Data as of .
AIHY vs DRAI: which is really different?
AIHY and DRAI hold 0% of their weight in the same names.
ETFIQ Off-Index Score: DRAI scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIHY and DRAI hold 0% of their money in the same securities at the same weight.
| Only in AIHY | Only in DRAI |
|---|---|
| Microsoft Corp 21.81% | ProShares UltraPro QQQ 21.14% |
| Meta Platforms Inc 19.42% | Direxion Daily S&P 500 Bull 3X ETF 20.90% |
| Amazon.com Inc 18.94% | iShares 7-10 Year Treasury Bond ETF 17.05% |
| Alphabet Inc 18.93% | Vanguard Total Bond Market ETF 17.04% |
| Space Exploration Technologies Corp 13.09% | iShares iBoxx USD High Yield Corporate B 17.03% |
| Alibaba Group Holding Ltd 3.01% | ProShares UltraPro Dow30 2.33% |
| Oracle Corp 2.67% | Direxion Daily Small Cap Bull 3X ETF 2.27% |
| Tencent Holdings Ltd 2.06% | Direxion Daily Semiconductor Bull 3X ETF 2.24% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 29, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIHY | DRAI | AIHY | DRAI | AIHY | DRAI | |
| 3 months | not published | −4.5% | not published | −6.8 pts | not published | −2.0 pts |
| 6 months | not published | +14.8% | not published | −3.3 pts | not published | −9.5 pts |
| 1 year | not published | +15.8% | not published | −0.8 pts | not published | −6.0 pts |
| Since launch | +8.7% | +35.8% | +6.7 pts | −3.5 pts | +7.0 pts | −9.1 pts |
| AIHY Defiance AI Hyperscale Leaders ETF Holds 10 stocks in aI infrastructure and chips, 82% of its weight in S&P 500 companies | DRAI Draco Evolution AI ETF Holds 8 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Defiance | Draco Evolution |
| Theme | AI infrastructure and chips | Artificial intelligence |
| In the S&P 500 | 81.8% | 0.0% |
| Active share vs the S&P 500 | 86.5% | 100.0% |
| In the Nasdaq-100 | 79.1% | 0.0% |
| Holdings | 10 | 8 |
| Top ten, share of the fund | 100.0% | 100.0% |
| Expense ratio | 0.76% | 1.34% |
| Fee for the differing part | 0.88% | 1.34% |
| Total return, 1 year | +8.7% (since launch on Jul 21, 2026) | +15.8% |
| vs the S&P 500 | +6.7 pts | −0.8 pts |
| vs the Nasdaq-100 | +7.0 pts | −6.0 pts |
| Below its high | −0.6% | −7.6% |
| Net assets | $10m | $24m |
AIHY in plain words
By weight, 82% of AIHY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 100% of the fund across 10 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jul 21, 2026 the fund returned +8.7% with distributions reinvested against +2.0% for the S&P 500, so a holder was ahead by 6.7 pts.
DRAI in plain words
By weight, 0% of DRAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 8 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +15.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 0.8 pts. It sits 7.6% below its all-time high of Jun 2, 2026.
Questions people ask
- Do AIHY and DRAI hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIHY or DRAI?
- AIHY has 82% of its weight in S&P 500 names and DRAI has 0%, so DRAI differs more from the index.
- Which is cheaper, AIHY or DRAI?
- AIHY charges 0.76% a year and DRAI charges 1.34%, so AIHY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AIHY against DRAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aihy-vs-drai Free to use with attribution; the underlying files are at Open data.