BPH vs. PBOG

Last updated Jun 23, 2026

BPH (BP p.l.c. ADRhedged ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds. BPH is actively managed, while PBOG is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. BPH charges 0.19%/yr vs 0.13%/yr for PBOG.

Performance

BPH vs. PBOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BP p.l.c. ADRhedged ETF (BPH) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BPH

• 1D: 1.34%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PBOG

• 1D: 1.27%
• 1M: -9.96%
• YTD: 20.03%
• 6M: 21.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BPH vs. PBOG - Yearly Performance Comparison

	2026 (YTD)
BPH BP p.l.c. ADRhedged ETF	-5.01%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	-9.96%

Correlation

The correlation between BPH and PBOG is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.84

Return for Risk

BPH vs. PBOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. ADRhedged ETF (BPH) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BPH vs. PBOG - Drawdown Comparison

The maximum BPH drawdown since its inception was -9.43%, smaller than the maximum PBOG drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for BPH and PBOG.

Drawdown Indicators

	BPH	PBOG	Difference
Max Drawdown Largest peak-to-trough decline	-9.43%	-16.46%	+7.03%
Current Drawdown Current decline from peak	-8.21%	-15.40%	+7.19%
Average Drawdown Average peak-to-trough decline	-2.89%	-3.78%	+0.89%

Volatility

Volatility by Period

	BPH	PBOG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.73%	24.04%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.73%	24.04%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.73%	24.04%	+0.69%

BPH vs. PBOG - Expense Ratio Comparison

BPH has a 0.19% expense ratio, which is higher than PBOG's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BPH vs. PBOG - Dividend Comparison

BPH's dividend yield for the trailing twelve months is around 0.53%, more than PBOG's 0.14% yield.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.53%	0.00%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	0.14%	0.17%

Frequently Asked Questions

Can I hold both BPH and PBOG in my portfolio?

BPH and PBOG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BPH or PBOG?

On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BPH or PBOG?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.19% for BPH.

Which ETF pays a higher dividend yield, BPH or PBOG?

BPH has the higher dividend yield at 0.53%, compared with 0.14% for PBOG.

What is the main difference between BPH and PBOG?

They also come from different issuers: Precidian and Portfolio Building Blocks. Their fees differ too: 0.19% for BPH and 0.13% for PBOG.