DRNZ vs. IDEF
DRNZ (REX Drone ETF) and IDEF (iShares Defense Industrials Active ETF) are both Aerospace & Defense funds. DRNZ is passively managed, while IDEF is actively managed. A 0.73 correlation means they provide meaningful diversification when combined. DRNZ charges 0.65%/yr vs 0.55%/yr for IDEF.
Performance
DRNZ vs. IDEF - Performance Comparison
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Returns By Period
In the year-to-date period, DRNZ achieves a 27.64% return, which is significantly higher than IDEF's 6.53% return.
DRNZ
- 1D
- 2.30%
- 1M
- 9.00%
- YTD
- 27.64%
- 6M
- 32.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEF
- 1D
- 1.70%
- 1M
- -1.20%
- YTD
- 6.53%
- 6M
- 9.95%
- 1Y
- 23.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRNZ vs. IDEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DRNZ REX Drone ETF | 27.64% | -10.89% |
IDEF iShares Defense Industrials Active ETF | 6.53% | -4.69% |
Correlation
The correlation between DRNZ and IDEF is 0.73, 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 Oct 30, 2025 | 0.73 |
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Return for Risk
DRNZ vs. IDEF — Risk / Return Rank
DRNZ
IDEF
DRNZ vs. IDEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX Drone ETF (DRNZ) and iShares Defense Industrials Active ETF (IDEF). 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.
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Sharpe Ratios by Period
| DRNZ | IDEF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 1.43 | -0.94 |
Drawdowns
DRNZ vs. IDEF - Drawdown Comparison
The maximum DRNZ drawdown since its inception was -24.52%, which is greater than IDEF's maximum drawdown of -14.63%. Use the drawdown chart below to compare losses from any high point for DRNZ and IDEF.
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Drawdown Indicators
| DRNZ | IDEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.52% | -14.63% | -9.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.63% | — |
Current DrawdownCurrent decline from peak | -5.32% | -10.81% | +5.49% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -3.93% | -7.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.65% | — |
Volatility
DRNZ vs. IDEF - Volatility Comparison
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Volatility by Period
| DRNZ | IDEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 50.73% | 21.19% | +29.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.73% | 21.08% | +29.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.73% | 21.08% | +29.65% |
DRNZ vs. IDEF - Expense Ratio Comparison
DRNZ has a 0.65% expense ratio, which is higher than IDEF's 0.55% expense ratio.
Dividends
DRNZ vs. IDEF - Dividend Comparison
DRNZ has not paid dividends to shareholders, while IDEF's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 |
|---|---|---|
DRNZ REX Drone ETF | 0.00% | 0.00% |
IDEF iShares Defense Industrials Active ETF | 0.16% | 0.17% |
Frequently Asked Questions
DRNZ and IDEF have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDEF is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEF is cheaper with a 0.55% expense ratio, compared with 0.65% for DRNZ.
IDEF has the higher dividend yield at 0.16%, compared with 0.00% for DRNZ.
They also come from different issuers: REX and iShares. Their fees differ too: 0.65% for DRNZ and 0.55% for IDEF.
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