Data as of .
DRGN vs XA: which is really different?
DRGN and XA hold 0% 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
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, DRGN and XA hold 0% of their money in the same securities at the same weight.
| Only in DRGN | Only in XA |
|---|---|
| Hygon Information Technology C 8.15% | Palo Alto Networks Inc 12.91% |
| Montage Technology Co Ltd 7.81% | Crowdstrike Holdings Inc 11.86% |
| Cambricon Technologies Corp Lt 7.46% | Okta Inc 6.91% |
| Yuanjie Semiconductor Technolo 7.23% | Fortinet Inc 5.87% |
| Foxconn Industrial Internet Co 5.88% | Datadog Inc 5.29% |
| Baidu Inc 5.71% | Rubrik Inc 4.81% |
| IEIT Systems Co Ltd 5.68% | Cloudflare Inc 4.66% |
| Kingsoft Corp Ltd 4.96% | Zscaler Inc 4.16% |
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 | XA | DRGN | XA | DRGN | XA | |
| 3 months | −11.4% | +27.7% | −13.6 pts | +25.4 pts | −8.9 pts | +30.2 pts |
| 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% | +59.5% | +6.5 pts | +55.1 pts | +0.3 pts | +55.6 pts |
| DRGN Themes China Generative Artificial Intelligence ETF Holds 23 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | XA Corgi AI Cybersecurity ETF Holds 26 stocks in artificial intelligence, 47% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | Corgi |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 47.2% |
| Active share vs the S&P 500 | 100.0% | 98.9% |
| In the Nasdaq-100 | 0.0% | 40.1% |
| Holdings | 23 | 26 |
| Top ten, share of the fund | 62.5% | 64.6% |
| Expense ratio | 0.39% | 0.35% |
| Fee for the differing part | 0.39% | 0.35% |
| Total return, 1 year | −6.3% | +59.5% (since launch on May 6, 2026) |
| vs the S&P 500 | −22.9 pts | +55.1 pts |
| vs the Nasdaq-100 | −28.1 pts | +55.6 pts |
| Below its high | −17.6% | −2.6% |
| Net assets | $22m | $6m |
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.
XA in plain words
By weight, 47% of XA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 65% of the fund across 26 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned +59.5% with distributions reinvested against +4.3% for the S&P 500, so a holder was ahead by 55.1 pts.
Questions people ask
- Do DRGN and XA 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, DRGN or XA?
- DRGN has 0% of its weight in S&P 500 names and XA has 47%, so DRGN differs more from the index.
- Which is cheaper, DRGN or XA?
- DRGN charges 0.39% a year and XA charges 0.35%, so XA 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 XA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drgn-vs-xa Free to use with attribution; the underlying files are at Open data.