NASDAQ · ETF
Invest in DRNZ ETF from India
Indian and foreign residents can buy REX Drone ETF (DRNZ) units directly through Paasa.
By Paasa · Updated
DRNZ at a glance
- Price
- $20.55-$0.20 (0.98%)
- Expense ratio
- 0.65%
- Day range
- $20.52 – $20.95
- Assets
- $120.6M
- Domicile
- the US
- Holdings
- 51
- Launched
- 2025
- Dividends
- —
- 1 month
- -3.80%
- 6 months
- -18.72%
- YTD
- -5.35%
- 1 year
- —
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1AEROVIRONMENT INCAVAV14.5%
- 2NEXT VISION STABILIZED SYSTE COMMON STOCK12.3%
- 3Ondas Holdings Inc.ONDS12.1%
- 4Unusual Machines Inc /USUMAC5.0%
- 5Terra Drone Corp278A.T4.6%
- 6DRONESHIELD LTD3.9%
- 7RED CAT HOLDINGS INCRCAT3.5%
- 8Aevex CorpAVEX3.3%
- 9Elsight LtdELS.AX3.3%
- 10PALANTIR TECHNOLOGIES INC. CLASS APLTR3.1%
DRNZ holds 51 securities in total. These 10 are 65.7% of the fund.
Where the money is invested
Countries
- United States56.7%
- Other22.3%
- Canada6.4%
- Japan6.2%
- Australia3.3%
- China2.7%
How to invest in DRNZ from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search DRNZ and buy
Find the fund by its ticker, DRNZ, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in DRNZ from India
What DRNZ holds
This fund provides focused investment in the global drone and unmanned aerial vehicle (UAV) industry, encompassing both military and civilian uses. It commits at least 80% of its assets to companies that generate substantial revenue from drone technology or its critical supporting innovations.
Hold a dollar asset
DRNZ is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one DRNZ unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy DRNZ from India?
Yes. Indian residents can buy REX Drone ETF (DRNZ) through Paasa. It is listed on NASDAQ and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does DRNZ invest in?
REX Drone ETF holds 51 securities. Its largest holdings are AEROVIRONMENT INC (14.5%), NEXT VISION STABILIZED SYSTE COMMON STOCK (12.3%) and Ondas Holdings Inc. (12.1%). The fund is domiciled in the US.
What is the expense ratio of DRNZ?
REX Drone ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $120.6M.
What tax do I pay in India when I sell DRNZ?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one DRNZ unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $20.55, and there is no minimum trade size.
What happens to my DRNZ units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.