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Data as of Nov 4, 2026.

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Thematic ETFs

DRGN vs JHAI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, DRGN returned −15.8% to JHAI's +10.9%; 0% of their weight is in the same names.

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Net assets: $19m on Nov 4, 2026 for Themes China Generative Artificial Intelligence ETF, and $23m on Jul 31, 2026 for Janus Henderson Global Artificial Intelligence ETF.

DRGN on its own →JHAI on its own →
At a glance
0.0%
DRGN in the S&P 500
68.3%
JHAI in the S&P 500
−15.8%
DRGN total return, 1 year
+10.9%
JHAI total return, 1 year
DRGN · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of DRGN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 22 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of DRGN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

0% of DRGN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.

JHAI · 1 year to Nov 4, 2026 32% of its weight is outside the S&P 500
32% of its weight is outside the S&P 50068% of JHAI's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Jul 31, 2026.68%32%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 68% · top ten 63% of the fund · 47 holdings as filed for Jul 31, 2026 · Nasdaq-100: 65% in32% of its weight is outside the S&P 50068% of JHAI's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Jul 31, 2026.68%32%in the S&P 500outsideactive share 68% · Nasdaq-100: 65% in

68% of JHAI's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

DRGN costs 0.20 points a year less; their one-year returns differ by 26.7 points.

Points (pts) are percentage points.

DRGN vs JHAI: Holdings Overlap & Returns
MeasureDRGNJHAI
Return
Total return, 1 year−15.8%+10.9%
Drawdown
Below its all-time high30.2%, high on May 13, 202616.4%, high on Jun 30, 2026
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Against the S&P 500, 1 yearbehind by 3.9 pts
Its benchmark, total return, 1 year+15.0%+14.8%
Against its benchmark, 1 yearbehind by 30.8 ptsbehind by 3.9 pts
Cost and size
Expense ratio0.39%0.59%
Net assets, DRGN as of Nov 4, 2026 and JHAI as of Jul 31, 2026$19m$23m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, DRGN and JHAI hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first DRGN JHAI
Only in one fund ↓
Only in DRGN
Xiaomi Corp 8.12%
Montage Technology Co Ltd 7.04%
Cambricon Technologies Corp Ltd 6.22%
Baidu Inc 6.08%
Hygon Information Technology Co Ltd 6.06%
Iflytek Co Ltd 5.92%
Kingsoft Corp Ltd 5.81%
Foxconn Industrial Internet Co Ltd 5.60%
Only in JHAI
Taiwan Semiconductor Manufacturing Co. Ltd. 15.27%
NVIDIA Corp. 13.43%
Broadcom, Inc. 5.52%
Micron Technology, Inc. 5.39%
Microsoft Corp. 5.25%
Lam Research Corp. 4.21%
Amazon.com, Inc. 4.07%
ASML Holding NV 3.56%
Check overlap with more funds →

Window by window

Window by window: DRGN vs JHAI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowDRGNJHAIDRGNJHAI
3 months−23.4%−9.6%−22.1 pts vs ACWI−9.5 pts vs VOO
6 months−24.9%−4.8%−27.5 pts vs ACWI−9.8 pts vs VOO
1 year−15.8%+10.9%−30.8 pts vs ACWI−3.9 pts vs VOO
Since launchNot the same days: DRGN Jul 2025 · JHAI Aug 2025+10.6%+24.8%−14.3 pts vs ACWI+2.9 pts vs VOO

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Side by side

DRGN Themes China Generative Artificial Intelligence ETF · Holds 22 stocks in artificial intelligence, 0% of its weight in S&P 500 companies JHAI Janus Henderson Global Artificial Intelligence ETF · Holds 47 stocks in artificial intelligence, 68% of its weight in S&P 500 companies
Issuer Themes Janus Henderson
Theme Artificial intelligence Artificial intelligence
In the S&P 500 0.0% 68.3%
Active share vs the S&P 500 100.0% 68.1%
In the Nasdaq-100 0.0% 64.6%
Holdings 22 47
Top ten, share of the fund 61.9% 62.7%
Expense ratio 0.39% 0.59%
Fee for the differing part 0.39% 0.87%
Total return, 1 year −15.8% +10.9%
vs its benchmark −30.8 pts vs ACWI −3.9 pts vs VOO
Below its high −30.2% −16.4%
Net assets, DRGN as of Nov 4, 2026 and JHAI as of Jul 31, 2026 $19m $23m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
DRGN

By weight, 0% of DRGN'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 62% of the fund across 22 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −15.8% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Net Total Return Index, so a holder was behind by 30.8 pts. It sits 30.2% below its all-time high of May 13, 2026.

JHAI

By weight, 68% of JHAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 68%. The top ten holdings are 63% of the fund across 47 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +10.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 3.9 pts. It sits 16.4% below its all-time high of Jun 30, 2026.

Questions people ask

Do DRGN and JHAI hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, DRGN or JHAI?
DRGN has 0% of its weight in S&P 500 names and JHAI has 68%, so DRGN differs more from the index.
Which is cheaper, DRGN or JHAI?
DRGN charges 0.39% a year and JHAI charges 0.59%, so DRGN is cheaper. Fees come from each fund's prospectus.
Other comparisons
DRGN vs WISEDRGN vs NEWZDRGN vs WDRNDRGN vs PBOTJHAI vs AGIQJHAI vs KAITJHAI vs AIEQJHAI vs LQAI
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →DRGN on its own →JHAI on its own →DRGN dividend history →DRGN holdings →JHAI dividend history →JHAI holdings →Method →Standards and sources →
Sources and dates
DRGN filings on SEC EDGAR ↗
DRGN prospectus with the expense ratio (SEC) ↗
Themes page for DRGN ↗
JHAI filings on SEC EDGAR ↗
JHAI prospectus with the expense ratio (SEC) ↗
Janus Henderson website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, DRGN against JHAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/drgn-vs-jhai

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.