Defiance's JEDI ETF Expands Mandate to Include Private Company Investments

Defiance ETFs announced a prospectus supplement for its Drone & Modern Warfare ETF (JEDI) effective August 6, 2026, permitting up to 15% investment in privately issued securities of drone and warfare companies. The management fee remains at 0.69%, with total annual expenses estimated at 0.99% including a one-time SPV access fee. Brendan Cavanaugh, CFA and Chief Strategy Officer, has been added to the portfolio management team.