Dracula is a very strange character. On one hand, his close up game is amazing. Despite not really having combos, his damage output is kinda ridiculous. His only actual physical attack comes out incredibly fast, does good damage, and pushes people back out. His close range projectile game is easily the best of all chars, and he doesn't need to burn hearts to be safe on block, since all his spells have multi-hits and stay out super long. His ability to burn half his meter to teleport behind his opponent when hit is a pretty amazing, and a lot of the more advanced combos don't work on him in the first place, since he teleports away instead of being launched.
On the other hand, his mobility is horrendous. His traps and projectiles are super nice for when people are trying to get in, but if they stay at a safe distance and poke with long range moves, none of his projectiles are fast enough to catch them. Characters like Shanoa and Aeon who have projectiles/moves that aren't stopped by fireballs/meteors have a very safe poke against him, and once they have the lead they can just run the time out. The only thing drac can really do at that point is just collect hearts for the next round.