DRNZ vs. WDGF

Last updated Jul 17, 2026

DRNZ (REX Drone ETF) and WDGF (WisdomTree Global Defense Fund) are both Aerospace & Defense funds - DRNZ tracks the VettaFi Drone Index while WDGF tracks the WisdomTree Global Defense Index. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. DRNZ charges 0.65%/yr vs 0.45%/yr for WDGF.

Performance

DRNZ vs. WDGF - Performance Comparison

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

Returns By Period

In the year-to-date period, DRNZ achieves a -6.81% return, which is significantly lower than WDGF's -2.38% return.

DRNZ

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

WDGF

• 1D: -1.11%
• 1M: -6.98%
• 6M: -15.92%
• YTD: -2.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNZ vs. WDGF - Yearly Performance Comparison

	2026 (YTD)	2025
DRNZ REX Drone ETF	-6.81%	-12.91%
WDGF WisdomTree Global Defense Fund	-2.38%	-3.52%

Correlation

The correlation between DRNZ and WDGF is 0.70, 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 29, 2025	0.70

Return for Risk

DRNZ vs. WDGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Drone ETF (DRNZ) and WisdomTree Global Defense Fund (WDGF). 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. WDGF - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -30.87%, which is greater than WDGF's maximum drawdown of -18.00%. Use the drawdown chart below to compare losses from any high point for DRNZ and WDGF.

Drawdown Indicators

	DRNZ	WDGF	Difference
Max Drawdown Largest peak-to-trough decline	-30.87%	-18.00%	-12.87%
Current Drawdown Current decline from peak	-30.87%	-17.35%	-13.52%
Average Drawdown Average peak-to-trough decline	-13.35%	-6.60%	-6.75%

Volatility

Volatility by Period

	DRNZ	WDGF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.52%	22.89%	+27.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.52%	22.89%	+27.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.52%	22.89%	+27.63%

DRNZ vs. WDGF - Expense Ratio Comparison

DRNZ has a 0.65% expense ratio, which is higher than WDGF's 0.45% expense ratio.

Dividends

DRNZ vs. WDGF - Dividend Comparison

DRNZ has not paid dividends to shareholders, while WDGF's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025
DRNZ REX Drone ETF	0.00%	0.00%
WDGF WisdomTree Global Defense Fund	0.05%	0.05%

Frequently Asked Questions

Can I hold both DRNZ and WDGF in my portfolio?

DRNZ and WDGF have a correlation of 0.70, 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 WDGF?

On fees, WDGF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRNZ or WDGF?

WDGF is cheaper with a 0.45% expense ratio, compared with 0.65% for DRNZ.

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

WDGF has the higher dividend yield at 0.05%, compared with 0.00% for DRNZ.

What is the main difference between DRNZ and WDGF?

DRNZ tracks VettaFi Drone Index, while WDGF tracks WisdomTree Global Defense Index. They also come from different issuers: REX and WisdomTree. Their fees differ too: 0.65% for DRNZ and 0.45% for WDGF.