Rex Drone ETF
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Tesla, Meta, and Microsoft kick off Big Tech earnings, Fed holds rates steady, Trump Accounts summit
Youtube· 2026-01-29 00:53
Tesla's fourth quarter real, they're just crossing the wire. Let's get those numbers. Tesla Q4 just EPS50s.It looks like consensus was closer to 45 cents. So, we got a beat there. Uh Q4 revenue clocking in at 24.90% billion.Estimate was 25.11% billion. Uh Q4 gross margins, there it is, 20.1%, the estimate was 17.1%. Q4 free cash flow 1.42% 42 billion was closer to 1.59% billion.Let's get your take on this, Adam, because this is another one you own and the stock's popping about 4%. >> Love it. As it should.U ...
The Future Is Now as This New Drone ETF Takes Flight
Yahoo Finance· 2025-11-03 20:50
Core Viewpoint - The newly launched Rex Drone ETF (DRNZ) targets a niche market focused on drone technology, distinguishing itself from traditional aerospace and defense ETFs by providing dedicated exposure to companies involved in both defense and commercial drone applications [1][2]. Group 1: ETF Overview - DRNZ began trading on October 29 and aims to capture the expanding use cases of drones, including military reconnaissance, commercial delivery, agriculture, infrastructure inspection, and AI-enabled industrial automation [2]. - The ETF is based on the VettaFi Drone Index, with quarterly reconstitution and rebalancing of its holdings, ensuring that the fund reflects the current market landscape [4]. Group 2: Investment Focus - DRNZ's portfolio consists of two tiers: companies that are pure drone plays and those that are "drone-ish," with at least 80% of its holdings being pure drone companies that derive a significant portion of their assets, revenues, or profits from the drone sector [5]. - Unlike other ETFs, DRNZ does not heavily rely on major players like Palantir, which only constitutes a 3% position in the fund, allowing for a broader range of investment opportunities [3]. Group 3: Market Position - There are currently no direct competitors to DRNZ with established performance records, but it can be compared to aerospace and defense ETFs, such as the S&P Aerospace & Defense SPDR (XAR), which has been available for 14 years and trades at a high valuation of 32 times trailing earnings [6].