REX Drone ETF (DRNZ)Industrials | Exchange Traded Fund | NasdaqGM
20.46 USD
-0.73
(-3.435%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:19 a.m. EDT
The REX Drone ETF is a classic thematic play on a sector that has yet to prove its commercial viability, resulting in a neutral stance for both time horizons. While the fund recently crossed a $100 million AUM milestone, indicating strong retail interest in the drone narrative, the underlying price action tells a different story. The stock is trading significantly below its 50-day and 200-day averages, reflecting persistent selling pressure that has dragged the price down despite the hype. There is no dividend to provide a floor, and the lack of multi-year price history prevents any assessment of long-term business quality or sustainable growth. The options market confirms this uncertainty: traders are buying insurance against a crash while simultaneously betting on a wild swing higher, rather than accumulating shares for a steady climb. Until the underlying drone companies demonstrate consistent profitability and the ETF can break free from its technical downtrend, this remains a speculative vehicle best held at a neutral level. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.094200 |
| AutoETS | 0.096985 |
| AutoARIMA | 0.096985 |
| AutoTheta | 0.102114 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 6.01 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.730 |
| Excess Kurtosis | -0.08 |
| Attribute | Value |
|---|---|
| Trailing P/E | 43.92 |
As of July 11, 2026, 5:19 a.m. EDT: Speculators are positioning for significant volatility and a potential downside gap rather than a steady rally. In the near term (July), there is heavy open interest in out-of-the-money calls at the $22 strike, suggesting a bullish bias for a quick pop. However, looking further out to September and December, the open interest flips dramatically toward deep out-of-the-money puts ($15-$17 strikes) and far-out calls ($30-$35 strikes). This 'long gamma' structure indicates traders are betting on a massive expansion of range—either a sharp crash followed by a recovery or a volatile breakout—rather than a linear uptrend. The low implied volatility at September strikes suggests the market expects a period of relative calm before the volatility spikes.
| Attribute | Value |
|---|---|
| All Time High | 30.12 |
| All Time Low | 18.0 |
| Ask | 20.78 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 247,730 |
| Average Daily Volume3 Month | 170,239 |
| Average Volume | 170,239 |
| Average Volume10Days | 247,730 |
| Beta3 Year | 0.0 |
| Bid | 20.11 |
| Bid Size | 1 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.05 |
| Day Low | 20.35 |
| Eps Trailing Twelve Months | 0.4659388 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.36006 |
| Fifty Day Average Change | -3.8978596 |
| Fifty Day Average Change Percent | -0.16001026 |
| Fifty Two Week Change Percent | -16.252607 |
| Fifty Two Week High | 30.12 |
| Fifty Two Week High Change | -9.657801 |
| Fifty Two Week High Change Percent | -0.3206441 |
| Fifty Two Week Low | 18.0 |
| Fifty Two Week Low Change | 2.4622002 |
| Fifty Two Week Low Change Percent | 0.1367889 |
| Fifty Two Week Range | 18.0 - 30.12 |
| First Trade Date Milliseconds | 1,761,744,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Rex |
| Fund Inception Date | 1,761,609,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-29 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. The index tracks the performance of a portfolio of global equity securities of companies that are engaged in drone and/or unmanned aerial vehicles (“UAV”) manufacturing and enabling technologies. It is non-diversified. |
| Long Name | REX Drone ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1960080577 |
| Nav Price | 21.084 |
| Net Assets | 98,313,920.0 |
| Net Expense Ratio | 0.65 |
| Open | 21.0 |
| Pre Market Change | 0.84880066 |
| Pre Market Change Percent | 4.140491 |
| Pre Market Price | 21.3488 |
| Pre Market Time | 1,784,033,105 |
| Previous Close | 21.19 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.72780037 |
| Regular Market Change Percent | -3.4346406 |
| Regular Market Day High | 21.05 |
| Regular Market Day Low | 20.35 |
| Regular Market Day Range | 20.35 - 21.05 |
| Regular Market Open | 21.0 |
| Regular Market Previous Close | 21.19 |
| Regular Market Price | 20.4622 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 110,036 |
| Short Name | REX Drone ETF |
| Source Interval | 15 |
| Symbol | DRNZ |
| Total Assets | 98,313,920 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 43.91607 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.6405 |
| Trailing Three Month Returns | -5.6405 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.292492 |
| Two Hundred Day Average Change | -3.8302917 |
| Two Hundred Day Average Change Percent | -0.1576739 |
| Type Disp | ETF |
| Volume | 110,036 |
| Ytd Return | 2.83172 |