REX Drone ETF (DRNZ)Industrials | Exchange Traded Fund | NasdaqGM
21.39 USD
-0.66
(-3.005%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 21.57 +0.18 (0.854%) ⇧ (Aug. 28, 2026, 7:33 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:46 a.m. EDT
The REX Drone ETF presents a classic case of a thematic trade caught between high potential and zero income. Fundamentally, the security is a pure-play vehicle for a disruptive industry, yet it offers absolutely no dividend yield, making it unsuitable for income-focused portfolios. The price action over the last two weeks shows a distinct lack of upward momentum, drifting sideways and failing to break key resistance levels, which aligns with the defensive posture seen in the options chain where buyers are hedging downside risks rather than aggressively betting on immediate gains. While the long-term thesis regarding drone warfare economics remains intact, the current technical setup lacks the conviction required for a bullish entry, and the statistical models offer no directional clarity. Investors here are paying a premium for exposure to a volatile sector without the cushion of a payout. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.250160 |
| AutoETS | 0.250162 |
| MSTL | 0.253150 |
| AutoTheta | 0.268416 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 3.91 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.041 |
| Excess Kurtosis | 0.35 |
| Attribute | Value |
|---|---|
| Trailing P/E | 49.37 |
As of Aug. 22, 2026, 4:46 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., $17, $19, $20), suggesting a fear of a downside gap or consolidation. Conversely, there is notable call open interest at distant strikes ($30-$35) for later expirations, indicating a speculative bet on a thematic breakout, though immediate expiration calls show mixed positioning with some new flow at lower strikes.
| Attribute | Value |
|---|---|
| All Time High | 30.12 |
| All Time Low | 18.0 |
| Ask | 23.23 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 171,820 |
| Average Daily Volume3 Month | 162,306 |
| Average Volume | 162,306 |
| Average Volume10Days | 171,820 |
| Beta3 Year | 0.0 |
| Bid | 22.68 |
| Bid Size | 1 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.035 |
| Day Low | 21.2675 |
| Eps Trailing Twelve Months | 0.43318245 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.97376 |
| Fifty Day Average Change | -0.58636093 |
| Fifty Day Average Change Percent | -0.026684597 |
| Fifty Two Week Change Percent | -9.753203 |
| Fifty Two Week High | 30.12 |
| Fifty Two Week High Change | -8.732601 |
| Fifty Two Week High Change Percent | -0.28992698 |
| Fifty Two Week Low | 18.0 |
| Fifty Two Week Low Change | 3.3873997 |
| Fifty Two Week Low Change Percent | 0.18818887 |
| Fifty Two Week Range | 18.0 - 30.12 |
| First Trade Date Milliseconds | 1,761,744,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.6626 |
| Fullday Change Percent | -3.00499 |
| Fullday Price | 21.57 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1960080577 |
| Nav Price | 21.3078 |
| Net Assets | 109,237,032.0 |
| Net Expense Ratio | 0.65 |
| Open | 22.02 |
| Post Market Change | 0.18260002 |
| Post Market Change Percent | 0.85377383 |
| Post Market Price | 21.57 |
| Post Market Time | 1,787,960,000 |
| Previous Close | 22.05 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.66259956 |
| Regular Market Change Percent | -3.0049868 |
| Regular Market Day High | 22.035 |
| Regular Market Day Low | 21.2675 |
| Regular Market Day Range | 21.2675 - 22.035 |
| Regular Market Open | 22.02 |
| Regular Market Previous Close | 22.05 |
| Regular Market Price | 21.3874 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 79,504 |
| Short Name | REX Drone ETF |
| Source Interval | 15 |
| Symbol | DRNZ |
| Total Assets | 109,237,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 49.37273 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -21.28218 |
| Trailing Three Month Returns | -21.28218 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.95363 |
| Two Hundred Day Average Change | -2.5662308 |
| Two Hundred Day Average Change Percent | -0.10713327 |
| Type Disp | ETF |
| Volume | 79,504 |
| Ytd Return | -6.0698 |