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DRES GMO Domestic Resilience ETF

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$30.10
−0.1% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, DRES returned 19.5%, against 13.7% for VOO.

Why did DRES return +20.8% against VOO’s +17.7%?What does DRES hold that the S&P 500 does not?What does DRES cost to hold and to trade?
Holds 38 stocks in energy security and critical technology, 55% of its weight in S&P 500 companiesGMO ↗Expense ratio 0.50%Fund assets $36m net assets, latest filing (May 31, 2026)First traded Oct 1, 2025Benchmark S&P 500 Index, measured by VOO, which tracks the same indexSEC filings ↗Every GMO fund ETFIQ coversDividend history

Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.

Compare with…Trading costsPut to the committeeaskIQ about DRESAdd to portfolioOverlapFlowsAlerts

DRES risk and return scorecard

vs VOO · Oct 2025 to Oct 2026 · 54 weekly returns · dividend-adjusted

Short history · 12 months
DRES +20.8%, VOO +17.7%, Oct 2025 to Oct 2026, distributions reinvested.
Return
MeasureDRESVOOEdge
Total return+20.8%+17.7%DRES
Annualized+20.0%+17.0%DRES
Price return+19.9%+16.3%DRES
Risk
MeasureDRESVOOEdge
Volatility15.2%12.0%VOO
Max drawdown−10.3%−8.4%VOO
Upside capture34.0%100.0%VOO
Downside capture−1.4%100.0%DRES
Risk-adjusted
MeasureDRESVOOEdge
Sharpe ratio1.031.05VOO (slight)
Sortino ratio1.761.83VOO (slight)
Alpha vs VOO
MeasureDRESVOOEdge
Alpha, a year+10.1%Not significant
Alpha t-stat0.71
Beta to VOO0.431.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · May 31, 2026
Since Oct 2025
+$30.1m
askIQ: what do these flows mean? ↗

What you earned

DRES +5.7%, VOO +0.9%: total return over one month to Oct 28, 2026.
DRES+5.7%
VOO+0.9%
DRES −2.3%, VOO +6.1%: total return over three months to Oct 28, 2026.
DRES−2.3%
VOO+6.1%
DRES +1.2%, VOO +9.1%: total return over six months to Oct 28, 2026.
DRES+1.2%
VOO+9.1%
DRES +18.3%, VOO +14.2%: total return over the year to Oct 28, 2026.
DRES+18.3%
VOO+14.2%
DRES +19.5%, VOO +13.7%: total return over one year to Oct 28, 2026.
DRES+19.5%
VOO+13.7%
DRES +21.4%, VOO +16.9%: total return since launch to Oct 28, 2026.
DRES+21.4%
VOO+16.9%
askIQ: why did DRES return +19.5% against VOO’s +13.7%? ↗

What did you actually buy?

Energy security and critical technology · holdings as of May 31, 2026
55.1%
Already in the S&P 500
Report
98.2%
Active share vs the S&P 500
Report
37.3%
Top ten holdings
Report
+19.5%
Total return, 1 year
Report
0.8%
12-month yield, capital gains included, on its starting price
Report
$0.0434
Last payment (paid quarterly), ex-date Sep 30, 2026
Report
Share already in the S&P 500
55.1% of the fund by weight, holdings as of May 31, 2026.
Ten largest holdings
Union Pacific Corp5.2%
WillScot Holdings Corp3.8%
Carlisle Cos Inc3.7%
Martin Marietta Materials Inc3.7%
Vulcan Materials Co3.6%
Clean Harbors Inc3.5%
ConocoPhillips3.5%
Jacobs Solutions Inc3.5%
Northrop Grumman Corp3.4%
Fluor Corp3.4%
askIQ: what does DRES hold that the S&P 500 does not? ↗

More on DRES

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Price, 1 year

$30.10−0.1%1 day, priceClose, Oct 28, 2026

Price only. Total return over the same days, distributions reinvested, was +19.5%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

DRES returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Sep 28 – Oct 28, 2026+5.7%+0.9%+4.8 pts
3M Jul 29 – Oct 28, 2026−2.3%+6.1%−8.4 pts
6M Apr 29 – Oct 28, 2026+1.2%+9.1%−7.9 pts
YTD Dec 31, 2025 – Oct 28, 2026+18.3%+14.2%+4.1 pts
1Y Oct 28, 2025 – Oct 28, 2026+19.5%+13.7%+5.8 pts
Since launch Oct 1, 2025 – Oct 28, 2026+21.4%+16.9%+4.5 pts
Since launch, annualised Oct 1, 2025 – Oct 28, 2026+19.8%––

Total returns, distributions reinvested. Listed Oct 2025: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Where every fund in this set sits

How much of its weight does it not share with the S&P 500?

