IEO vs. IOO
Compare and contrast key facts about iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and iShares Global 100 ETF (IOO).
IEO and IOO 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. IOO is a passively managed fund by iShares that tracks the performance of the S&P Global 100 Index. It was launched on Dec 5, 2000. Both IEO and IOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEO or IOO.
Key characteristics
| IEO | IOO | |
|---|---|---|
| YTD Return | 12.73% | 15.06% |
| 1Y Return | 30.71% | 27.51% |
| 3Y Return (Ann) | 28.63% | 12.12% |
| 5Y Return (Ann) | 16.34% | 16.11% |
| 10Y Return (Ann) | 3.80% | 11.44% |
| Sharpe Ratio | 1.56 | 2.34 |
| Daily Std Dev | 20.67% | 12.21% |
| Max Drawdown | -79.17% | -55.85% |
| Current Drawdown | -6.68% | -0.22% |
Correlation
The correlation between IEO and IOO is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IEO vs. IOO - Performance Comparison
In the year-to-date period, IEO achieves a 12.73% return, which is significantly lower than IOO's 15.06% return. Over the past 10 years, IEO has underperformed IOO with an annualized return of 3.80%, while IOO has yielded a comparatively higher 11.44% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IEO vs. IOO - Expense Ratio Comparison
IEO has a 0.42% expense ratio, which is higher than IOO's 0.40% expense ratio.
Risk-Adjusted Performance
IEO vs. IOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and iShares Global 100 ETF (IOO). 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.
Dividends
IEO vs. IOO - Dividend Comparison
IEO's dividend yield for the trailing twelve months is around 2.50%, more than IOO's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 2.50% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% | 1.30% | 0.88% |
IOO iShares Global 100 ETF | 1.30% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% | 3.52% | 2.37% |
Drawdowns
IEO vs. IOO - Drawdown Comparison
The maximum IEO drawdown since its inception was -79.17%, which is greater than IOO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for IEO and IOO. For additional features, visit the drawdowns tool.
Volatility
IEO vs. IOO - Volatility Comparison
iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a higher volatility of 5.78% compared to iShares Global 100 ETF (IOO) at 3.97%. This indicates that IEO's price experiences larger fluctuations and is considered to be riskier than IOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.