "60.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "JEDI, top ten holdings: 60.5%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+1.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "JEDI, total return, since launch: +1.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$174m",
   "source": "the issuer own daily fund list, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "JEDI, net assets: $174m (the issuer own daily fund list, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.69%",
   "source": "485BPOS XBRL, Apr 29, 2026",
   "as_of": "2026-09-11",
   "sentence": "JEDI, expense ratio: 0.69% (485BPOS XBRL, Apr 29, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Robotics and automation",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 26, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "4.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.9%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "1.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.4%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "60.5%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "47",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 14, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Unusual Machines Inc /us 12.3%, Redwire Corp 11.1%, Ondas Inc 6.4%, C3.ai Inc 6.1%, Archer Aviation Inc 5.2%, Frequency Electronics Inc 4.3%, Intuitive Machines Inc 4.3%, Red Cat Holdings Inc 4.0%, Rocket Lab Corp 3.6%, Ast Spacemobile Inc 3.1%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$174m",
   "source": "the issuer own daily fund list, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221239.7%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.69%",
   "source": "485BPOS XBRL, Apr 29, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.70%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "DRNZ 28%, ORBX 23%, ARKX 21%, WARP 20%, MARS 20%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u221219.5%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221222.8 pts",
   "Gap to Nasdaq-100": "\u221218.7 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22123.6%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221219.6 pts",
   "Gap to Nasdaq-100": "\u221224.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+1.5%",
   "S&P 500": "+16.4%",
   "Gap to S&P 500": "\u221214.9 pts",
   "Gap to Nasdaq-100": "\u221218.9 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of JEDI is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 14, 2026, 4% of JEDI by weight is stocks the S&P 500 already holds. Its active share against the index is 99%, so that share is the part doing something different."
  },
  {
   "q": "What does JEDI hold?",
   "a": "47 positions as published by its issuer for Sep 14, 2026, with the top ten at 60% of the fund. The largest are Unusual Machines Inc /us at 12.3%, Redwire Corp at 11.1%, Ondas Inc at 6.4%."
  },
  {
   "q": "Has JEDI beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 JEDI returned +1.5% with distributions reinvested, against +16.4% for the S&P 500, so it finished behind the index by 14.9 points."
  },
  {
   "q": "What does JEDI cost?",
   "a": "The prospectus expense ratio is 0.69% a year. Because 99% of the fund differs from the S&P 500, the fee on that differing part works out at 0.70%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}