Active share against the S&P 500
USNZ 23.1%IQSZ 49.1%TNXT 51.6%IETC 59.8%XIGV 60.7%CRTC 61.8%AIX 64.0%LQAI 64.9%ALAI 65.2%IVES 66.3%ILDR 67.0%PEXL 67.1%JHAI 68.1%AGIX 68.8%AIEQ 69.0%AOTG 69.1%XT 69.2%FAI 70.1%AIQ 70.2%CHAT 70.9%WTAI 71.5%XAIX 72.0%THMZ 73.5%AIFD 74.4%FRWD 74.4%CARZ 74.5%WUGI 75.2%FDTX 75.5%BAI 75.9%AIUP 76.1%TEKY 77.7%PNQI 78.9%FMET 79.1%IGPT 79.2%FDCF 79.8%ARKW 79.9%AINT 80.3%ARKQ 80.3%SHOC 80.5%SMH 80.7%SOXQ 80.8%FTXL 80.9%GGME 81.5%KNCT 81.7%PBOT 82.1%SOXX 82.3%CBOT 82.4%OGIG 82.9%UFOX 83.1%ARTY 83.2%ABOT 83.7%ARKX 83.7%MILN 83.9%SUPP 84.2%CHPX 84.3%RACK 84.3%CHPS 84.8%AGIQ 85.2%FDN 85.5%AIPO 85.8%CLOD 86.1%XDAT 86.2%BUYZ 86.3%SMHX 87.2%FOWF 88.4%NRSH 88.6%PCLN 89.5%DTCR 90.8%CIBR 90.9%FCLD 91.6%TMAT 91.6%RBLD 91.9%PSI 92.2%IGV 92.4%TCAI 92.7%NEWZ 94.6%TSES 94.7%MADE 94.8%PBPH 95.0%GDOC 95.4%BMED 95.6%EPAI 95.6%IFRA 95.7%PPA 96.4%WR 96.6%POWR 96.9%VOLT 96.9%YUNG 97.1%FPWR 97.2%, and 2 more at this point: IVEP 97.2%, PAVE 97.2%MISL 97.4%HVAC 97.5%, and 1 more at this point: RIFR 97.5%AV 97.6%, and 1 more at this point: TSSD 97.6%IPAY 97.7%, and 4 more at this point: ITA 97.7%, NATO 97.7%, KYC 97.8%, ZAP 97.8%DUTY 98.1%WNDR 98.1%NFRX 98.2%TPZ 98.3%, and 1 more at this point: SRVR 98.5%IHI 98.7%DOCK 98.8%BBH 99.0%PHO 99.4%LGHT 99.5%DRES 98.2%98.2%23.1%99.5%
23.1% to 99.5% across 112

That is the share of the 112 thematic ETFs with at least half their money in S&P 500 companies sitting at or below DRES.

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. Where the fund sits in this set, not a rating. Do not average it with another category's score.

92.9
IQ Themes ScoreETFIQ S&P 500 Difference Scorejoint 8th of 112 · Oct 28, 2026
0.4 · lowest of 112 thematic ETFs with at least half their money in S&P 500 companies99.6 · highest

How different its holdings are from the S&P 500, ranked against 112 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

DRES shares 22 of its 38 holdings with the S&P 500. Counting each at the smaller of its two weights, the two overlap by 1.8%.

active share against the S&P 50098.2% · 93rd pct
All 112 ranked by this score →

Money in and out

Monthly data · as of May 31, 2026

DRES: in the month to May 31, 2026, net $1.2m went out, by its SEC filing.

Since Oct 2025
+$30.1m
Oct 1, 2025 to May 31, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions DRES files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is May 2026. Every day and month ETFIQ holds for DRES, back to Oct 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare DRES with other funds in the flows tool

Month by month, money in and money outOct 2025 to May 2026

DRES, money in and money out each month from Oct 2025 to May 2026: two bars a month, money in above the line and money out below. Every bar is from DRES’s SEC filings (N-PORT item B.6). Of the 8 months listed, money came in on net in 5 and went out in 3.

Every bar is from DRES’s SEC filings (N-PORT item B.6). Of the 8 months listed, money came in on net in 5 and went out in 3.

MonthInOutNet
May 2026 SEC Form N-PORT+$3.2m−$4.4m−$1.2m
Apr 2026 SEC Form N-PORT+$877k−$2.4m−$1.5m
Mar 2026 SEC Form N-PORT+$2.5m−$3.5m−$981k
Feb 2026 SEC Form N-PORT+$4.2m$0+$4.2m
Jan 2026 SEC Form N-PORT+$834k$0+$834k
Dec 2025 SEC Form N-PORT+$3.4m−$1.3m+$2.1m
Nov 2025 SEC Form N-PORT+$740k$0+$740k
Oct 2025 SEC Form N-PORT+$26.0m$0+$26.0m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of May 31, 2026. Updated when the fund files its next report.

