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Data as of Nov 4, 2026.

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Thematic ETFs

DRGN vs XAIX: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, DRGN returned −15.8% to XAIX's +25.0%; 1% of their weight is in the same names.

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Net assets: $19m on Nov 4, 2026 for Themes China Generative Artificial Intelligence ETF, and $147m on Nov 2, 2026 for Xtrackers Artificial Intelligence and Big Data ETF.

DRGN on its own →XAIX on its own →
At a glance
0.0%
DRGN in the S&P 500
79.0%
XAIX in the S&P 500
−15.8%
DRGN total return, 1 year
+25.0%
XAIX total return, 1 year
DRGN · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of DRGN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 22 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of DRGN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

0% of DRGN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.

XAIX · 1 year to Nov 4, 2026 21% of its weight is outside the S&P 500
21% of its weight is outside the S&P 50079% of XAIX's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Aug 31, 2026.79%21%of its weight in S&P 500 companiesoutside the S&P 500active share 67% · top ten 44% of the fund · 101 holdings as filed for Aug 31, 2026 · Nasdaq-100: 58% in21% of its weight is outside the S&P 50079% of XAIX's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Aug 31, 2026.79%21%in the S&P 500outsideactive share 67% · Nasdaq-100: 58% in

79% of XAIX's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

XAIX costs 0.04 points a year less; their one-year returns differ by 40.8 points; XAIX is 8.3 times larger.

Points (pts) are percentage points.

DRGN vs XAIX: Holdings Overlap & Returns
MeasureDRGNXAIX
Return
Total return, 1 year−15.8%+25.0%
Drawdown
Below its all-time high30.2%, high on May 13, 202611.3%, high on Jun 2, 2026
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Its benchmark, total return, 1 year+15.0%+15.0%
Against its benchmark, 1 yearbehind by 30.8 ptsahead by 10.0 pts
Cost and size
Expense ratio0.39%0.35%
Net assets, as of Oct 30, 2026$18m$150m
Active share vs the S&P 500100%66%
Holdings
Holdings in common1%

Method

What they share

1%

By the books each fund has filed, DRGN and XAIX hold 1% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first DRGN XAIX
Cambricon Technologies Corp Ltd 6.22% 0.47%
Hygon Information Technology Co Ltd 6.06% 0.35%
IEIT Systems Co Ltd 4.39% 0.12%
Iflytek Co Ltd 5.92% 0.11%
SenseTime Group Inc 4.67% 0.06%
Kingsoft Cloud Holdings Ltd 4.48% 0.03%
Kingsoft Corp Ltd 5.81% 0.03%
Only in one fund ↓
Only in DRGN
Xiaomi Corp 8.12%
Montage Technology Co Ltd 7.04%
Baidu Inc 6.08%
Foxconn Industrial Internet Co Ltd 5.60%
360 Security Technology Inc 5.57%
Zhejiang Dahua Technology Co Ltd 5.52%
Kuaishou Technology 5.06%
TRS Information Technology Corp Ltd 4.09%
Only in XAIX
MICROSOFT CORP 5.87%
NVIDIA CORP 4.75%
APPLE INC 4.72%
AMAZON.COM INC 4.70%
META PLATFORMS INC 4.38%
ALPHABET INC 4.09%
WALMART INC 3.99%
SAMSUNG ELECTRONICS CO LTD 3.80%
Check overlap with more funds →

Window by window

Window by window: DRGN vs XAIX: Holdings Overlap & Returns
Total returnvs its benchmark
WindowDRGNXAIXDRGNXAIX
3 months−23.4%−3.6%−22.1 pts vs ACWI−2.3 pts vs ACWI
6 months−24.9%+5.4%−27.5 pts vs ACWI+2.8 pts vs ACWI
1 year−15.8%+25.0%−30.8 pts vs ACWI+10.0 pts vs ACWI
Since launchNot the same days: DRGN Jul 2025 · XAIX Aug 2024+10.6%+87.7%−14.3 pts vs ACWI+39.2 pts vs ACWI

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Side by side

DRGN Themes China Generative Artificial Intelligence ETF · Holds 22 stocks in artificial intelligence, 0% of its weight in S&P 500 companies XAIX Xtrackers Artificial Intelligence and Big Data ETF · Holds 101 stocks in artificial intelligence, 79% of its weight in S&P 500 companies
Issuer Themes Xtrackers
Theme Artificial intelligence Artificial intelligence
In the S&P 500 0.0% 79.0%
Active share vs the S&P 500 100.0% 66.5%
In the Nasdaq-100 0.0% 58.0%
Holdings 22 101
Top ten, share of the fund 61.9% 43.7%
Expense ratio 0.39% 0.35%
Fee for the differing part 0.39% 0.53%
Total return, 1 year −15.8% +25.0%
vs its benchmark −30.8 pts vs ACWI +10.0 pts vs ACWI
Below its high −30.2% −11.3%
Net assets, DRGN as of Nov 4, 2026 and XAIX as of Nov 2, 2026 $19m $147m

As of Nov 4, 2026. Source: ETFIQ.

1% of the two portfolios are the same securities at the same weight.

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About each fund
DRGN

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 22 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −15.8% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Net Total Return Index, so a holder was behind by 30.8 pts. It sits 30.2% below its all-time high of May 13, 2026.

XAIX

By weight, 79% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 66%. The top ten holdings are 44% of the fund across 101 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +25.0% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 10.0 pts. It sits 11.3% below its all-time high of Jun 2, 2026.

Questions people ask

Do DRGN and XAIX hold the same stocks?
By their latest filings, 1% of their books are the same securities at the same weight. 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 79%, 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
DRGN vs AIFDDRGN vs AIEQDRGN vs FAIDRGN vs KOIDXAIX vs AGIQXAIX vs AINTXAIX vs EPAIXAIX vs KAIT
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →DRGN on its own →XAIX on its own →DRGN dividend history →DRGN holdings →XAIX dividend history →XAIX holdings →Method →Standards and sources →
Sources and dates
DRGN filings on SEC EDGAR ↗
DRGN prospectus with the expense ratio (SEC) ↗
Themes page for DRGN ↗
XAIX filings on SEC EDGAR ↗
XAIX prospectus with the expense ratio (SEC) ↗
Xtrackers website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, DRGN against XAIX, data as of Nov 4, 2026. https://etfiq.com/compare/themes/drgn-vs-xaix

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.