AAAA vs. DRAI

Last updated Jun 23, 2026

AAAA (Amplius Aggressive Asset Allocation ETF) and DRAI (Draco Evolution AI ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. AAAA charges 0.49%/yr vs 1.50%/yr for DRAI.

Performance

AAAA vs. DRAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplius Aggressive Asset Allocation ETF (AAAA) and Draco Evolution AI ETF (DRAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAAA achieves a 12.01% return, which is significantly lower than DRAI's 14.87% return.

AAAA

• 1D: -0.25%
• 1M: 1.34%
• YTD: 12.01%
• 6M: 11.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAI

• 1D: -0.32%
• 1M: -1.11%
• YTD: 14.87%
• 6M: 13.70%
• 1Y: 37.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAAA vs. DRAI - Yearly Performance Comparison

	2026 (YTD)	2025
AAAA Amplius Aggressive Asset Allocation ETF	12.01%	10.11%
DRAI Draco Evolution AI ETF	14.87%	9.62%

Correlation

The correlation between AAAA and DRAI is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.87

Return for Risk

AAAA vs. DRAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAAA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DRAI

DRAI Risk / Return Rank: 81
DRAI Sharpe Ratio Rank: 81
DRAI Sortino Ratio Rank: 77
DRAI Omega Ratio Rank: 83
DRAI Calmar Ratio Rank: 89
DRAI Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAAA vs. DRAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplius Aggressive Asset Allocation ETF (AAAA) and Draco Evolution AI ETF (DRAI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAAA	DRAI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.49	—
Sortino ratio: Return per unit of downside risk	—	3.26	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	5.20	—
Martin ratio: Return relative to average drawdown	—	13.51	—

Drawdowns

AAAA vs. DRAI - Drawdown Comparison

The maximum AAAA drawdown since its inception was -7.83%, smaller than the maximum DRAI drawdown of -13.69%. Use the drawdown chart below to compare losses from any high point for AAAA and DRAI.

Drawdown Indicators

	AAAA	DRAI	Difference
Max Drawdown Largest peak-to-trough decline	-7.83%	-13.69%	+5.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.22%	—
Current Drawdown Current decline from peak	-0.88%	-3.55%	+2.67%
Average Drawdown Average peak-to-trough decline	-1.04%	-4.08%	+3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.77%	—

Volatility

Volatility by Period

	AAAA	DRAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.76%	15.13%	-3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.76%	17.18%	-5.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.76%	17.18%	-5.42%

AAAA vs. DRAI - Expense Ratio Comparison

AAAA has a 0.49% expense ratio, which is lower than DRAI's 1.50% expense ratio.

Dividends

AAAA vs. DRAI - Dividend Comparison

AAAA's dividend yield for the trailing twelve months is around 0.79%, less than DRAI's 1.34% yield.

Position	TTM	2025	2024
AAAA Amplius Aggressive Asset Allocation ETF	0.79%	0.79%	0.00%
DRAI Draco Evolution AI ETF	1.34%	1.48%	2.18%

Frequently Asked Questions

Can I hold both AAAA and DRAI in my portfolio?

AAAA and DRAI have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAAA or DRAI?

On fees, AAAA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAAA or DRAI?

AAAA is cheaper with a 0.49% expense ratio, compared with 1.50% for DRAI.

Which ETF pays a higher dividend yield, AAAA or DRAI?

DRAI has the higher dividend yield at 1.34%, compared with 0.79% for AAAA.

What is the main difference between AAAA and DRAI?

They also come from different issuers: Amplius and Draco Evolution. Their fees differ too: 0.49% for AAAA and 1.50% for DRAI.