DRAG vs. CNYA

Last updated Jun 5, 2026

DRAG (Roundhill China Dragons ETF) and CNYA (iShares MSCI China A ETF) are both China Equities funds. DRAG is actively managed, while CNYA is passively managed. DRAG charges 0.59%/yr vs 0.60%/yr for CNYA.

Performance

DRAG vs. CNYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill China Dragons ETF (DRAG) and iShares MSCI China A ETF (CNYA). 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*: —

CNYA

• 1D: -0.36%
• 1M: 1.89%
• YTD: 8.91%
• 6M: 13.45%
• 1Y: 36.38%
• 3Y*: 11.15%
• 5Y*: -1.13%
• 10Y*: —

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

DRAG vs. CNYA - Yearly Performance Comparison

	2026 (YTD)
DRAG Roundhill China Dragons ETF	0.00%
CNYA iShares MSCI China A ETF	6.35%

DRAG vs. CNYA - Sectors Allocation Comparison

Sectors	DRAG	CNYA
Consumer Cyclical	72.4%	5.7%
Communication Services	17.3%	0.6%
Technology	10.2%	30.0%
Basic Materials	-	10.6%
Consumer Defensive	-	6.7%
Energy	-	3.2%
Financial Services	-	17.0%
Healthcare	-	3.8%
Industrials	-	18.3%
Real Estate	-	0.7%
Utilities	-	3.2%

Return for Risk

DRAG vs. CNYA — Risk / Return Rank

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

CNYA

CNYA Risk / Return Rank: 71
CNYA Sharpe Ratio Rank: 65
CNYA Sortino Ratio Rank: 64
CNYA Omega Ratio Rank: 64
CNYA Calmar Ratio Rank: 86
CNYA Martin Ratio Rank: 75

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.

DRAG vs. CNYA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill China Dragons ETF (DRAG) and iShares MSCI China A ETF (CNYA). 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	CNYA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.11	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.27	—

Drawdowns

DRAG vs. CNYA - Drawdown Comparison

The maximum DRAG drawdown since its inception was 0.00%, smaller than the maximum CNYA drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for DRAG and CNYA.

Drawdown Indicators

	DRAG	CNYA	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-49.49%	+49.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.70%	—
Current Drawdown Current decline from peak	0.00%	-13.73%	+13.73%
Average Drawdown Average peak-to-trough decline	0.00%	-20.68%	+20.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	DRAG	CNYA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	17.31%	-17.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	23.80%	-23.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	23.55%	-23.55%

DRAG vs. CNYA - Expense Ratio Comparison

DRAG has a 0.59% expense ratio, which is lower than CNYA's 0.60% expense ratio.

Dividends

DRAG vs. CNYA - Dividend Comparison

DRAG has not paid dividends to shareholders, while CNYA's dividend yield for the trailing twelve months is around 1.76%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CNYA iShares MSCI China A ETF	1.76%	1.92%	2.51%	4.23%	2.69%	1.11%	1.06%	1.21%	3.92%	0.97%	1.38%
DRAG Roundhill China Dragons ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DRAG or CNYA?

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 CNYA?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.60% for CNYA.

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

CNYA has the higher dividend yield at 1.76%, compared with 0.00% for DRAG.

What is the main difference between DRAG and CNYA?

They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.59% for DRAG and 0.60% for CNYA.