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DRESvsHWAYETF Comparison

ETF 1
DRES

GMO Domestic Resilience ETF

This fund is part of
US Multi-Factor
+0.52%
VS
ETF 2
HWAY

Themes US Infrastructure ETF

This fund is part of
Infrastructure
-0.27%

GMO Domestic Resilience ETF (DRES) belongs to the US Multi-Factor segment. Themes US Infrastructure ETF (HWAY) is part of the Infrastructure segment. DRES's top 3 sector exposures are Industrials, Materials and Energy. In contrast, HWAY's top sector exposures are Industrials, Materials and Consumer Discretionary. DRES is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.29% for HWAY. DRES is up 17.44% year-to-date (YTD) with +$3M in YTD flows. HWAY performs better with 18.88% YTD performance, and +$689K in YTD flows. Run a side-by-side ETF comparison of DRES and HWAY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DRES vs HWAY performance and flow charts

Performance

0510%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

-1,500,000-1,000,000-500,0000500,0001,000,000Mar 24Mar 31Apr 8Apr 15Apr 22

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
DRES
HWAY
+8.33%+10.62%
+8.74%+10.15%
+17.44%+18.88%
n/a+50.86%
n/an/a
n/an/a
Flows
DRES
HWAY
-$2M-
+$2M+$359K
+$3M+$689K
-+$1M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
DRES
HWAY
+19.73%+24.50%
n/a+18.97%
n/an/a
n/an/a
Max drawdown
DRES
HWAY
-10.44%-12.66%
n/a-12.66%
n/an/a
n/an/a
Max drawdown duration
DRES
HWAY
51d59d
n/a59d
n/an/a
n/an/a
Trading data

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DRES
HWAY
Last sale
4/27/2026 at 3:41 PM
$30.00
$36.78
Previous close
04/24/2026
$30.00
$37.04
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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DRES
is actively managed and doesn’t replicate an index

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DRES
HWAY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 3:41 PM
Live
Closed
DRES
HWAY
Last price
$30.00
$36.78
1D performance
+0.02%
-0.69%
AuM$37.18 M$2.94 M
E/R0.25%0.29%
Characteristics
DRES
HWAY
Management strategyActivePassive
ProviderGMOThemes Management Company
Benchmark-Solactive United States Infrastructure Index
N° of holdings3693
Asset class--
Trailing 12m distribution yield
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Inception dateOctober 1, 2025September 12, 2024
ESGNoNo
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Exposure

Countries

DRES
USA
92%
Other
8%
HWAY
USA
95.9%
Other
4.1%

Sectors

DRES
Industrials
67.6%
Materials
14.2%
Energy
10%
Other
8.2%
HWAY
Industrials
77.46%
Materials
17.56%
Other
4.98%
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Diversification

DRES

Total weight of top 15 holdings out of 15

52.6%
HWAY

Total weight of top 15 holdings out of 15

58.66%

Top 15 holdings

Data as of March 31, 2026
DRES
UNION PACIFIC U
5.20%
CONOCOPHILLIPS
4.40%
CLEAN HARBORS
3.90%
NORTHROP GRUMMAN
3.70%
CSX
3.70%
VULCAN MATERIALS
3.70%
CARLISLE COMPANIES
3.60%
MARTIN MARIETTA
3.40%
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC
3.30%
FLUOR
3.20%
WILLSCOT MOBILE MINI HOLDINGS CORP
3.10%
US46982L1089
2.90%
EQT
2.90%
APPLIED INDUSTRIAL TECHNOLOGIES
2.80%
EAGLE MATERIALS
2.80%
HWAY
CATERPILLAR
5.75%
DEERE
5.25%
PARKER HANNIFIN
4.96%
QUANTA SERVICES
4.91%
CSX
4.67%
UNION PACIFIC U
4.45%
NORFOLK SOUTHERN
4.14%
EMERSON ELECTRIC
4.06%
CRH PLC
3.74%
FASTENAL
3.26%
UNITED RENTALS
2.91%
WW GRAINGER
2.90%
COMFORT SYSTEMS USA
2.79%
WABTEC
2.54%
NUCOR
2.33%
Frequently asked questions about DRES and HWAY

How have the DRES and HWAY ETFs performed in 2026?

As of April 24, 2026, DRES is up 17.44% year-to-date (YTD), while HWAY has returned 18.88%. That puts HWAY better performer ahead so far this year.

Which ETF is attracting more investor money: DRES or HWAY?

Year-to-date, the DRES ETF saw +$3M in flows, compared to +$689K for HWAY.

Which ETF is bigger: DRES or HWAY?

As of April 24, 2026, DRES holds $37.18 M in assets under management (AUM), while HWAY manages $2.94 M.

What sectors do the DRES and HWAY ETFs invest in?

DRES leans toward sectors like Industrials, Materials and Energy. Meanwhile, HWAY focuses on Industrials and Materials.

What are the top holdings of the DRES ETF and HWAY ETF?

DRES top holdings include UNION PACIFIC U, CONOCOPHILLIPS and CLEAN HARBORS. HWAY holds in its top three: CATERPILLAR, DEERE and PARKER HANNIFIN.

Which ETF is more diversified: DRES or HWAY?

DRES holds 37 securities with 52.6% of its assets in the top 15. HWAY has 98 securities and a top 15 weight of 58.66%.

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