
The Defiance Drone and Modern Warfare ETF (JEDI) targets next-generation defense technologies like unmanned vehicles and advanced systems, benefiting from robust U.S. defense spending and a projected $1.5 trillion budget by 2027. Key holdings such as RDW and ONDS are positioned for growth through contracts in spacecraft infrastructure and private defense networks. While JEDI's focused sector exposure and low liquidity can cause volatility and higher trading costs, it suits investors seeking long-term growth from defense modernization trends.