AI Investing App Dravo Launches from Hedge Fund Veteran Behind ETF That Beat the S&P 500 in 2025

Following ETF outperformance, Draco Evolution’s Series A funding accelerates launch of Dravo app bringing ETF-Proven AI to everyday investors

SAN FRANCISCO--(BUSINESS WIRE)--Draco Evolution, the investment firm behind the NYSE-listed Draco AI ETF (NYSE: DRAI), posting full-year 2025 returns of 33.67% (at market) and 33.62% (at NAV), compared to 17.88% for the S&P 500 Total Return index, is fast-tracking Dravo—its new retail investing app now in beta—with expanded testing underway ahead of broader release. As of 12/31/2025, the funds since inception (07/09/2024) returns were 16.66% (at market) and 16.56% (at NAV).

Founded by hedge fund veteran Jack Fu, Dravo brings AI strategies directly to everyday investors.

Dravo transforms complex technical indicators and massive macroeconomic data sets into clear, actionable investment choices, which makes sophisticated investing simple and accessible, while teaching users as it trades. “That’s exactly what Dravo is designed to do — provide a sophisticated investing tool for everyday investors,” said Jack Fu, CEO of Draco Evolution. “It’s about sovereignty in investing: finally putting individuals on equal footing with institutions.”

Fu has spent two decades building institutional-grade quantitative strategies and managing multi-billion-dollar portfolios across Asia. At All Sun Group, he led investment strategy as Pacific Rim managing director. He later founded Draco Capital Partners to deliver proprietary models for institutions, family offices and high-net-worth clients.

To accelerate the launch of Dravo, Draco Evolution recently secured $8 million in strategic Series A funding from a group of angel investors. The financing builds on the proven success of the DRAI ETF, with 2025 returns of 33.67% (at market) and 33.62% (at NAV), versus 17.88% for the S&P 500 Total Return index, and will be used to expand the Dravo app’s AI capabilities, scale beta testing and grow access for individual investors.

“Serious individual investors are looking beyond meme stocks and YOLO trades and are searching for powerful tools to support sustainable long-term investing strategies in a new AI era,” added Fu. “Through the DRAI ETF, we are making proven, battle-tested AI technology accessible to long-term investors. For investors looking for deeper integration, Dravo allows them to link their existing brokerage accounts directly to AI-powered models that adapt to market conditions."

The Dravo app is now available on the iOS App Store. Download it here.

About Draco Evolution

Draco Evolution is the investment firm behind the NYSE-listed Draco AI ETF (NYSE: DRAI), which has outperformed the S&P 500 over the last twelve months. Founded by hedge fund veteran Jack Fu, Draco Evolution applies institutional-grade quantitative strategies to empower individual investors.

The company is also the creator of Dravo, its retail investing app that extends the same ETF-proven AI directly to Main Street. By combining real-time portfolio rebalancing across 1,000+ signals with coaching and transparency, Dravo is designed to give everyday investors structural advantages once reserved for hedge funds.

Important Information

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent Standardized Performance and month-end performance, please call [phone] or visit the Fund’s website at https://draietf.com/etf/.

Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a Prospectus or Summary Prospectus with this and other information about the Fund, please call [phone] or visit our website at draietf.com. Read the prospectus or summary prospectus carefully before investing.

Investments involve risk. Principal loss is possible. Redemptions are limited and often commissions are charged on each trade. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value.

Bond Risk. The Fund is subject to the same risks as the underlying bonds in the portfolio such as credit, prepayment, call and interest rate risk. As interest rates rise the value of bond prices will decline. Foreign and International Risk. The Fund invests in foreign and emerging market securities which involves certain risks such as currency volatility, political and social instability and reduced market liquidity. High Yield Bond Risk. High-yield bonds have a higher risk of default or other adverse credit events but have the potential to pay higher earnings over investment grade bonds. The higher risk of default, or the inability of the creditor to repay its debt, is the primary reason for the higher interest rates on high-yield bonds. Examples of other adverse credit events are interest rate risk (when interest rates rise, bond prices fall) and economic risk (the risk associated with downturns in the economy). Currency Risk. Currency Risk is the risk that the values of foreign investments may be affected by changes in the currency rates or exchange control regulations. Mortgage-Related and Other Asset-Backed Securities Risk. Investments in mortgage-related and other asset-backed securities are subject to certain additional risks, including extension risk and prepayment risk. The value of these securities may be particularly sensitive to changes in interest rates. Some mortgage-backed securities are to be announced (TBA) securities, which have additional risks. ETF Risk. The Fund invests in ETFs (Exchange-Traded Funds) and is therefore subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly. Non-Diversification Risk. The Fund is non-diversified which means it may be invested in a limited number of issuers and susceptible to any economic, political and regulatory events than a more diversified fund. Gold Investment Risk. The Fund may have exposure to gold through its investments in other ETFs, so the Fund’s portfolio may be adversely affected by changes or trends in the price of gold. The price of gold and gold related instruments historically has been volatile.

The Fund is distributed by PINE Distributors LLC. The Fund’s investment adviser is Empowered Funds, LLC, which is doing business as ETF Architect. Draco Evolution Corp. serves as the Sub-adviser to the Fund. PINE Distributors LLC is not affiliated with ETF Architect or Draco Evolution Corp. Learn more about PINE Distributors LLC at FINRA’s BrokerCheck.

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