ROKT vs. DRNZ

Last updated Jun 4, 2026

ROKT (SPDR S&P Kensho Final Frontiers ETF) and DRNZ (REX Drone ETF) are both exchange-traded funds - ROKT is a Industrials Equities fund tracking the S&P Kensho Final Frontiers Index, while DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. ROKT charges 0.45%/yr vs 0.65%/yr for DRNZ.

Performance

ROKT vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Final Frontiers ETF (ROKT) 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, ROKT achieves a 46.55% return, which is significantly higher than DRNZ's 24.77% return.

ROKT

• 1D: -3.71%
• 1M: 12.62%
• YTD: 46.55%
• 6M: 60.20%
• 1Y: 111.37%
• 3Y*: 44.75%
• 5Y*: 24.68%
• 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)

ROKT vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
ROKT SPDR S&P Kensho Final Frontiers ETF	46.55%	5.49%
DRNZ REX Drone ETF	24.77%	-10.89%

Correlation

The correlation between ROKT and DRNZ is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	0.75

Return for Risk

ROKT vs. DRNZ — Risk / Return Rank

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

ROKT

ROKT Risk / Return Rank: 93
ROKT Sharpe Ratio Rank: 95
ROKT Sortino Ratio Rank: 92
ROKT Omega Ratio Rank: 89
ROKT Calmar Ratio Rank: 96
ROKT Martin Ratio Rank: 96

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.

ROKT vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) 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.

	ROKT	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	3.88	—	—
Sortino ratio: Return per unit of downside risk	4.47	—	—
Omega ratio: Gain probability vs. loss probability	1.57	—	—
Calmar ratio: Return relative to maximum drawdown	9.82	—	—
Martin ratio: Return relative to average drawdown	35.81	—	—
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

	ROKT	DRNZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.39	+0.47

Drawdowns

ROKT vs. DRNZ - Drawdown Comparison

The maximum ROKT drawdown since its inception was -43.16%, which is greater than DRNZ's maximum drawdown of -24.52%. Use the drawdown chart below to compare losses from any high point for ROKT and DRNZ.

Drawdown Indicators

	ROKT	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-43.16%	-24.52%	-18.64%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	—	—
Current Drawdown Current decline from peak	-8.82%	-7.44%	-1.38%
Average Drawdown Average peak-to-trough decline	-6.75%	-11.12%	+4.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	—	—

Volatility

Volatility by Period

	ROKT	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.89%	50.82%	-21.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.78%	50.82%	-28.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.14%	50.82%	-25.68%

ROKT vs. DRNZ - Expense Ratio Comparison

ROKT has a 0.45% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

ROKT vs. DRNZ - Dividend Comparison

ROKT's dividend yield for the trailing twelve months is around 0.27%, while DRNZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRNZ REX Drone ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.27%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%

Frequently Asked Questions

Can I hold both ROKT and DRNZ in my portfolio?

ROKT 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.

Which ETF is better, ROKT or DRNZ?

On fees, ROKT is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROKT or DRNZ?

ROKT is cheaper with a 0.45% expense ratio, compared with 0.65% for DRNZ.

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

ROKT has the higher dividend yield at 0.27%, compared with 0.00% for DRNZ.

What is the main difference between ROKT and DRNZ?

ROKT is categorized as Industrials Equities, while DRNZ is Aerospace & Defense. ROKT tracks S&P Kensho Final Frontiers Index, while DRNZ tracks VettaFi Drone Index. They also come from different issuers: State Street and REX. Their fees differ too: 0.45% for ROKT and 0.65% for DRNZ.