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Drone and Modern Warfare ETF

JEDI

Defiance

Drone and Modern Warfare ETF (JEDI) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 89.70%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 89.70%
  • Halal 4.74%
  • Doubtful 28.35%
  • Not halal 56.61%
  • Not rated 10.30%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Defiance
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.69%
AUM
131.21M USD
Holdings
44 (36 screened)
Basket as of (provider)
23 Oct 2026
Basket fetched by Akinda
23 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal4.74%56.61%
DJIMNot halal31.55%41.74%
FTSENot halal2.81%85.59%
MSCINot halal2.81%85.59%
S&PNot halal29.35%37.99%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–44 of 44 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
ONDSOndas Inc
9.56%Not halalNot halalNot halalNot halalNot halal
2
RDWRedwire Corp
7.86%DoubtfulHalalNot halalNot halalHalal
3
UMACUnusual Machines Inc /US
5.95%Not halalNot halalNot halalNot halalNot rated
4
LUNRIntuitive Machines Inc
5.31%Not halalNot halalNot halalNot halalNot halal
5
ASTSAST SpaceMobile Inc
3.87%Not halalNot ratedNot halalNot halalNot rated
6
AIC3.ai Inc
3.75%Not halalNot ratedNot halalNot halalNot rated
7
RKLBRocket Lab Corp
3.74%DoubtfulHalalNot halalNot halalHalal
8
RCATRed Cat Holdings Inc
3.62%Not halalNot halalNot halalNot halalNot halal
9
BKSYBlackSky Technology Inc
3.54%Not halalNot halalNot halalNot halalNot halal
10
EVTLVertical Aerospace Ltd
3.41%Not halalNot halalNot halalNot halalNot halal
11
JOBYJoby Aviation Inc
3.23%Not halalNot ratedNot halalNot halalNot rated
12
PLPlanet Labs PBC
3.07%DoubtfulHalalNot halalNot halalHalal
13
ACHRArcher Aviation Inc
2.98%Not halalNot halalNot halalNot halalNot halal
14
FEIMFrequency Electronics Inc
2.81%HalalHalalHalalHalalHalal
15
AVAVAeroVironment Inc
2.79%DoubtfulHalalNot halalNot halalHalal
16
SPIRSpire Global Inc
2.20%Not halalHalalNot halalNot halalNot halal
17
PDYNPalladyne AI Corp
1.97%Not halalNot halalNot halalNot halalNot halal
18
KTOSKratos Defense & Security Solutions Inc
1.96%DoubtfulHalalNot halalNot halalHalal
19
IRDMIridium Communications Inc
1.77%Not halalNot halalNot halalNot halalNot halal
20
PLTRPalantir Technologies Inc
1.62%DoubtfulNot ratedNot halalNot halalNot rated
21
MRCYMercury Systems Inc
1.37%DoubtfulHalalNot halalNot halalHalal
22
PSNParsons Corp
1.30%DoubtfulNot ratedNot ratedNot ratedNot rated
23
SPCXSpace Exploration Technologies Corp
1.29%Not halalNot halalNot halalNot halalNot halal
24
SAICScience Applications International Corp
1.26%Not halalNot halalNot halalNot halalNot halal
25
DRO.AXDroneShield Ltd
1.24%Not ratedNot ratedNot ratedNot ratedNot rated
26
LDOSLeidos Holdings Inc
1.14%DoubtfulNot ratedNot halalNot halalNot rated
27
EOS.AXElectro Optic Systems Holdings Ltd
1.11%Not ratedNot ratedNot ratedNot ratedNot rated
28
CACICACI International Inc
1.09%Not halalNot halalNot halalNot halalNot halal
29
AIROAIRO Group Holdings Inc
1.05%Not halalHalalNot halalNot halalHalal
30
LHXL3Harris Technologies Inc
0.90%DoubtfulHalalNot halalNot halalHalal
31
SWMRSwarmer Inc
0.79%Not halalNot ratedNot halalNot halalNot rated
32
TLSTelos Corp
0.73%DoubtfulNot ratedNot halalNot halalNot rated
33
CHRT.LCohort PLC
0.69%HalalHalalNot halalNot halalHalal
34
ESLTElbit Systems Ltd
0.67%DoubtfulHalalNot halalNot halalHalal
35
SAAB-B.STSaab AB
0.65%Not ratedNot ratedNot ratedNot ratedNot rated
36
HAG.DEHensoldt AG
0.63%Not ratedNot ratedNot ratedNot ratedNot rated
37
CHG.LChemring Group PLC
0.62%HalalHalalNot halalNot halalHalal
38
QQ.LQinetiQ Group PLC
0.62%HalalHalalNot halalNot halalHalal
39
GDGeneral Dynamics Corp
0.61%DoubtfulHalalNot halalNot halalHalal
40
EXA.PAExail Technologies SA
0.61%Not ratedNot ratedNot ratedNot ratedNot rated
41
RTXRTX Corp
0.60%DoubtfulHalalNot halalNot halalHalal
42
HO.PAThales SA
0.59%Not ratedNot ratedNot ratedNot ratedNot rated
43
ELS.AXElsight Ltd
0.59%Not ratedNot ratedNot ratedNot ratedNot rated
44
PNG.VKraken Robotics Inc
0.50%Not ratedNot ratedNot ratedNot ratedNot rated

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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