ThemesThematicAI & Semis#161 of 189 by YTD

Themes Etf Trust - China Generative Artificial Intelligence EtfDRGN

1D 1M 3M YTD 1Y3Y5YMAX

S&P 500 Compare

$28.24−0.3%

−$0.09 · Nov 6 close

Buy

AUM: $19M
Fee: 0.39%
Yield: 1.4%

Bumpy · 1Y: 2.5×S&P
Volume: 13K
NAV: $28.79

What's insideAll 26 →

XIACY 8.2%688008.SS 6.9%9888.HK 6.2%688256.SS 6.1%

52-week range31% below the high

$26.83$40.93

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.3%	−7.2%	−23.8%	−13.4%	−17.0%	—	—	+9.5%
Peer average	+2.6%	−20.7%	−18.1%	+11.7%	+8.7%	+122.5%	+71.4%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

DRGN in One Breath

DRGN Among AI & Semis ETFs

YTD

#1FTXLFirst Trust+42.9%$925M

#2CHPSXtrackers+38.1%$111M

#3CHPXGlobal X+36.7%$99.2M

#4SOXXiShares+36.2%$39.1B

#5AISVistaShares+33.3%$830M

#6SOXQInvesco+32.7%$2.5B

#7AIVCAmplify+32.4%$108M

#8PSIInvesco+30.7%$1.8B

#48DRGNThemes−13.4%$19.0M

End-of-day Nov 8, 2026 · 52 AI & semis ETFs by YTD

$10,000 in DRGN

$10,000 in DRGN became

$10,950

In the S&P 500 (VOO)

$11,991

Total return, dividends in · Jul 15, 2025 – Nov 6, 2026 · S&P 500 uses VOO

DRGN’s Top Holdings

Today

XIACY8.2%688008.SS6.9%9888.HK6.2%688256.SS6.1%688041.SS6.1%002230.SZ5.9%3888.HK5.9%601360.SS5.6%601138.SS5.5%002236.SZ5.5%1024.HK5.1%0020.HK4.7%11 more

Software - ApplicationSemiconductorsInternet ContentComputer HardwareConsumer ElectronicsSoftware - InfrastructureOther

Themes DRGN · 23 holdings · tile size = share of the fund · as of Nov 6, 2026

What DRGN Holds

Today

Software - Application21.0%

002230.SZ 5.9 · 3888.HK 5.9 · 0020.HK 4.7 · KC 4.5 · HKD

Semiconductors16.4%

688008.SS 6.9 · 688256.SS 6.1 · 688498.SS 3.4

Internet Content & Information11.3%

9888.HK 6.2 · 1024.HK 5.1

Computer Hardware10.4%

688041.SS 6.1 · 000977.SZ 4.4

Consumer Electronics8.2%

XIACY 8.2

Software - Infrastructure5.6%

601360.SS 5.6

Communication Equipment5.5%

601138.SS 5.5

Themes DRGN · share of the fund by industry · as of Nov 6, 2026

Xiaomi’s Share of DRGN

Today

8.2%

$82 of every $1,000 in DRGN is Xiaomi

Xiaomi held by DRGN

$1.6M

Most Xiaomi per dollar

DRGN8.2%

MAGC6.6%

Themes DRGN · each square = $10 of $1,000 · as of Nov 6, 2026

DRGN’s Share of AI & Semis ETFs

Today

0.0%

of the $154B in 102 AI & semis ETFs

DRGN$19.0M0.0%

SMH$60.7B39.4%

SOXX$39.1B25.3%

99 others$54.3B35.3%

AI & semis ETF AUM · Nov 8, 2026

DRGN Fee per $100 vs Peers

Today

$0.39a year
per $100

$39 a year on $10,000

SOXX$0.33

SMH$0.35

DRGN$0.39

ARTY$0.47

DRAM$0.65

AIQ$0.68

Expense ratio · AI & semis peers · Nov 8, 2026

Inside DRGN

23 holdings · as of Nov 6, 2026

DRGN

Themes Etf Trust - China Generative Artificial Intelligence Etf

Today

Software - Application21.0%002230.SZ5.9%3888.HK5.9%0020.HK4.7%KC4.5%Semiconductors16.4%688008.SS6.9%688256.SS6.1%Internet Content11.3%9888.HK6.2%1024.HK5.1%Computer Hardware10.4%688041.SS6.1%000977.SZ4.4%Consumer Electronics8.2%XIACY8.2%Software - Infrastructure5.6%601360.SS5.6%Communication Equipment5.5%601138.SS5.5%Security5.5%002236.SZ5.5%Other13.9%300229.SZ4.1%688088.SS3.5%6682.HK3.4%TUYAFXFXXECX

