GMOD vs. DRES

Last updated Jun 6, 2026

GMOD (GMO Dynamic Allocation ETF) and DRES (GMO Domestic Resilience ETF) are both exchange-traded funds - GMOD is a Tactical Allocation fund actively managed by GMO, while DRES is a Mid Cap Blend Equities fund actively managed by GMO. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.

Performance

GMOD vs. DRES - Performance Comparison

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

Returns By Period

In the year-to-date period, GMOD achieves a 5.74% return, which is significantly lower than DRES's 19.55% return.

GMOD

• 1D: -1.79%
• 1M: -1.01%
• YTD: 5.74%
• 6M: 6.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRES

• 1D: -1.05%
• 1M: -0.28%
• YTD: 19.55%
• 6M: 17.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GMOD vs. DRES - Yearly Performance Comparison

	2026 (YTD)	2025
GMOD GMO Dynamic Allocation ETF	5.74%	3.87%
DRES GMO Domestic Resilience ETF	19.55%	0.99%

Correlation

The correlation between GMOD and DRES is 0.71, 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 15, 2025	0.72

Return for Risk

GMOD vs. DRES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Dynamic Allocation ETF (GMOD) and GMO Domestic Resilience ETF (DRES). 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

	GMOD	DRES	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.77	1.94	-0.17

Drawdowns

GMOD vs. DRES - Drawdown Comparison

The maximum GMOD drawdown since its inception was -6.50%, smaller than the maximum DRES drawdown of -10.41%. Use the drawdown chart below to compare losses from any high point for GMOD and DRES.

Drawdown Indicators

	GMOD	DRES	Difference
Max Drawdown Largest peak-to-trough decline	-6.50%	-10.41%	+3.91%
Current Drawdown Current decline from peak	-1.83%	-1.05%	-0.78%
Average Drawdown Average peak-to-trough decline	-1.16%	-2.30%	+1.14%

Volatility

Volatility by Period

	GMOD	DRES	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.95%	18.33%	-9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.95%	18.33%	-9.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.95%	18.33%	-9.38%

GMOD vs. DRES - Expense Ratio Comparison

Both GMOD and DRES have an expense ratio of 0.50%.

Dividends

GMOD vs. DRES - Dividend Comparison

GMOD's dividend yield for the trailing twelve months is around 0.88%, more than DRES's 0.30% yield.

Position	TTM	2025
DRES GMO Domestic Resilience ETF	0.30%	0.22%
GMOD GMO Dynamic Allocation ETF	0.88%	0.93%

Frequently Asked Questions

Can I hold both GMOD and DRES in my portfolio?

GMOD and DRES have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GMOD or DRES?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GMOD or DRES?

GMOD and DRES have the same expense ratio: 0.50% per year.

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

GMOD has the higher dividend yield at 0.88%, compared with 0.30% for DRES.

What is the main difference between GMOD and DRES?

GMOD is categorized as Tactical Allocation, while DRES is Mid Cap Blend Equities.