DRES vs. RSHO

Last updated Jun 4, 2026

DRES (GMO Domestic Resilience ETF) and RSHO (Tema American Reshoring ETF) are both Mid Cap Blend Equities funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. DRES charges 0.50%/yr vs 0.75%/yr for RSHO.

Performance

DRES vs. RSHO - Performance Comparison

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

Returns By Period

In the year-to-date period, DRES achieves a 20.00% return, which is significantly lower than RSHO's 33.69% return.

DRES

• 1D: 0.51%
• 1M: 2.10%
• YTD: 20.00%
• 6M: 18.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RSHO

• 1D: 0.12%
• 1M: 7.69%
• YTD: 33.69%
• 6M: 33.85%
• 1Y: 57.71%
• 3Y*: 31.02%
• 5Y*: —
• 10Y*: —

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

DRES vs. RSHO - Yearly Performance Comparison

	2026 (YTD)	2025
DRES GMO Domestic Resilience ETF	20.00%	2.65%
RSHO Tema American Reshoring ETF	33.69%	3.14%

Correlation

The correlation between DRES and RSHO is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.85

Return for Risk

DRES vs. RSHO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSHO

RSHO Risk / Return Rank: 73
RSHO Sharpe Ratio Rank: 74
RSHO Sortino Ratio Rank: 72
RSHO Omega Ratio Rank: 66
RSHO Calmar Ratio Rank: 77
RSHO Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DRES vs. RSHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Domestic Resilience ETF (DRES) and Tema American Reshoring ETF (RSHO). 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	RSHO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.00	1.48	+0.53

Drawdowns

DRES vs. RSHO - Drawdown Comparison

The maximum DRES drawdown since its inception was -10.41%, smaller than the maximum RSHO drawdown of -27.31%. Use the drawdown chart below to compare losses from any high point for DRES and RSHO.

Drawdown Indicators

	DRES	RSHO	Difference
Max Drawdown Largest peak-to-trough decline	-10.41%	-27.31%	+16.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.31%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.32%	-4.32%	+2.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.82%	—

Volatility

Volatility by Period

	DRES	RSHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.37%	23.74%	-5.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	22.55%	-4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.37%	22.55%	-4.18%

DRES vs. RSHO - Expense Ratio Comparison

DRES has a 0.50% expense ratio, which is lower than RSHO's 0.75% expense ratio.

Dividends

DRES vs. RSHO - Dividend Comparison

DRES's dividend yield for the trailing twelve months is around 0.30%, more than RSHO's 0.22% yield.

Position	TTM	2025	2024	2023
DRES GMO Domestic Resilience ETF	0.30%	0.22%	0.00%	0.00%
RSHO Tema American Reshoring ETF	0.22%	0.30%	0.26%	0.25%

Frequently Asked Questions

Can I hold both DRES and RSHO in my portfolio?

DRES and RSHO have a correlation of 0.85, 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 RSHO?

On fees, DRES is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRES or RSHO?

DRES is cheaper with a 0.50% expense ratio, compared with 0.75% for RSHO.

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

DRES has the higher dividend yield at 0.30%, compared with 0.22% for RSHO.

What is the main difference between DRES and RSHO?

They also come from different issuers: GMO and Tema. Their fees differ too: 0.50% for DRES and 0.75% for RSHO.