ARKX vs. DRNZ

Last updated Jun 24, 2026

ARKX (ARK Space Exploration & Innovation ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds. ARKX is actively managed, while DRNZ is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. ARKX charges 0.75%/yr vs 0.65%/yr for DRNZ.

Performance

ARKX vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Space Exploration & Innovation ETF (ARKX) and REX Drone ETF (DRNZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKX achieves a 13.18% return, which is significantly higher than DRNZ's 1.73% return.

ARKX

• 1D: -1.68%
• 1M: -7.40%
• YTD: 13.18%
• 6M: 8.86%
• 1Y: 46.62%
• 3Y*: 32.05%
• 5Y*: 9.28%
• 10Y*: —

DRNZ

• 1D: -2.51%
• 1M: -9.52%
• YTD: 1.73%
• 6M: -2.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKX vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
ARKX ARK Space Exploration & Innovation ETF	13.18%	-5.60%
DRNZ REX Drone ETF	1.73%	-12.91%

Correlation

The correlation between ARKX and DRNZ is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025	0.82

Return for Risk

ARKX vs. DRNZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARKX

ARKX Risk / Return Rank: 40
ARKX Sharpe Ratio Rank: 41
ARKX Sortino Ratio Rank: 39
ARKX Omega Ratio Rank: 35
ARKX Calmar Ratio Rank: 48
ARKX Martin Ratio Rank: 39

DRNZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARKX vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and REX Drone ETF (DRNZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARKX	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	1.94	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.29	—	—
Martin ratio: Return relative to average drawdown	5.93	—	—

Drawdowns

ARKX vs. DRNZ - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, which is greater than DRNZ's maximum drawdown of -26.23%. Use the drawdown chart below to compare losses from any high point for ARKX and DRNZ.

Drawdown Indicators

	ARKX	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-43.61%	-26.23%	-17.38%
Max Drawdown (1Y) Largest decline over 1 year	-20.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.61%	—	—
Current Drawdown Current decline from peak	-13.09%	-24.53%	+11.44%
Average Drawdown Average peak-to-trough decline	-19.87%	-12.05%	-7.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.88%	—	—

Volatility

Volatility by Period

	ARKX	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.88%	51.17%	-17.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.15%	51.17%	-23.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.71%	51.17%	-23.46%

ARKX vs. DRNZ - Expense Ratio Comparison

ARKX has a 0.75% expense ratio, which is higher than DRNZ's 0.65% expense ratio.

Dividends

ARKX vs. DRNZ - Dividend Comparison

Neither ARKX nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ARKX and DRNZ in my portfolio?

ARKX and DRNZ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKX or DRNZ?

On fees, DRNZ is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKX or DRNZ?

DRNZ is cheaper with a 0.65% expense ratio, compared with 0.75% for ARKX.

Which ETF pays a higher dividend yield, ARKX or DRNZ?

ARKX and DRNZ have nearly identical dividend yields, around 0.00%.

What is the main difference between ARKX and DRNZ?

They also come from different issuers: ARK and REX. Their fees differ too: 0.75% for ARKX and 0.65% for DRNZ.