DRNZ vs. FLYD

Last updated Apr 2, 2026

Compare and contrast key facts about REX Drone ETF (DRNZ) and MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD).

DRNZ and FLYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRNZ is a passively managed fund by REX that tracks the performance of the VettaFi Drone Index. It was launched on Oct 29, 2025. FLYD is a passively managed fund by REX that tracks the performance of the MerQube MicroSectors U.S. Travel Index. It was launched on Jun 22, 2022. Both DRNZ and FLYD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

DRNZ vs. FLYD - Yearly Performance Comparison

	2026 (YTD)	2025
DRNZ REX Drone ETF	12.44%	-10.89%
FLYD MicroSectors Travel -3X Inverse Leveraged ETNs	26.36%	-19.49%

Returns By Period

In the year-to-date period, DRNZ achieves a 12.44% return, which is significantly lower than FLYD's 26.36% return.

DRNZ

• 1D: 2.32%
• 1M: -8.96%
• YTD: 12.44%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLYD

• 1D: -3.97%
• 1M: 7.80%
• YTD: 26.36%
• 6M: 5.01%
• 1Y: -62.53%
• 3Y*: -52.14%
• 5Y*: —
• 10Y*: —

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

DRNZ vs. FLYD - Expense Ratio Comparison

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

FLYD

MicroSectors Travel -3X Inverse Leveraged ETNs

DRNZ

REX Drone ETF

Return for Risk

DRNZ vs. FLYD — Risk / Return Rank

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

FLYD

FLYD Risk / Return Rank: 3
FLYD Sharpe Ratio Rank: 2
FLYD Sortino Ratio Rank: 3
FLYD Omega Ratio Rank: 3
FLYD Calmar Ratio Rank: 1
FLYD Martin Ratio Rank: 5

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.

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

Sharpe Ratios by Period

	DRNZ	FLYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	-0.72	+0.73

Correlation

The correlation between DRNZ and FLYD is -0.39. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

DRNZ vs. FLYD - Dividend Comparison

Neither DRNZ nor FLYD has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DRNZ vs. FLYD - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -24.52%, smaller than the maximum FLYD drawdown of -97.96%. 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	-24.52%	-97.96%	+73.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-82.41%	—
Current Drawdown Current decline from peak	-15.49%	-97.09%	+81.60%
Average Drawdown Average peak-to-trough decline	-10.94%	-82.46%	+71.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	72.53%	—

Volatility

Volatility by Period

	DRNZ	FLYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	28.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	54.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	51.22%	92.87%	-41.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.22%	83.48%	-32.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.22%	83.48%	-32.26%