The DRONE5 ETF
Launch a fictional drone ETF on the ASX and learn how creation, trading, and rebalancing work.
Follow a fictional drone ETF from idea to listing day. Along the way you will see how creation baskets, market makers, NAV pricing, and quarterly rebalances keep an ETF running behind the scenes.
Coming Soon
Part 1 — The Idea
The Idea
Defining Selection Rules
The Drone 5: Applying Our Rules
Part 2 — Building It
The Sales Job
Can We Afford to Run This Fund?
Who Runs the Back Office?
The Regulatory Checklist
How ETF Trading Actually Works
Understanding NAV
Why APs Bother
Why Market Makers Make Markets
Part 3 — Live on the ASX
First Trading Day
First Trading Week
First Trading Quarter
The Six-Month Rebalance
Who Bears the Risk?
Part 4 — When Things Go Wrong
The ETF Graveyard