DroneShield Limited (ASX: DRO) - ETF Exposure

Current share price for DRO : $1.625 0.035 (2.11%)⁺

DroneShield Limited (DRO) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems and offers customers bespoke counterdrone (or counter-UxS) and electronic warfare solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms. Its customers include military, intelligence community, Government, law enforcement, critical infrastructure, and airports.

DRO General Information ⁺

ASX Code	DRO
Website	N/A
Industry/Sector	Aerospace & Defense
Market Cap ($M)	1,503
DRO Share Price	$1.625
Day High	$1.675
Day Low	$1.625
Last Close	$1.660
DRO Share Price Movement	$0.03 ( 2.11% )

Prices as at 14:36, 23 Sep 2026

⁺Security prices are delayed by at least 20 minutes and are indicative only.

Already own an Australian ETF? You may already have meaningful exposure to DRO

As a significant Australian company by market capitalisation, DRO is held across 27 ETFs spanning strategies that include aerospace & defense exposure . Its weighting in those funds means performance can have an outsized influence - when DRO moves, funds like SMLL, MVS, ISO, SSO and VSO that hold it can move with it.

For more concentrated exposure, ETFs such as SMLL (BetaShares Australian Small Companies Select Fund (Managed Fund)) allocate about 2.1% to DRO , while the average exposure across all 27 ETFs that hold it is around 0.2% .

Top ETF holdings

BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL) ~ 2.1%
VanEck Small Companies Masters ETF (MVS) ~ 0.6%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO) ~ 0.5%
SPDR S&P/ASX Small Ordinaries ETF (SSO) ~ 0.5%
Vanguard MSCI Australian Small Companies Index ETF (VSO) ~ 0.3%

Last updated: ETF data and holdings as at 22 September 2026

Own DRO directly or through an ETF?

How does holding DroneShield Limited (DRO) shares directly compare to ETFs that include it?

	DRO Direct	SMLL ASX	MVS ASX	ISO ASX	SSO ASX	VSO ASX
Holdings	1 company	59 holdings	67 holdings	213 holdings	217 holdings	203 holdings
DRO Weight	100%	2.1%	0.6%	0.5%	0.5%	0.3%
Diversification	Single Stock	Broad	Broad	Broad	Broad	Broad
Annual Cost	Brokerage only	0.39% p.a.	0.49% p.a.	0.55% p.a.	0.5% p.a.	0.3% p.a.
Approx. Yield	-	2.88%	2.71%	4.28%	9.1%	4.72%
Star Ratings	-

Yields and costs are approximate. ETF yields reflect the fund's dividend distributions, not DRO's direct yield. Annual cost uses each ETF's MER.

DRO Exposure on $10,000 investment

How a $10,000 investment in DroneShield Limited (DRO) one week ago compares with ETFs that hold it.

Security	Investment type	Current price	7-day price movement	Dollar change	Value today
DroneShield Limited (DRO)	Direct share	$1.625	1.56%	+$156	$10,156
BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL)	Equity - Australia Strategy	$4.560	2.70%	+$270	$10,270
VanEck Small Companies Masters ETF (MVS)	Equity - Australia Small/Mid Cap	$22.120	3.75%	+$375	$10,375
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	Equity - Australia Small/Mid Cap	$5.110	2.61%	+$261	$10,261
SPDR S&P/ASX Small Ordinaries ETF (SSO)	Equity - Australia Small/Mid Cap	$14.740	3.08%	+$308	$10,308
Vanguard MSCI Australian Small Companies Index ETF (VSO)	Equity - Australia Small/Mid Cap	$74.080	2.75%	+$275	$10,275

Assumes $10,000 invested 7 days ago. Figures are based on price movement only and exclude distributions, fees and brokerage.

DroneShield Limited (DRO) ETFs

27 ETFs hold DroneShield Limited (DRO).

ETF	DRO Weight	MER	Yield
BetaShares Australian Small Companies Select Fund (Managed Fund) (SMLL)	2.1%	0.39%	2.88%
VanEck Small Companies Masters ETF (MVS)	0.6%	0.49%	2.71%
iShares S&P/ASX Small Ordinaries ETF Index Fund (ISO)	0.5%	0.55%	4.28%
SPDR S&P/ASX Small Ordinaries ETF (SSO)	0.5%	0.5%	9.1%
Vanguard MSCI Australian Small Companies Index ETF (VSO)	0.3%	0.3%	4.72%
Betashares Australian Momentum ETF (MTUM)	0.3%	0.35%	2.16%
Betashares Australian Ex-20 Portfolio Diversifier ETF (EX20)	0.2%	0.25%	2.79%
VanEck Global Defence ETF (DFND)	0.2%	0.65%	3.67%
Global X Australia ex Financials & Resources ETF (OZXX)	0.2%	0.25%	5.22%
Betashares Geared Australian Equity Fund (GEAR)	0.2%	2.11%	1.83%

View all 27 ETFs

DroneShield Limited (DRO) Upcoming Dividends & Yields

Distribution Type	Dividend	Franking	Ex-dividend date	Payment date	Current Price⁺	Price 7D Avg	Dividend Yield

See all dividends from DroneShield Limited (DRO) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

