XDEF vs. DRNZ

Last updated Apr 1, 2026

Compare and contrast key facts about Xtrackers Europe Defense Technologies ETF (XDEF) and REX Drone ETF (DRNZ).

XDEF and DRNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDEF is a passively managed fund by Xtrackers that tracks the performance of the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. It was launched on Feb 19, 2026. 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 XDEF 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

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.

XDEF vs. DRNZ - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-99.14%
DRNZ REX Drone ETF	2.70%

Returns By Period

XDEF

• 1D: 5.06%
• 1M: -8.83%
• YTD: —
• 6M: —
• 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)

XDEF vs. DRNZ - Expense Ratio Comparison

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

DRNZ

REX Drone ETF

XDEF

Xtrackers Europe Defense Technologies ETF

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.

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

Sharpe Ratios by Period

	XDEF	DRNZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.49	-0.10	-0.39

Correlation

The correlation between XDEF and DRNZ is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XDEF vs. DRNZ - Dividend Comparison

Neither XDEF nor DRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XDEF vs. DRNZ - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.27%, which is greater than DRNZ's maximum drawdown of -24.52%. 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	-99.27%	-24.52%	-74.75%
Current Drawdown Current decline from peak	-99.23%	-17.41%	-81.82%
Average Drawdown Average peak-to-trough decline	-49.34%	-10.89%	-38.45%

Volatility

Volatility by Period

	XDEF	DRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	205.45%	51.35%	+154.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	205.45%	51.35%	+154.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	205.45%	51.35%	+154.10%