BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

PHOvsDRESETF Comparison

ETF 1

PHO

Invesco Water Resources ETF

This fund is part of

Natural Resources

-1.5%

Full PHO fund page

VS

ETF 2

DRES

GMO Domestic Resilience ETF

This fund is part of

US Multi-Factor

-0.71%

Full DRES fund page

Invesco Water Resources ETF (PHO) belongs to the Natural Resources segment. GMO Domestic Resilience ETF (DRES) is part of the US Multi-Factor segment. PHO's top 3 sector exposures are Industrials, Healthcare and Non-Energy Materials. In contrast, DRES's top sector exposures are Industrials, Non-Energy Materials and Energy. PHO is more expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.5% for DRES. PHO is down -3.02% year-to-date (YTD) with -$105M in YTD flows. DRES performs better with 15.53% YTD performance, and +$1M in YTD flows. Run a side-by-side ETF comparison of PHO and DRES below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

PHO vs DRES performance and flow charts

Performance

Cumulative Flows

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

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 09/10/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PHO DRES	-7.11%-6.88%	+3.63%-1.94%	-3.02%+15.53%	-3.49%n/a	+25.66%n/a	+19.34%n/a
Flows	PHO DRES	-$30M+$311K	-$90M-$3K	-$105M+$1M	-$206M-	-$333M-	-$416M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PHO DRES	+17.65%+14.93%	+15.97%n/a	+16.66%n/a	+18.45%n/a
Max drawdown	PHO DRES	-7.22%-8.05%	-13.83%n/a	-19.26%n/a	-28.58%n/a
Max drawdown duration	PHO DRES	32d37d	324dn/a	250dn/a	715dn/a

Trading data

Create an account to view trading data

Join for free

	PHO	DRES
Last sale 9/11/2026 at 3:59 PM	$68.59	$29.51
Previous close 09/10/2026	$68.07	$29.45
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

DRES

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

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

Main metrics

Last update 9/11/2026 at 3:59 PM

Live

Closed

	PHO	DRES
Last price	$68.59	$29.51
1D performance	+0.76%	+0.20%
AuM	$1.91 B	$35.31 M
E/R	0.59%	0.5%

Characteristics

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

More PHO data on Trackinsight

More DRES data on Trackinsight

Exposure

Countries

PHO

USA

95.25%

Other

4.75%

DRES

USA

94.5%

Other

5.5%

Sectors

PHO

Industrials

45.27%

Healthcare

17.07%

Non-Energy Materi.

15.54%

Technology

14.66%

Utilities

7.47%

Other

0%

DRES

Industrials

56.86%

Non-Energy Materi.

23.27%

Energy

9.91%

Other

9.96%

Diversification

PHO

Total weight of top 15 holdings out of 15

73.01%

DRES

Total weight of top 15 holdings out of 15

54.07%

Top 15 holdings

Data as of July 31, 2026

PHO

Roper Technologies, Inc.

9.37%

Ecolab, Inc.

8.29%

Waters Corp.

6.69%

Ferguson Enterprises, Inc.

6.57%

IDEXX Laboratories, Inc.

6.51%

Veralto Corp.

4.49%

American Water Works Co., Inc.

4.19%

Xylem, Inc.

4.17%

Agilent Technologies, Inc.

3.87%

IDEX Corp.

3.61%

Jacobs Solutions, Inc.

3.33%

Pentair plc

3.17%

AECOM

3.01%

Trimble, Inc.

2.94%

Advanced Drainage Systems, Inc.

2.80%

DRES

Union Pacific Corp.

6.19%

Carlisle Cos., Inc.

3.88%

Jacobs Solutions, Inc.

3.78%

Fluor Corp.

3.65%

ConocoPhillips

3.58%

Martin Marietta Materials, Inc.

3.58%

Allegion Plc

3.50%

Northrop Grumman Corp.

3.47%

WillScot Holdings Corp.

3.45%

Clean Harbors, Inc.

3.43%

Vulcan Materials Co.

3.36%

Huntington Ingalls Industries, Inc.

3.34%

Acuity, Inc.

2.98%

EQT Corp.

2.96%

Eagle Materials, Inc.

2.92%

Frequently asked questions about PHO and DRES

How have the PHO and DRES ETFs performed in 2026?

As of September 10, 2026, PHO is down -3.02% year-to-date (YTD), while DRES has returned 15.53%. That puts DRES better performer ahead so far this year.

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

Year-to-date, the PHO ETF saw -$105M in flows, compared to +$1M for DRES.

Which ETF is bigger: PHO or DRES?

As of September 10, 2026, PHO holds $1.91 B in assets under management (AUM), while DRES manages $35.31 M.

What sectors do the PHO and DRES ETFs invest in?

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

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

PHO top holdings include Roper Technologies, Inc., Ecolab, Inc. and Waters Corp.. DRES holds in its top three: Union Pacific Corp., Carlisle Cos., Inc. and Jacobs Solutions, Inc..

PHOvsDRESETF Comparison

Invesco Water Resources ETF

GMO Domestic Resilience ETF

PHO vs DRES 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 PHO and DRES ETFs performed in 2026?

As of September 10, 2026, PHO is down -3.02% year-to-date (YTD), while DRES has returned 15.53%. That puts DRES better performer ahead so far this year.

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

Year-to-date, the PHO ETF saw -$105M in flows, compared to +$1M for DRES.

Which ETF is bigger: PHO or DRES?

As of September 10, 2026, PHO holds $1.91 B in assets under management (AUM), while DRES manages $35.31 M.

What sectors do the PHO and DRES ETFs invest in?

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

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

PHO top holdings include Roper Technologies, Inc., Ecolab, Inc. and Waters Corp.. DRES holds in its top three: Union Pacific Corp., Carlisle Cos., Inc. and Jacobs Solutions, Inc..

Which ETF is more diversified: PHO or DRES?

PHO holds 40 securities with 73.01% of its assets in the top 15. DRES has 38 securities and a top 15 weight of 54.07%.

Could Water ETFs Be the Next AI Bottleneck Trade?

There's an ETF for that? The 3 Best ETFs for Investing in Water

3 Water ETFs for Thirsty Investors

Expert-Built ETF Portfolios, All in One Place