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.
Related funds
Classification
What's in the fund
Exposure type
Retail Trade
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DRAG trades at 28.17 USD today, its price has fallen −0.52% in the past 24 hours. Track more dynamics on DRAG price chart.
DRAG net asset value is 28.17 today — it's risen 8.97% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DRAG assets under management is 28.87 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DRAG price has risen by 9.01% over the last month, and its yearly performance shows a 12.72% increase. See more dynamics on DRAG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.97% over the last month, showed a 13.46% increase in three-month performance and has increased by 32.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.97% over the last month, showed a 13.46% increase in three-month performance and has increased by 32.18% in a year.
DRAG fund flows account for 32.93 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DRAG invests in bonds. See more details in our Analysis section.
DRAG expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DRAG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DRAG technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DRAG shows the strong buy signal. See more of DRAG technicals for a more comprehensive analysis.
Today, DRAG technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DRAG shows the strong buy signal. See more of DRAG technicals for a more comprehensive analysis.
Yes, DRAG pays dividends to its holders with the dividend yield of 0.77%.
DRAG trades at a premium (0.00%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DRAG shares are issued by Roundhill Financial, Inc.
DRAG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 3, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.