Screening Filters
sector: Industrials
- Purpose: Restrict the search to companies in the Industrials sector.
- Rationale: In the context of an ongoing war, the key beneficiaries on the equity side are typically aerospace and defense companies, which are generally classified under the Industrials sector. Both DRNZ and JEDI gain their defense exposure through holdings in such companies. Focusing on Industrials makes the screen directly relevant to evaluating how war-related spending could flow through to the ETFs’ underlying positions.
themes: Industrials Equities
- Purpose: Further refine results to stocks/ETFs explicitly tagged with the Industrials equities theme.
- Rationale: “Industrials Equities” is a thematic tag that includes aerospace, defense, and related industrial suppliers. In a war context, you want exposure to companies tied to military hardware, logistics, and defense systems. This theme filter helps ensure the screen focuses on securities whose performance is structurally linked to that part of the economy, which is what drives much of DRNZ and JEDI’s performance.
stock_position_pct: MoreThan50Pct
- Purpose: Identify funds or portfolios where the selected holdings make up more than 50% of total assets.
- Rationale: You’re asking which ETF is likely to perform better because of the war. That hinges on how much each ETF is actually driven by core defense contractors. By requiring >50% exposure to certain key names, the filter isolates ETFs whose performance is dominated by the defense theme, rather than those with only small, incidental defense exposure. This helps compare which ETF is more “pure play” defense in this context.
holdings: LMT, NOC, RTX, GD
- Purpose: Focus on instruments that hold one or more of these specific defense contractors:
- LMT – Lockheed Martin
- NOC – Northrop Grumman
- RTX – RTX Corp (Raytheon)
- GD – General Dynamics
- Rationale: These are major U.S. defense primes that tend to see increased demand when defense budgets rise—military aircraft, missiles, air defense, command and control systems, etc. In evaluating DRNZ vs JEDI during wartime, a central question is: Which ETF has greater weight in these large, war-sensitive contractors? By explicitly screening for funds holding LMT, NOC, RTX, and GD, the screener focuses on ETFs whose performance is closely tied to the companies most directly positioned to benefit from sustained conflict and elevated defense spending.
Why Results Match the User’s Question
- The filters collectively zoom in on the defense core of the Industrials sector, which is exactly where war-related upside is most likely to show up in equity markets.
- By requiring >50% exposure to top defense names (LMT, NOC, RTX, GD), the screen emphasizes ETFs whose returns are highly sensitive to changes in defense spending and conflict intensity, making the results directly applicable to comparing DRNZ and JEDI in the context of an ongoing war.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.