{
 "ticker": "DRES",
 "name": "GMO Domestic Resilience ETF",
 "issuer": "GMO",
 "desk": "themes",
 "url": "https://etfiq.com/funds/DRES",
 "html": "https://etfiq.com/funds/DRES",
 "markdown": "https://etfiq.com/funds/DRES.md",
 "as_of": "2026-09-11",
 "verdict": "DRES holds 38 stocks, and 44% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "55.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DRES, already in the S&P 500: 55.8%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DRES, active share vs the S&P 500: 98.2%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "37.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DRES, top ten holdings: 37.8%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+19.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DRES, total return, since launch: +19.1%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$36m",
   "source": "SEC filing, whole fund, as filed for May 31, 2026",
   "as_of": "2026-09-11",
   "sentence": "DRES, net assets: $36m (SEC filing, whole fund, as filed for May 31, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "DRES, expense ratio: 0.50% (485BPOS XBRL, Jun 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Energy security and critical technology",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 1, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "55.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.2%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "6.7%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.3%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "37.8%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "38",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "May 31, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Union Pacific Corp 5.3%, WillScot Holdings Corp 3.8%, Carlisle Cos Inc 3.7%, Martin Marietta Materials Inc 3.7%, Vulcan Materials Co 3.6%, Clean Harbors Inc 3.6%, ConocoPhillips 3.5%, Jacobs Solutions Inc 3.5%, Northrop Grumman Corp 3.5%, Fluor Corp 3.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$36m",
   "source": "SEC filing, whole fund, as filed for May 31, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22127.6%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Jun 30, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.51%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "PAVE 25%, IFRA 17%, SUPL 16%, PWER 14%, SHPP 13%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22124.4%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22127.7 pts",
   "Gap to Nasdaq-100": "\u22123.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+8.4%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u22127.6 pts",
   "Gap to Nasdaq-100": "\u221212.3 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+19.1%",
   "S&P 500": "+15.3%",
   "Gap to S&P 500": "+3.8 pts",
   "Gap to Nasdaq-100": "+0.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of DRES is in S&P 500 companies?",
   "a": "By its holdings filed for May 31, 2026, 56% of DRES by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does DRES hold?",
   "a": "38 positions as filed for May 31, 2026, with the top ten at 38% of the fund. The largest are Union Pacific Corp at 5.3%, WillScot Holdings Corp at 3.8%, Carlisle Cos Inc at 3.7%."
  },
  {
   "q": "Has DRES beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 DRES returned +19.1% with distributions reinvested, against +15.3% for the S&P 500, so it finished ahead of the index by 3.8 points."
  },
  {
   "q": "What does DRES cost?",
   "a": "The prospectus expense ratio is 0.50% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.51%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}