Software - Application21.0%002230.SZ5.9%3888.HK5.9%0020.HK4.7%KC4.5%Semiconductors16.4%688008.SS6.9%688256.SS6.1%Internet Content11.3%9888.HK6.2%Computer Hardware10.4%688041.SS6.1%Consumer Electronics8.2%XIACY8.2%Software - Infrastructure5.6%601360.SS5.6%Communication Equipment5.5%601138.SS5.5%Security5.5%002236.SZ5.5%Other13.9%300229.SZ4.1%688088.SS3.5%6682.HK3.4%TUYA

#	Ticker	Company	Weight ▼
1	XIACY	Xiaomi	8.17%
2	688008.SS	Montage Technology	6.89%
3	9888.HK	Baidu	6.18%
4	688256.SS	Cambricon Technologies	6.15%
5	688041.SS	Hygon Information Technology	6.08%
6	002230.SZ	Iflytek	5.93%
7	3888.HK	Kingsoft	5.88%
8	601360.SS	360 Security Technology	5.60%
9	601138.SS	Foxconn Industrial Internet	5.48%
10	002236.SZ	Zhejiang Dahua Technology	5.46%

See all 26 holdings ↓

Software - ApplicationSemiconductorsInternet ContentComputer HardwareConsumer ElectronicsSoftware - InfrastructureCommunication EquipmentSecurityHardwareAsset Management - GlobalOther

Themes DRGN · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 98.1%

All DRGN Holdings

26 holdings · as of Nov 6, 2026

DRGN

DRGN’s Holdings

Today

#
1	XIACYXiaomi	Technology	8.17%	$817.37	161K	$3.1M
2	688008.SSMontage Technology	Technology	6.89%	$688.69	104K	$2.6M
3	9888.HKBaidu	Communication Services	6.18%	$617.94	232K	$2.3M
4	688256.SSCambricon Technologies	Technology	6.15%	$614.80	18K	$2.3M
5	688041.SSHygon Information Technology	Technology	6.08%	$607.89	80K	$2.3M
6	002230.SZIflytek	Technology	5.93%	$592.91	384K	$2.2M
7	3888.HKKingsoft	Technology	5.88%	$588.44	693K	$2.2M
8	601360.SS360 Security Technology	Technology	5.60%	$560.14	1.7M	$2.1M
9	601138.SSFoxconn Industrial Internet	Technology	5.48%	$548.22	307K	$2.1M
10	002236.SZZhejiang Dahua Technology	Industrials	5.46%	$546.45	931K	$2.1M
11	1024.HKKuaishou Technology	Communication Services	5.13%	$512.79	527K	$1.9M
12	0020.HKSenseTime Group	Technology	4.72%	$472.48	12.3M	$1.8M
13	KCKingsoft Cloud	Technology	4.45%	$445.36	206K	$1.7M
14	000977.SZIEIT Systems	Technology	4.37%	$436.80	195K	$1.6M
15	300229.SZTRS Information Technology	—	4.14%	$414.20	788K	$1.6M

Themes DRGN · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

DRGN

Themes Etf Trust - China Generative Artificial Intelligence Etf’s Peers

YTD

		Trend
SMH	VanEckRead Desk		0.35%	+28.8%	+29.5%	$60.7B
SOXX	iSharesRead Desk		0.33%	+36.2%	+34.5%	$39.1B
DRAM	RoundhillRead Desk	New fund	0.65%	new	new	$14.7B
AIQ	Global XRead Desk		0.68%	+11.9%	+9.3%	$9.1B
ARTY	iSharesRead Desk		0.47%	+26.7%	+23.2%	$3.3B
DRGN	ThemesThis fundRead Desk		0.39%	−13.4%	−17.0%	$19M

AI & semis peers · YTD and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put DRGN head to head with SMH →

