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Fund size
$48.1M
NOV 2026
Total cost ratio
0.45%
per year
Distributions
Annually
Since inception
1.5 yrs
MAY 2025
The investment objective of the Fund is to provide investors with a return that (before fees and expenses) tracks the performance of the Global X China Tech 20 Index
US equity 0.00%Non-US equity 99.96%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.96 | 99.96 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.04 | 0.04 | — |
| Other | 0.00 | 0.00 | — |
Cyclical 18.94%Sensitive 81.06%Defensive 0.00%
Developed markets 0.00%Emerging markets 100.00%
Size score
307
Value-growth score
268
Economic moat
None 50%Wide 34%Narrow 15%
Giant 46%Large 51%Mid 3%
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Xiaomi Corp Class B 01810 | 11.16 | MAY 2025 | 7.1M | HKD | 1.5M | Technology | China | |
| East Money Information Co Ltd Class A 300059 | 10.75 | JUN 2026 | 6.9M | CNY | 1.8M | Financial Services | China | |
| Tencent Holdings Ltd 00700 | 9.88 | MAY 2025 | 6.3M | HKD | 90,651 | Communication Services | China | |
| GigaDevice Semiconductor Inc Class A 603986 | 7.71 | SEP 2026 | 4.9M | CNY | 89,200 | Technology | China | |
| Zhongji Innolight Co Ltd Class A 300308 | 7.63 | JUN 2025 | 4.9M | CNY | 41,200 | Technology | China | |
| Shengyi Technology Co Ltd Class A 600183 | 7.08 | SEP 2026 | 4.5M | CNY | 243,000 | Technology | China | |
| Advanced Micro-fabrication Equipment Inc Class A 688012 | 6.91 | SEP 2026 | 4.4M | CNY | 96,456 | Technology | China | |
| Hithink RoyalFlush Information Network Co Ltd Class A 300033 | 6.43 | JUN 2025 | 4.1M | CNY | 100,520 | Financial Services | China | |
| Eoptolink Technology Inc Ltd Class A 300502 | 5.82 | SEP 2025 | 3.7M | CNY | 88,680 | Technology | China | |
| Suzhou Dongshan Precision Manufacturing Co Ltd Class A 002384 | 5.22 | SEP 2026 | 3.3M | CNY | 181,000 | Technology | China |
Fund (NAV) Market price
1M
-24.8
3M
-31.3
6M
-32.6
YTD
-30.6
1Y
-31.1
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -24.79 | -22.47 | -24.76 | — |
| 3 months | -31.27 | -29.42 | -31.19 | — |
| 6 months | -32.61 | -30.92 | -32.46 | — |
| Year to date | -30.65 | -28.92 | -30.39 | — |
| 1 year | -31.08 | -29.93 | -30.77 | — |
Returns to 31 OCT 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
FY26
43.1
| Financial year | Total % |
|---|---|
| Financial year to date | -42.39 |
| Year to 30 JUN 2026 | 43.14 |
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -43.18 | — | — | — |
| Beta | 1.51 | — | — | — |
| R-squared | 46.25 | — | — | — |
| Standard deviation | 37.24 | — | — | — |
| Sharpe ratio | -1.14 | — | — | — |
| Sortino ratio | -1.15 | — | — | — |
| Tracking error | 28.05 | — | — | — |
| Information ratio | -1.50 | — | — | — |
| Upside capture % | 23.71 | — | — | — |
| Downside capture % | 254.37 | — | — | — |
| Maximum drawdown % | -22.46 | — | — | — |
Measured against MSCI Golden Dragon NR USD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 31 OCT 2026. Maximum drawdown is on gross returns at the latest quarter end.
Risk score
133.6
Morningstar Portfolio Risk Score at 30 SEP 2026.
| Ex Date | Per unit ($) |
|---|---|
| 2 JUL 2026 | 0.7118 |
Above Average
ESG risk score
24.10
0.00% of assets are in companies with high or severe controversies.
Carbon risk score
8.48
Category average 9.35
Announcements
| DATE | TIME | HEADING | PAGES |
| Price sensitive |
This ETF has only been listed since May, driven by market conditions and demand as they usually are. Its investment objective is to provide returns that track the Global X China Tech 20 Index – a benchmark comprised of 20 leading Chinese/Hong Kong technology companies i.e. a Chinese-focused tech/AI ETF.
This ASX listed ETF has only been listed since May, driven by market conditions and demand as they usually are. DRGN gives investors exposure to ~20 leading Chinese technology companies listed in both Mainland China (A-shares) and Hong Kong (H-shares) across ~15 innovation-/technology-linked sectors. Liquidity is still modest, but with a cost of 0.45% this ETF provides good exposure to a basket of stocks that many retail investors find challenging at a very reasonable fee.
MM remains bullish towards global tech into Christmas
MM is bullish on the DRGN ETF medium term
MM is bullish towards the DRGN ETF
MM is bullish on the DRGN ETF medium term
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