DRNZ vs. XDEF

Last updated Jun 4, 2026

DRNZ (REX Drone ETF) and XDEF (Xtrackers Europe Defense Technologies ETF) are both Aerospace & Defense funds - DRNZ tracks the VettaFi Drone Index while XDEF tracks the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. DRNZ charges 0.65%/yr vs 0.35%/yr for XDEF.

Performance

DRNZ vs. XDEF - Performance Comparison

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

Returns By Period

DRNZ

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

XDEF

• 1D: -2.06%
• 1M: -2.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNZ vs. XDEF - Yearly Performance Comparison

	2026 (YTD)
DRNZ REX Drone ETF	16.60%
XDEF Xtrackers Europe Defense Technologies ETF	-99.17%

Correlation

The correlation between DRNZ and XDEF is 0.52, 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 Jan 5, 2026	0.52

Return for Risk

DRNZ vs. XDEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Drone ETF (DRNZ) and Xtrackers Europe Defense Technologies ETF (XDEF). 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	XDEF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	-0.64	+1.03

Drawdowns

DRNZ vs. XDEF - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -24.52%, smaller than the maximum XDEF drawdown of -99.30%. Use the drawdown chart below to compare losses from any high point for DRNZ and XDEF.

Drawdown Indicators

	DRNZ	XDEF	Difference
Max Drawdown Largest peak-to-trough decline	-24.52%	-99.30%	+74.78%
Current Drawdown Current decline from peak	-7.44%	-99.26%	+91.82%
Average Drawdown Average peak-to-trough decline	-11.12%	-70.45%	+59.33%

Volatility

Volatility by Period

	DRNZ	XDEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.82%	157.63%	-106.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.82%	157.63%	-106.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.82%	157.63%	-106.81%

DRNZ vs. XDEF - Expense Ratio Comparison

DRNZ has a 0.65% expense ratio, which is higher than XDEF's 0.35% expense ratio.

Dividends

DRNZ vs. XDEF - Dividend Comparison

Neither DRNZ nor XDEF has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRNZ and XDEF in my portfolio?

DRNZ and XDEF have a correlation of 0.52, 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 XDEF?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRNZ or XDEF?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.65% for DRNZ.

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

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

What is the main difference between DRNZ and XDEF?

DRNZ tracks VettaFi Drone Index, while XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. They also come from different issuers: REX and Xtrackers. Their fees differ too: 0.65% for DRNZ and 0.35% for XDEF.