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Data as of .

DRAI vs TCAI: which is really different?

DRAI and TCAI hold 0% of their weight in the same names, and TCAI returned more over the year.

Draco Evolution AI ETF and Tortoise AI Infrastructure ETF.

0.0%DRAI in the S&P 500
63.2%TCAI in the S&P 500
+15.8%DRAI total return, 1 year
+67.6%TCAI total return, 1 year

ETFIQ Off-Index Score: DRAI scores higher

How much of it is not the index it is sold as an alternative to?

DRAI 91.8TCAI 28.50.1, the lowest in this set91.8, the highest

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

DRAI100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 8 holdings filed May 29, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund
TCAI37% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
63%37%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 51% of the fund · 43 holdings filed May 31, 2026 · Nasdaq-100: 26% in63%37%in the S&P 500outsideactive share 93% · top ten 51% of the fund

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, DRAI and TCAI hold 0% of their money in the same securities at the same weight.

Only in each
Only in DRAIOnly in TCAI
ProShares UltraPro QQQ 21.14%Dell Technologies Inc 8.94%
Direxion Daily S&P 500 Bull 3X ETF 20.90%Micron Technology Inc 7.64%
iShares 7-10 Year Treasury Bond ETF 17.05%Seagate Technology Holdings PL 5.77%
Vanguard Total Bond Market ETF 17.04%Western Digital Corp 5.14%
iShares iBoxx USD High Yield Corporate B 17.03%Ciena Corp 5.10%
ProShares UltraPro Dow30 2.33%Vertiv Holdings Co 4.48%
Direxion Daily Small Cap Bull 3X ETF 2.27%Quanta Services Inc 3.58%
Direxion Daily Semiconductor Bull 3X ETF 2.24%Sandisk Corp/DE 3.47%

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 May 31, 2026.

Performance, window by window

DRAI and TCAI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
DRAITCAIDRAITCAIDRAITCAI
3 months−4.5%−16.4%−6.8 pts−18.6 pts−2.0 pts−13.9 pts
6 months+14.8%+34.7%−3.3 pts+16.7 pts−9.5 pts+10.5 pts
1 year+15.8%+67.6%−0.8 pts+51.0 pts−6.0 pts+45.8 pts
Since launch+35.8%+88.8%−3.5 pts+65.8 pts−9.1 pts+59.4 pts
Open the live comparison on ETFIQ
DRAI and TCAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DRAI
Draco Evolution AI ETF
Holds 8 stocks in artificial intelligence, 0% of its weight in S&P 500 companies
TCAI
Tortoise AI Infrastructure ETF
Holds 43 stocks in aI infrastructure and chips, 63% of its weight in S&P 500 companies
IssuerDraco EvolutionTortoise
ThemeArtificial intelligenceAI infrastructure and chips
In the S&P 5000.0%63.2%
Active share vs the S&P 500100.0%92.7%
In the Nasdaq-1000.0%26.2%
Holdings843
Top ten, share of the fund100.0%50.6%
Expense ratio1.34%0.65%
Fee for the differing part1.34%0.70%
Total return, 1 year+15.8%+67.6%
vs the S&P 500−0.8 pts+51.0 pts
vs the Nasdaq-100−6.0 pts+45.8 pts
Below its high−7.6%−18.4%
Net assets$24m$217m

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.

TCAI in plain words

By weight, 63% of TCAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 51% of the fund across 43 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +67.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 51.0 pts. It sits 18.4% below its all-time high of Jun 22, 2026.

Questions people ask

Do DRAI and TCAI 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, DRAI or TCAI?
DRAI has 0% of its weight in S&P 500 names and TCAI has 63%, so DRAI differs more from the index.
Which is cheaper, DRAI or TCAI?
DRAI charges 1.34% a year and TCAI charges 0.65%, so TCAI 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.

DRAI against TCAI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DRAI against TCAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drai-vs-tcai Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources