DRNL vs. NVTX
DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. DRNL is passively managed, while NVTX is actively managed. At a 0.48 correlation, their price movements are largely independent. DRNL charges 1.31%/yr vs 1.30%/yr for NVTX.
Performance
DRNL vs. NVTX - Performance Comparison
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Returns By Period
DRNL
- 1D
- -10.22%
- 1M
- -46.95%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVTX
- 1D
- -22.11%
- 1M
- -74.91%
- 6M
- -48.99%
- YTD
- -4.85%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRNL vs. NVTX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | -75.76% |
NVTX Tradr 2X Long NVTS Daily ETF | -30.99% |
Correlation
The correlation between DRNL and NVTX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 3, 2026 | 0.48 |
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Return for Risk
DRNL vs. NVTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) and Tradr 2X Long NVTS Daily ETF (NVTX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
DRNL vs. NVTX - Drawdown Comparison
The maximum DRNL drawdown since its inception was -77.39%, smaller than the maximum NVTX drawdown of -89.51%. Use the drawdown chart below to compare losses from any high point for DRNL and NVTX.
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Drawdown Indicators
| DRNL | NVTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.39% | -89.51% | +12.12% |
Current DrawdownCurrent decline from peak | -77.39% | -89.51% | +12.12% |
Average DrawdownAverage peak-to-trough decline | -44.57% | -61.51% | +16.94% |
Volatility
DRNL vs. NVTX - Volatility Comparison
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Volatility by Period
| DRNL | NVTX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 138.22% | 263.46% | -125.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 138.22% | 263.46% | -125.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 138.22% | 263.46% | -125.24% |
DRNL vs. NVTX - Expense Ratio Comparison
DRNL has a 1.31% expense ratio, which is higher than NVTX's 1.30% expense ratio.
Dividends
DRNL vs. NVTX - Dividend Comparison
DRNL has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 17.92%.
| Position | TTM | 2025 |
|---|---|---|
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF | 0.00% | 0.00% |
NVTX Tradr 2X Long NVTS Daily ETF | 17.92% | 17.05% |
Frequently Asked Questions
DRNL and NVTX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVTX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVTX is cheaper with a 1.30% expense ratio, compared with 1.31% for DRNL.
NVTX has the higher dividend yield at 17.92%, compared with 0.00% for DRNL.
They also come from different issuers: Defiance and Tradr. Their fees differ too: 1.31% for DRNL and 1.30% for NVTX.
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