DRAG vs. CAS

Last updated Jun 4, 2026

DRAG (Roundhill China Dragons ETF) and CAS (Simplify China A Shares PLUS Income ETF) are both China Equities funds. Both are actively managed. DRAG charges 0.59%/yr vs 0.88%/yr for CAS.

Performance

DRAG vs. CAS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill China Dragons ETF (DRAG) and Simplify China A Shares PLUS Income ETF (CAS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRAG

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

CAS

• 1D: -0.49%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRAG vs. CAS - Yearly Performance Comparison

	2026 (YTD)
DRAG Roundhill China Dragons ETF	0.00%
CAS Simplify China A Shares PLUS Income ETF	-1.66%

DRAG vs. CAS - Sectors Allocation Comparison

Sectors	DRAG	CAS
Consumer Cyclical	72.4%	-
Communication Services	17.3%	-
Technology	10.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	43.4%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DRAG vs. CAS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill China Dragons ETF (DRAG) and Simplify China A Shares PLUS Income ETF (CAS). 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.

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

Sharpe Ratios by Period

	DRAG	CAS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-3.61	—

Drawdowns

DRAG vs. CAS - Drawdown Comparison

The maximum DRAG drawdown since its inception was 0.00%, smaller than the maximum CAS drawdown of -2.59%. Use the drawdown chart below to compare losses from any high point for DRAG and CAS.

Drawdown Indicators

	DRAG	CAS	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.59%	+2.59%
Current Drawdown Current decline from peak	0.00%	-1.66%	+1.66%
Average Drawdown Average peak-to-trough decline	0.00%	-1.72%	+1.72%

Volatility

Volatility by Period

	DRAG	CAS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	20.83%	-20.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	20.83%	-20.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	20.83%	-20.83%

DRAG vs. CAS - Expense Ratio Comparison

DRAG has a 0.59% expense ratio, which is lower than CAS's 0.88% expense ratio.

Dividends

DRAG vs. CAS - Dividend Comparison

Neither DRAG nor CAS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, DRAG or CAS?

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, DRAG or CAS?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.88% for CAS.

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

DRAG and CAS have nearly identical dividend yields, around 0.00%.

What is the main difference between DRAG and CAS?

They also come from different issuers: Roundhill and Simplify. Their fees differ too: 0.59% for DRAG and 0.88% for CAS.