EMQQ.L vs. DRON.L

Last updated Jun 5, 2026

EMQQ.L (EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating) and DRON.L (Drone UCITS ETF Acc) are both exchange-traded funds - EMQQ.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while DRON.L is a Aerospace & Defense fund tracking the VettaFi Drones UCITS Index. Both are passively managed. At a 0.27 correlation, their price movements are largely independent. EMQQ.L charges 0.86%/yr vs 0.69%/yr for DRON.L.

Performance

EMQQ.L vs. DRON.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L) and Drone UCITS ETF Acc (DRON.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EMQQ.L

• 1D: -3.07%
• 1M: -4.41%
• YTD: -18.98%
• 6M: -20.64%
• 1Y: -17.05%
• 3Y*: 4.80%
• 5Y*: -11.57%
• 10Y*: —

DRON.L

• 1D: 2.35%
• 1M: 21.17%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMQQ.L vs. DRON.L - Yearly Performance Comparison

	2026 (YTD)
EMQQ.L EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating	-4.21%
DRON.L Drone UCITS ETF Acc	1.33%

Correlation

The correlation between EMQQ.L and DRON.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 9, 2026	0.27

Return for Risk

EMQQ.L vs. DRON.L — Risk / Return Rank

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

EMQQ.L

EMQQ.L Risk / Return Rank: 4
EMQQ.L Sharpe Ratio Rank: 3
EMQQ.L Sortino Ratio Rank: 3
EMQQ.L Omega Ratio Rank: 3
EMQQ.L Calmar Ratio Rank: 5
EMQQ.L Martin Ratio Rank: 4

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.

EMQQ.L vs. DRON.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L) and Drone UCITS ETF Acc (DRON.L). 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.

	EMQQ.L	DRON.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	—	—
Sortino ratio: Return per unit of downside risk	-0.97	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.51	—	—
Martin ratio: Return relative to average drawdown	-1.01	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EMQQ.L	DRON.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.09	-0.04

Drawdowns

EMQQ.L vs. DRON.L - Drawdown Comparison

The maximum EMQQ.L drawdown since its inception was -73.83%, which is greater than DRON.L's maximum drawdown of -31.02%. Use the drawdown chart below to compare losses from any high point for EMQQ.L and DRON.L.

Drawdown Indicators

	EMQQ.L	DRON.L	Difference
Max Drawdown Largest peak-to-trough decline	-73.83%	-31.02%	-42.81%
Max Drawdown (1Y) Largest decline over 1 year	-30.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.44%	—	—
Current Drawdown Current decline from peak	-58.58%	-7.06%	-51.52%
Average Drawdown Average peak-to-trough decline	-38.27%	-16.26%	-22.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.29%	—	—

Volatility

Volatility by Period

	EMQQ.L	DRON.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.04%	67.61%	-46.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.92%	67.61%	-34.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.41%	67.61%	-35.20%

EMQQ.L vs. DRON.L - Expense Ratio Comparison

EMQQ.L has a 0.86% expense ratio, which is higher than DRON.L's 0.69% expense ratio.

Dividends

EMQQ.L vs. DRON.L - Dividend Comparison

Neither EMQQ.L nor DRON.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EMQQ.L and DRON.L in my portfolio?

EMQQ.L and DRON.L have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMQQ.L or DRON.L?

On fees, DRON.L is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMQQ.L or DRON.L?

DRON.L is cheaper with a 0.69% expense ratio, compared with 0.86% for EMQQ.L.

What is the main difference between EMQQ.L and DRON.L?

EMQQ.L is categorized as Technology Equities, while DRON.L is Aerospace & Defense. EMQQ.L tracks MSCI World/Information Tech NR USD, while DRON.L tracks VettaFi Drones UCITS Index. Their fees differ too: 0.86% for EMQQ.L and 0.69% for DRON.L.