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About Themes ETF Trust Themes China Generative Artificial Intelligence ETF
Home page
Inception date
Jul 15, 2025
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Themes Management Co. LLC
Distributor
ALPS Distributors, Inc.
DRGN tracks an index of Chinese companies deriving revenues from activities related to Generative AI, a subset of Artificial Intelligence focused on creating new content. The fund invests in securities, including depositary receipts, traded in the US and Hong Kong, or accessible via Stock Connect. The fund considers securities whose products, services, and activities contribute to solutions within the Generative AI ecosystem across the subthemes (Infrastructure & Hardware, Model Training & Provision, Application Software, Physical Applications). Companies are scored according to its exposure to theme through an in-depth analysis of business footprint from publicly available data. The index sums the score based on revenue derived from Generative AI in proportion to the company's total revenue. The market cap-weighted index is rebalancing quarterly.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DRGN trades at 26.05 USD today, its price has fallen −1.55% in the past 24 hours. Track more dynamics on DRGN price chart.
DRGN assets under management is 525.38 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DRGN fund flows account for 499.98 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DRGN invests in stocks. See more details in our Analysis section.
DRGN expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DRGN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, DRGN doesn't pay dividends to its holders.
DRGN trades at a premium (0.52%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DRGN shares are issued by ETP Holding Co. LLC
DRGN follows the BITA China Generative AI Select Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 15, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.