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GMOCvsDFNMETF Comparison

ETF 1

GMOC

GMO Ultra-Short Income ETF

This fund is part of

US Aggregate Bonds

+0.03%

Full GMOC fund page

VS

ETF 2

DFNM

Dimensional National Municipal Bond ETF

This fund is part of

Municipal Bonds

-0%

Full DFNM fund page

GMO Ultra-Short Income ETF (GMOC) belongs to the US Aggregate Bonds segment. Dimensional National Municipal Bond ETF (DFNM) is part of the Municipal Bonds segment. GMOC's top 3 sector exposures are Sovereign, Industrials and Government Agencies. In contrast, DFNM's top sector exposures are Municipal. GMOC is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.18% for DFNM. GMOC is up 3.26% year-to-date (YTD) with +$27M in YTD flows. DFNM performs worse with -1% YTD performance, and +$360M in YTD flows. Run a side-by-side ETF comparison of GMOC and DFNM 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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GMOC vs DFNM 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 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	GMOC DFNM	+0.40%+0.02%	+1.03%-2.31%	+3.26%-1.00%	n/a-0.15%	n/a+9.22%	n/an/a
Flows	GMOC DFNM	+$2M-$35M	+$2M+$41M	+$27M+$360M	-+$562M	-+$1.29B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	GMOC DFNM	+0.21%+3.59%	n/a+2.20%	n/a+2.31%	n/an/a
Max drawdown	GMOC DFNM	-0.01%-4.26%	n/a-4.56%	n/a-4.56%	n/an/a
Max drawdown duration	GMOC DFNM	4d92d	n/a101d	n/a101d	n/an/a

Trading data

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	GMOC	DFNM
Last sale 10/16/2026 at 1:30 PM	$50.14	$46.71
Previous close 10/15/2026	$50.13	$46.71
Consolidated volume 10/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	GMOC	DFNM
Last price	$50.14	$46.71
1D performance	+0.02%	+0.00%
AuM	$34.47 M	$2.22 B
E/R	0.2%	0.18%

Characteristics

	GMOC	DFNM
Management strategy	Active	Active
Provider	GMO	Dimensional
Benchmark	-	-
N° of holdings	19	259
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	October 27, 2025	November 15, 2021
ESG	No	No

More GMOC data on Trackinsight

More DFNM data on Trackinsight

Exposure

Countries

GMOC

USA

27.87%

Other

72.13%

DFNM

USA

30.25%

Other

69.75%

Sectors

GMOC

Sovereign

25.94%

Other

74.06%

DFNM

Municipal

30.25%

Other

69.75%

Diversification

GMOC

Total weight of top 15 holdings out of 15

61.58%

DFNM

Total weight of top 15 holdings out of 15

8.59%

Top 15 holdings

Data as of August 31, 2026

GMOC

US94949GAW15

7.64%

US48249VBE02

5.10%

US95023AAL44

4.95%

US69702EAJ47

4.65%

US87167NDL64

4.42%

US05684GAQ91

4.21%

USA, Notes 3.5% 31jan2028, USD (U-2028)

4.03%

USA, Notes 3.875% 31dec2027, USD (AH-2027)

4.01%

US39809TAW71

3.95%

USA, Notes 3.375% 30nov2027, USD (BL-2027)

3.46%

US92332NBC83

3.37%

US07132JBL70

3.19%

USA, Notes 3.5% 30sep2027, USD (BH-2027)

3.12%

USA, Notes 3.625% 31aug2027, USD (BG-2027)

2.86%

USA, Notes FRN 31jul2028, USD (BF-2028)

2.63%

DFNM

County of Hudson, 4% 24feb2027, USD (2026)

0.80%

Revere, 4% 29jul2027, USD

0.72%

US692160VQ47

0.67%

City of Somerville (MA), 4% 28may2027, USD

0.67%

Hoboken, 4% 8mar2027, USD (2026)

0.67%

US562333SJ48

0.59%

US594712ZC81

0.58%

US609561SR73

0.51%

Maryland, 5% 1jun2037, USD (2025)

0.49%

US650028F992

0.49%

New Mexico, 5% 1mar2027, USD (2026)

0.49%

US686507NU45

0.48%

US30382AMM17

0.48%

US59333FR362

0.46%

Charleston School District, 5% 6may2027, USD (2026A)

0.46%

Frequently asked questions about GMOC and DFNM

How have the GMOC and DFNM ETFs performed in 2026?

As of October 16, 2026, GMOC is up 3.26% year-to-date (YTD), while DFNM has lost -1%. That puts GMOC better performer ahead so far this year.

Which ETF is attracting more investor money: GMOC or DFNM?

Year-to-date, the GMOC ETF saw +$27M in flows, compared to +$360M for DFNM.

Which ETF is bigger: GMOC or DFNM?

As of October 16, 2026, GMOC holds $34.47 M in assets under management (AUM), while DFNM manages $2.22 B.

What sectors do the GMOC and DFNM ETFs invest in?

GMOC leans toward sectors like Sovereign. Meanwhile, DFNM focuses on Municipal.

What are the top holdings of the GMOC ETF and DFNM ETF?

GMOC top holdings include US94949GAW15, US48249VBE02 and US95023AAL44. DFNM holds in its top three: County of Hudson, 4% 24feb2027, USD (2026), Revere, 4% 29jul2027, USD and US692160VQ47.

GMOCvsDFNMETF Comparison

GMO Ultra-Short Income ETF

Dimensional National Municipal Bond ETF

GMOC vs DFNM 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 GMOC and DFNM ETFs performed in 2026?

As of October 16, 2026, GMOC is up 3.26% year-to-date (YTD), while DFNM has lost -1%. That puts GMOC better performer ahead so far this year.

Which ETF is attracting more investor money: GMOC or DFNM?

Year-to-date, the GMOC ETF saw +$27M in flows, compared to +$360M for DFNM.

Which ETF is bigger: GMOC or DFNM?

As of October 16, 2026, GMOC holds $34.47 M in assets under management (AUM), while DFNM manages $2.22 B.

What sectors do the GMOC and DFNM ETFs invest in?

GMOC leans toward sectors like Sovereign. Meanwhile, DFNM focuses on Municipal.

What are the top holdings of the GMOC ETF and DFNM ETF?

GMOC top holdings include US94949GAW15, US48249VBE02 and US95023AAL44. DFNM holds in its top three: County of Hudson, 4% 24feb2027, USD (2026), Revere, 4% 29jul2027, USD and US692160VQ47.

Which ETF is more diversified: GMOC or DFNM?

GMOC holds 57 securities with 61.58% of its assets in the top 15. DFNM has 1198 securities and a top 15 weight of 8.59%.

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