JEDI is trading 3.1% up today as heavy industrials exposure and a rally in defense and aerospace names drive gains following a strong sector rebound.
- Geopolitical developments involving Iran, including renewed tensions after a brief de-escalation of planned U.S. strikes, are supporting increased demand for defense-related assets.
- The fund is moving in tandem with broader risk-on sentiment and positive U.S. futures, with major industrial components like Boeing leading the Dow higher.