WAR vs. DRNZ

Last updated Aug 2, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds. WAR is actively managed, while DRNZ is passively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. WAR charges 0.60%/yr vs 0.65%/yr for DRNZ.

Performance

WAR vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Technology and Aerospace & Defense ETF (WAR) and REX Drone ETF (DRNZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAR

• 1D: 0.10%
• 1M: -11.85%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DRNZ

• 1D: 0.56%
• 1M: -11.53%
• 6M: -18.37%
• YTD: -6.20%
• 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	$2.23M	$2.79M	$4.32M
WAR U.S. Global Technology and Aerospace & Defense ETF	$393.99K	$600.52K	$802.98K

WAR vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	-14.51%
DRNZ REX Drone ETF	-16.57%

Correlation

The correlation between WAR and DRNZ is 0.70, 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 May 26, 2026	0.70

Return for Risk

WAR vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Technology and Aerospace & Defense ETF (WAR) 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

WAR vs. DRNZ - Drawdown Comparison

The maximum WAR drawdown since its inception was -25.04%, smaller than the maximum DRNZ drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for WAR and DRNZ.

Drawdown Indicators

	WAR	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-25.04%	-34.12%	+9.08%
Current Drawdown Current decline from peak	-19.88%	-30.41%	+10.53%
Average Drawdown Average peak-to-trough decline	-10.62%	-14.30%	+3.68%

Volatility

Volatility by Period

	WAR	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.86%	50.55%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.86%	50.55%	-0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.86%	50.55%	-0.69%

WAR vs. DRNZ - Expense Ratio Comparison

WAR has a 0.60% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

WAR vs. DRNZ - Dividend Comparison

Neither WAR nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WAR and DRNZ in my portfolio?

WAR and DRNZ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAR or DRNZ?

On fees, WAR is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAR or DRNZ?

WAR is cheaper with a 0.60% expense ratio, compared with 0.65% for DRNZ.

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

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

What is the main difference between WAR and DRNZ?

They also come from different issuers: US Global and REX. Their fees differ too: 0.60% for WAR and 0.65% for DRNZ.