DRNZ vs. FLYD

Last updated Jun 24, 2026

DRNZ (REX Drone ETF) and FLYD (MicroSectors Travel -3X Inverse Leveraged ETNs) are both exchange-traded funds - DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index, while FLYD is a Inverse Equities fund tracking the MerQube MicroSectors U.S. Travel Index. Both are passively managed. At a correlation of -0.36, they often move in opposite directions. DRNZ charges 0.65%/yr vs 0.95%/yr for FLYD.

Performance

DRNZ vs. FLYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Drone ETF (DRNZ) and MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRNZ achieves a 1.73% return, which is significantly higher than FLYD's -26.01% return.

DRNZ

• 1D: -2.51%
• 1M: -9.52%
• YTD: 1.73%
• 6M: -2.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLYD

• 1D: -0.28%
• 1M: -24.44%
• YTD: -26.01%
• 6M: -22.75%
• 1Y: -55.79%
• 3Y*: -55.36%
• 5Y*: —
• 10Y*: —

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

DRNZ vs. FLYD - Yearly Performance Comparison

	2026 (YTD)	2025
DRNZ REX Drone ETF	1.73%	-12.91%
FLYD MicroSectors Travel -3X Inverse Leveraged ETNs	-26.01%	-17.92%

Correlation

The correlation between DRNZ and FLYD is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025	-0.36

Return for Risk

DRNZ vs. FLYD — Risk / Return Rank

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

DRNZ

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

FLYD

FLYD Risk / Return Rank: 2
FLYD Sharpe Ratio Rank: 3
FLYD Sortino Ratio Rank: 4
FLYD Omega Ratio Rank: 3
FLYD Calmar Ratio Rank: 0
FLYD Martin Ratio Rank: 0

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.

DRNZ vs. FLYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Drone ETF (DRNZ) and MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD). 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.

	DRNZ	FLYD	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.74	—
Sortino ratio: Return per unit of downside risk	—	-0.91	—
Omega ratio: Gain probability vs. loss probability	—	0.89	—
Calmar ratio: Return relative to maximum drawdown	—	-1.04	—
Martin ratio: Return relative to average drawdown	—	-1.89	—

Drawdowns

DRNZ vs. FLYD - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -26.23%, smaller than the maximum FLYD drawdown of -98.34%. Use the drawdown chart below to compare losses from any high point for DRNZ and FLYD.

Drawdown Indicators

	DRNZ	FLYD	Difference
Max Drawdown Largest peak-to-trough decline	-26.23%	-98.34%	+72.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-94.22%	—
Current Drawdown Current decline from peak	-24.53%	-98.29%	+73.76%
Average Drawdown Average peak-to-trough decline	-12.05%	-83.23%	+71.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.14%	—

Volatility

Volatility by Period

	DRNZ	FLYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	62.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	51.17%	75.78%	-24.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.17%	83.76%	-32.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.17%	83.76%	-32.59%

DRNZ vs. FLYD - Expense Ratio Comparison

DRNZ has a 0.65% expense ratio, which is lower than FLYD's 0.95% expense ratio.

Dividends

DRNZ vs. FLYD - Dividend Comparison

Neither DRNZ nor FLYD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRNZ and FLYD in my portfolio?

DRNZ and FLYD have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRNZ or FLYD?

On fees, DRNZ is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRNZ or FLYD?

DRNZ is cheaper with a 0.65% expense ratio, compared with 0.95% for FLYD.

Which ETF pays a higher dividend yield, DRNZ or FLYD?

DRNZ and FLYD have nearly identical dividend yields, around 0.00%.

What is the main difference between DRNZ and FLYD?

DRNZ is categorized as Aerospace & Defense, while FLYD is Inverse Equities. DRNZ tracks VettaFi Drone Index, while FLYD tracks MerQube MicroSectors U.S. Travel Index. Their fees differ too: 0.65% for DRNZ and 0.95% for FLYD.