CGRO vs. DRAG

Last updated Jun 5, 2026

CGRO (CoreValues Alpha Greater China Growth ETF) and DRAG (Roundhill China Dragons ETF) are both China Equities funds. Both are actively managed. CGRO charges 0.75%/yr vs 0.59%/yr for DRAG.

Performance

CGRO vs. DRAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoreValues Alpha Greater China Growth ETF (CGRO) and Roundhill China Dragons ETF (DRAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CGRO

• 1D: -0.69%
• 1M: -6.61%
• YTD: -15.64%
• 6M: -16.66%
• 1Y: -12.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAG

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGRO vs. DRAG - Yearly Performance Comparison

	2026 (YTD)
CGRO CoreValues Alpha Greater China Growth ETF	-14.64%
DRAG Roundhill China Dragons ETF	0.00%

CGRO vs. DRAG - Sectors Allocation Comparison

Sectors	CGRO	DRAG
Consumer Cyclical	43.9%	72.4%
Industrials	15.6%	-
Technology	14.8%	10.2%
Communication Services	13.3%	17.3%
Healthcare	5.7%	-
Financial Services	3.3%	-
Consumer Defensive	2.3%	-
Real Estate	1.1%	-
Basic Materials	-	-
Energy	-	-
Utilities	-	-

Return for Risk

CGRO vs. DRAG — Risk / Return Rank

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

CGRO

CGRO Risk / Return Rank: 5
CGRO Sharpe Ratio Rank: 4
CGRO Sortino Ratio Rank: 4
CGRO Omega Ratio Rank: 5
CGRO Calmar Ratio Rank: 5
CGRO Martin Ratio Rank: 5

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.

CGRO vs. DRAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoreValues Alpha Greater China Growth ETF (CGRO) and Roundhill China Dragons ETF (DRAG). 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.

	CGRO	DRAG	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	—	—
Sortino ratio: Return per unit of downside risk	-0.66	—	—
Omega ratio: Gain probability vs. loss probability	0.93	—	—
Calmar ratio: Return relative to maximum drawdown	-0.44	—	—
Martin ratio: Return relative to average drawdown	-0.83	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CGRO	DRAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	—	—

Drawdowns

CGRO vs. DRAG - Drawdown Comparison

The maximum CGRO drawdown since its inception was -27.90%, which is greater than DRAG's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CGRO and DRAG.

Drawdown Indicators

	CGRO	DRAG	Difference
Max Drawdown Largest peak-to-trough decline	-27.90%	0.00%	-27.90%
Max Drawdown (1Y) Largest decline over 1 year	-27.90%	—	—
Current Drawdown Current decline from peak	-27.90%	0.00%	-27.90%
Average Drawdown Average peak-to-trough decline	-10.25%	0.00%	-10.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.67%	—	—

Volatility

Volatility by Period

	CGRO	DRAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.47%	0.00%	+22.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.97%	0.00%	+28.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.97%	0.00%	+28.97%

CGRO vs. DRAG - Expense Ratio Comparison

CGRO has a 0.75% expense ratio, which is higher than DRAG's 0.59% expense ratio.

Dividends

CGRO vs. DRAG - Dividend Comparison

CGRO's dividend yield for the trailing twelve months is around 3.32%, while DRAG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
CGRO CoreValues Alpha Greater China Growth ETF	3.32%	2.48%	2.47%	0.21%
DRAG Roundhill China Dragons ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, CGRO or DRAG?

On fees, DRAG is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGRO or DRAG?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.75% for CGRO.

Which ETF pays a higher dividend yield, CGRO or DRAG?

CGRO has the higher dividend yield at 3.32%, compared with 0.00% for DRAG.

What is the main difference between CGRO and DRAG?

They also come from different issuers: CoreValues Alpha and Roundhill. Their fees differ too: 0.75% for CGRO and 0.59% for DRAG.