IEO vs. PXD

Last updated Apr 1, 2026

Compare and contrast key facts about iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and Pioneer Natural Resources Company (PXD).

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.

Performance

IEO vs. PXD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and Pioneer Natural Resources Company (PXD). The values are adjusted to include any dividend payments, if applicable.

IEO vs. PXD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEO iShares U.S. Oil & Gas Exploration & Production ETF	40.59%	2.15%	-1.45%	3.57%	57.82%	75.57%	-32.77%	9.63%	-19.44%	0.33%
PXD Pioneer Natural Resources Company	0.00%	0.00%	21.21%	5.03%	39.10%	66.33%	-22.85%	16.08%	-23.77%	-3.96%

Returns By Period

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%

PXD

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

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

Return for Risk

IEO vs. PXD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEO

IEO Risk / Return Rank: 65
IEO Sharpe Ratio Rank: 68
IEO Sortino Ratio Rank: 65
IEO Omega Ratio Rank: 65
IEO Calmar Ratio Rank: 69
IEO Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IEO vs. PXD - 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 Pioneer Natural Resources Company (PXD). 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	PXD	Difference
Sharpe ratio Return per unit of total volatility	1.16	—	—
Sortino ratio Return per unit of downside risk	1.58	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	1.70	—	—
Martin ratio Return relative to average drawdown	5.28	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IEO	PXD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	—	—
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	—	—

Correlation

The correlation between IEO and PXD is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IEO vs. PXD - Dividend Comparison

IEO's dividend yield for the trailing twelve months is around 1.88%, while PXD has not paid dividends to shareholders.

	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%
PXD Pioneer Natural Resources Company	0.00%	0.00%	0.95%	6.21%	11.14%	3.76%	1.93%	0.79%	0.24%	0.05%	0.04%	0.06%

Drawdowns

Drawdown Indicators

	IEO	PXD	Difference
Max Drawdown Largest peak-to-trough decline	-79.17%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-21.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-75.00%	—	—
Current Drawdown Current decline from peak	-3.17%	—	—
Average Drawdown Average peak-to-trough decline	-26.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.06%	—	—

Volatility

Volatility by Period

	IEO	PXD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.50%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.65%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.93%	—	—