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Benzinga

Business

Chandrima Sanyal

This New Themes ETF Lets You Bet On China's ChatGPT Rivals

ETF China United States Artificial Intelligence Nasdaq Nvidia

Chinese,Flag,On,Pole,Waving,In,The,Wind,Against,Blue

American investors now have a new means of accessing China’s rapidly evolving artificial intelligence environment, without needing to use a VPN or a Chinese tutor. Themes ETFs launched the Themes China Generative AI ETF (BATS:DRGN) on Wednesday, the first U.S.-listed ETF exclusively investing in Chinese firms driving the generative AI revolution. The fund opened for trading on July 15, launching with an expense ratio of 0.39%, among the lowest in the AI ETF universe.

Forget the typical U.S.-focused spin on Nvidia (NASDAQ:NVDA) or Microsoft (NASDAQ:MSFT). DRGN cracks open a door to a high-growth but frequently undercovered segment of the AI universe: China’s homegrown talent.

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