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DRES vs NRSH

GMO Domestic Resilience ETF

DRESBNYSE Arca

Aztlan North America Nearshoring Stock Selection ETF

NRSHDNYSE Arca

Overlap

Expense ratio

DRES −0.26pt a year

DRES0.50%NRSH0.76%

Avg volume · 30D

DRES 20.1×the volume

DRES43.4KNRSH2.16K

DRES vs NRSH Performance

Oct 31, 2025 – Oct 30, 2026

+21.1%DRES+18.3%NRSH

Oct 31, 2025 to Oct 30, 2026. DRES +21.1%. NRSH +18.3%. Use the arrow keys to read each point.−10%0%10%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
DRES 0.50%, better
NRSH 0.76%
Fund size
DRES $150M
NRSH $31M
1Y total return
DRES +21.1%, better
NRSH +18.3%
Yield (12M)
DRES No data
NRSH 0.33%
Holdings
DRES 40
NRSH 31
Avg volume (30D)
DRES 43.4K sh, better
NRSH 2.16K sh
NAV per share
DRES $30.70
NRSH $30.54
52W range

ETF.net Grade

DRES: Cost 64, Risk 80, Mission 61, Tradability 74, Holdings 65, Durability 43. NRSH: Cost 22, Risk 49, Mission not scored, Tradability 32, Holdings 64, Durability 46.
Pillar letters and Scores for DRES, NRSH, with each pillar’s weight
PillarDRESNRSH
Cost30% weightB64HigherF22
Mission25% weightB61Not scored
Risk15% weightA80HigherC49
Tradability15% weightA74HigherD32
Holdings10% weightB65HigherB64
Durability5% weightC43C46Higher

Rank among Reshoring & Supply Chain funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DRES and NRSH are both graded against the same 7 Reshoring & Supply Chain funds, so their Grades compare head to head.

Reshoring & Supply Chain⁠

Category · 7 funds
See all 7 ›

DRES ranks 2nd and NRSH 6th of 7 funds in the Reshoring & Supply Chain Category.

  1. Rank 1AIETCiShares U.S. Tech Independence Focused ETFScore 71
  2. Rank 2BDRESGMO Domestic Resilience ETFScore 68
  3. Rank 3BMADEiShares U.S. Manufacturing ETFScore 65
  4. Rank 5DWELDTema U.S. Manufacturing & Reshoring ETFScore 37
  5. Rank 6DNRSHAztlan North America Nearshoring Stock Selection ETFScore 36
  6. Rank 7DSUPPTCW Transform Supply Chain ETFScore 30

Our read on each fund

ETF.net Research

DRESBGMO Domestic Resilience ETF

NRSHDAztlan North America Nearshoring Stock Selection ETF

In short

DRES GMO'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.

NRSH No data

Stated mandate

DRES 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.

NRSH No data

Why people hold it

  • DRES Active 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
  • Built 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
  • A 0.50% expense ratio is on the lower side for an actively managed fund in this peer group, where the typical fee runs higher.
  • One 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

NRSH No data

Worth knowing

  • DRES Launched in late 2025, so the live record is short and there is no long history to judge the strategy by.gmo.com
  • A small, lightly traded fund. Spreads can be wider than in the giants of this category, which makes limit orders the sane default.
  • Concentration 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

NRSH No data

Full DRES profile⁠

Full NRSH profile⁠

DRES vs NRSH Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DRES vs NRSH Cost

Overpaying NRSH vs DRES

$4,677

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DRES 0.50%

    $9,979

  • NRSH 0.76%

    $14,656

$10,000
30 years

Cost over time

  • DRES 0.50%
  • NRSH 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NRSH $14,656DRES $9,979

Year by year

YearDRESNRSHOverpaying
10$900$1,353$453
20$3,460$5,142$1,682
30$9,979$14,656$4,677

Expense ratio

  • 0.50%DRES, cheaper
  • 0.76%NRSH
  • Middle half of Reshoring & Supply Chain funds
  • Median 0.70%

DRES 3rd cheapest of 7 funds

NRSH 7th cheapest of 7 funds

DRES vs NRSH Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DRES No data
NRSH 0.33%
Payout (12M)
DRES No data
NRSH $0.10
Last payment
DRES $0.04
NRSH $0.10
Ex-dividend
DRES Sep 30, 2026
NRSH Dec 24, 2025
Paid on
DRES Oct 1, 2026
NRSH Dec 26, 2025
Frequency
DRES Quarterly
NRSH Annual

Distribution history

Per share, 2023 to 2026, same scale for both

DRESQuarterly · 4 paymentsAll DRES payments⁠
One bar per payment. 4 payments from 2023 to 2026 YTD. Dec 30, 2025 $0.06; Mar 31, 2026 $0.04; Jun 30, 2026 $0.07; Sep 30, 2026 $0.04. Use the arrow keys to read each point.$0$0.2020232026YTD
NRSHAnnual · 3 paymentsAll NRSH payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 26, 2023 $0.04; Dec 24, 2024 $0.18; Dec 24, 2025 $0.10. Use the arrow keys to read each point.$0$0.2020232026YTD

DRES vs NRSH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DRES 20.0%since Nov 2025NRSH 22.7%since Dec 2023
Return per unit of riskSharpe ratio, 3 years
DRES 0.87since Nov 2025NRSH 0.49since Dec 2023
Worst fallMax drawdown, 5 years
DRES −11.9%since Oct 2025NRSH −24.0%since Nov 2023
Market sensitivityBeta, 5 years
DRES 0.65NRSH 1.58

Popular comparisons

  • DRESBvsIETCA

    GMO Domestic Resilience ETF · iShares U.S. Tech Independence Focused ETF

    Expense ratio
    0.50% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NRSHDvsIETCA

    Aztlan North America Nearshoring Stock Selection ETF · iShares U.S. Tech Independence Focused ETF

    Expense ratio
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    Category
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  • DRESBvsMADEB

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    Expense ratio
    0.50% · 0.40%
    Category
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  • NRSHDvsMADEB

    Aztlan North America Nearshoring Stock Selection ETF · iShares U.S. Manufacturing ETF

    Expense ratio
    0.76% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DRESBvsDGLOC

    GMO Domestic Resilience ETF · First Trust RBA Deglobalization ETF

    Expense ratio
    0.50% · 0.70%
    Category
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  • NRSHDvsDGLOC

    Aztlan North America Nearshoring Stock Selection ETF · First Trust RBA Deglobalization ETF

    Expense ratio
    0.76% · 0.70%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.