EPU vs. DRNZ

Last updated Jun 26, 2026

EPU (iShares MSCI Peru ETF) and DRNZ (REX Drone ETF) are both exchange-traded funds - EPU is a Mid Cap Blend Equities fund tracking the MSCI All Peru Capped Index, while DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index. Both are passively managed. At a 0.45 correlation, their price movements are largely independent. EPU charges 0.59%/yr vs 0.65%/yr for DRNZ.

Performance

EPU vs. DRNZ - Performance Comparison

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

Returns By Period

In the year-to-date period, EPU achieves a 16.35% return, which is significantly higher than DRNZ's -4.51% return.

EPU

• 1D: -0.14%
• 1M: -2.13%
• YTD: 16.35%
• 6M: 15.72%
• 1Y: 78.64%
• 3Y*: 45.24%
• 5Y*: 29.08%
• 10Y*: 14.70%

DRNZ

• 1D: -2.94%
• 1M: -17.04%
• YTD: -4.51%
• 6M: -7.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPU vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
EPU iShares MSCI Peru ETF	16.35%	16.18%
DRNZ REX Drone ETF	-4.51%	-12.91%

Correlation

The correlation between EPU and DRNZ is 0.45, 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 Oct 29, 2025	0.45

Return for Risk

EPU vs. DRNZ — Risk / Return Rank

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

EPU

EPU Risk / Return Rank: 78
EPU Sharpe Ratio Rank: 88
EPU Sortino Ratio Rank: 76
EPU Omega Ratio Rank: 78
EPU Calmar Ratio Rank: 82
EPU Martin Ratio Rank: 68

DRNZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

EPU vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Peru ETF (EPU) 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.

	EPU	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	2.52	—	—
Sortino ratio: Return per unit of downside risk	2.94	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.79	—	—
Martin ratio: Return relative to average drawdown	10.77	—	—

Drawdowns

EPU vs. DRNZ - Drawdown Comparison

The maximum EPU drawdown since its inception was -60.62%, which is greater than DRNZ's maximum drawdown of -29.17%. Use the drawdown chart below to compare losses from any high point for EPU and DRNZ.

Drawdown Indicators

	EPU	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-60.62%	-29.17%	-31.45%
Max Drawdown (1Y) Largest decline over 1 year	-20.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.97%	—	—
Current Drawdown Current decline from peak	-10.30%	-29.17%	+18.87%
Average Drawdown Average peak-to-trough decline	-18.79%	-12.24%	-6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.32%	—	—

Volatility

Volatility by Period

	EPU	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.38%	51.15%	-19.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.12%	51.15%	-26.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.66%	51.15%	-27.49%

EPU vs. DRNZ - Expense Ratio Comparison

EPU has a 0.59% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

EPU vs. DRNZ - Dividend Comparison

EPU's dividend yield for the trailing twelve months is around 2.06%, while DRNZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRNZ REX Drone ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPU iShares MSCI Peru ETF	2.06%	1.63%	5.78%	4.17%	5.56%	3.13%	1.91%	2.67%	1.53%	3.30%	0.85%	1.90%

Frequently Asked Questions

Can I hold both EPU and DRNZ in my portfolio?

EPU and DRNZ have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EPU or DRNZ?

On fees, EPU is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPU or DRNZ?

EPU is cheaper with a 0.59% expense ratio, compared with 0.65% for DRNZ.

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

EPU has the higher dividend yield at 2.06%, compared with 0.00% for DRNZ.

What is the main difference between EPU and DRNZ?

EPU is categorized as Mid Cap Blend Equities, while DRNZ is Aerospace & Defense. EPU tracks MSCI All Peru Capped Index, while DRNZ tracks VettaFi Drone Index. They also come from different issuers: iShares and REX. Their fees differ too: 0.59% for EPU and 0.65% for DRNZ.