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DRES

GradeBNew York Stock Exchange Arca

GMO Domestic Resilience ETF

Themes · GMO · Inception 2025-09-30

$29.02+0.12 (+0.41%)

As of Sep 23, 2026, 12:57 PM EDT

History starts Oct 1, 2025.History starts Oct 1, 2025.
Intraday session: up, 3 prints from 28.90 to 29.02. Range 28.90 to 29.02. Use the arrow keys to read each point.$28.90$28.95$29.0010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$35M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$28.79
52W range
low $23.89high $32.00

The ETF.net DRES Grade

B

62/ 100

Rank 3 of 8 in Reshoring & Supply Chain⁠

Confidence Medium

Six-pillar profile for DRES. Scores out of 100: Cost 68, Risk 69, Mission 60, Tradability 51, Holdings 73, Durability 33. Strongest: Holdings (73). Weakest: Durability (33). No single pillar leads.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 68
    Category rank3/8 · top 38%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 60
    Category rank4/4 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 69
    Category rank3/8 · top 38%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 51
    Category rank4/8 · top 50%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 73
    Category rank3/8 · top 38%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 33
    Category rank7/8 · bottom quartile

Graded as of Sep 22, 2026

Our read on DRES

ETF.net Research

BGMO's reshoring idea, run the GMO way: a concentrated, actively managed slate of U.S. manufacturing, transport, energy, automation and defense names picked on quality and valuation instead of a theme index.

Stated mandate

The Fund seeks total return. It is actively managed and invests primarily in U.S. equities positioned to benefit from reduced globalization and increased domestic sourcing of vital technologies and industries.

Why people hold it

  1. 01Active stock picking, not a keyword screen. GMO's Focused Equity team applies its quality-and-valuation discipline to companies tied to American reindustrialization.gmo.com
  2. 02Built to be more genuinely American than a broad U.S. index: the portfolio is concentrated and tilted toward companies with high domestic revenue exposure.gmo.com
  3. 03A 0.50% expense ratio is on the lower side for an actively managed fund in this peer group, where the typical fee runs higher.
  4. 04One theme, four lanes: manufacturing and automation, transportation and logistics, energy and materials, and defense. Sectors chosen deliberately, then names chosen one by one.gmo.com

Worth knowing

  1. 01Launched in late 2025, so the live record is short and there is no long history to judge the strategy by.gmo.com
  2. 02A small, lightly traded fund. Spreads can be wider than in the giants of this category, which makes limit orders the sane default.
  3. 03Concentration cuts both ways: a focused portfolio leaning on industrial, energy and defense names can travel a very different path from the broad U.S. market.gmo.com

DRES Holdings

As of Sep 20, 2026, 5:09 AM
Asset class
Stocks
Holdings
—
Top-10 weight
39%
Largest holding
UNP6.4%

Geography

  • United States92.77%
  • Ireland3.67%
  • Switzerland2.21%
  • Canada1.35%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001UNPUNION PACIFIC CORP6.45%7,923$2M401
002MLMMARTIN MARIETTA MATERIALS4.39%3,082$2M241
003JJACOBS SOLUTIONS INC4.38%10,548$2M252
004FLRFLUOR CORP3.74%23,637$1M147
005ALLEALLEGION PLC3.65%8,255$1M147
006NOCNORTHROP GRUMMAN CORP3.62%2,399$1M345
007EQTEQT CORP3.50%24,102$1M320
008VMCVULCAN MATERIALS CO3.23%4,582$1M277
009CSLCARLISLE COS INC3.18%3,441$1M212
010HIIHUNTINGTON INGALLS INDUSTRIE3.09%3,867$1M227
011RRXREGAL REXNORD CORP3.06%7,189$1M149
012COPCONOCOPHILLIPS3.00%7,831$1M425
013WSCWILLSCOT HOLDINGS CORP2.80%53,077$972K117
014EXPEAGLE MATERIALS INC2.70%5,266$936K148
015EOGEOG RESOURCES INC2.65%6,328$921K397

Showing 1–15 of 40 holdings

DRES Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DRES$11,343
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. DRES $11,343. SPY $11,430. Use the arrow keys to read each point.$9,032$10,926$12,820Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DRES. Periods over one year show the average yearly return.
PeriodDRES
Year to date+13.4%
1 month−6.9%
3 months−6.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DRES
YearReturn barDRES
2026 YTD+13.4%
2025+2.7%

History from Oct 1, 2025

DRES in the news

ETF.net Research hasn’t filed on DRES yet — coverage lands here as it’s written.

DRES Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 3 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.06; Mar 31, 2026 $0.04; Jun 30, 2026 $0.07. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 30, 2026Jul 1, 2026$0.07
Mar 31, 2026Apr 1, 2026$0.04
Dec 30, 2025Dec 31, 2025$0.06

DRES Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Sep 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Sep 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Sep 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.65
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DRES Cost

Expense ratio0.50%
  • The middle half of Reshoring & Supply Chain funds
  • Median 0.64%

2 of the 8 Reshoring & Supply Chain funds charge less.

DRES costs $50.00 a year on $10,000. The median Reshoring & Supply Chain fund costs $64.00.