DRNZ vs. ORBX

Last updated Jul 17, 2026

DRNZ (REX Drone ETF) and ORBX (Global X Space Tech ETF) are both Aerospace & Defense funds - DRNZ tracks the VettaFi Drone Index while ORBX tracks the Global X Space Tech Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. DRNZ charges 0.65%/yr vs 0.50%/yr for ORBX.

Performance

DRNZ vs. ORBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Drone ETF (DRNZ) and Global X Space Tech ETF (ORBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRNZ

• 1D: -3.48%
• 1M: -16.16%
• 6M: -29.28%
• YTD: -6.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ORBX

• 1D: -6.52%
• 1M: -22.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNZ vs. ORBX - Yearly Performance Comparison

	2026 (YTD)
DRNZ REX Drone ETF	-19.52%
ORBX Global X Space Tech ETF	-19.05%

Correlation

The correlation between DRNZ and ORBX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026	0.80

Return for Risk

DRNZ vs. ORBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Drone ETF (DRNZ) and Global X Space Tech ETF (ORBX). 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.

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

Drawdowns

DRNZ vs. ORBX - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -30.87%, smaller than the maximum ORBX drawdown of -46.74%. Use the drawdown chart below to compare losses from any high point for DRNZ and ORBX.

Drawdown Indicators

	DRNZ	ORBX	Difference
Max Drawdown Largest peak-to-trough decline	-30.87%	-46.74%	+15.87%
Current Drawdown Current decline from peak	-30.87%	-46.74%	+15.87%
Average Drawdown Average peak-to-trough decline	-13.35%	-17.85%	+4.50%

Volatility

Volatility by Period

	DRNZ	ORBX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.52%	79.49%	-28.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.52%	79.49%	-28.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.52%	79.49%	-28.97%

DRNZ vs. ORBX - Expense Ratio Comparison

DRNZ has a 0.65% expense ratio, which is higher than ORBX's 0.50% expense ratio.

Dividends

DRNZ vs. ORBX - Dividend Comparison

Neither DRNZ nor ORBX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRNZ and ORBX in my portfolio?

DRNZ and ORBX have a correlation of 0.80, 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 ORBX?

On fees, ORBX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRNZ or ORBX?

ORBX is cheaper with a 0.50% expense ratio, compared with 0.65% for DRNZ.

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

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

What is the main difference between DRNZ and ORBX?

DRNZ tracks VettaFi Drone Index, while ORBX tracks Global X Space Tech Index. They also come from different issuers: REX and Global X. Their fees differ too: 0.65% for DRNZ and 0.50% for ORBX.