DRES vs. CTEF

Last updated Jun 3, 2026

DRES (GMO Domestic Resilience ETF) and CTEF (Castellan Targeted Equity ETF) are both Mid Cap Blend Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. DRES charges 0.50%/yr vs 0.45%/yr for CTEF.

Performance

DRES vs. CTEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO Domestic Resilience ETF (DRES) and Castellan Targeted Equity ETF (CTEF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRES achieves a 19.39% return, which is significantly lower than CTEF's 29.88% return.

DRES

• 1D: 0.74%
• 1M: 0.21%
• YTD: 19.39%
• 6M: 19.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTEF

• 1D: 1.30%
• 1M: 10.90%
• YTD: 29.88%
• 6M: 31.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DRES vs. CTEF - Yearly Performance Comparison

	2026 (YTD)	2025
DRES GMO Domestic Resilience ETF	19.39%	2.65%
CTEF Castellan Targeted Equity ETF	29.88%	2.04%

Correlation

The correlation between DRES and CTEF is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.60

Return for Risk

DRES vs. CTEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Domestic Resilience ETF (DRES) and Castellan Targeted Equity ETF (CTEF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DRES	CTEF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.96	3.59	-1.63

Drawdowns

DRES vs. CTEF - Drawdown Comparison

The maximum DRES drawdown since its inception was -10.41%, smaller than the maximum CTEF drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for DRES and CTEF.

Drawdown Indicators

	DRES	CTEF	Difference
Max Drawdown Largest peak-to-trough decline	-10.41%	-15.00%	+4.59%
Current Drawdown Current decline from peak	-0.41%	0.00%	-0.41%
Average Drawdown Average peak-to-trough decline	-2.33%	-1.80%	-0.53%

Volatility

Volatility by Period

	DRES	CTEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.42%	21.84%	-3.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.42%	21.84%	-3.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.42%	21.84%	-3.42%

DRES vs. CTEF - Expense Ratio Comparison

DRES has a 0.50% expense ratio, which is higher than CTEF's 0.45% expense ratio.

Dividends

DRES vs. CTEF - Dividend Comparison

DRES's dividend yield for the trailing twelve months is around 0.31%, more than CTEF's 0.06% yield.

Position	TTM	2025
CTEF Castellan Targeted Equity ETF	0.06%	0.08%
DRES GMO Domestic Resilience ETF	0.31%	0.22%

Frequently Asked Questions

Can I hold both DRES and CTEF in my portfolio?

DRES and CTEF have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRES or CTEF?

On fees, CTEF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRES or CTEF?

CTEF is cheaper with a 0.45% expense ratio, compared with 0.50% for DRES.

Which ETF pays a higher dividend yield, DRES or CTEF?

DRES has the higher dividend yield at 0.31%, compared with 0.06% for CTEF.

What is the main difference between DRES and CTEF?

They also come from different issuers: GMO and Castellan. Their fees differ too: 0.50% for DRES and 0.45% for CTEF.