Do DRES and IETC hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, DRES or IETC?

DRES has 56% of its weight in S&P 500 names and IETC has 86%, so DRES differs more from the index.

Which is cheaper, DRES or IETC?

DRES charges 0.50% a year and IETC charges 0.18%, so IETC is cheaper. Fees come from each fund's prospectus.

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DRES vs IETC: which is really different?

DRES and IETC hold 0% of their weight in the same names. GMO Domestic Resilience ETF and iShares U.S. Tech Independence Focused ETF.

55.8%

DRES in the S&P 500

85.5%

IETC in the S&P 500

+13.6%

DRES total return, since launch

+12.4%

IETC total return, 1 year

DRES · 6 months to Sep 30, 202644% of its weight is outside the S&P 500

56% of DRES's weight is in S&P 500 companies and 44% is outside the index

IETC · 1 year to Sep 30, 202615% of its weight is outside the S&P 500

86% of IETC's weight is in S&P 500 companies and 15% is outside the index

ETFIQ Off-Index Score · DRES scores higherHow much of it is not the index it is sold as an alternative to?

DRES 53.2

IETC 1.5

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, DRES and IETC hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding DRES IETC

Only in DRES

Union Pacific Corp 5.28%

WillScot Holdings Corp 3.81%

Carlisle Cos Inc 3.74%

Martin Marietta Materials Inc 3.73%

Vulcan Materials Co 3.62%

Clean Harbors Inc 3.60%

ConocoPhillips 3.55%

Jacobs Solutions Inc 3.53%

Only in IETC

NVIDIA 13.59%

BROADCOM INC 7.31%

ADVANCED MICRO DEVICES 6.02%

MICRON TECHNOLOGY 5.67%

APPLE 3.71%

ALPHABET CLASS A 2.85%

LAM RESEARCH 2.78%

PALANTIR TECHNOLOGIES CLASS A 2.71%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	DRES	IETC	DRES	IETC	DRES	IETC
3 months	−8.5%	+7.9%	−11.0 pts	+5.4 pts	−10.6 pts	+5.8 pts
6 months	+0.2%	+28.3%	−16.8 pts	+11.3 pts	−26.7 pts	+1.4 pts
1 year	not published	+12.4%	not published	−3.3 pts	not published	−11.4 pts
3 years	not published	+117.6%	not published	+32.6 pts	not published	+7.6 pts
Since launch DRES Oct 2025 · IETC Mar 2018	+13.6%	+404.9%	−1.8 pts	+168.6 pts	−9.7 pts	+11.6 pts

DRES and IETC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

DRES

GMO Domestic Resilience ETF · Holds 38 stocks in energy security and critical technology, 56% of its weight in S&P 500 companies

IETC

iShares U.S. Tech Independence Focused ETF · Holds 112 stocks in energy security and critical technology, 86% of its weight in S&P 500 companies

Issuer GMO iShares

Theme Energy security and critical technology Energy security and critical technology

In the S&P 500 55.8% 85.5%

Active share vs the S&P 500 98.2% 62.6%

In the Nasdaq-100 6.7% 69.1%

Holdings 38 112

Top ten, share of the fund 37.8% 49.7%

Expense ratio 0.50% 0.18%

Fee for the differing part 0.51% 0.29%

Total return, 1 year +13.6% (since launch on Oct 1, 2025) +12.4%

vs the S&P 500 −1.8 pts −3.3 pts

vs the Nasdaq-100 −9.7 pts −11.4 pts

Below its high −11.9% −3.3%

Net assets $36m $719m

DRES and IETC on the same fields, as of Sep 30, 2026. Source: ETFIQ.

DRES in plain words

By weight, 56% of DRES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 38% of the fund across 38 positions, as filed for May 31, 2026. Since it launched on Oct 1, 2025 the fund returned +13.6% with distributions reinvested against +15.3% for the S&P 500, so a holder was behind by 1.8 pts. It sits 11.9% below its all-time high of Aug 4, 2026.

IETC in plain words

By weight, 86% of IETC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 63%. The top ten holdings are 50% of the fund across 112 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +12.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 3.3 pts.

Questions people ask

Do DRES and IETC hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, DRES or IETC?: DRES has 56% of its weight in S&P 500 names and IETC has 86%, so DRES differs more from the index.
Which is cheaper, DRES or IETC?: DRES charges 0.50% a year and IETC charges 0.18%, so IETC is cheaper. Fees come from each fund's prospectus.

Other comparisons

DRES vs NSI DRES vs TSES DRES vs CRTC IETC vs NSI IETC vs TSES IETC vs CRTC

DRES on its own →IETC on its own →How every figure is computed →Standards and sources →

Where these figures came from

DRES filings on SEC EDGAR ↗DRES prospectus with the expense ratio (SEC) ↗GMO website ↗IETC filings on SEC EDGAR ↗IETC prospectus with the expense ratio (SEC) ↗iShares page for IETC ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, DRES against IETC, data as of Sep 30, 2026. https://etfiq.com/compare/themes/dres-vs-ietc

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.