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DRESvsPHOETF Comparison

ETF 1

DRES

GMO Domestic Resilience ETF

This fund is part of

US Multi-Factor

-1.46%

Full DRES fund page

VS

ETF 2

PHO

Invesco Water Resources ETF

This fund is part of

Natural Resources

-0.42%

Full PHO fund page

GMO Domestic Resilience ETF (DRES) belongs to the US Multi-Factor segment. Invesco Water Resources ETF (PHO) is part of the Natural Resources segment. DRES's top 3 sector exposures are Industrials, Non-Energy Materials and Energy. In contrast, PHO's top sector exposures are Industrials, Healthcare and Non-Energy Materials. DRES is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.59% for PHO. DRES is up 20.71% year-to-date (YTD) with +$106M in YTD flows. PHO performs worse with 5.31% YTD performance, and -$126M in YTD flows. Run a side-by-side ETF comparison of DRES and PHO 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 PHO performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DRES PHO	+9.32%+8.89%	-0.31%+5.62%	+20.71%+5.31%	+22.70%+3.94%	n/a+49.59%	n/a+30.53%
Flows	DRES PHO	+$105M-$4M	+$105M-$53M	+$106M-$126M	+$109M-$142M	--$328M	--$426M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DRES PHO	+13.53%+14.08%	+17.11%+15.75%	n/a+16.49%	n/a+18.41%
Max drawdown	DRES PHO	-12.11%-7.48%	-12.11%-13.81%	n/a-19.26%	n/a-28.58%
Max drawdown duration	DRES PHO	87d80d	87d281d	n/a250d	n/a715d

Trading data

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	DRES	PHO
Last sale 11/2/2026 at 6:04 PM	$31.15	$76.29
Previous close 10/30/2026	$30.70	$73.76
Consolidated volume 10/30/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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DRES

is actively managed and doesn’t replicate an index

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	DRES	PHO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/2/2026 at 6:04 PM

Live

Closed

	DRES	PHO
Last price	$31.15	$76.29
1D performance	+1.48%	+3.43%
AuM	$149.81 M	$2.05 B
E/R	0.5%	0.59%

Characteristics

	DRES	PHO
Management strategy	Active	Passive
Provider	GMO	Invesco
Benchmark	-	NASDAQ OMX US Water Index
N° of holdings	38	40
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 1, 2025	December 6, 2005
ESG	No	Yes

More DRES data on Trackinsight

More PHO data on Trackinsight

Exposure

Countries

DRES

USA

94.64%

Other

5.36%

PHO

USA

94.6%

Other

5.4%

Sectors

DRES

Industrials

58.79%

Non-Energy Materi.

23.6%

Energy

10.1%

Other

7.51%

PHO

Industrials

45.59%

Healthcare

19.13%

Non-Energy Materi.

16.41%

Technology

11.97%

Other

6.89%

Diversification

DRES

Total weight of top 15 holdings out of 15

53.08%

PHO

Total weight of top 15 holdings out of 15

73.41%

Top 15 holdings

Data as of September 30, 2026

DRES

Union Pacific Corp.

6.39%

Martin Marietta Materials, Inc.

4.84%

Jacobs Solutions, Inc.

4.24%

Allegion Plc

3.77%

Northrop Grumman Corp.

3.56%

Regal Rexnord Corp.

3.50%

EQT Corp.

3.47%

Carlisle Cos., Inc.

3.30%

Vulcan Materials Co.

3.27%

Eagle Materials, Inc.

2.99%

Huntington Ingalls Industries, Inc.

2.95%

Fluor Corp.

2.77%

Rockwell Automation, Inc.

2.74%

United Rentals, Inc.

2.66%

Acuity, Inc.

2.63%

PHO

Ferguson Enterprises, Inc.

8.41%

Ecolab, Inc.

8.22%

Waters Corp.

7.50%

IDEXX Laboratories, Inc.

6.90%

Roper Technologies, Inc.

6.08%

Agilent Technologies, Inc.

4.74%

Veralto Corp.

4.03%

Trimble, Inc.

3.98%

American Water Works Co., Inc.

3.87%

Xylem, Inc.

3.80%

Pentair plc

3.64%

IDEX Corp.

3.53%

AECOM

3.14%

Jacobs Solutions, Inc.

3.00%

Valmont Industries, Inc.

2.58%

Frequently asked questions about DRES and PHO

How have the DRES and PHO ETFs performed in 2026?

As of October 30, 2026, DRES is up 20.71% year-to-date (YTD), while PHO has returned 5.31%. That puts DRES better performer ahead so far this year.

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

Year-to-date, the DRES ETF saw +$106M in flows, compared to -$126M for PHO.

Which ETF is more volatile: DRES or PHO?

Over the past year, DRES had a volatility of 17.11%, while PHO experienced 15.75%.

Which ETF is bigger: DRES or PHO?

As of October 30, 2026, DRES holds $149.81 M in assets under management (AUM), while PHO manages $2.05 B.

What sectors do the DRES and PHO ETFs invest in?

DRES leans toward sectors like Industrials, Non-Energy Materials and Energy. Meanwhile, PHO focuses on Industrials, Healthcare and Non-Energy Materials.

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

DRES top holdings include Union Pacific Corp., Martin Marietta Materials, Inc. and Jacobs Solutions, Inc.. PHO holds in its top three: Ferguson Enterprises, Inc., Ecolab, Inc. and Waters Corp..

DRESvsPHOETF Comparison

GMO Domestic Resilience ETF

Invesco Water Resources ETF

DRES vs PHO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DRES and PHO ETFs performed in 2026?

As of October 30, 2026, DRES is up 20.71% year-to-date (YTD), while PHO has returned 5.31%. That puts DRES better performer ahead so far this year.

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

Year-to-date, the DRES ETF saw +$106M in flows, compared to -$126M for PHO.

Which ETF is more volatile: DRES or PHO?

Over the past year, DRES had a volatility of 17.11%, while PHO experienced 15.75%.

Which ETF is bigger: DRES or PHO?

As of October 30, 2026, DRES holds $149.81 M in assets under management (AUM), while PHO manages $2.05 B.

What sectors do the DRES and PHO ETFs invest in?

DRES leans toward sectors like Industrials, Non-Energy Materials and Energy. Meanwhile, PHO focuses on Industrials, Healthcare and Non-Energy Materials.

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

DRES top holdings include Union Pacific Corp., Martin Marietta Materials, Inc. and Jacobs Solutions, Inc.. PHO holds in its top three: Ferguson Enterprises, Inc., Ecolab, Inc. and Waters Corp..

Which ETF is more diversified: DRES or PHO?

DRES holds 38 securities with 53.08% of its assets in the top 15. PHO has 40 securities and a top 15 weight of 73.41%.

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