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Launched

Draco Evolution AI ETF

DRAINYSE ArcaF

$32.65−0.02 (−0.07%)

As of Oct 13, 2026, 3:59 PM

F24/ 100

Rank 44 of 46 in Tactical Allocation

F24/100Rank 44 of 46inTactical Allocation
Intraday session: down, 74 prints from 32.67 to 32.65. Range 32.59 to 32.70. Use the arrow keys to read each point.32.6032.6232.7010 AM12 PM2 PM4 PM
Expense ratio
1.32%
Fund size
$21M
1Y total return
+15.4%
Yield · Last 12 months
1.66%
Holdings
7
Avg volume · 30D
0M sh
NAV per share
$32.67
52W range
low $27.45high $36.03
Launched

The ETF.net DRAI Grade

F

Score 24 out of 100

Category
Tactical Allocation⁠
Rank
44 of 46
Six-pillar profile for DRAI. Scores out of 100: Cost 17, Risk 40, Mission 25, Tradability 19, Holdings 31, Durability 24. Strongest: Risk (40). Weakest: Cost (17). Leans toward Risk.

Score 24 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F17 out of 100
    Rank 38 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D25 out of 100
    Rank 24 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 31 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 43 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D31 out of 100
    Rank 41 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F24 out of 100
    Rank 41 of 46

Our read on DRAI

ETF.net Research

FThe AI isn't the theme here, it's the portfolio manager. DRAI hands asset-class allocation to a model instead of a fixed stock/bond glide path: active, go-anywhere, and priced like it.

Stated mandate

The Fund seeks long-term capital appreciation through active, AI-driven allocation among asset classes selected for their perceived risk/return opportunities.

Why people hold it

  1. 01The mandate is literal, not marketing: active, AI-driven allocation among asset classes selected for their perceived risk/return opportunities.
  2. 02One ticker, many asset classes. No fixed stock/bond split locks it in place, so the mix can shift as the model's read changes.
  3. 03Pays on a quarterly cadence, in a plain '40 Act wrapper with no structural quirks flagged in review.

Worth knowing

  1. 01At 1.34% a year, the fee sits near the top of the allocation shelf. Index-built peers such as AOA and NTSX run at a small fraction of that.
  2. 02Small asset base and thin trading, so spreads can widen and fills get choppier than in the big core allocation funds.
  3. 03Launched in 2024, so the model has a short public record. On cost, tradability and portfolio build it lands in the lower tier of its allocation peer group.

DRAI Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
7
Top-10 weight
100%
Largest holding
USDU32.6%

Sectors

  • Technology52.1%
  • Communication11.6%
  • Consumer Discretionary9.5%
  • Industrials6.1%
  • Health Care6.0%
  • Consumer Staples5.2%
  • Financials4.6%
  • Energy1.6%
  • Utilities1.4%
  • Materials1.2%
  • Real Estate0.7%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001USDUWisdomTree Bloomberg U.S. Dollar Bullish Fund32.57%254,985$7M5
002TLTiShares 20+ Year Treasury Bond ETF21.10%57,582$4M7
003—First American Government Obligations Fund 12/01/203119.83%4,223,908$4M529
004IAUiShares Gold Trust13.44%36,210$3M5
005SPXLDirexion Daily S&P 500 Bull 3X ETF6.49%4,621$1M2
006TQQQProShares UltraPro QQQ6.49%16,953$1M3
007—Cash & Other0.09%23,412$20K672

Showing 1–7 of 7 holdings

DRAI Performance

Launched Jul 9, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
DRAI$11,539
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. DRAI $11,539. SPY $12,044. Use the arrow keys to read each point.$9,537$11,196$12,856Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DRAI. Periods over one year show the average yearly return.
PeriodDRAI
Year to date+8.8%
1 month−0.5%
3 months−3.0%
1 year+15.4%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DRAI
YearReturn barDRAI
2026 YTD+8.8%
2025+33.7%
2024−7.7%

History from Jul 10, 2024

DRAI in the news

Filtered to DRAI · Tactical Allocation

DRAI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
1.66%Last 12 months
Payout per share
$0.54Last 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 8 payments from 2024 to 2026 YTD. Sep 27, 2024 $0.04; Dec 30, 2024 $0.46; Jun 27, 2025 $0.03; Sep 29, 2025 $0.15; Dec 23, 2025 $0.27; Mar 30, 2026 $0.02; Jun 29, 2026 $0.14; Sep 28, 2026 $0.12. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.12
Jun 29, 2026Jun 30, 2026$0.14
Mar 30, 2026Mar 31, 2026$0.02
Dec 23, 2025Dec 24, 2025$0.27
Sep 29, 2025Sep 30, 2025$0.15
Jun 27, 2025Jun 30, 2025$0.03
Dec 30, 2024Dec 31, 2024$0.46
Sep 27, 2024Sep 30, 2024$0.04

DRAI Risk

How much the fund’s monthly returns vary, scaled to a year.
16.4%
Annualised · 26 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.84
vs 3-month T-bills · 26 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−13.7%
27 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DRAI Cost

Expense ratio1.32%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

37 of the 46 Tactical Allocation funds charge less.

DRAI costs $132.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.

Other funds in Tactical Allocation

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