IEO vs. PXD
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEO or PXD.
Key characteristics
IEO | PXD | |
---|---|---|
YTD Return | 12.73% | 21.21% |
1Y Return | 30.71% | 38.76% |
3Y Return (Ann) | 28.63% | 28.79% |
5Y Return (Ann) | 16.34% | 17.73% |
10Y Return (Ann) | 3.80% | 5.69% |
Sharpe Ratio | 1.56 | 1.57 |
Daily Std Dev | 20.67% | 22.39% |
Max Drawdown | -79.17% | -88.30% |
Current Drawdown | -6.68% | -2.14% |
Correlation
The correlation between IEO and PXD is 0.84, 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.
Performance
IEO vs. PXD - Performance Comparison
In the year-to-date period, IEO achieves a 12.73% return, which is significantly lower than PXD's 21.21% return. Over the past 10 years, IEO has underperformed PXD with an annualized return of 3.80%, while PXD has yielded a comparatively higher 5.69% 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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Risk-Adjusted Performance
IEO vs. PXD - 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 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.
Dividends
IEO vs. PXD - Dividend Comparison
IEO's dividend yield for the trailing twelve months is around 2.50%, less than PXD's 4.06% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Pioneer Natural Resources Company | 4.06% | 6.21% | 11.14% | 3.76% | 1.93% | 0.79% | 0.24% | 0.04% | 0.04% | 0.05% | 0.05% | 0.04% |
Drawdowns
IEO vs. PXD - Drawdown Comparison
The maximum IEO drawdown since its inception was -79.17%, smaller than the maximum PXD drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for IEO and PXD. For additional features, visit the drawdowns tool.
Volatility
IEO vs. PXD - Volatility Comparison
iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a higher volatility of 5.78% compared to Pioneer Natural Resources Company (PXD) at 3.88%. This indicates that IEO's price experiences larger fluctuations and is considered to be riskier than PXD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.