Data as of .
DRGN vs WISE: which is really different?
DRGN and WISE hold 5% of their weight in the same names, and DRGN returned more over the year.
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
5% 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 WISE hold 5% of their money in the same securities at the same weight.
| Holding | DRGN | WISE |
|---|---|---|
| Kingsoft Cloud Holdings Ltd | 3.70% | 1.96% |
| Bairong Inc | 0.60% | 0.33% |
| Only in DRGN | Only in WISE |
|---|---|
| Hygon Information Technology C 8.15% | Advanced Micro Devices Inc 11.41% |
| Montage Technology Co Ltd 7.81% | QuickLogic Corp 7.53% |
| Cambricon Technologies Corp Lt 7.46% | Gorilla Technology Group Inc 5.49% |
| Yuanjie Semiconductor Technolo 7.23% | Snowflake Inc 5.15% |
| Foxconn Industrial Internet Co 5.88% | NVIDIA Corp 4.70% |
| Baidu Inc 5.71% | Broadcom Inc 3.53% |
| IEIT Systems Co Ltd 5.68% | Amazon.com Inc 3.46% |
| Kingsoft Corp Ltd 4.96% | 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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRGN | WISE | DRGN | WISE | DRGN | WISE | |
| 3 months | −11.4% | −13.3% | −13.6 pts | −15.6 pts | −8.9 pts | −10.8 pts |
| 6 months | +7.8% | +7.5% | −10.3 pts | −10.5 pts | −16.5 pts | −16.8 pts |
| 1 year | −6.3% | −17.1% | −22.9 pts | −33.7 pts | −28.1 pts | −38.9 pts |
| Since launch | +30.6% | +42.7% | +6.5 pts | −28.9 pts | +0.3 pts | −44.1 pts |
| DRGN Themes China Generative Artificial Intelligence ETF Holds 23 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 | Themes | 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 | 23 | 40 |
| Top ten, share of the fund | 62.5% | 51.4% |
| Expense ratio | 0.39% | 0.35% |
| Fee for the differing part | 0.39% | 0.42% |
| Total return, 1 year | −6.3% | −17.1% |
| vs the S&P 500 | −22.9 pts | −33.7 pts |
| vs the Nasdaq-100 | −28.1 pts | −38.9 pts |
| Below its high | −17.6% | −24.0% |
| Net assets | $22m | $28m |
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.
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 DRGN and WISE hold the same stocks?
- By their latest filings, 5% 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 WISE?
- DRGN has 0% of its weight in S&P 500 names and WISE has 32%, so DRGN differs more from the index.
- Which is cheaper, DRGN or WISE?
- DRGN charges 0.39% 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, DRGN against WISE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drgn-vs-wise Free to use with attribution; the underlying files are at Open data.