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Launched

Draco Evolution AI ETF

DRAINYSE ArcaF

$31.19−0.03 (−0.10%)

As of Nov 2, 2026, 3:59 PM ET

F23/ 100

Rank 43 of 46 in Tactical Allocation

F23/100Rank 43 of 46inTactical Allocation
Intraday session: down, 78 prints from 31.22 to 31.19. Range 31.18 to 31.43. Use the arrow keys to read each point.31.2531.3031.3531.4031.4510 AM12 PM2 PM4 PM
Expense ratio
1.32%
Fund size
$20M
1Y total return
+3.4%
Yield · Last 12 months
1.73%
Holdings
7
Avg volume · 30D
1.51K sh
52W range
low $24.13high $36.03
Launched

The ETF.net DRAI Grade

F

Score 23 out of 100

Category
Tactical Allocation⁠
Rank
43 of 46
Six-pillar profile for DRAI. Scores out of 100: Cost 14, Risk 27, Mission 24, Tradability 31, Holdings 29, Durability 24. Strongest: Tradability (31). Weakest: Cost (14). No single pillar leads.

Score 23 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.
    F14 out of 100
    Rank 39 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F24 out of 100
    Rank 24 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 40 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D31 out of 100
    Rank 37 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 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

In short

FA machine makes the allocation call: Draco's AI model shifts among US stocks, gold and bonds inside one ticker. A small, young, go-anywhere allocator carrying a 1.32% price tag and no fee waiver.

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

  • One ticker, a go-anywhere mandate: the model can move among small-, mid- and large-cap US stocks, gold and fixed income instead of sitting in a fixed 60/40 split.sec.gov
  • The AI allocation call is the product, not a label. The prospectus puts active, model-driven asset-class selection at the center of the mandate, and the fund pays quarterly.sec.gov
  • Fees are itemized in the prospectus, and part of the headline cost is the fees of the underlying funds it holds rather than the manager's own charge.sec.gov

Worth knowing

  • At 1.32% it sits above the typical fee in its tactical multi-asset category, where peers such as ENDW (0.22%) charge a fraction of that.
  • A small fund that trades lightly, so spreads can run wider than in the big allocation funds.
  • Launched in 2024 and non-diversified, so the record is short and the model is free to run concentrated.sec.gov

DRAI Holdings

Holdings pillarD29 out of 100Rank 41 of 43 in Tactical Allocation
Asset class
Other
Holdings
7
Top-10 weight
100%
Largest holding
USDU32.8%

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 States96.30%
  • Canada0.72%
  • United Kingdom0.64%
  • Netherlands0.42%
  • Ireland0.34%
  • Japan0.25%
  • France0.17%
  • Singapore0.16%
  • Other countries (17)1.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1USDUWisdomTree Bloomberg U.S. Dollar Bullish Fund32.78%244,669$6.66M5
2TLTiShares 20+ Year Treasury Bond ETF21.11%52,605$4.29M9
3IAUiShares Gold Trust13.39%37,259$2.72M5
4No dataCash & Other13.14%2,665,445$2.67M609
5No dataFirst American Government Obligations Fund 12/01/20316.74%1,372,580$1.37M477
6SPXLDirexion Daily S&P 500 Bull 3X ETF6.45%4,829$1.31M2
7TQQQProShares UltraPro QQQ6.40%20,963$1.3M3

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$10,345
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. DRAI $10,345. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+4.0%
1 month−4.5%
3 months−5.1%
1 year+3.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+4.0%
2025+33.7%
2024−7.7%

History from Jul 10, 2024

DRAI in the news

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 30, 2026.
1.73%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

$10,000 in DRAI 1 year ago paid $176 in dividends.

DRAI Risk

Risk pillarD27 out of 100Rank 40 of 46 in Tactical Allocation
How much the fund’s monthly returns vary, scaled to a year.
16.6%
Annualised · 27 months to Oct 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.
0.67
vs 3-month T-bills · 27 months to Oct 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.

FMP measures it over up to five years of monthly returns.

DRAI Cost

Compare DRAI and ENDW

Overpaying vs ENDW, cheapest in Tactical Allocation

$19,110

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DRAI 1.32%

    $23,668

  • ENDW 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • DRAI 1.32%
  • ENDW 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530DRAI $23,668ENDW $4,558

Year by year

YearDRAIENDWOverpaying
10$2,296$401$1,895
20$8,507$1,561$6,946
30$23,668$4,558$19,110

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