In hot and arid regions, drought stress is considered as one of the main reasons for yield reduction. To study the effect of drought stress, iron and zinc spray on the yield and yield components of wheat, an experiment was carried out during the crop seasons of 2010 and 2011 on Shahid Salemi Farm in Ahwaz as a split factorial within randomized complete block design with three replications. The main plots with irrigation factor and three levels were considered: Level A) full irrigation, Level B) stopping irrigation at pollination step, and Level C) stopping irrigation at the seed filling stage. Subsidiary plots were considered with and without iron and zinc spray. Influencing the seed filling process, in interaction with iron, wich is an important leaf's chlorophyll cation, zinc increased the seed yield. The drought stress reduced the thousand kernels weight (TKW) and the number of seeds per spike increased about 24% and 8.5% more than the one of control treatment, respectively. Using iron, as compared with control treatment, causes the increase of thousand kernels weight from 45.71 to 46.83 grams and the increase of spike from 49.51 to 51.73. Zinc spray increased seed yield and thousand kernels weight. The results obtained from the present research showed that iron and zinc spray has fairly improved the effects caused by drought stress.