DRNZ – REX Drone ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an index called the VettaFi Drone IndexSM (the “Index”). 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DRNZ	REX Drone ETF	ETF	Open	—	—	Oct 28, 2025	$115.14M	0.650%	—	—	—

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