DRGN

About DRGN

Themes China Generative Artificial Intelligence ETF is an exchange-traded fund designed to capture the growth and innovation of China's rapidly evolving artificial intelligence sector. This passive fund aims to mirror the performance of the BITA China Generative AI Select Index, which focuses exclusively on publicly traded Chinese companies that generate substantial revenue from generative AI-related activities. These businesses span AI model training, provision of generative AI software, development of AI infrastructure and hardware, and broader AI application services. Eligible firms are listed in the US, Hong Kong, or accessed via Stock Connect, ensuring a comprehensive reach within China's AI landscape. Each component of the underlying index is weighted using a modified free-float market capitalization method and the index is rebalanced quarterly, reflecting ongoing shifts in the sector and prioritizing market relevance. With 22 holdings as of July 2025, the ETF offers focused exposure to companies at the forefront of China's AI revolution—a movement propelled by national policy and significant investments in R&D. Managed by Themes Management Company, LLC, this fund is notable for its competitive cost structure and thematic purity, appealing to participants seeking targeted access to China's generative AI ecosystem without exposure to more traditional technology or legacy internet stocks.