JEDI vs. DRNZ

Last updated Apr 2, 2026

Compare and contrast key facts about Defiance Drone & Modern Warfare ETF (JEDI) and REX Drone ETF (DRNZ).

JEDI and DRNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRNZ is a passively managed fund by REX that tracks the performance of the VettaFi Drone Index. It was launched on Oct 29, 2025. Both JEDI and DRNZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JEDI vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Drone & Modern Warfare ETF (JEDI) and REX Drone ETF (DRNZ). The values are adjusted to include any dividend payments, if applicable.

JEDI vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
JEDI Defiance Drone & Modern Warfare ETF	8.03%	-7.31%
DRNZ REX Drone ETF	12.44%	-10.89%

Returns By Period

In the year-to-date period, JEDI achieves a 8.03% return, which is significantly lower than DRNZ's 12.44% return.

JEDI

• 1D: 2.50%
• 1M: -3.18%
• YTD: 8.03%
• 6M: -1.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRNZ

• 1D: 2.32%
• 1M: -8.96%
• YTD: 12.44%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEDI vs. DRNZ - Expense Ratio Comparison

JEDI has a 0.69% expense ratio, which is higher than DRNZ's 0.65% expense ratio.

JEDI

Defiance Drone & Modern Warfare ETF

DRNZ

REX Drone ETF

Return for Risk

JEDI vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Drone & Modern Warfare ETF (JEDI) 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.

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

Sharpe Ratios by Period

	JEDI	DRNZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.01	+0.22

Correlation

The correlation between JEDI and DRNZ is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

JEDI vs. DRNZ - Dividend Comparison

Neither JEDI nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

JEDI vs. DRNZ - Drawdown Comparison

The maximum JEDI drawdown since its inception was -21.67%, smaller than the maximum DRNZ drawdown of -24.52%. Use the drawdown chart below to compare losses from any high point for JEDI and DRNZ.

Drawdown Indicators

	JEDI	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-21.67%	-24.52%	+2.85%
Current Drawdown Current decline from peak	-13.19%	-15.49%	+2.30%
Average Drawdown Average peak-to-trough decline	-10.27%	-10.94%	+0.67%

Volatility

Volatility by Period

	JEDI	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.94%	51.22%	-15.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.94%	51.22%	-15.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.94%	51.22%	-15.28%