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Draco Evolution AI ETF (DRAI) Sharpe Ratio: 1.96

DRAI's Sharpe Ratio of 1.96 indicates that for each unit of volatility, it generates 1.96 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

DRAI Sharpe Ratio Rank

DRAI Sharpe Ratio Rank: 88.689
Exceptional

DRAI ranks above 88.6% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

DRAI Sharpe Ratio Market Positioning

The chart shows DRAI's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.48 or lower
  • Yellow zone (middle 50%): 0.48 to 1.43
  • Green zone (top 25%): 1.43 or higher
  • Top 1%: 5.74+
  • Median: 0.96 — half of all investments score higher

How it compares to other similar ETFs

The table compares Draco Evolution AI ETF's Sharpe Ratio with other ETFs in the Diversified Portfolio category across multiple time periods, showing how DRAI's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RAAXVanEck Inflation Allocation ETF2.26
IYLDiShares Morningstar Multi-Asset Income ETF2.00
DRAIDraco Evolution AI ETF1.96
GAACambria Global Asset Allocation ETF1.95
BAMYBrookstone Yield ETF1.89
NTSEWisdomTree Emerging Markets Efficient Core Fund1.78
HIDEAlpha Architect High Inflation And Deflation ETF1.75
INCMFranklin Income Focus ETF1.71
MSMRMcElhenny Sheffield Managed Risk ETF1.56
DDXDefined Duration 10 ETF1.54

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DRAI's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DRAI consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore DRAI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

DRAI Sortino Ratio