iShares U.S. Oil Equipment & Services ETF (IEZ) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IEZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IEZ
IEZ charges 0.42% annually. There are 20 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 36.33B | Dec 1998 | IEZ vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | IEZ vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | IEZ vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 408.55M | Nov 2025 | IEZ vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | IEZ vs GXPE |
Best Risk-Adjusted Alternatives to IEZ
IEZ has a PortfoliosLab risk / return rank of 72. There are 16 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | 91 | 540.66M | Nov 2022 | IEZ vs EIPX | |
| VanEck Oil Refiners ETF | 91 | 164.75M | Aug 2015 | IEZ vs CRAK | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 90 | 7.18M | May 2025 | IEZ vs USNG | |
| Invesco Dynamic Oil & Gas Services ETF | 88 | 65.49M | Oct 2005 | IEZ vs PXJ | |
| Bastion Energy ETF | 87 | — | Jun 2025 | IEZ vs BESF |
Top Performing IEZ Alternatives (YTD)
IEZ is at 33.37% YTD. There are 8 ETFs in the Energy Equities category with higher YTD returns, going as high as 42.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Oil & Gas Services ETF | 42.99% | 65.49M | Oct 2005 | IEZ vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 42.13% | — | Jul 2025 | IEZ vs DVXE | |
| VistaShares Electrification Supercycle ETF | 41.57% | 64.26M | Oct 2025 | IEZ vs POW | |
| VanEck Oil Refiners ETF | 40.46% | 164.75M | Aug 2015 | IEZ vs CRAK | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 40.28% | 382.22M | Jun 2006 | IEZ vs XES |
Lowest Volatility Alternatives to IEZ
IEZ has 29.34% 1-year volatility. There are 55 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 10.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | 10.98% | 6.30M | Nov 2023 | IEZ vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.43% | 540.66M | Nov 2022 | IEZ vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.74% | 1.14B | Nov 2022 | IEZ vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.79% | 152.76M | Apr 2024 | IEZ vs MDST | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.31% | 746.33M | Dec 2025 | IEZ vs MLPI |
Lowest Drawdown Alternatives to IEZ
IEZ has a 1-year max drawdown of -20.34%. There are 44 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 540.66M | Nov 2022 | IEZ vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | IEZ vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.14B | Nov 2022 | IEZ vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | -6.74% | 152.76M | Apr 2024 | IEZ vs MDST | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.18M | May 2025 | IEZ vs USNG |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | IEZ vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -26.32% | 46.82B | Jan 2024 | IEZ vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 94 | 88.79% | 47.60B | Jul 2001 | IEZ vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.84% | 894.38B | May 2000 | IEZ vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | -1.35% | 42.18B | Jul 2002 | IEZ vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 83 | 11.23% | 42.05B | Jun 2014 | IEZ vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 29 | -17.46% | 28.37B | Apr 2006 | IEZ vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 24 | -6.04% | 60.94B | Jan 2005 | IEZ vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 68 | 20.14% | 83.34B | May 2000 | IEZ vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 65 | 11.64% | 33.36B | Mar 2008 | IEZ vs ACWI |
Often Compared With IEZ
Investors most often compare IEZ with XOP, FCG, EZU. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare IEZ with Any Fund or Stock
Compare IEZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IEZ with funds that move differently
iShares U.S. Oil Equipment & Services ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IEZ.
Explore IEZ Diversifiers