WTID vs. DRNZ

Last updated Jun 25, 2026

WTID (MicroSectors Energy -3X Inverse Leveraged ETN) and DRNZ (REX Drone ETF) are both exchange-traded funds - WTID is a Inverse Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while DRNZ is a Aerospace & Defense fund tracking the VettaFi Drone Index. Both are passively managed. At a 0.01 correlation, their price movements are largely independent. WTID charges 0.95%/yr vs 0.65%/yr for DRNZ.

Performance

WTID vs. DRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy -3X Inverse Leveraged ETN (WTID) 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, WTID achieves a -51.19% return, which is significantly lower than DRNZ's -1.62% return.

WTID

• 1D: 5.01%
• 1M: 26.91%
• YTD: -51.19%
• 6M: -52.60%
• 1Y: -61.21%
• 3Y*: -45.26%
• 5Y*: —
• 10Y*: —

DRNZ

• 1D: -3.30%
• 1M: -12.50%
• YTD: -1.62%
• 6M: -4.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTID vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)	2025
WTID MicroSectors Energy -3X Inverse Leveraged ETN	-51.19%	-9.54%
DRNZ REX Drone ETF	-1.62%	-12.91%

Correlation

The correlation between WTID and DRNZ is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025	0.01

Return for Risk

WTID vs. DRNZ — Risk / Return Rank

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

WTID

WTID Risk / Return Rank: 2
WTID Sharpe Ratio Rank: 2
WTID Sortino Ratio Rank: 2
WTID Omega Ratio Rank: 2
WTID Calmar Ratio Rank: 2
WTID Martin Ratio Rank: 2

DRNZ

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

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.

WTID vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy -3X Inverse Leveraged ETN (WTID) 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.

	WTID	DRNZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	—	—
Sortino ratio: Return per unit of downside risk	-1.51	—	—
Omega ratio: Gain probability vs. loss probability	0.84	—	—
Calmar ratio: Return relative to maximum drawdown	-0.82	—	—
Martin ratio: Return relative to average drawdown	-1.39	—	—

Drawdowns

WTID vs. DRNZ - Drawdown Comparison

The maximum WTID drawdown since its inception was -90.35%, which is greater than DRNZ's maximum drawdown of -27.02%. Use the drawdown chart below to compare losses from any high point for WTID and DRNZ.

Drawdown Indicators

	WTID	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-90.35%	-27.02%	-63.33%
Max Drawdown (1Y) Largest decline over 1 year	-74.87%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-88.44%	—	—
Current Drawdown Current decline from peak	-85.62%	-27.02%	-58.60%
Average Drawdown Average peak-to-trough decline	-54.92%	-12.14%	-42.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.18%	—	—

Volatility

Volatility by Period

	WTID	DRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	54.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	67.44%	51.18%	+16.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.50%	51.18%	+19.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.50%	51.18%	+19.32%

WTID vs. DRNZ - Expense Ratio Comparison

WTID has a 0.95% expense ratio, which is higher than DRNZ's 0.65% expense ratio.

Dividends

WTID vs. DRNZ - Dividend Comparison

Neither WTID nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTID and DRNZ in my portfolio?

WTID and DRNZ have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTID 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, WTID or DRNZ?

DRNZ is cheaper with a 0.65% expense ratio, compared with 0.95% for WTID.

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

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

What is the main difference between WTID and DRNZ?

WTID is categorized as Inverse Equities, while DRNZ is Aerospace & Defense. WTID tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while DRNZ tracks VettaFi Drone Index. Their fees differ too: 0.95% for WTID and 0.65% for DRNZ.