DRNL vs. QQQY

Last updated Jun 5, 2026

DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) are both exchange-traded funds - DRNL is a Leveraged Equities fund tracking the BITA Pure Drone and Aerial Automation Index, while QQQY is a Nasdaq-100 fund actively managed by Defiance. DRNL is passively managed, while QQQY is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. DRNL charges 1.31%/yr vs 0.99%/yr for QQQY.

Performance

DRNL vs. QQQY - 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 Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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*: —

QQQY

• 1D: -0.19%
• 1M: 7.95%
• YTD: 18.85%
• 6M: 18.67%
• 1Y: 35.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNL vs. QQQY - Yearly Performance Comparison

	2026 (YTD)
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	-20.42%
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF	21.96%

Correlation

The correlation between DRNL and QQQY is 0.55, 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	0.55

Return for Risk

DRNL vs. QQQY — Risk / Return Rank

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

QQQY

QQQY Risk / Return Rank: 75
QQQY Sharpe Ratio Rank: 82
QQQY Sortino Ratio Rank: 75
QQQY Omega Ratio Rank: 81
QQQY Calmar Ratio Rank: 65
QQQY Martin Ratio Rank: 74

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. QQQY - 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 Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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	QQQY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	1.25	-1.68

Drawdowns

DRNL vs. QQQY - Drawdown Comparison

The maximum DRNL drawdown since its inception was -58.58%, which is greater than QQQY's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for DRNL and QQQY.

Drawdown Indicators

	DRNL	QQQY	Difference
Max Drawdown Largest peak-to-trough decline	-58.58%	-19.05%	-39.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.14%	—
Current Drawdown Current decline from peak	-31.90%	-0.55%	-31.35%
Average Drawdown Average peak-to-trough decline	-36.20%	-2.91%	-33.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.61%	—

Volatility

Volatility by Period

	DRNL	QQQY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	137.00%	13.66%	+123.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.00%	14.74%	+122.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.00%	14.74%	+122.26%

DRNL vs. QQQY - Expense Ratio Comparison

DRNL has a 1.31% expense ratio, which is higher than QQQY's 0.99% expense ratio.

Dividends

DRNL vs. QQQY - Dividend Comparison

DRNL has not paid dividends to shareholders, while QQQY's dividend yield for the trailing twelve months is around 35.18%.

Position	TTM	2025	2024	2023
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	0.00%	0.00%	0.00%	0.00%
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF	35.18%	45.34%	83.34%	20.64%

Frequently Asked Questions

Can I hold both DRNL and QQQY in my portfolio?

DRNL and QQQY have a correlation of 0.55, 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 QQQY?

On fees, QQQY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRNL or QQQY?

QQQY is cheaper with a 0.99% expense ratio, compared with 1.31% for DRNL.

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

QQQY has the higher dividend yield at 35.18%, compared with 0.00% for DRNL.

What is the main difference between DRNL and QQQY?

DRNL is categorized as Leveraged Equities, while QQQY is Nasdaq-100. Their fees differ too: 1.31% for DRNL and 0.99% for QQQY.