DRNL vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricDRNLSPYWinner
Expense Ratio1.31%0.09%
AUM$425,312.16$789.1B
Dividend Yield0.00%1.01%
Holdings14505
YTD Return-61.28%+13.39%
1Y Return-+22.52%
3Y Return (annualized)-+21.36%
5Y Return (annualized)-+13.19%
Volatility (annualized)-15.3%
Max Drawdown-80.8%-56.5%
Fund FamilyDefiance ETFs, LLCState Street Investment Management
CategoryAlternativeEquity
InceptionMar 2, 2026Jan 22, 1993

DRNL vs SPY Performance

Defiance 2X Daily Long Pure Drone and Aerial Automation ETF (DRNL) is a ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, DRNL is down 61.28% versus a gain of 13.39% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -80.8% for DRNL and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

DRNL charges 1.31% per year while SPY charges 0.09%. On a $10,000 position that is $131 vs $9 annually, a gap of $122 per year that compounds over a long holding period. On income, DRNL currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

DRNL and SPY share 0 holdings out of 504 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DRNL or SPY?

DRNL has an expense ratio of 1.31% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $122 per year of difference.

What is the holdings overlap between DRNL and SPY?

DRNL and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.

Which pays a higher dividend, DRNL or SPY?

DRNL yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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