DRNL vs. QQQ

Last updated Jun 5, 2026

DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - DRNL is a Leveraged Equities fund tracking the BITA Pure Drone and Aerial Automation Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. DRNL charges 1.31%/yr vs 0.18%/yr for QQQ.

Performance

DRNL vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRNL

• 1D: 5.35%
• 1M: 47.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: -0.48%
• 1M: 8.66%
• YTD: 20.71%
• 6M: 19.19%
• 1Y: 40.74%
• 3Y*: 28.54%
• 5Y*: 17.86%
• 10Y*: 21.84%

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

DRNL vs. QQQ - Yearly Performance Comparison

	2026 (YTD)
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	-20.42%
QQQ Invesco QQQ ETF	23.27%

Correlation

The correlation between DRNL and QQQ is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 4, 2026	0.52

Return for Risk

DRNL vs. QQQ — Risk / Return Rank

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

QQQ

QQQ Risk / Return Rank: 74
QQQ Sharpe Ratio Rank: 80
QQQ Sortino Ratio Rank: 76
QQQ Omega Ratio Rank: 75
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

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.

DRNL vs. QQQ - 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 Invesco QQQ ETF (QQQ). 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.

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

Sharpe Ratios by Period

	DRNL	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.57	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	0.41	-0.84

Drawdowns

DRNL vs. QQQ - Drawdown Comparison

The maximum DRNL drawdown since its inception was -58.58%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for DRNL and QQQ.

Drawdown Indicators

	DRNL	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-58.58%	-82.97%	+24.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-31.90%	-0.74%	-31.16%
Average Drawdown Average peak-to-trough decline	-36.20%	-32.78%	-3.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.11%	—

Volatility

Volatility by Period

	DRNL	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	137.00%	15.94%	+121.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.00%	22.37%	+114.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.00%	22.29%	+114.71%

DRNL vs. QQQ - Expense Ratio Comparison

DRNL has a 1.31% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

DRNL vs. QQQ - Dividend Comparison

DRNL has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both DRNL and QQQ in my portfolio?

DRNL and QQQ have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRNL or QQQ?

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRNL or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 1.31% for DRNL.

Which ETF pays a higher dividend yield, DRNL or QQQ?

QQQ has the higher dividend yield at 0.38%, compared with 0.00% for DRNL.

What is the main difference between DRNL and QQQ?

DRNL is categorized as Leveraged Equities, while QQQ is Nasdaq-100. DRNL tracks BITA Pure Drone and Aerial Automation Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Defiance and Invesco. Their fees differ too: 1.31% for DRNL and 0.18% for QQQ.