WDGF vs. DRNZ

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Global Defense Fund (WDGF) and REX Drone ETF (DRNZ).

WDGF and DRNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDGF is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global Defense Index. It was launched on Sep 10, 2025. 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 WDGF 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

WDGF vs. DRNZ - Performance Comparison

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

WDGF vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
WDGF WisdomTree Global Defense Fund	7.15%	-2.87%
DRNZ REX Drone ETF	9.89%	-10.89%

Returns By Period

In the year-to-date period, WDGF achieves a 7.15% return, which is significantly lower than DRNZ's 9.89% return.

WDGF

• 1D: 3.33%
• 1M: -6.23%
• YTD: 7.15%
• 6M: 1.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRNZ

• 1D: 4.34%
• 1M: -7.48%
• YTD: 9.89%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WDGF vs. DRNZ - Expense Ratio Comparison

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

DRNZ

REX Drone ETF

WDGF

WisdomTree Global Defense Fund

Return for Risk

WDGF vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Defense Fund (WDGF) 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

	WDGF	DRNZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	-0.10	+0.70

Correlation

The correlation between WDGF and DRNZ is 0.70, 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

WDGF vs. DRNZ - Dividend Comparison

WDGF's dividend yield for the trailing twelve months is around 0.05%, while DRNZ has not paid dividends to shareholders.

	TTM	2025
WDGF WisdomTree Global Defense Fund	0.05%	0.05%
DRNZ REX Drone ETF	0.00%	0.00%

Drawdowns

WDGF vs. DRNZ - Drawdown Comparison

The maximum WDGF drawdown since its inception was -13.29%, smaller than the maximum DRNZ drawdown of -24.52%. Use the drawdown chart below to compare losses from any high point for WDGF and DRNZ.

Drawdown Indicators

	WDGF	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-13.29%	-24.52%	+11.23%
Current Drawdown Current decline from peak	-9.28%	-17.41%	+8.13%
Average Drawdown Average peak-to-trough decline	-4.46%	-10.89%	+6.43%

Volatility

Volatility by Period

	WDGF	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.55%	51.35%	-29.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.55%	51.35%	-29.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.55%	51.35%	-29.80%