DRAI vs. EAOA

Last updated Jun 3, 2026

DRAI (Draco Evolution AI ETF) and EAOA (iShares ESG Aware Aggressive Allocation ETF) are both Diversified Portfolio funds. DRAI is actively managed, while EAOA is passively managed. Over the past year, DRAI returned 44.87% vs 24.37% for EAOA. Their correlation of 0.83 suggests significant overlap in exposure. DRAI charges 1.50%/yr vs 0.18%/yr for EAOA.

Performance

DRAI vs. EAOA - Performance Comparison

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

Returns By Period

In the year-to-date period, DRAI achieves a 19.10% return, which is significantly higher than EAOA's 9.93% return.

DRAI

• 1D: 0.70%
• 1M: 7.42%
• YTD: 19.10%
• 6M: 17.83%
• 1Y: 44.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EAOA

• 1D: -0.71%
• 1M: 4.36%
• YTD: 9.93%
• 6M: 10.44%
• 1Y: 24.37%
• 3Y*: 17.20%
• 5Y*: 8.52%
• 10Y*: —

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

DRAI vs. EAOA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DRAI Draco Evolution AI ETF	19.10%	33.68%	-7.70%
EAOA iShares ESG Aware Aggressive Allocation ETF	9.93%	18.41%	2.23%

Correlation

The correlation between DRAI and EAOA is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	0.83

The correlation between DRAI and EAOA has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

DRAI vs. EAOA - Sectors Allocation Comparison

Sectors	DRAI	EAOA
Technology	45.2%	28.9%
Communication Services	10.9%	7.3%
Consumer Cyclical	10.1%	7.7%
Financial Services	7.9%	13.5%
Healthcare	7.0%	6.8%
Industrials	6.6%	9.0%
Consumer Defensive	5.3%	3.7%
Energy	2.4%	3.0%
Utilities	1.8%	2.3%
Basic Materials	1.7%	2.4%
Real Estate	1.3%	1.6%

Return for Risk

DRAI vs. EAOA — Risk / Return Rank

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

DRAI

DRAI Risk / Return Rank: 89
DRAI Sharpe Ratio Rank: 90
DRAI Sortino Ratio Rank: 89
DRAI Omega Ratio Rank: 90
DRAI Calmar Ratio Rank: 92
DRAI Martin Ratio Rank: 84

EAOA

EAOA Risk / Return Rank: 68
EAOA Sharpe Ratio Rank: 69
EAOA Sortino Ratio Rank: 70
EAOA Omega Ratio Rank: 68
EAOA Calmar Ratio Rank: 60
EAOA Martin Ratio Rank: 71

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. EAOA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Draco Evolution AI ETF (DRAI) and iShares ESG Aware Aggressive Allocation ETF (EAOA). 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.

	DRAI	EAOA	Difference
Sharpe ratio Return per unit of total volatility	3.14	2.28	+0.86
Sortino ratio Return per unit of downside risk	4.14	3.21	+0.93
Omega ratio Gain probability vs. loss probability	1.58	1.41	+0.17
Calmar ratio Return relative to maximum drawdown	6.33	3.00	+3.34
Martin ratio Return relative to average drawdown	17.64	13.30	+4.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRAI vs. EAOA - Sharpe Ratio Comparison

The current DRAI Sharpe Ratio is 3.14, which is higher than the EAOA Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of DRAI and EAOA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DRAI	EAOA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.14	2.28	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.93	+0.43

Drawdowns

DRAI vs. EAOA - Drawdown Comparison

The maximum DRAI drawdown since its inception was -13.69%, smaller than the maximum EAOA drawdown of -25.06%. Use the drawdown chart below to compare losses from any high point for DRAI and EAOA.

Drawdown Indicators

	DRAI	EAOA	Difference
Max Drawdown Largest peak-to-trough decline	-13.69%	-25.06%	+11.37%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	-8.17%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.06%	—
Current Drawdown Current decline from peak	0.00%	-0.71%	+0.71%
Average Drawdown Average peak-to-trough decline	-4.09%	-5.31%	+1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	1.84%	+0.75%

Volatility

DRAI vs. EAOA - Volatility Comparison

Draco Evolution AI ETF (DRAI) has a higher volatility of 5.26% compared to iShares ESG Aware Aggressive Allocation ETF (EAOA) at 3.39%. This indicates that DRAI's price experiences larger fluctuations and is considered to be riskier than EAOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRAI	EAOA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.26%	3.39%	+1.87%
Volatility (6M) Calculated over the trailing 6-month period	9.86%	8.64%	+1.22%
Volatility (1Y) Calculated over the trailing 1-year period	14.36%	10.75%	+3.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	13.25%	+3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.77%	13.14%	+3.63%

DRAI vs. EAOA - Expense Ratio Comparison

DRAI has a 1.50% expense ratio, which is higher than EAOA's 0.18% expense ratio.

Dividends

DRAI vs. EAOA - Dividend Comparison

DRAI's dividend yield for the trailing twelve months is around 1.29%, less than EAOA's 1.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DRAI Draco Evolution AI ETF	1.29%	1.48%	2.18%	0.00%	0.00%	0.00%	0.00%
EAOA iShares ESG Aware Aggressive Allocation ETF	1.95%	2.10%	2.09%	2.21%	1.93%	1.48%	1.12%

Frequently Asked Questions

Can I hold both DRAI and EAOA in my portfolio?

DRAI and EAOA have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRAI or EAOA?

DRAI has higher volatility (5.26%) compared to EAOA (3.39%). In terms of maximum drawdown, DRAI dropped -13.69% vs EAOA's -25.06%.

Which ETF is better, DRAI or EAOA?

On 1-year performance, DRAI leads with 44.87% vs 24.37% for EAOA. On fees, EAOA is cheaper at 0.18% per year. On volatility, EAOA has been the lower-risk option at 3.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRAI or EAOA?

Over the 1-year period, DRAI has performed better with a 44.87% return vs 24.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRAI or EAOA?

EAOA is cheaper with a 0.18% expense ratio, compared with 1.50% for DRAI.

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

EAOA has the higher dividend yield at 1.95%, compared with 1.29% for DRAI.

What is the main difference between DRAI and EAOA?

They also come from different issuers: Draco Evolution and iShares. Their fees differ too: 1.50% for DRAI and 0.18% for EAOA.

Which has better risk-adjusted returns?

DRAI currently has the higher Sharpe Ratio (3.14 vs 2.28), 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.