EUAD vs. DRNZ

Last updated Jun 25, 2026

EUAD (Select STOXX Europe Aerospace & Defense ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds - EUAD tracks the STOXX Europe Total Market Aerospace & Defense Index while DRNZ tracks the VettaFi Drone Index. Both are passively managed. At a 0.47 correlation, their price movements are largely independent. EUAD charges 0.50%/yr vs 0.65%/yr for DRNZ.

Performance

EUAD vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Select STOXX Europe Aerospace & Defense ETF (EUAD) 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, EUAD achieves a -2.02% return, which is significantly lower than DRNZ's -1.62% return.

EUAD

• 1D: -1.20%
• 1M: 3.02%
• YTD: -2.02%
• 6M: -2.18%
• 1Y: 2.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRNZ

• 1D: -3.30%
• 1M: -12.50%
• YTD: -1.62%
• 6M: -4.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUAD vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
EUAD Select STOXX Europe Aerospace & Defense ETF	-2.02%	-4.99%
DRNZ REX Drone ETF	-1.62%	-12.91%

Correlation

The correlation between EUAD and DRNZ is 0.47, 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	0.47

Return for Risk

EUAD vs. DRNZ — Risk / Return Rank

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

EUAD

EUAD Risk / Return Rank: 10
EUAD Sharpe Ratio Rank: 10
EUAD Sortino Ratio Rank: 10
EUAD Omega Ratio Rank: 10
EUAD Calmar Ratio Rank: 10
EUAD Martin Ratio Rank: 10

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.

EUAD vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Select STOXX Europe Aerospace & Defense ETF (EUAD) 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.

	EUAD	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	0.08	—	—
Sortino ratio: Return per unit of downside risk	0.33	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.11	—	—
Martin ratio: Return relative to average drawdown	0.24	—	—

Drawdowns

EUAD vs. DRNZ - Drawdown Comparison

The maximum EUAD drawdown since its inception was -22.04%, smaller than the maximum DRNZ drawdown of -27.02%. Use the drawdown chart below to compare losses from any high point for EUAD and DRNZ.

Drawdown Indicators

	EUAD	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-22.04%	-27.02%	+4.98%
Max Drawdown (1Y) Largest decline over 1 year	-22.04%	—	—
Current Drawdown Current decline from peak	-14.50%	-27.02%	+12.52%
Average Drawdown Average peak-to-trough decline	-6.00%	-12.14%	+6.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.61%	—	—

Volatility

Volatility by Period

	EUAD	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.21%	51.18%	-21.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.71%	51.18%	-21.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.71%	51.18%	-21.47%

EUAD vs. DRNZ - Expense Ratio Comparison

EUAD has a 0.50% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

EUAD vs. DRNZ - Dividend Comparison

EUAD's dividend yield for the trailing twelve months is around 0.41%, while DRNZ has not paid dividends to shareholders.

Position	TTM	2025	2024
DRNZ REX Drone ETF	0.00%	0.00%	0.00%
EUAD Select STOXX Europe Aerospace & Defense ETF	0.41%	0.40%	0.10%

Frequently Asked Questions

Can I hold both EUAD and DRNZ in my portfolio?

EUAD and DRNZ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUAD or DRNZ?

On fees, EUAD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUAD or DRNZ?

EUAD is cheaper with a 0.50% expense ratio, compared with 0.65% for DRNZ.

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

EUAD has the higher dividend yield at 0.41%, compared with 0.00% for DRNZ.

What is the main difference between EUAD and DRNZ?

EUAD tracks STOXX Europe Total Market Aerospace & Defense Index, while DRNZ tracks VettaFi Drone Index. They also come from different issuers: Select Funds and REX. Their fees differ too: 0.50% for EUAD and 0.65% for DRNZ.