JEDI is trading 5.2% down today as its industrials-heavy portfolio is caught in broader sector volatility tied to tariffs, Fed uncertainty, and shifting risk sentiment.
- While there is positive, stock-specific news in defense and missile production, the dominant macro tone remains risk-off toward cyclicals and AI-related spending.
- This broader drag on industrials and technology names is weighing on the fund's price despite mixed performance across major market indices.