ORBX vs. DRNZ

Last updated Aug 4, 2026

ORBX (Global X Space Tech ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds - ORBX tracks the Global X Space Tech Index while DRNZ tracks the VettaFi Drone Index. Both are passively managed. Their correlation of 0.82 means they have usually moved in the same direction. ORBX charges 0.50%/yr vs 0.65%/yr for DRNZ.

Performance

ORBX vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Space Tech ETF (ORBX) and REX Drone ETF (DRNZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ORBX

• 1D: 4.83%
• 1M: -22.06%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DRNZ

• 1D: 4.88%
• 1M: -7.21%
• 6M: -14.72%
• YTD: -1.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRNZ REX Drone ETF	$2.41M	$2.70M	$4.39M
ORBX Global X Space Tech ETF	$1.12M	$1.45M	$5.59M

ORBX vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)
ORBX Global X Space Tech ETF	-19.38%
DRNZ REX Drone ETF	-15.04%

Correlation

The correlation between ORBX and DRNZ is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026	0.82

Return for Risk

ORBX vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Space Tech ETF (ORBX) 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.

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

Drawdowns

ORBX vs. DRNZ - Drawdown Comparison

The maximum ORBX drawdown since its inception was -51.53%, which is greater than DRNZ's maximum drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for ORBX and DRNZ.

Drawdown Indicators

	ORBX	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-51.53%	-34.12%	-17.41%
Current Drawdown Current decline from peak	-46.95%	-27.02%	-19.93%
Average Drawdown Average peak-to-trough decline	-22.63%	-14.36%	-8.27%

Volatility

Volatility by Period

	ORBX	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.50%	50.74%	+24.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.50%	50.74%	+24.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.50%	50.74%	+24.76%

ORBX vs. DRNZ - Expense Ratio Comparison

ORBX has a 0.50% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

ORBX vs. DRNZ - Dividend Comparison

Neither ORBX nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ORBX and DRNZ in my portfolio?

ORBX and DRNZ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ORBX or DRNZ?

On fees, ORBX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ORBX or DRNZ?

ORBX is cheaper with a 0.50% expense ratio, compared with 0.65% for DRNZ.

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

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

What is the main difference between ORBX and DRNZ?

ORBX tracks Global X Space Tech Index, while DRNZ tracks VettaFi Drone Index. They also come from different issuers: Global X and REX. Their fees differ too: 0.50% for ORBX and 0.65% for DRNZ.