DRNZ: REX DRONE ETF
ETF Education Report: REX DRONE ETF (DRNZ)
What this ETF is trying to do
The REX DRONE ETF (ticker: DRNZ) is an exchange-traded fund that focuses on the drone industry. It holds a variety of different companies within its portfolio. Based on the top holdings, the fund includes companies like AeroVironment Inc, Next Vision Stabilized Systems Ltd, and Ondas Inc. Because the list of holdings provided is partial, these are just some of the companies the fund owns; there are 54 total holdings in the fund.
What the numbers show
As of October 5, 2026, the current price of one share of DRNZ is $19.79.
When looking at how the fund has performed recently, we look at "returns." The Year-to-Date (YTD) price return is approximately -9.11%. This means the share price has dropped by about 9.11% since the start of the year. The YTD total return is also approximately -9.11%. In this specific case, the price return and the total return are the same because there were no distributions to add to the price change.
Other data, such as the one-year return and three-year return, were not supplied in the current report.
Income and distribution explanation
Some investors look for ETFs that pay them cash regularly; this is called a "distribution." For DRNZ, no distributions have been detected. The distribution yield is 0%, and there have been zero payouts in the last 12 months. Because there is no income being paid out, the income rating for this ETF is an "F."
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases. While some investors worry about this, there is no "severe erosion-risk flag" for this ETF. The report notes that the erosion score is withheld because there is not enough verified price history to provide a specific measurement.
Pros
• The fund provides exposure to a specific sector (drones) through a single investment.
• It holds a diverse group of 54 different companies.
Cons
• The fund has experienced a share-price decline of approximately 9.11% so far this year.
• It does not currently provide any cash income or distributions to investors.
Beginner takeaway
DRNZ is an ETF that tracks companies involved in drone technology. Currently, the share price has moved downward this year. It is also important to note that this fund does not pay out regular cash distributions. Always remember that holdings can change over time, and past performance does not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | AEROVIRONMENT INC | AVAV | 13.07% |
| 2 | NEXT VISION STABILIZED SYSTEMS LTD | n/a | 11.92% |
| 3 | ONDAS INC | ONDS | 11.72% |
| 4 | DRONESHIELD LTD | n/a | 5.44% |
| 5 | ELSIGHT LTD | n/a | 4.67% |
| 6 | RED CAT HOLDINGS INC | RCAT | 4.57% |
| 7 | UNUSUAL MACHINES INC | UMAC | 3.91% |
| 8 | AEVEX CORP CLASS A | AVEX | 3.27% |
| 9 | EHANG HOLDINGS LTD ADR | EH | 3.21% |
| 10 | GE AEROSPACE | GE | 2.73% |