Data as of .
DRGN vs KAIT: which is really different?
DRGN and KAIT hold 4% of their weight in the same names.
ETFIQ Off-Index Score: DRGN 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
4% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DRGN and KAIT hold 4% of their money in the same securities at the same weight.
| Only in DRGN | Only in KAIT |
|---|---|
| Hygon Information Technology C 8.15% | TAIWAN SEMICONDUCTOR MANUFAC 6.16% |
| Montage Technology Co Ltd 7.81% | SK HYNIX INC 5.67% |
| Cambricon Technologies Corp Lt 7.46% | SAMSUNG ELECTRONICS CO LTD 4.96% |
| Yuanjie Semiconductor Technolo 7.23% | ASIA VITAL COMPONENTS 4.30% |
| Foxconn Industrial Internet Co 5.88% | ADVANTEST CORP 4.05% |
| Baidu Inc 5.71% | AURAS TECHNOLOGY CO LTD 3.71% |
| IEIT Systems Co Ltd 5.68% | LAND MARK OPTOELECTRONICS 3.61% |
| Kingsoft Corp Ltd 4.96% | HANMI SEMICONDUCTOR CO LTD 3.01% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRGN | KAIT | DRGN | KAIT | DRGN | KAIT | |
| 3 months | −11.4% | not published | −13.6 pts | not published | −8.9 pts | not published |
| 6 months | +7.8% | not published | −10.3 pts | not published | −16.5 pts | not published |
| 1 year | −6.3% | not published | −22.9 pts | not published | −28.1 pts | not published |
| Since launch | +30.6% | +3.8% | +6.5 pts | +4.5 pts | +0.3 pts | +3.1 pts |
| DRGN Themes China Generative Artificial Intelligence ETF Holds 23 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | KAIT KraneShares Asia AI Technology ETF Holds 52 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | KraneShares |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 0.0% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 23 | 52 |
| Top ten, share of the fund | 62.5% | 40.6% |
| Expense ratio | 0.39% | not published |
| Fee for the differing part | 0.39% | not published |
| Total return, 1 year | −6.3% | +3.8% (since launch on Aug 19, 2026) |
| vs the S&P 500 | −22.9 pts | +4.5 pts |
| vs the Nasdaq-100 | −28.1 pts | +3.1 pts |
| Below its high | −17.6% | −1.1% |
| Net assets | $22m | $5m |
DRGN in plain words
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 23 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −6.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 22.9 pts. It sits 17.6% below its all-time high of May 13, 2026.
KAIT in plain words
By weight, 0% of KAIT'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 41% of the fund across 52 positions, as published by its issuer for Sep 18, 2026. Since it launched on Aug 19, 2026 the fund returned +3.8% with distributions reinvested against −0.7% for the S&P 500, so a holder was ahead by 4.5 pts.
Questions people ask
- Do DRGN and KAIT hold the same stocks?
- By their latest filings, 4% 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, DRGN or KAIT?
- DRGN has 0% of its weight in S&P 500 names and KAIT has 0%, so DRGN differs more from the index.
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, DRGN against KAIT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drgn-vs-kait Free to use with attribution; the underlying files are at Open data.