- What does DRAI invest in?
- DRAI aims to achieve significant long-term capital appreciation by investing in a focused portfolio of 10-20 Exchange Traded Funds (ETFs). These investments span a diversified spectrum of asset classes, including U.S. stocks, precious metals like gold, and various fixed-income instruments. The fund's investment strategy is primarily driven by its proprietary AI framework, dubbed the "Draco Model." This system is composed of two integrated analytical components: A predictive AI engine, analyzing historical pricing data, informs 70% of asset selection by forecasting short-term market trends and volatility. This is complemented by a macroeconomic module, which processes data points like unemployment insurance applications and interest rate spreads to formulate longer-term market outlooks. The fund’s allocation strategy dynamically shifts with market conditions. In bearish environments, it gravitates towards U.S. Treasury bonds and inverse ETFs, whereas during bullish periods, it favors U.S. equities and leveraged instruments. Portfolio adjustments occur continuously, responding to daily market shifts. While mechanisms are in place for downside protection, the utilization of leveraged investments inherently introduces the potential for heightened volatility. Nevertheless, the sub-adviser retains discretionary power to override the AI model's directives in extreme situations.
- What is the expense ratio of DRAI?
- Draco Evolution AI ETF (DRAI) charges an expense ratio of 1.32%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DRAI?
- Draco Evolution AI ETF (DRAI) manages $20.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is DRAI actively managed or an index fund?
- DRAI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was DRAI launched?
- Draco Evolution AI ETF (DRAI) launched in July 2024 and is managed by Draco.
- How has DRAI performed?
- DRAI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
