NVII vs. DRNZ

Last updated Jun 4, 2026

NVII (REX NVDA Growth & Income ETF) and DRNZ (REX Drone ETF) are both exchange-traded funds - NVII is a Derivative Income fund actively managed by REX, while DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index. NVII is actively managed, while DRNZ is passively managed. At a 0.31 correlation, their price movements are largely independent. NVII charges 0.99%/yr vs 0.65%/yr for DRNZ.

Performance

NVII vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX NVDA Growth & Income ETF (NVII) 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, NVII achieves a 15.50% return, which is significantly lower than DRNZ's 24.77% return.

NVII

• 1D: -3.35%
• 1M: 6.25%
• YTD: 15.50%
• 6M: 18.61%
• 1Y: 62.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRNZ

• 1D: -6.81%
• 1M: 4.78%
• YTD: 24.77%
• 6M: 32.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVII vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVDA Growth & Income ETF	15.50%	-8.15%
DRNZ REX Drone ETF	24.77%	-10.89%

Correlation

The correlation between NVII and DRNZ is 0.31, 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 30, 2025	0.31

Return for Risk

NVII vs. DRNZ — Risk / Return Rank

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

NVII

NVII Risk / Return Rank: 52
NVII Sharpe Ratio Rank: 52
NVII Sortino Ratio Rank: 47
NVII Omega Ratio Rank: 46
NVII Calmar Ratio Rank: 67
NVII Martin Ratio Rank: 50

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.

NVII vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX NVDA Growth & Income ETF (NVII) 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.

	NVII	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.35	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	3.39	—	—
Martin ratio: Return relative to average drawdown	8.64	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NVII	DRNZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.04	0.39	+1.65

Drawdowns

NVII vs. DRNZ - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.47%, smaller than the maximum DRNZ drawdown of -24.52%. Use the drawdown chart below to compare losses from any high point for NVII and DRNZ.

Drawdown Indicators

	NVII	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-24.52%	+6.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.47%	—	—
Current Drawdown Current decline from peak	-8.54%	-7.44%	-1.10%
Average Drawdown Average peak-to-trough decline	-5.50%	-11.12%	+5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	—	—

Volatility

Volatility by Period

	NVII	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.40%	50.82%	-16.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.54%	50.82%	-16.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.54%	50.82%	-16.28%

NVII vs. DRNZ - Expense Ratio Comparison

NVII has a 0.99% expense ratio, which is higher than DRNZ's 0.65% expense ratio.

Dividends

NVII vs. DRNZ - Dividend Comparison

NVII's dividend yield for the trailing twelve months is around 51.55%, while DRNZ has not paid dividends to shareholders.

Position	TTM	2025
DRNZ REX Drone ETF	0.00%	0.00%
NVII REX NVDA Growth & Income ETF	51.55%	29.17%

Frequently Asked Questions

Can I hold both NVII and DRNZ in my portfolio?

NVII and DRNZ have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVII 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, NVII or DRNZ?

DRNZ is cheaper with a 0.65% expense ratio, compared with 0.99% for NVII.

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

NVII has the higher dividend yield at 51.55%, compared with 0.00% for DRNZ.

What is the main difference between NVII and DRNZ?

NVII is categorized as Derivative Income, while DRNZ is Aerospace & Defense. Their fees differ too: 0.99% for NVII and 0.65% for DRNZ.