DRLL vs. FTWO

Last updated Apr 2, 2026

Compare and contrast key facts about Strive U.S. Energy ETF (DRLL) and Strive Natural Resources and Security ETF (FTWO).

DRLL and FTWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRLL is a passively managed fund by Strive that tracks the performance of the Bloomberg US Energy Select Index. It was launched on Aug 8, 2022. FTWO is a passively managed fund by Strive that tracks the performance of the Bloomberg Natural Resources and Security Total Return Index. It was launched on Aug 30, 2023. Both DRLL and FTWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DRLL vs. FTWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Energy ETF (DRLL) and Strive Natural Resources and Security ETF (FTWO). The values are adjusted to include any dividend payments, if applicable.

DRLL vs. FTWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DRLL Strive U.S. Energy ETF	33.59%	7.74%	0.02%	-4.50%
FTWO Strive Natural Resources and Security ETF	13.73%	43.06%	14.97%	1.46%

Returns By Period

In the year-to-date period, DRLL achieves a 33.59% return, which is significantly higher than FTWO's 13.73% return.

DRLL

• 1D: -3.97%
• 1M: 5.97%
• YTD: 33.59%
• 6M: 33.26%
• 1Y: 30.60%
• 3Y*: 14.07%
• 5Y*: —
• 10Y*: —

FTWO

• 1D: 1.55%
• 1M: -6.87%
• YTD: 13.73%
• 6M: 17.33%
• 1Y: 50.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRLL vs. FTWO - Expense Ratio Comparison

DRLL has a 0.41% expense ratio, which is lower than FTWO's 0.49% expense ratio.

FTWO

Strive Natural Resources and Security ETF

DRLL

Strive U.S. Energy ETF

Return for Risk

DRLL vs. FTWO — Risk / Return Rank

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

DRLL

DRLL Risk / Return Rank: 56
DRLL Sharpe Ratio Rank: 63
DRLL Sortino Ratio Rank: 58
DRLL Omega Ratio Rank: 59
DRLL Calmar Ratio Rank: 58
DRLL Martin Ratio Rank: 44

FTWO

FTWO Risk / Return Rank: 93
FTWO Sharpe Ratio Rank: 93
FTWO Sortino Ratio Rank: 93
FTWO Omega Ratio Rank: 93
FTWO Calmar Ratio Rank: 93
FTWO Martin Ratio Rank: 94

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.

DRLL vs. FTWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Energy ETF (DRLL) and Strive Natural Resources and Security ETF (FTWO). 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.

	DRLL	FTWO	Difference
Sharpe ratio Return per unit of total volatility	1.16	2.27	-1.10
Sortino ratio Return per unit of downside risk	1.57	2.89	-1.32
Omega ratio Gain probability vs. loss probability	1.23	1.43	-0.20
Calmar ratio Return relative to maximum drawdown	1.61	3.82	-2.20
Martin ratio Return relative to average drawdown	4.63	16.05	-11.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRLL vs. FTWO - Sharpe Ratio Comparison

The current DRLL Sharpe Ratio is 1.16, which is lower than the FTWO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of DRLL and FTWO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DRLL	FTWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	2.27	-1.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	1.47	-0.85

Correlation

The correlation between DRLL and FTWO is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DRLL vs. FTWO - Dividend Comparison

DRLL's dividend yield for the trailing twelve months is around 2.29%, more than FTWO's 0.99% yield.

	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.29%	2.99%	3.00%	3.01%	1.18%
FTWO Strive Natural Resources and Security ETF	0.99%	1.02%	1.23%	0.59%	0.00%

Drawdowns

DRLL vs. FTWO - Drawdown Comparison

The maximum DRLL drawdown since its inception was -23.73%, which is greater than FTWO's maximum drawdown of -18.17%. Use the drawdown chart below to compare losses from any high point for DRLL and FTWO.

Drawdown Indicators

	DRLL	FTWO	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-18.17%	-5.56%
Max Drawdown (1Y) Largest decline over 1 year	-19.37%	-13.63%	-5.74%
Current Drawdown Current decline from peak	-6.47%	-6.87%	+0.40%
Average Drawdown Average peak-to-trough decline	-7.95%	-3.14%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.75%	3.24%	+3.51%

Volatility

DRLL vs. FTWO - Volatility Comparison

Strive U.S. Energy ETF (DRLL) has a higher volatility of 7.17% compared to Strive Natural Resources and Security ETF (FTWO) at 6.31%. This indicates that DRLL's price experiences larger fluctuations and is considered to be riskier than FTWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRLL	FTWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.17%	6.31%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	15.33%	14.86%	+0.47%
Volatility (1Y) Calculated over the trailing 1-year period	26.41%	22.58%	+3.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.49%	19.26%	+4.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.49%	19.26%	+4.23%