EINC vs. PBOG

Last updated Aug 4, 2026

EINC (VanEck Energy Income ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds - EINC tracks the MVIS North America Energy Infrastructure Index while PBOG tracks the BITA Global Oil & Gas Select Index. Both are passively managed. Their 0.64 correlation means they have sometimes moved together and sometimes differently. EINC charges 0.46%/yr vs 0.13%/yr for PBOG.

Performance

EINC vs. PBOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Energy Income ETF (EINC) 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

In the year-to-date period, EINC achieves a 27.20% return, which is significantly lower than PBOG's 33.10% return.

EINC

• 1D: -1.08%
• 1M: 2.56%
• 6M: 20.49%
• YTD: 27.20%
• 1Y: 29.08%
• 3Y*: 27.42%
• 5Y*: 22.70%
• 10Y*: 11.27%
• ALL TIME*: 0.99%

PBOG

• 1D: -1.41%
• 1M: 14.41%
• 6M: 21.05%
• YTD: 33.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EINC VanEck Energy Income ETF	$731.46K	$2.80M	$2.24M
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	$1.29M	$1.24M	$2.88M

EINC vs. PBOG - Yearly Performance Comparison

	2026 (YTD)	2025
EINC VanEck Energy Income ETF	27.20%	2.07%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	33.10%	1.39%

Correlation

The correlation between EINC and PBOG is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025	0.64

Return for Risk

EINC vs. PBOG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EINC

EINC Risk / Return Rank: 79
EINC Sharpe Ratio Rank: 80
EINC Sortino Ratio Rank: 77
EINC Omega Ratio Rank: 77
EINC Calmar Ratio Rank: 88
EINC Martin Ratio Rank: 71

PBOG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EINC vs. PBOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) 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.

	EINC	PBOG	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.58	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.70	—	—
Martin ratio: Return relative to average drawdown	9.02	—	—

Drawdowns

EINC vs. PBOG - Drawdown Comparison

The maximum EINC drawdown since its inception was -87.55%, which is greater than PBOG's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for EINC and PBOG.

Drawdown Indicators

	EINC	PBOG	Difference
Max Drawdown Largest peak-to-trough decline	-87.55%	-19.24%	-68.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.85%	—	—
Current Drawdown Current decline from peak	-3.57%	-6.19%	+2.62%
Average Drawdown Average peak-to-trough decline	-43.83%	-5.22%	-38.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	—	—

Volatility

Volatility by Period

	EINC	PBOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	24.22%	-8.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.49%	24.22%	-4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.33%	24.22%	+1.11%

EINC vs. PBOG - Expense Ratio Comparison

EINC has a 0.46% expense ratio, which is higher than PBOG's 0.13% expense ratio.

Dividends

EINC vs. PBOG - Dividend Comparison

EINC's dividend yield for the trailing twelve months is around 4.23%, more than PBOG's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	4.23%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	0.13%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EINC and PBOG in my portfolio?

EINC and PBOG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EINC 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, EINC or PBOG?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.46% for EINC.

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

EINC has the higher dividend yield at 4.23%, compared with 0.13% for PBOG.

What is the main difference between EINC and PBOG?

EINC tracks MVIS North America Energy Infrastructure Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: VanEck and Portfolio Building Block. Their fees differ too: 0.46% for EINC and 0.13% for PBOG.