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Beacon

JEDIDefiance Drone and Modern Warfare ETF

Grow my moneyNewRanked #1,520 of 2,992 in this goal

Tracks the total return performance of the BITA Drone & Modern Warfare Select Index.

By Defiance ETFs LLC · Launched 2025

Annual Cost

0.69%

#3,604 of 5,854 · average

Fund Size

$153M

#2,596 of 5,854 · mid-size

Return (1Y)Goal

N/A

Track Record

11 months

#4,683 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,293-7.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Industrials

Focus

Defense Innovation

Index tracked

BITA Drone & Modern Warfare Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 58.7% of fundmoderately concentrated

Redwire Corp
9.1%
Ondas Inc
8.2%
Unusual Machines Inc /US
6.8%
Red Cat Holdings Inc
6.8%
Intuitive Machines Inc
5.7%
C3.ai Inc
5.0%
Archer Aviation Inc
5.0%
AST SpaceMobile Inc
4.5%
AeroVironment Inc
3.8%
Rocket Lab Corp
3.7%

Asset allocation

Stocks
99.5%
Cash
0.5%

By sector

Industrials
60.2%
Technology
37.3%
Communication
2.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-48.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Tracks the total return performance of the BITA Drone & Modern Warfare Select Index.
Strategy
Uses a passive management approach to replicate the BITA Drone & Modern Warfare Select Index, investing at least 80% in companies generating significant revenue from the drone and modern warfare industry. The Fund may also employ representative sampling and is expected to be concentrated in the aerospace and defense sector.
Inception date
September 25, 2025
Fund family
Defiance ETFs LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Thematic
Warning

These usually launch after the gains are gone

A theme gets packaged into a fund after it has already run. Over the past 15 years, fewer than one in 10 thematic funds beat a broad global index, and more than three-quarters closed down entirely. The pitch always sounds good. The returns rarely follow.

Sources: Morningstar, 'Global Thematic Funds Landscape' (2022)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03