Data as of .
DRAI vs WISE: which is really different?
DRAI and WISE hold 0% of their weight in the same names, and DRAI returned more over the year.
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, DRAI and WISE hold 0% of their money in the same securities at the same weight.
| Only in DRAI | Only in WISE |
|---|---|
| ProShares UltraPro QQQ 21.14% | Advanced Micro Devices Inc 11.41% |
| Direxion Daily S&P 500 Bull 3X ETF 20.90% | QuickLogic Corp 7.53% |
| iShares 7-10 Year Treasury Bond ETF 17.05% | Gorilla Technology Group Inc 5.49% |
| Vanguard Total Bond Market ETF 17.04% | Snowflake Inc 5.15% |
| iShares iBoxx USD High Yield Corporate B 17.03% | NVIDIA Corp 4.70% |
| ProShares UltraPro Dow30 2.33% | Broadcom Inc 3.53% |
| Direxion Daily Small Cap Bull 3X ETF 2.27% | Amazon.com Inc 3.46% |
| Direxion Daily Semiconductor Bull 3X ETF 2.24% | Information Services Group Inc 3.45% |
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 Jun 30, 2026 and May 29, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRAI | WISE | DRAI | WISE | DRAI | WISE | |
| 3 months | −4.5% | −13.3% | −6.8 pts | −15.6 pts | −2.0 pts | −10.8 pts |
| 6 months | +14.8% | +7.5% | −3.3 pts | −10.5 pts | −9.5 pts | −16.8 pts |
| 1 year | +15.8% | −17.1% | −0.8 pts | −33.7 pts | −6.0 pts | −38.9 pts |
| Since launch | +35.8% | +42.7% | −3.5 pts | −28.9 pts | −9.1 pts | −44.1 pts |
| DRAI Draco Evolution AI ETF Holds 8 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | WISE Themes Generative Artificial Intelligence ETF Holds 40 stocks in artificial intelligence, 32% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Draco Evolution | Themes |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 32.4% |
| Active share vs the S&P 500 | 100.0% | 83.6% |
| In the Nasdaq-100 | 0.0% | 29.2% |
| Holdings | 8 | 40 |
| Top ten, share of the fund | 100.0% | 51.4% |
| Expense ratio | 1.34% | 0.35% |
| Fee for the differing part | 1.34% | 0.42% |
| Total return, 1 year | +15.8% | −17.1% |
| vs the S&P 500 | −0.8 pts | −33.7 pts |
| vs the Nasdaq-100 | −6.0 pts | −38.9 pts |
| Below its high | −7.6% | −24.0% |
| Net assets | $24m | $28m |
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.
WISE in plain words
By weight, 32% of WISE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 51% of the fund across 40 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −17.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 33.7 pts. It sits 24.0% below its all-time high of Oct 15, 2025.
Questions people ask
- Do DRAI and WISE 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 WISE?
- DRAI has 0% of its weight in S&P 500 names and WISE has 32%, so DRAI differs more from the index.
- Which is cheaper, DRAI or WISE?
- DRAI charges 1.34% a year and WISE charges 0.35%, so WISE 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, DRAI against WISE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drai-vs-wise Free to use with attribution; the underlying files are at Open data.