JEDI is trading 3.5% down today as its industrials-heavy portfolio sells off alongside broader cyclical names.
- Industrials at 54.1% of the ETF are dragging performance, with early-session weakness in manufacturing, transportation, and defense contractors.
- The fund is moving more sharply than the broader tech space, despite relatively steadier performance from its technology holdings.
- Macro catalysts and sector-specific news in major industrial names appear to be weighing on risk sentiment across the sector.