Key stats
About Roundhill China Dragons ETF
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Inception date
Oct 3, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Roundhill Financial, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US77926X8746
DRAG focuses on Chinas economic drivers by investing in the countrys most prominent and innovative companies, known as China Dragons. Using a proprietary methodology, the adviser selects from an initial universe of the 100 largest Chinese firms, narrowed down based on market size, liquidity, and technological innovation. Holdings will comprise five to ten companies, equally weighted and rebalanced quarterly. The fund primarily gains exposure through ADRs or derivatives such as swap agreements and forward contracts on ADRs. Some ADRs may involve Variable Interest Entities, which offer indirect access to Chinese firms but come with specific regulatory risks. For compliance purposes, derivatives are valued at their notional amounts. Investments may also include US government securities or money market funds as collateral. The fund is concentrated in sectors like consumer discretionary, communication services, and information technology.
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
Retail Trade
Government
Stocks34.56%
Retail Trade13.86%
Technology Services5.74%
Transportation5.35%
Producer Manufacturing4.82%
Electronic Technology3.49%
Bonds, Cash & Other65.44%
Government64.42%
Mutual fund4.95%
Cash−3.94%
Stock breakdown by region
North America65.08%
Asia27.43%
Europe7.48%
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
DRAG top holdings are United States Treasury Bills 0.0% 04-SEP-2025 and PDD Holdings Inc. Sponsored ADR Class A, occupying 64.42% and 7.41% of the portfolio correspondingly.
DRAG assets under management is 27.92 M USD. It's fallen 8.88% over the last month.
DRAG fund flows account for 34.85 M 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.
Yes, DRAG pays dividends to its holders with the dividend yield of 0.84%. The last dividend (Dec 31, 2024) amounted to 0.22 USD. The dividends are paid annually.
DRAG shares are issued by Roundhill Financial, Inc. under the brand Roundhill. The ETF was launched on Oct 3, 2024, and its management style is Active.
DRAG expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
DRAG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRAG invests in bonds.
DRAG price has risen by 2.88% over the last month, and its yearly performance shows a 3.79% increase. See more dynamics on DRAG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.83% over the last month, have fallen by −0.83% over the last month, showed a 5.57% increase in three-month performance and has increased by 21.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.83% over the last month, have fallen by −0.83% over the last month, showed a 5.57% increase in three-month performance and has increased by 21.61% in a year.
DRAG trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.