DRNZ vs. XDEF

Last updated Apr 1, 2026

Compare and contrast key facts about REX Drone ETF (DRNZ) and Xtrackers Europe Defense Technologies ETF (XDEF).

DRNZ and XDEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRNZ is a passively managed fund by REX that tracks the performance of the VettaFi Drone Index. It was launched on Oct 29, 2025. XDEF is a passively managed fund by Xtrackers that tracks the performance of the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. It was launched on Feb 19, 2026. Both DRNZ and XDEF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

DRNZ vs. XDEF - Yearly Performance Comparison

	2026 (YTD)
DRNZ REX Drone ETF	2.70%
XDEF Xtrackers Europe Defense Technologies ETF	-99.14%

Returns By Period

DRNZ

• 1D: 4.34%
• 1M: -7.48%
• YTD: 9.89%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDEF

• 1D: 5.06%
• 1M: -8.83%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNZ vs. XDEF - Expense Ratio Comparison

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

DRNZ

REX Drone ETF

XDEF

Xtrackers Europe Defense Technologies ETF

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	-0.10	-0.49	+0.39

Correlation

The correlation between DRNZ and XDEF is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DRNZ vs. XDEF - Dividend Comparison

Neither DRNZ nor XDEF has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DRNZ vs. XDEF - Drawdown Comparison

The maximum DRNZ drawdown since its inception was -24.52%, smaller than the maximum XDEF drawdown of -99.27%. 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%	-99.27%	+74.75%
Current Drawdown Current decline from peak	-17.41%	-99.23%	+81.82%
Average Drawdown Average peak-to-trough decline	-10.89%	-49.34%	+38.45%

Volatility

Volatility by Period

	DRNZ	XDEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	51.35%	205.45%	-154.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.35%	205.45%	-154.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.35%	205.45%	-154.10%