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Data as of .

DRGN vs WDRN: which is really different?

DRGN and WDRN hold 4% of their weight in the same names.

Themes China Generative Artificial Intelligence ETF and WisdomTree Physical AI, Humanoids, and Drones Fund.

0.0%DRGN in the S&P 500
23.1%WDRN in the S&P 500
−6.3%DRGN total return, 1 year
−15.3%WDRN total return, 1 year

ETFIQ Off-Index Score: DRGN scores higher

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

DRGN 91.8WDRN 27.80.1, 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

DRGN100% 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 63% of the fund · 23 holdings filed Jun 30, 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 63% of the fund
WDRN77% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
23%77%in the S&P 500of its weight outside the S&P 500active share 93% · top ten 36% of the fund · 63 holdings filed Jun 30, 2026 · Nasdaq-100: 13% in23%77%inoutside the S&P 500active share 93% · top ten 36% of the fund

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 WDRN hold 4% of their money in the same securities at the same weight.

Only in each
Only in DRGNOnly in WDRN
Hygon Information Technology C 8.15%TESLA INC 5.74%
Montage Technology Co Ltd 7.81%NVIDIA CORP 4.62%
Cambricon Technologies Corp Lt 7.46%AMPRIUS TECHNOLOGIES INC 4.35%
Yuanjie Semiconductor Technolo 7.23%HARMONIC DRIVE SYSTEMS INC 3.76%
Foxconn Industrial Internet Co 5.88%RED CAT HOLDINGS INC 3.36%
Baidu Inc 5.71%AURORA INNOVATION INC 3.27%
IEIT Systems Co Ltd 5.68%ONDAS INC 2.77%
Kingsoft Corp Ltd 4.96%HYUNDAI MOTOR COMPANY 2.67%

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.

Performance, window by window

DRGN and WDRN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
DRGNWDRNDRGNWDRNDRGNWDRN
3 months−11.4%−14.7%−13.6 pts−17.0 pts−8.9 pts−12.2 pts
6 months+7.8%not published−10.3 ptsnot published−16.5 ptsnot published
1 year−6.3%not published−22.9 ptsnot published−28.1 ptsnot published
Since launch+30.6%−15.3%+6.5 pts−17.7 pts+0.3 pts−15.7 pts
Open the live comparison on ETFIQ
DRGN and WDRN on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DRGN
Themes China Generative Artificial Intelligence ETF
Holds 23 stocks in artificial intelligence, 0% of its weight in S&P 500 companies
WDRN
WisdomTree Physical AI, Humanoids, and Drones Fund
Holds 63 stocks in artificial intelligence, 23% of its weight in S&P 500 companies
IssuerThemesWisdomTree
ThemeArtificial intelligenceArtificial intelligence
In the S&P 5000.0%23.1%
Active share vs the S&P 500100.0%92.6%
In the Nasdaq-1000.0%13.1%
Holdings2363
Top ten, share of the fund62.5%35.8%
Expense ratio0.39%0.45%
Fee for the differing part0.39%0.49%
Total return, 1 year−6.3%−15.3% (since launch on May 14, 2026)
vs the S&P 500−22.9 pts−17.7 pts
vs the Nasdaq-100−28.1 pts−15.7 pts
Below its high−17.6%−23.7%
Net assets$22m$18m

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.

WDRN in plain words

By weight, 23% of WDRN'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 36% of the fund across 63 positions, as filed for Jun 30, 2026. Since it launched on May 14, 2026 the fund returned −15.3% with distributions reinvested against +2.3% for the S&P 500, so a holder was behind by 17.7 pts. It sits 23.7% below its all-time high of Jun 2, 2026.

Questions people ask

Do DRGN and WDRN 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 WDRN?
DRGN has 0% of its weight in S&P 500 names and WDRN has 23%, so DRGN differs more from the index.
Which is cheaper, DRGN or WDRN?
DRGN charges 0.39% a year and WDRN charges 0.45%, so DRGN 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.

DRGN against WDRN, 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, DRGN against WDRN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drgn-vs-wdrn Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources