Themes China Generative Artificial Intelligence ETF (DRGN) belongs to the Artificial Intelligence category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DRGN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DRGN
DRGN charges 0.39% annually. There are 2 ETFs in the Artificial Intelligence category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | 0.35% | 157.62M | Aug 2024 | DRGN vs XAIX | |
| Themes Generative Artificial Intelligence ETF | 0.35% | 26.54M | Dec 2023 | DRGN vs WISE | |
| WisdomTree Artificial Intelligence and Innovation ... | 0.45% | 620.07M | Dec 2021 | DRGN vs WTAI | |
| iShares Future AI & Tech ETF | 0.47% | 3.50B | Jun 2018 | DRGN vs ARTY | |
| Franklin Intelligent Machines ETF | 0.50% | 102.56M | Feb 2020 | DRGN vs IQM |
Best Risk-Adjusted Alternatives to DRGN
DRGN has a PortfoliosLab risk / return rank of 38. There are 16 ETFs in the Artificial Intelligence category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | 89 | 921.07M | Dec 2024 | DRGN vs AIS | |
| Invesco AI and Next Gen Software ETF | 83 | 1.12B | Jun 2005 | DRGN vs IGPT | |
| TCW Artificial Intelligence ETF | 78 | 125.54M | Aug 2017 | DRGN vs AIFD | |
| ROBO Global Artificial Intelligence ETF | 76 | 421.30M | May 2020 | DRGN vs THNQ | |
| Roundhill Generative AI & Technology ETF | 73 | 1.78B | May 2023 | DRGN vs CHAT |
Top Performing DRGN Alternatives (YTD)
DRGN is at 13.71% YTD. There are 21 ETFs in the Artificial Intelligence category with higher YTD returns, going as high as 84.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | 84.91% | 921.07M | Dec 2024 | DRGN vs AIS | |
| Global X AI Semiconductor & Quantum ETF | 73.21% | 211.53M | Sep 2025 | DRGN vs CHPX | |
| Tortoise AI Infrastructure ETF | 63.96% | 169.58M | Aug 2025 | DRGN vs TCAI | |
| Invesco AI and Next Gen Software ETF | 57.96% | 1.12B | Jun 2005 | DRGN vs IGPT | |
| Roundhill Generative AI & Technology ETF | 52.78% | 1.78B | May 2023 | DRGN vs CHAT |
Lowest Volatility Alternatives to DRGN
DRGN has 36.79% 1-year volatility. There are 16 ETFs in the Artificial Intelligence category with lower 1-year volatility, going as low as 24.07%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Agentic AI ETF | 24.07% | 9.56M | Sep 2025 | DRGN vs AGIQ | |
| First Trust Nasdaq Artificial Intelligence & Robot... | 25.22% | 724.78M | Feb 2018 | DRGN vs ROBT | |
| Xtrackers Artificial Intelligence and Big Data ETF | 26.08% | 157.62M | Aug 2024 | DRGN vs XAIX | |
| Global X Robotics & Artificial Intelligence Themat... | 26.60% | 3.31B | Sep 2016 | DRGN vs BOTZ | |
| Pictet AI & Automation ETF | 27.29% | 14.01M | Oct 2025 | DRGN vs PBOT |
Lowest Drawdown Alternatives to DRGN
DRGN has a 1-year max drawdown of -20.86%. There are 9 ETFs in the Artificial Intelligence category with shallower 1-year drawdowns, going as shallow as -16.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | -16.95% | 157.62M | Aug 2024 | DRGN vs XAIX | |
| ROBO Global Artificial Intelligence ETF | -18.39% | 421.30M | May 2020 | DRGN vs THNQ | |
| First Trust Bloomberg Artificial Intelligence ETF | -18.84% | — | Nov 2024 | DRGN vs FAI | |
| YieldMax AI & Tech Portfolio Option Income ETF | -19.32% | 101.75M | Jan 2025 | DRGN vs GPTY | |
| Global X Robotics & Artificial Intelligence Themat... | -19.34% | 3.31B | Sep 2016 | DRGN vs BOTZ |
Other ETFs from Themes
The 10 most viewed Themes ETFs shown here include NATO, GSIB, URAN and span 12 categories. AUM among these funds goes as high as $57M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Themes Transatlantic Defense ETF | Aerospace & Defense | 32 | 13.29% | — | Oct 2024 | DRGN vs NATO | |
| Themes Global Systemically Important Banks ETF | Financials Equities | 87 | 22.50% | 48.36M | Dec 2023 | DRGN vs GSIB | |
| Themes Uranium & Nuclear ETF | Uranium, Alternative Energy Equities, Energy Equities | 11 | -8.86% | — | Sep 2024 | DRGN vs URAN | |
| Themes Humanoid Robotics ETF | Robotics, Technology Equities | 31 | 5.04% | 56.52M | Apr 2024 | DRGN vs BOTT | |
| Themes Gold Miners ETF | Gold, Precious Metals | 32 | -12.29% | 20.51M | Dec 2023 | DRGN vs AUMI | |
| Themes Silver Miners ETF | Silver, Precious Metals | 51 | -1.03% | 10.47M | May 2024 | DRGN vs AGMI | |
| Themes Cybersecurity ETF | Technology Equities | 42 | 43.34% | 4.84M | Dec 2023 | DRGN vs SPAM | |
| Themes US Small Cap Cash Flow Champions ETF | Small Cap Value Equities | 91 | 25.25% | 3.23M | Dec 2023 | DRGN vs SMCF | |
| Themes Cloud Computing ETF | Technology Equities | 11 | 5.36% | 1.91M | Dec 2023 | DRGN vs CLOD | |
| Themes Natural Monopoly ETF | Large Cap Blend Equities | — | — | 1.65M | Dec 2023 | DRGN vs CZAR |
Often Compared With DRGN
Investors most often compare DRGN with TSXU, CAS, CNXT. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare DRGN with Any Fund or Stock
Compare DRGN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DRGN with funds that move differently
Themes China Generative Artificial Intelligence ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DRGN.
Explore DRGN Diversifiers