SMH vs DRGN

YTD

SMHVanEck · AI & semisDRGNThemes · AI & semis

Year to date

+28.8%

−13.4%

SMH wins+42.2 pts

Past year

+29.5%

−17.0%

SMH wins+46.4 pts

Fee

0.35%

0.39%

SMH winslower fee

Yield

0.2%

1.4%

DRGN wins+1.2 pts

AUM

$60.7B

$19.0M

SMH3194.0× more

3–1SMH wins

VanEck SMH and Themes DRGN · year-to-date · as of Nov 9, 2026 · AUM not scored

AI & Semis vs Thematic

Average · YTD

SMH

+28.8%

DRGN

−13.4%

Thematic average

+3.5%

SMH, DRGN and the average thematic ETF · YTD return · as of Nov 9, 2026

DRGN vs VOO

YTD

DRGN · Themes Etf Trust - China Generative Artificial Intelligence

−13.4%

VOO · S&P 500

+8.7%

Gap

22.1 pts

Themes DRGN and Vanguard VOO · YTD total return · as of Nov 9, 2026

DRGN vs Its Peer Average

YTD

DRGNAvsBPeer average

1D−0.3%+2.6%

1M−7.2%−20.7%

3M−23.8%−18.1%

YTD−13.4%+11.7%

1Y−17.0%+8.7%

3Y[…]+122.5%

5Y[…]+71.4%

1–4Peer average wins

101 AI & semis peers · each row scaled to its leader

How Bumpy Is DRGN?

View

DRGN

How Bumpy

2.5×the S&P 500’s swings

CalmerBumpierS&P 1×DRGN

Calm rank among 6 AI & semis funds#3

Other AI & semis funds2.0× to 3.6×

Themes DRGN · daily swings over the past year vs the S&P 500

DRGN

Worst Drop

−34.3%from its May 13 high

Still below the high−30.9%

$10,000 at the high is now$6,910

Themes DRGN · fall from the highest close, past year

DRGN

On a Bad Day

1.5×the S&P 500’s fall

DRGN’s worst day: Tuesday, Mar 3

DRGN

−5.2%

S&P 500

−0.9%

Up days45 of every 100

S&P 500 up days52 of every 100

Themes DRGN · average move on days the S&P 500 fell

DRGN

Return for the Bumps

1Y#5 of 6 AI & semis funds

#1SOXXiShares

most for the bumps

#2SMHVanEck

#3ARTYiShares

#4AIQGlobal X

#5DRGNThemes

lost money

#6BOTZGlobal X

lost money

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

DRGN

Cost

Today

$39a year per $10,000

SOXX

$33

SMH

$35

DRGN

$39

ARTY

$47

DRAM

$65

AIQ

$68

BOTZ

$68

Expense ratio 0.39%, taken from the fund’s value

DRGN

Volatility & Beta

33.3%annual volatility

S&P 500 volatility13.6%

Downside volatility22.9%

Beta vs SPY1.24

Correlation vs SPY0.50

Lowest beta of 6 AI & semis fundsDRGN

Daily total returns × √252 · past 254 trading days

DRGN

Max Drawdown

−34.3%peak to trough

Peak closeMay 13, 2026

Current drawdown−30.9%

Worst day−5.15% · Mar 3

Closing prices, dividends in

DRGN

Up / Down Capture

150%down capture vs SPY

Down days

150%

Up days

116%

S&P 500

100%

Up ÷ down capture0.77

Up days45.3% (S&P 52.0%)

Average daily move on SPY up days and down days

DRGN

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
SOXX	0.60	0.83	49.1%	−39.5%	2.68	$33
SMH	0.55	0.75	42.6%	−33.1%	2.43	$35
ARTY	0.36	0.50	41.8%	−27.7%	2.47	$47
AIQ	0.08	0.12	30.2%	−20.2%	1.89	$68
DRGN	−0.68	−1.00	33.3%	−34.3%	1.24	$39
BOTZ	−0.81	−1.09	27.3%	−26.4%	1.68	$68

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

DRGN

Trading

Today

−1.91%below its holdings’ value

Close$28.24

NAV$28.79

Fee per $10,000$39 a year

Avg. volume 30D8K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

DRGN

Fund Facts

Today

2025launched Jul 15

Tracks[…]

Exchange · CUSIPCBOE · 882927296

StructureETF

Leverage1x

Cost on $10,000$39 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Themes DRGN · fund facts · as of Nov 9, 2026

DRGN

Payouts by Year

$0.40per share, Dec 2025

Distribution yield1.4%

Paid[…]

Latest ex-date · paidDec 18 · Dec 19, 2025

1 payouts added up$0.40 a share

Themes DRGN · distributions by ex-date · 2025–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$28.79

Premium / discount[…]

Median spread · 30D[…]

Volume today13K

Average volume · 30D8K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.39%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$39.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 18, 2025	Dec 19, 2025	$0.40

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