DRGN vs. ARTY
DRGN (Themes China Generative Artificial Intelligence ETF) and ARTY (iShares Future AI & Tech ETF) are both Artificial Intelligence funds - DRGN tracks the BITA China Generative AI Select Index while ARTY tracks the Morningstar Global Artificial Intelligence Select Index (Net). Both are passively managed. Over the past year, DRGN returned 37.74% vs 69.89% for ARTY. Their 0.49 correlation means their historical movements had little consistent relationship. DRGN charges 0.39%/yr vs 0.47%/yr for ARTY.
Performance
DRGN vs. ARTY - Performance Comparison
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Returns By Period
In the year-to-date period, DRGN achieves a 13.71% return, which is significantly lower than ARTY's 52.08% return.
DRGN
- 1D
- 4.60%
- 1M
- 4.46%
- 6M
- 5.58%
- YTD
- 13.71%
- 1Y
- 37.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 41.66%
ARTY
- 1D
- 6.27%
- 1M
- 3.01%
- 6M
- 43.28%
- YTD
- 52.08%
- 1Y
- 69.89%
- 3Y*
- 31.00%
- 5Y*
- 11.66%
- 10Y*
- —
- ALL TIME*
- 15.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $36.81M | $37.05M | $58.80M | |
| $473.92K | $435.90K | $560.91K |
DRGN vs. ARTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DRGN Themes China Generative Artificial Intelligence ETF | 13.71% | 26.96% |
ARTY iShares Future AI & Tech ETF | 52.08% | 16.72% |
Correlation
The correlation between DRGN and ARTY is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.49 |
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Return for Risk
DRGN vs. ARTY — Risk / Return Rank
DRGN
ARTY
DRGN vs. ARTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes China Generative Artificial Intelligence ETF (DRGN) and iShares Future AI & Tech ETF (ARTY). 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.
| DRGN | ARTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.30 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 2.93 | -1.11 |
| Martin ratioReturn relative to average drawdown | 3.61 | 9.37 | -5.76 |
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Drawdowns
DRGN vs. ARTY - Drawdown Comparison
The maximum DRGN drawdown since its inception was -20.86%, smaller than the maximum ARTY drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for DRGN and ARTY.
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Drawdown Indicators
| DRGN | ARTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.86% | -54.50% | +33.64% |
Max Drawdown (1Y)Largest decline over 1 year | -20.86% | -24.00% | +3.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -32.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.53% | — |
Current DrawdownCurrent decline from peak | -9.32% | -9.26% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -8.41% | -19.67% | +11.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.47% | 7.48% | +2.99% |
Volatility
DRGN vs. ARTY - Volatility Comparison
The current volatility for Themes China Generative Artificial Intelligence ETF (DRGN) is 12.67%, while iShares Future AI & Tech ETF (ARTY) has a volatility of 15.60%. This indicates that DRGN experiences smaller price fluctuations and is considered to be less risky than ARTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRGN | ARTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 15.60% | -2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 26.15% | 33.60% | -7.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.79% | 37.83% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.16% | 30.46% | +5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.16% | 28.73% | +7.43% |
DRGN vs. ARTY - Expense Ratio Comparison
DRGN has a 0.39% expense ratio, which is lower than ARTY's 0.47% expense ratio.
Dividends
DRGN vs. ARTY - Dividend Comparison
DRGN's dividend yield for the trailing twelve months is around 1.07%, more than ARTY's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ARTY iShares Future AI & Tech ETF | 0.06% | 0.00% | 0.50% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% |
DRGN Themes China Generative Artificial Intelligence ETF | 1.07% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DRGN and ARTY have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARTY has higher volatility (15.60%) compared to DRGN (12.67%). In terms of maximum drawdown, DRGN dropped -20.86% vs ARTY's -54.50%.
On 1-year performance, ARTY leads with 69.89% vs 37.74% for DRGN. On fees, DRGN is cheaper at 0.39% per year. On volatility, DRGN has been the lower-risk option at 12.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ARTY has performed better with a 69.89% return vs 37.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DRGN is cheaper with a 0.39% expense ratio, compared with 0.47% for ARTY.
DRGN has the higher dividend yield at 1.07%, compared with 0.06% for ARTY.
DRGN tracks BITA China Generative AI Select Index, while ARTY tracks Morningstar Global Artificial Intelligence Select Index (Net). They also come from different issuers: Themes and iShares. Their fees differ too: 0.39% for DRGN and 0.47% for ARTY.
ARTY currently has the higher Sharpe Ratio (1.86 vs 1.03), 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.
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