Draco Evolution AI ETF (DRAI)

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund listed on NYSE Arca. Based on its name, the fund invests with an artificial intelligence focus, either by targeting companies involved in developing and applying AI technologies or by using AI-driven methods in its investment process.

The fund is offered by Draco, a smaller ETF sponsor, and is best understood as a thematic equity product. Details of its holdings and selection approach are set out in the fund's prospectus.