Roundhill China Magnificent Seven ETF (DRAG)
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5 International ETFs Beating the S&P 500 in 2025
After years of underperformance, international ETFs are crushing their U.S. counterparts and having the best start to a year in a century.
Hyper-local vs. hyper-focused: Two China ETFs go on different paths
While the Rayliant Quantamental China Equity ETF dives into specific regions, the new Roundhill China Dragons ETF focuses on the country's biggest companies.
Roundhill Investments CEO on China Dragons ETF (DRAG)
Roundhill Investments CEO Dave Mazza discusses the Roundhill China Dragons ETF (DRAG) and says the idea behind it is to capture the same type of companies the Magnificent Seven represents in the US, but for the Chinese equity market. He speaks with Scarlet Fu, Katie Greifeld and Eric Balchunas on "ETF IQ.
Roundhill China Magnificent Seven ETF (DRAG) FAQ
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Roundhill China Magnificent Seven ETF Profile
| BATS Exchange | US Country |
Overview
The fund operates with a clear focus on deriving current income on a weekly basis while simultaneously offering exposure to the price return of the Russell 2000 Index, primarily aimed at capturing the growth and dynamics of small-cap markets. It employs a synthetic covered call strategy, an innovative financial approach centered around options contracts, to achieve its investment objectives. By dedicating at least 80% of its net assets, alongside any borrowed funds dedicated to investment purposes, towards financial instruments that hinge on the Russell 2000 Index as the reference asset, the fund showcases a strong inclination towards leveraging the performance of small-cap companies. Despite its concentrated exposure that classifies it as non-diversified, the fund's strategy is intricately designed to balance current income generation with the inherent volatility of small-cap investments.
Products and Services
- Synthetic Covered Call Strategy
This strategy is the cornerstone of the fund's operation, designed to generate current income on a weekly basis. It involves the use of options contracts, a type of financial derivative, as a mechanism to provide investors with income while also allowing them to participate in the price movements of the Russell 2000 Index. This dual benefit acts as a hedge against the volatility of small-cap investments, offering a streamlined path for investors seeking exposure to this segment with a mitigated level of risk.
- Exposure to the Russell 2000 Index
By ensuring that at least 80% of its net assets are invested in financial instruments that use the small-cap Russell 2000 Index as the reference asset, the fund provides a significant opportunity for investors to gain exposure to the dynamics of small-cap companies. This strategic focus not only underscores the fund's commitment to leveraging the growth potential inherent in the small-cap sector but also enhances the diversification of an investor's portfolio by including a broad spectrum of companies within the Russell 2000 Index.
