Launch and Growth of Defiance Drone & Modern Warfare ETF (JEDI)
Launch and Growth of Defiance Drone & Modern Warfare ETF (JEDI)
Defiance has launched a thematic ETF focusing on new technologies, the 'Defiance Drone & Modern Warfare ETF (JEDI)'. This ETF comprises 27 stocks centered on innovations in drones, AI, and space defense, featuring key companies like AeroVironment, Rocket Lab, and Palantir Technologies. JEDI is catching market attention as it aligns with the shift in U.S. defense strategies focusing on innovative technologies beyond traditional defense industries. The investment strategy considers both military and commercial sectors, fundamentally based on the growth of drone technology. Notably, by focusing on technological innovation rather than traditional defense sectors, it offers a diversified portfolio. This allows investors to explore various market opportunities by investing in emerging tech companies, highlighting the advantages of not solely relying on conventional defense industries.
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