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JEDIDefiance Drone and Modern Warfare ETF

Grow my moneyNewRanked #1,516 of 2,960 in this goal

Seeks to track the total return performance of the BITA Drone & Modern Warfare Select Index.

By Defiance ETFs LLC · Launched 2025

Annual Cost

0.69%

#3,463 of 5,562 · average

Fund Size

$172M

#2,428 of 5,562 · mid-size

Return (1Y)Goal

N/A

Track Record

9 months

#4,788 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,009+20.1%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

Defense Innovation

Index tracked

BITA Drone & Modern Warfare Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 61.4% of fundconcentrated

Rocket Lab Corp
8.3%
RTX Corp
7.5%
Palantir Technologies Inc
7.5%
L3Harris Technologies Inc
6.9%
Thales SA
6.4%
Leidos Holdings Inc
6.1%
Saab AB
4.8%
Elbit Systems Ltd
4.7%
CACI International Inc
4.6%
Kratos Defense & Security Solu
4.5%

Asset allocation

Stocks
99.7%
Other
8.0%

By sector

Industrials
63.5%
Technology
34.9%
Communication
1.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-27.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to track the total return performance of the BITA Drone & Modern Warfare Select Index.
Strategy
Uses a passive management approach to track the BITA Drone & Modern Warfare Select Index, which includes companies generating significant revenue from the drone and modern warfare industry. The Fund invests at least 80% of its net assets in these companies, replicating the Index's component securities in similar proportions.
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

Thematic ETF — launched after the rally

Thematic funds are typically launched after a theme has delivered its strong returns. Morningstar's 2024 Global Thematic Funds Landscape finds that only about 1 in 10 thematic funds have survived and beaten a broad global equity benchmark over the past 15 years — roughly 60% have been closed outright. The narrative is always compelling; the track record rarely is.

Source: Morningstar, 'Global Thematic Funds Landscape' (2024)

Why we flagged this: Narrow thematic name, launched in the last 3 years, $172M in assets (under our $500M threshold).

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 2026-06-19