DRLL vs. RAYS

Last updated Aug 2, 2026

DRLL (Strive U.S. Energy ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. Both are passively managed. DRLL charges 0.41%/yr vs 0.50%/yr for RAYS.

Performance

DRLL vs. RAYS - Performance Comparison

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

Returns By Period

DRLL

• 1D: 0.80%
• 1M: 14.19%
• 6M: 21.14%
• YTD: 36.69%
• 1Y: 44.82%
• 3Y*: 12.74%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.77%

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRLL Strive U.S. Energy ETF	$463.62K	$500.96K	$563.89K
RAYS Global X Solar ETF	$0.00	$0.00	$0.00

DRLL vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
DRLL Strive U.S. Energy ETF	18.49%
RAYS Global X Solar ETF	0.00%

DRLL vs. RAYS - Sectors Allocation Comparison

Sectors	DRLL	RAYS
Energy	99.1%	-
Consumer Cyclical	0.9%	4.0%
Basic Materials	-	0.9%
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	21.4%
Real Estate	-	-
Technology	-	66.9%
Utilities	-	6.8%

Return for Risk

DRLL vs. RAYS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DRLL

DRLL Risk / Return Rank: 70
DRLL Sharpe Ratio Rank: 79
DRLL Sortino Ratio Rank: 72
DRLL Omega Ratio Rank: 72
DRLL Calmar Ratio Rank: 71
DRLL Martin Ratio Rank: 53

RAYS

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DRLL vs. RAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Energy ETF (DRLL) and Global X Solar ETF (RAYS). 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.

	DRLL	RAYS	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.35	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.46	—	—
Martin ratio: Return relative to average drawdown	6.27	—	—

Drawdowns

DRLL vs. RAYS - Drawdown Comparison

The maximum DRLL drawdown since its inception was -23.73%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DRLL and RAYS.

Drawdown Indicators

	DRLL	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	0.00%	-23.73%
Max Drawdown (1Y) Largest decline over 1 year	-16.99%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.73%	—	—
Current Drawdown Current decline from peak	-4.30%	0.00%	-4.30%
Average Drawdown Average peak-to-trough decline	-8.14%	0.00%	-8.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.68%	—	—

Volatility

Volatility by Period

	DRLL	RAYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	0.00%	+23.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.80%	0.00%	+23.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.80%	0.00%	+23.80%

DRLL vs. RAYS - Expense Ratio Comparison

DRLL has a 0.41% expense ratio, which is lower than RAYS's 0.50% expense ratio.

Dividends

DRLL vs. RAYS - Dividend Comparison

DRLL's dividend yield for the trailing twelve months is around 2.22%, while RAYS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.22%	2.99%	3.00%	3.01%	1.18%
RAYS Global X Solar ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DRLL or RAYS?

On fees, DRLL is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRLL or RAYS?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.50% for RAYS.

Which ETF pays a higher dividend yield, DRLL or RAYS?

DRLL has the higher dividend yield at 2.22%, compared with 0.00% for RAYS.

What is the main difference between DRLL and RAYS?

DRLL is categorized as Energy Equities, while RAYS is Alternative Energy Equities. DRLL tracks Bloomberg US Energy Select Index, while RAYS tracks Solactive Solar Index. They also come from different issuers: Strive and Global X. Their fees differ too: 0.41% for DRLL and 0.50% for RAYS.