# DRNL (Defiance 2X Daily Long Pure Drone and Aerial Automation ETF)

Defiance · Leveraged ETFs · data as of Sep 11, 2026

DRNL aims to return +2 times Pure Drone and Aerial Automation's move each day, then resets. Over one day it does that.

## Key facts

- DRNL, net assets: $115,168 (source, as filed for Apr 30, 2026).
- DRNL, expense ratio: 1.31% (485BPOS XBRL, Jan 26, 2026).
- DRNL, underlying: Pure Drone and Aerial Automation (no investable tracker), as of Sep 11, 2026.
- DRNL, sets out to return: +2 times the daily move of Pure Drone and Aerial Automation, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of Pure Drone and Aerial Automation, reset daily | ETFIQ |
| Underlying | Pure Drone and Aerial Automation (no investable tracker) | ETFIQ |
| Segment | sector or country, theme | ETFIQ |
| Net assets | $115,168 | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.31% | 485BPOS XBRL, Jan 26, 2026 |
| Launched | Mar 3, 2026 | ETFIQ |

## Questions

### Why does DRNL not return +2 times over a year?

Because it resets daily. DRNL aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, DRNL, data as of Sep 11, 2026. https://etfiq.com/funds/DRNL
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/DRNL  ·  JSON: https://etfiq.com/funds/DRNL.json