FEPI vs. DRNZ
FEPI (REX FANG & Innovation Equity Premium Income ETF) and DRNZ (REX Drone ETF) are both exchange-traded funds - FEPI is a Technology Equities fund actively managed by REX, while DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index. FEPI is actively managed, while DRNZ is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.
Performance
FEPI vs. DRNZ - Performance Comparison
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Returns By Period
In the year-to-date period, FEPI achieves a 10.45% return, which is significantly lower than DRNZ's 27.64% return.
FEPI
- 1D
- 0.02%
- 1M
- 5.76%
- YTD
- 10.45%
- 6M
- 11.25%
- 1Y
- 32.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRNZ
- 1D
- 2.30%
- 1M
- 9.00%
- YTD
- 27.64%
- 6M
- 32.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FEPI vs. DRNZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FEPI REX FANG & Innovation Equity Premium Income ETF | 10.45% | -2.38% |
DRNZ REX Drone ETF | 27.64% | -10.89% |
Correlation
The correlation between FEPI and DRNZ is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025 | 0.56 |
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Return for Risk
FEPI vs. DRNZ — Risk / Return Rank
FEPI
DRNZ
FEPI vs. DRNZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX FANG & Innovation Equity Premium Income ETF (FEPI) 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.
| FEPI | DRNZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.55 | — | — |
| Martin ratioReturn relative to average drawdown | 8.56 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEPI | DRNZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 0.48 | +0.68 |
Drawdowns
FEPI vs. DRNZ - Drawdown Comparison
The maximum FEPI drawdown since its inception was -23.56%, roughly equal to the maximum DRNZ drawdown of -24.52%. Use the drawdown chart below to compare losses from any high point for FEPI and DRNZ.
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Drawdown Indicators
| FEPI | DRNZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.56% | -24.52% | +0.96% |
Max Drawdown (1Y)Largest decline over 1 year | -12.91% | — | — |
Current DrawdownCurrent decline from peak | -1.43% | -5.32% | +3.89% |
Average DrawdownAverage peak-to-trough decline | -3.50% | -11.08% | +7.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | — | — |
Volatility
FEPI vs. DRNZ - Volatility Comparison
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Volatility by Period
| FEPI | DRNZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.52% | 50.73% | -34.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.00% | 50.73% | -31.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.00% | 50.73% | -31.73% |
FEPI vs. DRNZ - Expense Ratio Comparison
Both FEPI and DRNZ have an expense ratio of 0.65%.
Dividends
FEPI vs. DRNZ - Dividend Comparison
FEPI's dividend yield for the trailing twelve months is around 23.91%, while DRNZ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DRNZ REX Drone ETF | 0.00% | 0.00% | 0.00% | 0.00% |
FEPI REX FANG & Innovation Equity Premium Income ETF | 23.91% | 25.48% | 27.18% | 4.21% |
Frequently Asked Questions
FEPI and DRNZ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FEPI and DRNZ have the same expense ratio: 0.65% per year.
FEPI has the higher dividend yield at 23.91%, compared with 0.00% for DRNZ.
FEPI is categorized as Technology Equities, while DRNZ is Aerospace & Defense.
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