DRNZ
REX Drone ETF
REX Drone ETF seeks to provide investment results that correspond to the performance of companies engaged in the drone industry, including those involved in manufacturing, hardware, software, and services related to drones.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 119.2 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Oct 28, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ONDAS HOLDINGS, INC. | 15.4 % |
| AEROVIRONMENT INC | 12.5 % |
| NEXT VISION STABILIZED SYSTEMS LTD | 11.7 % |
| UNUSUAL MACHINES INC /US | 6.4 % |
| DRONESHIELD LTD | 5.7 % |
| RED CAT HOLDINGS INC | 5.2 % |
| ELSIGHT LTD | 4.5 % |
| AEVEX CORP | 4.1 % |
| EHANG HOLDINGS LTD. SPONSORED ADR CLASS | 3.5 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 2.2 % |
Constituent Breakdown
| Number of holdings | 35 |
| Herfindahl-Hirschman Index | 624 |
| Wgt avg mkt cap (mns) | $30,507 |
| Large cap (>$10bn) | 18.9% |
| Mid cap ($2-10bn) | 11.3% |
| Small cap (<$2bn) | 33.9% |
| Developed mkts. | 61.4% |
| Emerging mkts. | 4.5% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 42.6 % |
 |
AUSTRALIA | 5.7 % |
 |
PUERTO RICO | 5.2 % |
 |
CHINA | 3.5 % |
 |
FRANCE | 1.8 % |
 |
CANADA | 1.6 % |
 |
JAPAN | 1.3 % |
 |
BRITAIN | 1.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 34.8% | -- | -- | -- | -- | -- | -- | 20.1% |
| Dividend Yield | 0.0% | -- | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | 34.8% | -- | -- | -- | -- | -- | -- | 20.1% | Ann. Volatility | 52.5% | -- | -- | -- | -- | -- | -- | 50.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 196 |
| ADV traded (mns) | $6 |
| Turnover | 4.8% |
| Avg. Bid/Ask (% of price) | 0.40% |
Technical Indicators
| 30d moving avg. (EMA) | $25.57 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.43/-0.11 |
| Bollinger Bands (Upper/Lower) | $28.38/$22.25 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DRNZ |
Expenses vs. DRNZ |
ALTAR Score™ vs. DRNZ |
|---|---|---|---|---|
| BZZ | Corgi Drones & Urban Air Mobility ETF | 24.5% | -30 bp | -0.3% |
| JEDI | Defiance Drone and Modern Warfare ETF | 21.2% | +4 bp | +2.3% |
| CPAI | Counterpoint Quantitative Equity ETF | 15.4% | +10 bp | +6.6% |
| PPA | Invesco Aerospace & Defense ETF | 14.7% | -7 bp | +3.6% |
| NATO | Themes Transatlantic Defense ETF | 13.4% | -30 bp | +3.8% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 13.1% | -30 bp | +3.4% |
| MISL | First Trust Indxx Aerospace & Defense ETF | 12.1% | -5 bp | +3.4% |
| ARMY | Tema International Defense ETF | 11.6% | +3 bp | +5.0% |
| SHLD | Global X Defense Tech ETF | 11.2% | -15 bp | +4.9% |
| EXI | iShares Global Industrials ETF | 10.7% | -23 bp | +5.4% |
Risk and Returns: DRNZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
-1.3%
ALTAR SCORE™
2nd
PERCENTILE
AVOID
ETFRC RATING
There are 727 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. DRNZ's ALTAR Score™ is approximately -2.1 standard
deviations above the category average. This places DRNZ in the 2nd percentile
among funds in the category.
Sell-Side Consensus
$36.86
PRICE TARGET
+26.4%
UPSIDE