DRAI vs. AAAA

Last updated Jul 15, 2026

DRAI (Draco Evolution AI ETF) and AAAA (Amplius Aggressive Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. DRAI charges 1.50%/yr vs 0.49%/yr for AAAA.

Performance

DRAI vs. AAAA - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with DRAI having a 11.54% return and AAAA slightly higher at 11.55%.

DRAI

• 1D: 0.35%
• 1M: -1.11%
• 6M: 9.69%
• YTD: 11.54%
• 1Y: 21.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAAA

• 1D: 0.58%
• 1M: 0.66%
• 6M: 9.68%
• YTD: 11.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRAI vs. AAAA - Yearly Performance Comparison

	2026 (YTD)	2025
DRAI Draco Evolution AI ETF	11.54%	9.62%
AAAA Amplius Aggressive Asset Allocation ETF	11.55%	10.11%

Correlation

The correlation between DRAI and AAAA is 0.88, 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	0.88

Return for Risk

DRAI vs. AAAA — Risk / Return Rank

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

DRAI

DRAI Risk / Return Rank: 57
DRAI Sharpe Ratio Rank: 53
DRAI Sortino Ratio Rank: 49
DRAI Omega Ratio Rank: 57
DRAI Calmar Ratio Rank: 75
DRAI Martin Ratio Rank: 51

AAAA

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

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.

DRAI vs. AAAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Draco Evolution AI ETF (DRAI) and Amplius Aggressive Asset Allocation ETF (AAAA). 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.

	DRAI	AAAA	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	3.06	—	—
Martin ratio: Return relative to average drawdown	7.05	—	—

Drawdowns

DRAI vs. AAAA - Drawdown Comparison

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

Drawdown Indicators

	DRAI	AAAA	Difference
Max Drawdown Largest peak-to-trough decline	-13.69%	-7.83%	-5.86%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	—	—
Current Drawdown Current decline from peak	-6.35%	-1.29%	-5.06%
Average Drawdown Average peak-to-trough decline	-4.14%	-1.08%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	—	—

Volatility

Volatility by Period

	DRAI	AAAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	11.76%	+3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	11.76%	+5.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	11.76%	+5.46%

DRAI vs. AAAA - Expense Ratio Comparison

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

Dividends

DRAI vs. AAAA - Dividend Comparison

DRAI's dividend yield for the trailing twelve months is around 1.70%, more than AAAA's 1.28% yield.

Position	TTM	2025	2024
AAAA Amplius Aggressive Asset Allocation ETF	1.28%	0.79%	0.00%
DRAI Draco Evolution AI ETF	1.70%	1.48%	2.18%

Frequently Asked Questions

Can I hold both DRAI and AAAA in my portfolio?

DRAI and AAAA have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRAI or AAAA?

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, DRAI or AAAA?

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

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

DRAI has the higher dividend yield at 1.70%, compared with 1.28% for AAAA.

What is the main difference between DRAI and AAAA?

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