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Themes China Generative Artificial Intelligence ETF (DRGN) belongs to the China Equities 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 China Equities category with lower expense ratios, going as low as 0.19%.


Best Risk-Adjusted Alternatives to DRGN

DRGN has a PortfoliosLab risk / return rank of 42. There are 10 ETFs in the China Equities category with higher risk-adjusted ranks, going as high as 95.


Top Performing DRGN Alternatives (YTD)

DRGN is at 14.26% YTD. There are 6 ETFs in the China Equities category with higher YTD returns, going as high as 47.23%.


Lowest Volatility Alternatives to DRGN

DRGN has 35.74% 1-year volatility. There are 30 ETFs in the China Equities category with lower 1-year volatility, going as low as 13.95%.


Lowest Drawdown Alternatives to DRGN

DRGN has a 1-year max drawdown of -20.86%. There are 15 ETFs in the China Equities category with shallower 1-year drawdowns, going as shallow as -5.90%.


Other ETFs from Themes

The 10 most viewed Themes ETFs shown here include NATO, GSIB, URAN and span 10 categories. AUM among these funds goes as high as $64M.


Often Compared With DRGN

Investors most often compare DRGN with TSXU, EWT, CAS. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
Direxion Daily Semiconductors Top 5 Bull 2X SharesLeveraged Equities, Technology Equities
103.74%
15.46MSep 2025DRGN vs TSXU
iShares MSCI Taiwan ETFTaiwan Equities, Asia Pacific Equities
94
61.33%
10.71BJun 2000DRGN vs EWT
Simplify China A Shares PLUS Income ETFChina Equities, Asia Pacific Equities13.69MJan 2025DRGN vs CAS
Goldman Sachs ETF Trust Goldman Sachs Innovate Equ...Technology Equities
37
8.58%
211.01MNov 2020DRGN vs GINN
iShares MSCI China ETFChina Equities, Asia Pacific Equities
8
-9.26%
6.05BMar 2011DRGN vs MCHI
Defiance Connective Technologies ETFTechnology Equities
76
33.37%
948.10MMar 2019DRGN vs UFOX
KraneShares CSI China Internet ETFChina Equities, Asia Pacific Equities
4
-20.70%
5.22BJul 2013DRGN vs KWEB
Matthews China Active ETFChina Equities, Asia Pacific Equities
24
1.40%
22.87MJul 2022DRGN vs MCH
Vanguard Information Technology ETFTechnology Equities
57
23.92%
170.10BMar 2004DRGN vs VGT
Xtrackers Semiconductor Select Equity ETFSemiconductors, Technology Equities
95
88.58%
116.18MJul 2023DRGN vs CHPS
State Street Technology Select Sector SPDR ETFTechnology Equities
61
26.43%
120.59BDec 1998DRGN vs XLK
CoreValues Alpha Greater China Growth ETFChina Equities, Asia Pacific Equities
4
-17.76%
2.34MOct 2023DRGN vs CGRO
VistaShares Artificial Intelligence Supercycle ETFTechnology Equities
94
89.83%
574.75MDec 2024DRGN vs AIS
KraneShares MSCI All China Health Care Index ETFChina Equities, Asia Pacific Equities
11
5.09%
79.56MFeb 2018DRGN vs KURE
Arm Holdings PLC ADRhedged ETFTechnology Equities8.61MMar 2025DRGN vs ARMH
Invesco Semiconductors ETFSemiconductors, Technology Equities
93
94.91%
2.68BJun 2005DRGN vs PSI
Clockwise Core Equity & Innovation ETFTechnology Equities
35
7.89%
19.49MJan 2022DRGN vs TIME
Invesco Next Gen Connectivity ETFTechnology Equities
91
45.73%
165.69MJun 2005DRGN vs KNCT
VanEck Semiconductor ETFSemiconductors, Technology Equities
92
64.04%
73.62BDec 2011DRGN vs SMH
Vaneck Technology Trusector ETFTechnology Equities
17.23%
173.15MAug 2025DRGN vs TRUT

Compare DRGN with Any Fund or Stock

Compare DRGN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

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