Data as of .
DRGN vs XAIX: which is really different?
DRGN and XAIX hold 8% of their weight in the same names, and XAIX 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
8% 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 XAIX hold 8% of their money in the same securities at the same weight.
| Holding | DRGN | XAIX |
|---|---|---|
| SenseTime Group Inc | 4.08% | 0.07% |
| Kingsoft Cloud Holdings Ltd | 3.70% | 0.04% |
| Kingsoft Corp Ltd | 4.96% | 0.03% |
| Tuya Inc | 1.02% | 0.01% |
| Only in DRGN | Only in XAIX |
|---|---|
| Hygon Information Technology C 8.15% | MICRON TECHNOLOGY INC 9.03% |
| Montage Technology Co Ltd 7.81% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| Cambricon Technologies Corp Lt 7.46% | SK HYNIX INC 7.69% |
| Yuanjie Semiconductor Technolo 7.23% | INTEL CORP 4.92% |
| Foxconn Industrial Internet Co 5.88% | CISCO SYSTEMS INC 4.13% |
| Baidu Inc 5.71% | ALPHABET INC 4.00% |
| IEIT Systems Co Ltd 5.68% | AMAZON.COM INC 3.86% |
| DAHUA INC 4.92% | APPLE INC 3.78% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRGN | XAIX | DRGN | XAIX | DRGN | XAIX | |
| 3 months | −11.4% | −1.3% | −13.6 pts | −3.6 pts | −8.9 pts | +1.1 pts |
| 6 months | +7.8% | +41.6% | −10.3 pts | +23.6 pts | −16.5 pts | +17.3 pts |
| 1 year | −6.3% | +39.6% | −22.9 pts | +23.0 pts | −28.1 pts | +17.8 pts |
| Since launch | +30.6% | +101.2% | +6.5 pts | +54.6 pts | +0.3 pts | +38.8 pts |
| DRGN Themes China Generative Artificial Intelligence ETF Holds 23 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 70.6% |
| Active share vs the S&P 500 | 100.0% | 72.0% |
| In the Nasdaq-100 | 0.0% | 50.2% |
| Holdings | 23 | 91 |
| Top ten, share of the fund | 62.5% | 53.0% |
| Expense ratio | 0.39% | 0.35% |
| Fee for the differing part | 0.39% | 0.49% |
| Total return, 1 year | −6.3% | +39.6% |
| vs the S&P 500 | −22.9 pts | +23.0 pts |
| vs the Nasdaq-100 | −28.1 pts | +17.8 pts |
| Below its high | −17.6% | −4.9% |
| Net assets | $22m | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do DRGN and XAIX hold the same stocks?
- By their latest filings, 8% 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 XAIX?
- DRGN has 0% of its weight in S&P 500 names and XAIX has 71%, so DRGN differs more from the index.
- Which is cheaper, DRGN or XAIX?
- DRGN charges 0.39% a year and XAIX charges 0.35%, so XAIX 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 XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drgn-vs-xaix Free to use with attribution; the underlying files are at Open data.