A disk drive is disclosed comprising a disk and a head actuated over the disk. The head comprising a first head terminal and a second head terminal. The disk drive further comprises an electrostatic discharge (ESD) protection circuit comprising a first depletion mode metal oxide semiconductor field effect transistor (MOSFET) comprising a gate terminal and a first and second transistor terminals. The first transistor terminal of the first depletion mode MOSFET is coupled to the first head terminal, and the second transistor terminal of the first depletion mode MOSFET is coupled to the second head terminal. The gate terminal is biased to turn on the first depletion mode MOSFET while the disk drive is powered down, thereby shorting the first and second head terminals to protect the head from ESD.