XDEF vs. DRNZ

Last updated Aug 2, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and DRNZ (REX Drone ETF) are both Aerospace & Defense funds - XDEF tracks the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index while DRNZ tracks the VettaFi Drone Index. Both are passively managed. Their 0.55 correlation means they have sometimes moved together and sometimes differently. XDEF charges 0.35%/yr vs 0.65%/yr for DRNZ.

Performance

XDEF vs. DRNZ - Performance Comparison

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

Returns By Period

XDEF

• 1D: -0.02%
• 1M: 1.13%
• 6M: -99.17%
• 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
XDEF Xtrackers Europe Defense Technologies ETF	$25.38K	$19.51K	$30.56K

XDEF vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-99.10%
DRNZ REX Drone ETF	-6.20%

Correlation

The correlation between XDEF and DRNZ is 0.55, 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 Jan 2, 2026	0.55

Return for Risk

XDEF vs. DRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) 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

XDEF vs. DRNZ - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than DRNZ's maximum drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for XDEF and DRNZ.

Drawdown Indicators

	XDEF	DRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-34.12%	-65.18%
Current Drawdown Current decline from peak	-99.21%	-30.41%	-68.80%
Average Drawdown Average peak-to-trough decline	-77.91%	-14.30%	-63.61%

Volatility

Volatility by Period

	XDEF	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	134.34%	50.55%	+83.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	134.34%	50.55%	+83.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	134.34%	50.55%	+83.79%

XDEF vs. DRNZ - Expense Ratio Comparison

XDEF has a 0.35% expense ratio, which is lower than DRNZ's 0.65% expense ratio.

Dividends

XDEF vs. DRNZ - Dividend Comparison

XDEF's dividend yield for the trailing twelve months is around 1.41%, while DRNZ has not paid dividends to shareholders.

Position	TTM
DRNZ REX Drone ETF	0.00%
XDEF Xtrackers Europe Defense Technologies ETF	1.41%

Frequently Asked Questions

Can I hold both XDEF and DRNZ in my portfolio?

XDEF and DRNZ have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEF or DRNZ?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEF or DRNZ?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.65% for DRNZ.

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

XDEF has the higher dividend yield at 1.41%, compared with 0.00% for DRNZ.

What is the main difference between XDEF and DRNZ?

XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while DRNZ tracks VettaFi Drone Index. They also come from different issuers: Xtrackers and REX. Their fees differ too: 0.35% for XDEF and 0.65% for DRNZ.