IEO vs. BKGI
Compare and contrast key facts about iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and Bny Mellon Global Infrastructure Income ETF (BKGI).
IEO and BKGI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEO is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Oil Exploration & Production Index. It was launched on May 5, 2006. BKGI is an actively managed fund by BNY Mellon. It was launched on Nov 2, 2022.
Performance
IEO vs. BKGI - Performance Comparison
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IEO vs. BKGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 40.59% | 2.15% | -1.45% | 3.57% | -7.82% |
BKGI Bny Mellon Global Infrastructure Income ETF | 10.41% | 37.53% | 12.35% | 9.72% | 8.54% |
Returns By Period
In the year-to-date period, IEO achieves a 40.59% return, which is significantly higher than BKGI's 10.41% return.
IEO
- 1D
- -1.57%
- 1M
- 15.77%
- YTD
- 40.59%
- 6M
- 36.46%
- 1Y
- 35.31%
- 3Y*
- 16.25%
- 5Y*
- 23.38%
- 10Y*
- 12.05%
BKGI
- 1D
- 1.11%
- 1M
- -3.70%
- YTD
- 10.41%
- 6M
- 15.93%
- 1Y
- 32.81%
- 3Y*
- 21.60%
- 5Y*
- —
- 10Y*
- —
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IEO vs. BKGI - Expense Ratio Comparison
IEO has a 0.42% expense ratio, which is lower than BKGI's 0.65% expense ratio.
Return for Risk
IEO vs. BKGI — Risk / Return Rank
IEO
BKGI
IEO vs. BKGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and Bny Mellon Global Infrastructure Income ETF (BKGI). 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.
| IEO | BKGI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 2.25 | -1.08 |
Sortino ratioReturn per unit of downside risk | 1.58 | 2.84 | -1.25 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.46 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 3.13 | -1.44 |
Martin ratioReturn relative to average drawdown | 5.28 | 15.90 | -10.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IEO | BKGI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 2.25 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.66 | -1.48 |
Correlation
The correlation between IEO and BKGI is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IEO vs. BKGI - Dividend Comparison
IEO's dividend yield for the trailing twelve months is around 1.88%, less than BKGI's 2.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 1.88% | 2.61% | 2.63% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% |
BKGI Bny Mellon Global Infrastructure Income ETF | 2.40% | 2.65% | 4.55% | 4.55% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IEO vs. BKGI - Drawdown Comparison
The maximum IEO drawdown since its inception was -79.17%, which is greater than BKGI's maximum drawdown of -14.79%. Use the drawdown chart below to compare losses from any high point for IEO and BKGI.
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Drawdown Indicators
| IEO | BKGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.17% | -14.79% | -64.38% |
Max Drawdown (1Y)Largest decline over 1 year | -21.95% | -10.35% | -11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -31.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -75.00% | — | — |
Current DrawdownCurrent decline from peak | -3.17% | -3.76% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -26.43% | -2.60% | -23.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.06% | 2.04% | +5.02% |
Volatility
IEO vs. BKGI - Volatility Comparison
iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a higher volatility of 6.23% compared to Bny Mellon Global Infrastructure Income ETF (BKGI) at 4.74%. This indicates that IEO's price experiences larger fluctuations and is considered to be riskier than BKGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEO | BKGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 4.74% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.31% | 7.91% | +9.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.50% | 14.67% | +15.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.65% | 14.07% | +16.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.93% | 14.07% | +20.86% |