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The Defiance Drone and Modern Warfare ETF (the "Fund" or the "Drone ETF") seeks to track the total return performance, before fees and expenses, of the BITA Drone & Modern Warfare Select Index (the "Index"). The Index seeks to track the performance of companies that are publicly traded on recognized global exchanges in developed markets and generate significant revenue from the drone and modern warfare industry. Each Index constituent must derive at least 50% of its total revenue from one or more of the following advanced capability areas within the drone and modern warfare industry: military drones; artificial intelligence ("AI")-driven warfare and military information technology; unmanned systems; electronic and communication warfare solutions; intelligence, surveillance, reconnaissance ("ISR"); space warfare, military satellites and missile solutions; military cybersecurity; and military robotics. The Fund will generally use a "replication" strategy to achieve its investment objective, meaning the Fund will generally invest in all of the component securities of the Index in the same approximate proportions as in the Index.
Defiance Drone And Modern Warfare ETF trades on the ARCA stock market under the symbol JEDI.
As of May 1, 2026, JEDI stock price climbed to $28.23 with 79,117 million shares trading.
JEDI has a beta of 1.63, meaning it tends to be more sensitive to market movements. JEDI has a correlation of 0.29 to the broad based SPY ETF.
JEDI has a market cap of $105.86 million. This is considered a Micro Cap stock.
JEDI support price is $26.98 and resistance is $29.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JEDI shares will trade within this expected range on the day.