DRES vs. GMOC

Last updated Jun 24, 2026

DRES (GMO Domestic Resilience ETF) and GMOC (GMO Ultra-Short Income ETF) are both exchange-traded funds - DRES is a Mid Cap Blend Equities fund actively managed by GMO, while GMOC is a Ultrashort Bond fund actively managed by GMO. Both are actively managed. At a 0.05 correlation, their price movements are largely independent. DRES charges 0.50%/yr vs 0.20%/yr for GMOC.

Performance

DRES vs. GMOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO Domestic Resilience ETF (DRES) and GMO Ultra-Short Income ETF (GMOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRES achieves a 19.60% return, which is significantly higher than GMOC's 1.81% return.

DRES

• 1D: -1.32%
• 1M: 2.97%
• YTD: 19.60%
• 6M: 16.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMOC

• 1D: 0.00%
• 1M: 0.33%
• YTD: 1.81%
• 6M: 1.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRES vs. GMOC - Yearly Performance Comparison

	2026 (YTD)	2025
DRES GMO Domestic Resilience ETF	19.60%	0.75%
GMOC GMO Ultra-Short Income ETF	1.81%	0.70%

Correlation

The correlation between DRES and GMOC is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.05

Return for Risk

DRES vs. GMOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Domestic Resilience ETF (DRES) and GMO Ultra-Short Income ETF (GMOC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

DRES vs. GMOC - Drawdown Comparison

The maximum DRES drawdown since its inception was -10.41%, which is greater than GMOC's maximum drawdown of -0.14%. Use the drawdown chart below to compare losses from any high point for DRES and GMOC.

Drawdown Indicators

	DRES	GMOC	Difference
Max Drawdown Largest peak-to-trough decline	-10.41%	-0.14%	-10.27%
Current Drawdown Current decline from peak	-1.66%	0.00%	-1.66%
Average Drawdown Average peak-to-trough decline	-2.20%	-0.01%	-2.19%

Volatility

Volatility by Period

	DRES	GMOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.53%	0.50%	+18.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.53%	0.50%	+18.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	0.50%	+18.03%

DRES vs. GMOC - Expense Ratio Comparison

DRES has a 0.50% expense ratio, which is higher than GMOC's 0.20% expense ratio.

Dividends

DRES vs. GMOC - Dividend Comparison

DRES's dividend yield for the trailing twelve months is around 0.30%, less than GMOC's 2.33% yield.

Position	TTM	2025
DRES GMO Domestic Resilience ETF	0.30%	0.22%
GMOC GMO Ultra-Short Income ETF	2.33%	0.84%

Frequently Asked Questions

Can I hold both DRES and GMOC in my portfolio?

DRES and GMOC have a correlation of 0.05, 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 GMOC?

On fees, GMOC is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRES or GMOC?

GMOC is cheaper with a 0.20% expense ratio, compared with 0.50% for DRES.

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

GMOC has the higher dividend yield at 2.33%, compared with 0.30% for DRES.

What is the main difference between DRES and GMOC?

DRES is categorized as Mid Cap Blend Equities, while GMOC is Ultrashort Bond. Their fees differ too: 0.50% for DRES and 0.20% for GMOC.