DroneShield Limited (DRO) price-sensitive announcements

DRO - 1H 2026 Investor Presentation

The 1H 2026 Investor Presentation for DroneShield Limited highlights significant growth an

DroneShield Limited (DRO)
26 Aug 2026 | 9:52 AM

DRO - 1H 2026 Results - Sustained Growth and Investing for Scale

DroneShield Limited reported its 1H 2026 financial results showing sustained growth with a

DroneShield Limited (DRO)
26 Aug 2026 | 9:42 AM

DRO - Half Yearly Report and Accounts

DroneShield Limited's Half Yearly Report for the period ended 30 June 2026 reveals a net l

DroneShield Limited (DRO)
26 Aug 2026 | 9:16 AM

DRO - RfRecon Launch - Flagship Next-Generation Solution

DroneShield Limited has launched RfRecon, a next-generation portable radio frequency (RF)

DroneShield Limited (DRO)
10 Aug 2026 | 8:42 AM

DroneShield Limited (DRO) Recent ASX Announcements

Company	Sector	Market Cap ($m)	Headline	Release date/time⁺	Price at release⁺	Current price⁺	Gain/Loss
DroneShield Limited (DRO) ORDINARY FULLY PAID	Industrials	$1,503	Chief Financial Officer Appointment & Trading Update	10 Sep 2026 9:05AM	$1.730	$1.625	fallen by 6.07%
DroneShield Limited (DRO) ORDINARY FULLY PAID	Industrials	$1,503	Change in substantial holding	4 Sep 2026 5:08PM	$1.745	$1.625	fallen by 6.88%
DroneShield Limited (DRO) ORDINARY FULLY PAID	Industrials	$1,503	Change in substantial holding	1 Sep 2026 5:35PM	$1.765	$1.625	fallen by 7.93%
DroneShield Limited (DRO) ORDINARY FULLY PAID	Industrials	$1,503	Application for quotation of securities - DRO	27 Aug 2026 5:40PM	$1.795	$1.625	fallen by 9.47%
DroneShield Limited (DRO) ORDINARY FULLY PAID	Industrials	$1,503	Change in substantial holding	27 Aug 2026 4:30PM	$1.795	$1.625	fallen by 9.47%
DroneShield Limited (DRO) ORDINARY FULLY PAID	Industrials	$1,503	1H 2026 Investor Presentation	26 Aug 2026 9:52AM	$1.950	$1.625	fallen by 16.67%

DRO Financial Summary

Year to Dec	NPAT	EPS	EPS chg (%)	PER	Yield (%)	Franking (%)
2027F	C2	-$0.30	-87.00%	0.00	0.00%	0.0%
2026F	C2	-$2.30	-705.30%	0.00	0.00%	0.0%
2025A	$3.52	$0.40	-281.00%	602.60	0.00%	0.0%

DRO Peer Comparison

Company	Mkt Cap	EPS Growth (%)			P/E (%)			Dividend Yield (%)
Company	Mkt Cap	2025 A	2026 F	2027 F	2025 A	2026 F	2027 F	2025 A	2026 F	2027 F
Austal Limited (ASB)	$1,916M	-1.5568	0.0000	0.0000	0.0000	0.0000	0.0000	0.00%	0.00%	0.00%
DroneShield Limited (DRO)	$1,577M	-2.8095	0.0000	0.0000	448.6842	0.0000	0.0000	0.00%	0.00%	0.00%
Electro Optic Systems Holdings Limited (EOS)	$2,319M	1.0657	0.0000	0.0000	0.0000	0.0000	217.9167	0.00%	0.00%	0.00%

DRO Directors

Name	Position	Start Date
Mr Angus Bean	Chief Executive Officer, Managing Director	8 Apr 2026
Mr Hamish Roy McLennan	Non-Executive Chairman, Non-Executive Director	1 May 2026
Mr Jethro Marks	Non-Executive Director	16 Jan 2020
Mr Lee John Goddard	Non-Executive Director	1 Jul 2026
Ms Simone Shah-Tsir Haslinger	Non-Executive Director	9 Oct 2024
Mr Richard Joffe	Non-Executive Director	9 Oct 2024

DroneShield Limited (DRO) Changes in Directors' Interest & Trades

Date of change	Director	Buy/Sell	Security Type	Qty	Trade Price	Value
12 Nov 2025	VORNIK, Oleg	Sell	Direct Shares	14,806,833	$3.341	$49,469,973.000
12 Nov 2025	JAMES, Peter	Sell	Direct Shares	2,750,000	$3.352	$9,218,231.740
12 Nov 2025	MARKS, Jethro	Sell	Direct Shares	1,460,000	$3.351	$4,892,545.000

See all changes in directors' interest & trades for DroneShield Limited (DRO) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

DRO Management

Name	Position
Carla Balanco	Chief Financial Officer,Company Secretary
Paul Cenoz	Joint Company Secretary

DRO Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in DroneShield Limited (DRO). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding	Name
65,503,305 (7.17%)	FMR LLC and its entities
57,890,534 (6.34%)	State Street Corporation and subsidiaries
47,669,725 (5.22%)	Vanguard Group (The Vanguard Group, Inc. and its controlled entities)

DRO Calendar of Events

Date	Event
25 August 2027	Report (Interim)
24 February 2027	Report (Annual)
24 February 2027	Report (Prelim)

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