Defiance Drone and Modern Warfare ETF (JEDI)Technology | Exchange Traded Fund | NYSEArca
21.36 USD
+0.48
(2.299%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:59 a.m. EDT
The Defiance Drone and Modern Warfare ETF is currently trapped in a severe downtrend, having lost nearly half its value from the yearly high of $42.99 to the current low of $23.50. Despite the recent news of surpassing $100 million in assets under management, the price action tells a different story: the fund is trading well below its 50-day and 200-day moving averages, confirming that the market has not yet accepted the new capital inflows as a sign of strength. The lack of any dividend history eliminates income as a buffer, leaving investors entirely exposed to capital appreciation risks. While the options market shows aggressive speculation at higher price levels ($30-$45), the heavy put buying near current prices suggests traders are hedging against a continuation of the decline to the $21.91 floor. Until the price closes decisively above the 50-day average, the technical setup remains bearish, and the recent surge in assets under management appears to be a lagging indicator rather than a leading catalyst for recovery. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.090813 |
| AutoETS | 0.090815 |
| AutoTheta | 0.091043 |
| MSTL | 0.094356 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 0.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.929 |
| Excess Kurtosis | -0.05 |
| Attribute | Value |
|---|---|
| Trailing P/E | 28.88 |
As of Oct. 10, 2026, 5:59 a.m. EDT: Speculators are positioning for volatility rather than a specific directional breakout. Call volume is heavily skewed toward out-of-the-money strikes (30.00 and 45.00) with significant open interest, suggesting a speculative bet on a sharp rally. However, put volume is concentrated near the money and slightly in-the-money (23.00, 25.00), creating a defensive hedge against a drop to the 52-week low. The imbalance in implied volatility (higher for puts in the near term) indicates a fear of downside risk that outweighs the bullish sentiment on paper.
| Attribute | Value |
|---|---|
| All Time High | 42.99 |
| All Time Low | 19.96 |
| Ask | 21.32 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 116,570 |
| Average Daily Volume3 Month | 184,434 |
| Average Volume | 184,434 |
| Average Volume10Days | 116,570 |
| Beta3 Year | 0.0 |
| Bid | 20.4 |
| Bid Size | 300 |
| Category | Technology |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.3805 |
| Day Low | 19.96 |
| Display Name | Drone and Modern Warfare ETF |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.739651 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.4552 |
| Fifty Day Average Change | -5.0951996 |
| Fifty Day Average Change Percent | -0.19259728 |
| Fifty Two Week Change Percent | -17.126411 |
| Fifty Two Week High | 42.99 |
| Fifty Two Week High Change | -21.630001 |
| Fifty Two Week High Change Percent | -0.5031403 |
| Fifty Two Week Low | 19.96 |
| Fifty Two Week Low Change | 1.4000015 |
| Fifty Two Week Low Change Percent | 0.07014036 |
| Fifty Two Week Range | 19.96 - 42.99 |
| First Trade Date Milliseconds | 1,758,893,400,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.47500038 |
| Fullday Change Percent | 2.2749062 |
| Fullday Price | 21.36 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,758,758,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal circumstances, the fund invests at least 80% of its net assets in Drone and Modern Warfare Companies. For purposes of this 80% policy, securities of Drone and Modern Warfare Companies may be publicly traded or privately issued. The fund is non-diversified. |
| Long Name | Defiance Drone and Modern Warfare ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1958728556 |
| Nav Price | 20.908 |
| Net Assets | 168,549,904.0 |
| Net Expense Ratio | 0.99 |
| Open | 20.41 |
| Phone | (414) 765-5586 |
| Previous Close | 20.88 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.480001 |
| Regular Market Change Percent | 2.29886 |
| Regular Market Day High | 21.3805 |
| Regular Market Day Low | 19.96 |
| Regular Market Day Range | 19.96 - 21.3805 |
| Regular Market Open | 20.41 |
| Regular Market Previous Close | 20.88 |
| Regular Market Price | 21.36 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 129,633 |
| Short Name | Defiance Drone and Modern Warfa |
| Source Interval | 15 |
| Symbol | JEDI |
| Total Assets | 168,549,904 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 28.878485 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -13.47343 |
| Trailing Three Month Returns | -13.47343 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.813395 |
| Two Hundred Day Average Change | -6.453394 |
| Two Hundred Day Average Change Percent | -0.23202468 |
| Type Disp | ETF |
| Volume | 129,633 |
| Yield | 0.0 |
| Ytd Return | 3.68305 |