DRNZ vs NATO
REX Drone ETF against Themes Transatlantic Defense ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
17%
24 shared positions
Fee gap
30 bp
NATO is cheaper
1-year return gap
—
Larger fund
DRNZ
$98M
Side by side
| DRNZ | NATO | |
|---|---|---|
| Fund | REX Drone ETF | Themes Transatlantic Defense ETF |
| Issuer | REX Shares | Themes |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.65% | 0.35% |
| Assets | $98M | $90M |
| Average daily dollar volume | $2.0M | $809K |
| Listed | Oct 28, 2025 | Oct 10, 2024 |
| FrenzyCap score | 34 | 53 |
| 1-month return | −11.5% | −5.1% |
| 3-month return | −11.4% | −9.3% |
| Year to date | −16.8% | −5.5% |
| 1-year return | — | −8.9% |
| 30-day volatility | 26.4% | 13.6% |
| Worst drawdown, 1 year | −38.3% | −18.9% |
| Trailing 12-month yield | — | 0.48% |
| Holdings | 46 | 85 |
| Top 10 weight | 67.7% | 58.6% |
| Look-through P/E | — | 29.8 |
| Holdings vs fair value | +10.4% | +7.2% |
| Holdings above 200-day average | 14% | 2% |
| Net flow, latest 3 reported months | +$25M thru Jun 2026 | −$6.3M thru Jun 2026 |
| 30-day implied volatility | 44.7% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
33% of DRNZ · 64% of NATO| Holding | DRNZ | NATO |
|---|---|---|
| GE | 3.20% | 9.69% |
| RTX | 2.10% | 7.58% |
| BA | 1.40% | 7.25% |
| LMT | 0.96% | 5.17% |
| HWM | 0.87% | 4.83% |
| AXON | 0.77% | 1.90% |
| TDG | 0.60% | 3.39% |
| BAE Systems PLC | 0.60% | 3.36% |
| NOC | 0.59% | 3.35% |
| TDY | 0.58% | 1.44% |
| HON | 0.58% | 3.14% |
| HONA | 0.57% | 3.10% |
| TXT | 0.54% | 0.76% |
| Thales SA | 0.52% | 1.02% |
| LHX | 0.49% | 2.51% |
| Saab AB | 0.49% | 0.72% |
| Leonardo SpA | 0.47% | 0.98% |
| Rheinmetall AG | 0.45% | 2.40% |
| KTOS | 0.47% | 0.42% |
| MRCY | 0.67% | 0.29% |
| Dassault Aviation SA | 0.52% | 0.27% |
| AVAV | 13.10% | 0.23% |
| Cohort PLC | 0.54% | 0.06% |
| AIRO | 1.43% | 0.02% |
Sector mix of the stock holdings
| Sector | DRNZ | NATO | Gap |
|---|---|---|---|
| Industrials | 36.0% | 62.2% | −26.3% |
| Technology | 29.6% | 0.7% | +28.9% |
| Materials | 0.9% | 5.2% | −4.3% |
| Health Care | 0.0% | 0.0% | −0.0% |
More: full overlap table · DRNZ holdings · NATO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.