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About Themes ETF Trust Themes China Generative Artificial Intelligence ETF
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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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.87%
Technology Services49.98%
Electronic Technology42.50%
Commercial Services7.33%
Bonds, Cash & Other0.13%
Mutual fund0.19%
Cash−0.06%
Stock breakdown by region
Asia99.76%
Europe0.24%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRGN invests in stocks. The fund's major sectors are Technology Services, with 50.01% stocks, and Electronic Technology, with 42.53% of the basket. The assets are mostly located in the Asia region.
DRGN top holdings are Kuaishou Technology Class B and Xiaomi Corporation Class B, occupying 7.33% and 6.63% of the portfolio correspondingly.
DRGN assets under management is 525.38 K USD. It's risen 5.08% over the last month.
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.
No, DRGN doesn't pay dividends to its holders.
DRGN shares are issued by ETP Holding Co. LLC under the brand Themes. The ETF was launched on Jul 15, 2025, and its management style is Passive.
DRGN expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
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.
DRGN invests in stocks.
DRGN trades at a premium (0.52%) meaning the ETF is trading at a higher price than the calculated NAV.