DRES key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$32.00 on Aug 4, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$23.90 on Nov 20, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$30.10, 77% of the way from the low to the high
Holdings38
Top ten holdings weight37.3%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of May 13, 2026
Trading · DRESas of May 13, 2026
·
Not scored1 of 6 measured · May 13, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
One dealer
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

DRES top ten by weight, 37.3% of the fund, of its 38 equity positions, from the holdings filed for May 31, 2026. Source: the fund’s SEC filing.

Union Pacific Corp UNP 5.21%
WillScot Holdings Corp WSC 3.77%
Carlisle Cos Inc CSL 3.69%
Martin Marietta Materials Inc MLM 3.68%
Vulcan Materials Co VMC 3.57%
Clean Harbors Inc CLH 3.55%
ConocoPhillips COP 3.50%
Jacobs Solutions Inc J 3.49%
Northrop Grumman Corp NOC 3.44%
Fluor Corp FLR 3.40%
Fund filings on SEC EDGAR ↗See all 38 holdings →Check overlap with another fund →

Source: Holdings filing (SEC Form N-PORT).

About DRES

Theme (ETFIQ, editorial)Energy security and critical technology
First tradedOct 1, 2025
Already in the S&P 500, by weight (ETFIQ)55.1%
Outside the S&P 500, by weight (ETFIQ)45%
Active share vs the S&P 500 (ETFIQ)98.2%
Already in the Nasdaq-100, by weight (ETFIQ)6.6%
Active share vs the Nasdaq-100 (ETFIQ)99.3%
Top ten holdings weight37.3%
Holdings38
Holdings as of (SEC N-PORT)May 31, 2026
Top holdingsUnion Pacific Corp 5.2%, WillScot Holdings Corp 3.8%, Carlisle Cos Inc 3.7%, Martin Marietta Materials Inc 3.7%, Vulcan Materials Co 3.6%, Clean Harbors Inc 3.5%, ConocoPhillips 3.5%, Jacobs Solutions Inc 3.5%, Northrop Grumman Corp 3.4%, Fluor Corp 3.4%
Net assets (SEC filing, whole fund, as filed for May 31, 2026)$36mReport
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same index
Benchmark named inits shareholder report, N-CSR, May 7, 2026
DRES, 1 year to Oct 28, 2026+19.5%
VOO, the same days+13.7%
Against its benchmark, 1 year (ETFIQ)+5.8 pts
Below its all-time high (ETFIQ)−5.8%
Expense ratio (485BPOS XBRL, Jun 30, 2026)0.50%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.51%
Closest funds by holdings overlapPAVE 25%, IFRA 17%, DOCK 17%, SHPP 15%, PWER 14%
Against the S&P 500, 1 yearahead by 5.8 pts
Against its benchmark, 1 yearahead by 5.8 pts
Below its all-time high5.8%, high on Aug 4, 2026
How we measure
The top ten holdings are 37% of the fund across 38 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +19.5% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was ahead by 5.8 pts. It sits 5.8% below its all-time high of Aug 4, 2026.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on DRES

12 seats on DRES, as of Oct 28, 2026: 2 Mixed, 7 Challenges, 3 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityChallenges
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceChallenges
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatMixed
Put DRES to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about DRES

How much of DRES is in S&P 500 companies?
By its holdings filed for May 31, 2026, 55% 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.
What does DRES hold?
38 positions as filed for May 31, 2026, with the top ten at 37% of the fund. The largest are Union Pacific Corp at 5.2%, WillScot Holdings Corp at 3.8%, Carlisle Cos Inc at 3.7%.
Has DRES beaten the S&P 500?
Over the year to Oct 28, 2026 DRES returned +19.5% with distributions reinvested, against +13.6% for the S&P 500, so it finished ahead of the index by 5.9 points.
What does DRES cost?
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%.
Sources and dates
Prices, DRES and Benchmark (VOO)Tiingo end-of-day · Oct 28, 2026
Fee, 0.50%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $36mSEC filing, whole fund · May 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · May 31, 2026 ↗
IssuerGMO website ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, DRES, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/dres

The difference bar for DRES, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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DRES: 55% of DRES's weight is in S&P 500 companies and 45% is outside the index. Holdings as of May 31, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/dres"><img src="https://etfiq.com/assistant/api/embed/themes/dres.svg" alt="DRES: 55% of DRES&#x27;s weight is in S&amp;P 500 companies and 45% is outside the index. Holdings as of May 31, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">DRES: 55% of DRES&#x27;s weight is in S&amp;P 500 companies and 45% is outside the index. Holdings as of May 31, 2026. Data: <a href="https://etfiq.com/funds/dres">ETFIQ</a></figcaption>
</figure>

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Snapshot, Oct 28, 2026. More on the tabs above.