DRNZ vs. USO

Last updated Jun 4, 2026

DRNZ (REX Drone ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. At a correlation of -0.07, they often move in opposite directions. DRNZ charges 0.65%/yr vs 0.86%/yr for USO.

Performance

DRNZ vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Drone ETF (DRNZ) and United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRNZ achieves a 24.77% return, which is significantly lower than USO's 103.67% return.

DRNZ

• 1D: -6.81%
• 1M: 4.78%
• YTD: 24.77%
• 6M: 32.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USO

• 1D: 2.62%
• 1M: -4.57%
• YTD: 103.67%
• 6M: 99.35%
• 1Y: 101.55%
• 3Y*: 29.98%
• 5Y*: 24.41%
• 10Y*: 4.07%

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

DRNZ vs. USO - Yearly Performance Comparison

	2026 (YTD)	2025
DRNZ REX Drone ETF	24.77%	-10.89%
USO United States Oil Fund LP	103.67%	-3.68%

Correlation

The correlation between DRNZ and USO is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	-0.07

Return for Risk

DRNZ vs. USO — Risk / Return Rank

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

USO

USO Risk / Return Rank: 66
USO Sharpe Ratio Rank: 69
USO Sortino Ratio Rank: 60
USO Omega Ratio Rank: 61
USO Calmar Ratio Rank: 87
USO Martin Ratio Rank: 54

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. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Drone ETF (DRNZ) and United States Oil Fund LP (USO). 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	USO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.31	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	-0.18	+0.57

Drawdowns

DRNZ vs. USO - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -24.52%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for DRNZ and USO.

Drawdown Indicators

	DRNZ	USO	Difference
Max Drawdown Largest peak-to-trough decline	-24.52%	-98.19%	+73.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-86.75%	—
Current Drawdown Current decline from peak	-7.44%	-85.01%	+77.57%
Average Drawdown Average peak-to-trough decline	-11.12%	-75.30%	+64.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.82%	—

Volatility

Volatility by Period

	DRNZ	USO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.82%	44.20%	+6.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.82%	36.06%	+14.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.82%	39.00%	+11.82%

DRNZ vs. USO - Expense Ratio Comparison

DRNZ has a 0.65% expense ratio, which is lower than USO's 0.86% expense ratio.

Dividends

DRNZ vs. USO - Dividend Comparison

Neither DRNZ nor USO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRNZ and USO in my portfolio?

DRNZ and USO have a correlation of -0.07, 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 USO?

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 USO?

DRNZ is cheaper with a 0.65% expense ratio, compared with 0.86% for USO.

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

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

What is the main difference between DRNZ and USO?

DRNZ is categorized as Aerospace & Defense, while USO is Oil & Gas. DRNZ tracks VettaFi Drone Index, while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: REX and USCF. Their fees differ too: 0.65% for DRNZ and 0.86% for USO.