ARTY vs. DRGN
ARTY (iShares Future AI & Tech ETF) and DRGN (Themes China Generative Artificial Intelligence ETF) are both Artificial Intelligence funds - ARTY tracks the Morningstar Global Artificial Intelligence Select Index (Net) while DRGN tracks the BITA China Generative AI Select Index. Both are passively managed. Over the past year, ARTY returned 57.81% vs 34.63% for DRGN. Their 0.48 correlation means their historical movements had little consistent relationship. ARTY charges 0.47%/yr vs 0.39%/yr for DRGN.
Performance
ARTY vs. DRGN - Performance Comparison
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Returns By Period
In the year-to-date period, ARTY achieves a 38.42% return, which is significantly higher than DRGN's 8.73% return.
ARTY
- 1D
- 0.60%
- 1M
- -6.25%
- 6M
- 29.47%
- YTD
- 38.42%
- 1Y
- 57.81%
- 3Y*
- 25.12%
- 5Y*
- 9.92%
- 10Y*
- —
- ALL TIME*
- 14.64%
DRGN
- 1D
- 3.34%
- 1M
- -0.11%
- 6M
- -2.24%
- YTD
- 8.73%
- 1Y
- 34.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 36.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $36.04M | $40.00M | $59.74M | |
| $390.32K | $398.54K | $552.05K |
ARTY vs. DRGN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ARTY iShares Future AI & Tech ETF | 38.42% | 16.72% |
DRGN Themes China Generative Artificial Intelligence ETF | 8.73% | 26.96% |
Correlation
The correlation between ARTY and DRGN is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.48 |
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Return for Risk
ARTY vs. DRGN — Risk / Return Rank
ARTY
DRGN
ARTY vs. DRGN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (ARTY) and Themes China Generative Artificial Intelligence ETF (DRGN). 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.
| ARTY | DRGN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.17 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 1.55 | +0.69 |
| Martin ratioReturn relative to average drawdown | 7.25 | 3.10 | +4.15 |
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Drawdowns
ARTY vs. DRGN - Drawdown Comparison
The maximum ARTY drawdown since its inception was -54.50%, which is greater than DRGN's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for ARTY and DRGN.
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Drawdown Indicators
| ARTY | DRGN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.50% | -20.86% | -33.64% |
Max Drawdown (1Y)Largest decline over 1 year | -24.00% | -20.86% | -3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -50.53% | — | — |
Current DrawdownCurrent decline from peak | -17.41% | -13.29% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -19.68% | -8.39% | -11.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.42% | 10.42% | -3.00% |
Volatility
ARTY vs. DRGN - Volatility Comparison
iShares Future AI & Tech ETF (ARTY) has a higher volatility of 14.17% compared to Themes China Generative Artificial Intelligence ETF (DRGN) at 12.89%. This indicates that ARTY's price experiences larger fluctuations and is considered to be riskier than DRGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARTY | DRGN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.17% | 12.89% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 33.16% | 25.82% | +7.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.34% | 36.63% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.29% | 36.03% | -5.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.64% | 36.03% | -7.39% |
ARTY vs. DRGN - Expense Ratio Comparison
ARTY has a 0.47% expense ratio, which is higher than DRGN's 0.39% expense ratio.
Dividends
ARTY vs. DRGN - Dividend Comparison
ARTY's dividend yield for the trailing twelve months is around 0.07%, less than DRGN's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARTY iShares Future AI & Tech ETF | 0.07% | 0.00% | 0.50% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
DRGN Themes China Generative Artificial Intelligence ETF | 1.12% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ARTY and DRGN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARTY has higher volatility (14.17%) compared to DRGN (12.89%). In terms of maximum drawdown, ARTY dropped -54.50% vs DRGN's -20.86%.
On 1-year performance, ARTY leads with 57.81% vs 34.63% for DRGN. On fees, DRGN is cheaper at 0.39% per year. On volatility, DRGN has been the lower-risk option at 12.89%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ARTY has performed better with a 57.81% return vs 34.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DRGN is cheaper with a 0.39% expense ratio, compared with 0.47% for ARTY.
DRGN has the higher dividend yield at 1.12%, compared with 0.07% for ARTY.
ARTY tracks Morningstar Global Artificial Intelligence Select Index (Net), while DRGN tracks BITA China Generative AI Select Index. They also come from different issuers: iShares and Themes. Their fees differ too: 0.47% for ARTY and 0.39% for DRGN.
ARTY currently has the higher Sharpe Ratio (1.44 vs 0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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