IDEF vs. DRNZ
IDEF (iShares Defense Industrials Active ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds. IDEF is actively managed, while DRNZ is passively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. IDEF charges 0.55%/yr vs 0.65%/yr for DRNZ.
Performance
IDEF vs. DRNZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDEF achieves a 5.28% return, which is significantly higher than DRNZ's -6.20% return.
IDEF
- 1D
- 0.33%
- 1M
- -1.85%
- 6M
- -6.23%
- YTD
- 5.28%
- 1Y
- 13.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 22.90%
DRNZ
- 1D
- 0.56%
- 1M
- -11.53%
- 6M
- -18.37%
- YTD
- -6.20%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DRNZ REX Drone ETF | $2.23M | $2.79M | $4.32M |
| $16.78M | $18.59M | $29.23M |
IDEF vs. DRNZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDEF iShares Defense Industrials Active ETF | 5.28% | -4.97% |
DRNZ REX Drone ETF | -6.20% | -12.91% |
Correlation
The correlation between IDEF and DRNZ is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025 | 0.75 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDEF vs. DRNZ — Risk / Return Rank
IDEF
DRNZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEF vs. DRNZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Defense Industrials Active ETF (IDEF) 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.
| IDEF | DRNZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.11 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | — | — |
| Martin ratioReturn relative to average drawdown | 1.65 | — | — |
Loading charts...
Drawdowns
IDEF vs. DRNZ - Drawdown Comparison
The maximum IDEF drawdown since its inception was -15.78%, smaller than the maximum DRNZ drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for IDEF and DRNZ.
Loading charts...
Drawdown Indicators
| IDEF | DRNZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.78% | -34.12% | +18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -15.78% | — | — |
Current DrawdownCurrent decline from peak | -11.86% | -30.41% | +18.55% |
Average DrawdownAverage peak-to-trough decline | -5.11% | -14.30% | +9.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | — | — |
Volatility
IDEF vs. DRNZ - Volatility Comparison
Loading charts...
Volatility by Period
| IDEF | DRNZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.86% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.81% | 50.55% | -27.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.65% | 50.55% | -28.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.65% | 50.55% | -28.90% |
IDEF vs. DRNZ - Expense Ratio Comparison
IDEF has a 0.55% expense ratio, which is lower than DRNZ's 0.65% expense ratio.
Dividends
IDEF vs. DRNZ - Dividend Comparison
IDEF's dividend yield for the trailing twelve months is around 0.33%, while DRNZ has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
DRNZ REX Drone ETF | 0.00% | 0.00% |
IDEF iShares Defense Industrials Active ETF | 0.33% | 0.17% |
Frequently Asked Questions
IDEF and DRNZ have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDEF is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEF is cheaper with a 0.55% expense ratio, compared with 0.65% for DRNZ.
IDEF has the higher dividend yield at 0.33%, compared with 0.00% for DRNZ.
They also come from different issuers: iShares and REX. Their fees differ too: 0.55% for IDEF and 0.65% for DRNZ.
Find the right allocation for IDEF and DRNZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer