REX Drone ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About DRNZ
Undernormal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) inthe securities that comprise the Index. The Index tracks the performance of a portfolio of global equity securities of companiesthat are engaged in drone and/or unmanned aerial vehicles (“UAV”) manufacturing and enabling technologies. The equitysecurities included in the Index may consist of common stocks and American Depositary Receipts (ADRs). The Fund, using an indexinginvestment approach, attempts to replicate, before fees and expenses, the total return performance of the Index, which includesdividends paid by the securities in the Index. The Fund will generally employ a full replication strategy, meaning that it willnormally invest in all of the securities comprising the Index in proportion to their weightings in the Index. The Index is developed,maintained and sponsored by VettaFi LLC (the “Index Provider”). REX Advisers, LLC (the “Adviser”) servesas the investment adviser to the Fund. The Fund’s investment sub-adviser is Vident Asset Management (the “Sub-Adviser”). Undernormal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) inDrone Companies (as defined below). Drone Companies are companies that are principally engaged, i.e., have at least 50% of theirassets in, or derive at least 50% of their revenues or profits from, drones and/or UAV manufacturing or enabling technology. Eachsecurity selected for inclusion in the Index is defined as a “Drone Company.” Accordingto the Index Provider, to be eligible for inclusion in the Index, a company must be listed on a developed market stock exchange,as determined by the Index Provider, and meet the following criteria: (1) minimum market capitalization of $100 million; (2) free-float(i.e., the portion of shares that are publicly available) of at least 15%; and (3) three-month average daily traded value of $500,000..According to the Index Provider, the Index allocates an aggregate weight of 80% to companies that are identified as “Pureplay”and an aggregate weight of 20% to those companies determined to be “Diversified.” Pureplay companies are those companiesthat are principally engaged, i.e., have at least 50% of their assets in, or derive at least 50% of their revenues or profits from,drones and/or UAV manufacturing or enabling technology. Diversified companies are those companies that derive at least 20% of theirrevenue from drones and/or UAV manufacturing or enabling technology or is identified as a defense company with a division or programdesignated for research and development of drones and/or UAVs. Certain constituent companies included in the Index may design,manufacture, or supply products or services that are or could be utilized for military, defense, or intelligence-gathering purposes. The Indexutilizes a modified free float market capitalization weighted methodology for both Pureplay and Diversified companies. The Pureplaycompanies are weighted with a maximum weight of 15% per constituent. In the event Pureplay constituents are weighted greater than5%, the constituents are reduced proportionately until the sum of the weights greater than 5% are less than approximately 45% ofthe Index. Then, the excess weights are redistributed to the remaining constituents. If there are 10 or more Pureplay companies,then the top three constituents will be capped at 15% and the remaining Pureplay companies will be equally weighted. If there arenine Pureplay companies, then the top two constituents will be capped at 22.5% and the remaining Pureplay companies will be equallyweighted. If there are eight Pureplay companies, then the top two constituents will be capped at 25% and the remaining Pureplaycompanies will be equally weighted. If there are less than eight Pureplay companies, then all of the Pureplay companies will befree float market capitalization weighted with a constituent cap of 15% with no additional caps. The Diversified companies areweighted with a maximum weight of 5% per constituent. The Fundmay invest in companies with various market capitalizations, companies headquartered or incorporated outside of the U.S., includingU.S. dollar denominated and non-U.S. dollar denominated securities. The Indexis rebalanced and reconstituted quarterly and the Fund will make corresponding changes to its portfolio shortly after the Indexchanges are made public. The Index’s quarterly rebalance and reconstitution schedule may cause the Fund to experience a higherrate of portfolio turnover. The Fundwill be concentrated (i.e., invests more than 25% of Fund assets) in an industry or a group of industries to the extent that theIndex is so concentrated. As of April 30, 2026, the Fund had significant investments in industrials companies, although this maychange from time to time. The Fund’s investments will change as the Index changes and, as a result, the Fund may have significantinvestments in jurisdictions or investment sectors that it may not have had as of April 30, 2026. To the extent the Fund investsa significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associatedwith that jurisdiction or investment sector. The Fundis classified as “non-diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”).
DRNZ News
- Drone Stocks Drop While Broad Market Rises: Unusual Machines Sinks 9%, Ondas Falls 6%, Red Cat Slides 5%
- Drone Stocks Drop While Broad Market Rises: Unusual Machines Sinks 9%, Ondas Falls 6%, Red Cat Slides 5%
- Drone Stocks Slide as Risk Appetite Fades: Unusual Machines Tumbles 9%, Red Cat Falls 7%, Ondas Declines 5%
- Drone Stocks Slide as Risk Appetite Fades: Unusual Machines Tumbles 9%, Red Cat Falls 7%, Ondas Declines 5%
- Unusual Machines Jumps 7%, Ondas Climbs 4%, Kratos Defense Rises 3% as the Drone Trade Snaps Back
- Unusual Machines Jumps 7%, Ondas Climbs 4%, Kratos Defense Rises 3% as the Drone Trade Snaps Back
- Red Cat Slides 4% on Maritime Autonomy Deal, Ondas Holdings Pulls Back
- Red Cat Slides 4% on Maritime Autonomy Deal, Ondas Holdings Pulls Back
- Unusual Machines Soars 22%, Red Cat Climbs 8%, Ondas Gains 4% on Trump’s 100% Drone Tariff
- Unusual Machines Soars 22%, Red Cat Climbs 8%, Ondas Gains 4% on Trump’s 100% Drone Tariff
- Drone stocks rally after Trump orders tariffs on foreign-made components
- This drone parts maker has doubled in 2026, but is 'very early' in its journey, Piper Sandler says
Data for DRNZ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.