Ok. You didn't mention that you had a profile set. So not to go on again. But you're comparing a JPEG shot with a profile baked in and custom colour set. You are exposing your image with a preset already enabled and this is what you're seeing. It's skewing your settings and preview in the app.
You cannot judge a correct exposure etc using any of the inbuilt colour profiles. They are for videos and JPEGS. Remove them. And shoot again.
Shoot with NONE and 0,0,0.
This is exactly what occurred to me after my last post, thank you Tomas & inkytog

My default camera for work is Red, the only reason I mention it is because you're able to monitor in a LUT or view RedLog (flat) during production whenever you'd like, AND that viewing flexibility transfers over directly to post-production (i.e. color-grade from RedLog or apply a LUT profile easily). That is what I'm used to. My 6d raw files function this way in ACR as well.
Starting with this contrasty image throws me off because I'm monitoring in a LUT that isn't being applied to the DNG (yet?... Adobe? Dji?).
Bottom line is: Monitor using Picture Styles for video and jpegs, but switch to None 0/0/0 for raw photography.
Yay!