REX Drone ETF
DRNZ
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Austin Wen
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1241 Post Road Fairfield WY United States of America 6824
- IPO Date
- Oct 24, 2025
- CIK
- 0002043954
- Website
- rexshares.com
- Similar Companies
- Business
- REX Drone ETF (DRNZ) is an exchange-traded fund that provides targeted exposure to the global drone and unmanned aerial vehicle (UAV) economy, tracking the VettaFi Drone Index (VDRONE); the fund invests at least 80% of its net assets in Drone Companies, defined as those deriving at least 50% of revenues or assets from drones, UAV manufacturing, or enabling technologies such as AI-driven applications, logistics, agriculture, infrastructure inspection, military reconnaissance, commercial delivery, and industrial automation; it employs a modified free-float market capitalization weighting methodology with caps on pure-play constituents (up to 15% per holding) and diversified companies (up to 5%), rebalanced and reconstituted quarterly with provisions for fast-tracking qualifying IPOs. Launched on October 29, 2025, and listed on Nasdaq, DRNZ represents REX Shares' entry as the first pure-play drone ETF, distinguishing it from broader aerospace or defense funds by its dedicated focus on the rapidly expanding drone sector projected to more than double in size over the next decade. REX Shares, founded in 2014 and headquartered in Miami, Florida, with additional offices in Fairfield and Westport, Connecticut, specializes in alternative-strategy ETFs and ETNs including the MicroSectors and T-REX leveraged/inverse product lines, REX-Osprey cryptocurrency ETFs, covered call strategies, and option-based income ETFs; the firm, rooted in decades of experience in inventive exchange-traded products, manages DRNZ as part of its thematic growth offerings targeting sophisticated investors in high-growth sectors. The recent launch of DRNZ in late October 2025 marks a major strategic expansion for REX Shares into the drone innovation theme, capitalizing on accelerating adoption across defense and commercial markets amid evolving regulatory frameworks and technological advancements; no additional acquisitions, partnerships, funding rounds, or operational reorganizations specific to DRNZ or REX Shares have been reported in the past year.