Here's a quick and dirty Pkgfile for dracut if anyone wants to try it:

############
# Description: Dracut, a tool for creating an initramfs.
# URL:         https://dracut.wiki.kernel.org/index.php/Main_Page
# Maintainer:  Not applicable, one-off build.

name=dracut
version=041
release=1
source=(https://www.kernel.org/pub/linux/utils/boot/$name/$name-$version.tar.gz)

build() {
  cd $name-$version
  ./configure --prefix=/usr --disable-nls --mandir=/usr/man --disabledocumentation
  make
  make DESTDIR=$PKG install
}
##########

It builds okay, but I haven't tested the application yet.