DUTY vs. DRNZ

Last updated Aug 4, 2026

DUTY (U.S. Defense ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds - DUTY tracks the Solactive U.S. Defense Index while DRNZ tracks the VettaFi Drone Index. Both are passively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. DUTY charges 0.45%/yr vs 0.65%/yr for DRNZ.

Performance

DUTY vs. DRNZ - Performance Comparison

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

Returns By Period

DUTY

• 1D: 2.11%
• 1M: -1.98%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DRNZ

• 1D: 4.88%
• 1M: -7.21%
• 6M: -14.72%
• YTD: -1.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRNZ REX Drone ETF	$2.41M	$2.70M	$4.39M
DUTY U.S. Defense ETF	$33.13K	$29.00K	$68.78K

DUTY vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)
DUTY U.S. Defense ETF	4.57%
DRNZ REX Drone ETF	-14.62%

Correlation

The correlation between DUTY and DRNZ is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.67

Return for Risk

DUTY vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Defense ETF (DUTY) and REX Drone ETF (DRNZ). 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

DUTY vs. DRNZ - Drawdown Comparison

The maximum DUTY drawdown since its inception was -13.42%, smaller than the maximum DRNZ drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for DUTY and DRNZ.

Drawdown Indicators

	DUTY	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-13.42%	-34.12%	+20.70%
Current Drawdown Current decline from peak	-5.18%	-27.02%	+21.84%
Average Drawdown Average peak-to-trough decline	-5.09%	-14.36%	+9.27%

Volatility

Volatility by Period

	DUTY	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.19%	50.74%	-24.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.19%	50.74%	-24.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.19%	50.74%	-24.55%

DUTY vs. DRNZ - Expense Ratio Comparison

DUTY has a 0.45% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

DUTY vs. DRNZ - Dividend Comparison

Neither DUTY nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DUTY and DRNZ in my portfolio?

DUTY and DRNZ have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUTY or DRNZ?

On fees, DUTY 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, DUTY or DRNZ?

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

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

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

What is the main difference between DUTY and DRNZ?

DUTY tracks Solactive U.S. Defense Index, while DRNZ tracks VettaFi Drone Index. They also come from different issuers: Aura and REX. Their fees differ too: 0.45% for DUTY and 0.65% for DRNZ.