FLYU vs. DRNZ

Last updated Jun 24, 2026

FLYU (MicroSectors Travel 3X Leveraged ETNs) and DRNZ (REX Drone ETF) are both exchange-traded funds - FLYU is a Leveraged Equities fund tracking the MerQube MicroSectors U.S. Travel Index, while DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index. Both are passively managed. At a 0.37 correlation, their price movements are largely independent. FLYU charges 0.95%/yr vs 0.65%/yr for DRNZ.

Performance

FLYU vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Travel 3X Leveraged ETNs (FLYU) 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, FLYU achieves a -11.61% return, which is significantly lower than DRNZ's 1.73% return.

FLYU

• 1D: 0.24%
• 1M: 23.11%
• YTD: -11.61%
• 6M: -15.72%
• 1Y: 12.48%
• 3Y*: 9.36%
• 5Y*: —
• 10Y*: —

DRNZ

• 1D: -2.51%
• 1M: -9.52%
• YTD: 1.73%
• 6M: -2.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLYU vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
FLYU MicroSectors Travel 3X Leveraged ETNs	-11.61%	10.36%
DRNZ REX Drone ETF	1.73%	-12.91%

Correlation

The correlation between FLYU and DRNZ is 0.37, 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	0.37

Return for Risk

FLYU vs. DRNZ — Risk / Return Rank

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

FLYU

FLYU Risk / Return Rank: 13
FLYU Sharpe Ratio Rank: 11
FLYU Sortino Ratio Rank: 16
FLYU Omega Ratio Rank: 15
FLYU Calmar Ratio Rank: 11
FLYU Martin Ratio Rank: 11

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.

FLYU vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Travel 3X Leveraged ETNs (FLYU) 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.

	FLYU	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	0.17	—	—
Sortino ratio: Return per unit of downside risk	0.81	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.24	—	—
Martin ratio: Return relative to average drawdown	0.50	—	—

Drawdowns

FLYU vs. DRNZ - Drawdown Comparison

The maximum FLYU drawdown since its inception was -69.00%, which is greater than DRNZ's maximum drawdown of -26.23%. Use the drawdown chart below to compare losses from any high point for FLYU and DRNZ.

Drawdown Indicators

	FLYU	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-69.00%	-26.23%	-42.77%
Max Drawdown (1Y) Largest decline over 1 year	-52.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-69.00%	—	—
Current Drawdown Current decline from peak	-29.88%	-24.53%	-5.35%
Average Drawdown Average peak-to-trough decline	-26.54%	-12.05%	-14.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.27%	—	—

Volatility

Volatility by Period

	FLYU	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	60.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	74.93%	51.17%	+23.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.22%	51.17%	+32.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.22%	51.17%	+32.05%

FLYU vs. DRNZ - Expense Ratio Comparison

FLYU has a 0.95% expense ratio, which is higher than DRNZ's 0.65% expense ratio.

Dividends

FLYU vs. DRNZ - Dividend Comparison

Neither FLYU nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FLYU and DRNZ in my portfolio?

FLYU and DRNZ have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLYU or DRNZ?

On fees, DRNZ is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLYU or DRNZ?

DRNZ is cheaper with a 0.65% expense ratio, compared with 0.95% for FLYU.

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

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

What is the main difference between FLYU and DRNZ?

FLYU is categorized as Leveraged Equities, while DRNZ is Aerospace & Defense. FLYU tracks MerQube MicroSectors U.S. Travel Index, while DRNZ tracks VettaFi Drone Index. Their fees differ too: 0.95% for FLYU and 0.65% for DRNZ.