JEDI vs QQQ
Defiance Drone and Modern Warfare ETF vs Invesco QQQ Trust, Series 1
Which is better, JEDI or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 54.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JEDI | QQQ |
|---|---|---|
| Expense Ratio | 0.99% | 0.18%Best |
| AUM | $146M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 93 | 321 |
| YTD Return | -16.25% | +19.30%Best |
| 1Y Return | -22.24% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 68.1% | 21.2%Best |
| Max Drawdown | -50.8% | -12.0%Best |
| $10,000 over 1 years | $8,355 | $12,172Best |
| Top 10 Weight | 54.4% | 46.7%Best |
| Fund Family | Defiance ETFs, LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Sep 25, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 26, 2025 to Oct 14, 2026 (1 years).
JEDI vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.
JEDI vs QQQ Performance
Defiance Drone and Modern Warfare ETF (JEDI) is an ETF from Defiance ETFs, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JEDI returned -22.24% while QQQ returned +22.47%. Year to date, JEDI is down 16.25% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JEDI has been the more volatile fund, with annualized monthly volatility of 68.1% compared with 21.2% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.8% for JEDI and -12.0% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JEDI charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, JEDI currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
6.6% of JEDI's money is in holdings QQQ also owns. 4.7% of QQQ's money is in holdings JEDI also owns.
JEDI and QQQ share little of their money.
3 positions in common, counted across the 45 positions we hold weights for in JEDI and 101 in QQQ, against full books of 93 and 321.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for JEDI (91.6% of the fund), and 31 for JEDI that do not appear in QQQ (83.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of JEDI and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JEDI or QQQ?
JEDI has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, JEDI or QQQ?
Over the past year JEDI returned -22.24% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), JEDI annualized -16.45% vs +21.72% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEDI or QQQ?
JEDI has been the more volatile fund at 68.1% annualized versus 21.2% for QQQ. Worst drawdown: JEDI -50.8% vs QQQ -12.0%.
Should I hold both JEDI and QQQ?
JEDI and QQQ have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JEDI and QQQ?
6.6% of JEDI's money is in holdings QQQ also owns. 4.7% of QQQ's is in holdings JEDI also owns. They hold 3 positions in common, counted across the 45 positions we hold weights for in JEDI and 101 in QQQ.
Which pays a higher dividend, JEDI or QQQ?
JEDI yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than JEDI?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 54.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.