Do DRES and NSI 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 NSI?

DRES has 56% of its weight in S&P 500 names and NSI has 0%, so NSI differs more from the index.

Which is cheaper, DRES or NSI?

DRES charges 0.50% a year and NSI charges 0.75%, so DRES is cheaper. Fees come from each fund's prospectus.

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DRES vs NSI: which is really different?

DRES and NSI hold 0% of their weight in the same names. GMO Domestic Resilience ETF and National Security Emerging Markets Index ETF.

55.8%

DRES in the S&P 500

0.0%

NSI in the S&P 500

+13.6%

DRES total return, since launch

+19.6%

NSI 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

NSI · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500

0% of NSI's weight is in S&P 500 companies and 100% is outside the index

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

DRES 53.2

NSI 92

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 NSI 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.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding DRES NSI

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 NSI

TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 16.59%

SAMSUNG ELECTRONICS CO LTD 9.48%

HON HAI PRECISION INDUSTRY COMPANY LTD 3.81%

ASE TECHNOLOGY HOLDING CO LTD 3.75%

CHINA CONSTRUCTION BANK CORP 3.54%

PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD 2.56%

PDD HOLDINGS INC 2.55%

NASPERS LTD 2.31%

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	NSI	DRES	NSI	DRES	NSI
3 months	−8.5%	+1.1%	−11.0 pts	−1.4 pts	−10.6 pts	−1.0 pts
6 months	+0.2%	+7.5%	−16.8 pts	−9.5 pts	−26.7 pts	−19.4 pts
1 year	not published	+19.6%	not published	+3.9 pts	not published	−4.1 pts
Since launch DRES Oct 2025 · NSI Dec 2023	+13.6%	+60.4%	−1.8 pts	−12.2 pts	−9.7 pts	−32.3 pts

DRES and NSI 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

NSI

National Security Emerging Markets Index ETF · Holds 104 stocks in energy security and critical technology, 0% of its weight in S&P 500 companies

Issuer GMO Tuttle

Theme Energy security and critical technology Energy security and critical technology

In the S&P 500 55.8% 0.0%

Active share vs the S&P 500 98.2% 100.0%

In the Nasdaq-100 6.7% 4.2%

Holdings 38 104

Top ten, share of the fund 37.8% 49.0%

Expense ratio 0.50% 0.75%

Fee for the differing part 0.51% 0.75%

Total return, 1 year +13.6% (since launch on Oct 1, 2025) +19.6%

vs the S&P 500 −1.8 pts +3.9 pts

vs the Nasdaq-100 −9.7 pts −4.1 pts

Below its high −11.9% −4.4%

Net assets $36m $42m

DRES and NSI 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.

NSI in plain words

By weight, 0% of NSI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 49% of the fund across 104 positions, as filed for May 31, 2026. Over the year to Sep 30, 2026 the fund returned +19.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 3.9 pts.

Questions people ask

Do DRES and NSI 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 NSI?: DRES has 56% of its weight in S&P 500 names and NSI has 0%, so NSI differs more from the index.
Which is cheaper, DRES or NSI?: DRES charges 0.50% a year and NSI charges 0.75%, so DRES is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

DRES on its own →NSI 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 ↗NSI filings on SEC EDGAR ↗NSI prospectus with the expense ratio (SEC) ↗Tuttle website ↗

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 NSI, data as of Sep 30, 2026. https://etfiq.com/compare/themes/dres-vs-nsi

Open data

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