DRGN vs VOO
Themes China Generative Artificial Intelligence ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. DRGN delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | DRGN | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $27M | $997.4B | |
| Dividend Yield | 1.12% | 1.08% | |
| Holdings | 27 | 509 | |
| YTD Return | +6.15% | +12.95% | |
| 1Y Return | +20.77% | +20.69% | |
| 3Y Return (annualized) | - | +22.09% | |
| 5Y Return (annualized) | - | +13.40% | |
| Volatility (annualized) | 36.9% | 14.1% | |
| Max Drawdown | -20.9% | -34.3% | |
| Fund Family | Themes ETFs | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 15, 2025 | Sep 7, 2010 |
DRGN vs VOO Performance
Themes China Generative Artificial Intelligence ETF (DRGN) is a ETF from Themes ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DRGN returned +20.77% while VOO returned +20.69%. Year to date, DRGN is up 6.15% versus a gain of 12.95% for VOO.
Risk: Volatility and Drawdowns
DRGN has been the more volatile fund, with annualized monthly volatility of 36.9% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.9% for DRGN and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DRGN charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, DRGN currently yields 1.12% against 1.08% for VOO.
Holdings Overlap
DRGN and VOO share 0 holdings out of 529 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DRGN or VOO?
DRGN has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, DRGN or VOO?
Over the past year DRGN returned +20.77% vs +20.69% for VOO, so DRGN leads on 1-year performance. Over the longest common window we track (1 years), DRGN annualized +34.81% vs +13.50% for VOO. Past performance does not guarantee future results.
Which is riskier, DRGN or VOO?
DRGN has been the more volatile fund at 36.9% annualized versus 14.1% for VOO. Worst drawdown: DRGN -20.9% vs VOO -34.3%.
Should I hold both DRGN and VOO?
DRGN and VOO have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRGN and VOO?
DRGN and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 529 unique securities.
Which pays a higher dividend, DRGN or VOO?
DRGN yields 1.12% while VOO yields 1.08%, so DRGN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.