Invest in China’s leading companies with the Roundhill China Dragons ETF (DRAG). Focused exposure to the China Dragons, tech leaders driving innovation within the Chinese economy.
(as of 10/03/2024)
The Roundhill China Dragons ETF (“DRAG”) seeks to offer equal weight exposure to a concentrated basket of five to ten of the largest and most innovative Chinese companies (the “China Dragons”). DRAG currently includes nine China Dragons – Tencent, PDD Holdings, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and NetEase. DRAG is the first-ever ETF to provide precise exposure to China’s tech leaders.
Precise - DRAG offers targeted exposure to the largest and most innovative Chinese tech stocks, eliminating potential risk associated with Chinese small caps.
Efficient - Designed with both investors and traders in mind, DRAG seeks to offer similar tax efficiency to a traditionally managed ETF.
Simple - DRAG provides U.S. investors with access to a concentrated basket of five to ten of the largest and most innovative Chinese companies in a single ticker.
| Ticker | DRAG |
|---|---|
| Primary Exchange | Cboe BZX |
| Expense Ratio | 0.59% |
| AUM | $0.3MM |
| Launch | 10/03/24 |
| ETF Options | No |
|---|---|
| CUSIP | 77926X874 |
| ISIN | US77926X8746 |
| Shares Outstanding | 10,000 |
| Management Style | Active |
As of TBD
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Weight calculation combines stock position with position held via total return swaps.
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
As of TBD
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The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the Primary Exchange official closing price. Brokerage commissions will reduce returns.
As of 10/03/24
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| Distribution Frequency | Annual |
*30-Day SEC Yield: Yield calculation that reflects the dividends and interest earned during the period after the deduction of the fund’s expenses. It is also referred to as the "standardized yield".
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When did the Roundhill China Dragons ETF (CBOE: DRAG) launch?
DRAG began trading on October 3, 2024.
What are the fees for the Roundhill China Dragons ETF?
The Fund’s gross expense ratio is 0.59% per year.
Can I trade options on the Roundhill China Dragons ETF?
No, options trading is not yet available for DRAG.
Is the Roundhill China Dragons ETF actively managed?
Yes. However, the Fund’s turnover is generally expected to be limited to quarterly rebalancing.
Why does the Roundhill China Dragons ETF invest in total return swaps?
The Fund utilizes total return swaps in order to maintain compliance with RIC diversification tests. The Fund intends to qualify as a Regulated Investment Company for tax purposes.
What are the China Dragon stocks?
Driven by one of the largest and most populated economies in the world, we believe select Chinese mega-cap tech companies have competitive advantages through the economies of scale, solid fundamental footing, and extraordinary growth relative to their peers. As of October 2024, Roundhill has identified nine of the largest and most innovative Chinese companies which we have dubbed the “China Dragons”, companies who represent their clear leadership as technological innovators within the Chinese economy.
(as of 10/03/2024)
as of TBD