IEO vs. VTI

Last updated Jun 13, 2026

IEO (iShares U.S. Oil & Gas Exploration & Production ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - IEO is a Energy Equities fund tracking the Dow Jones U.S. Select Oil Exploration & Production Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, IEO returned 10.15%/yr vs 15.02%/yr for VTI. A 0.58 correlation means they provide meaningful diversification when combined. IEO charges 0.42%/yr vs 0.03%/yr for VTI.

Performance

IEO vs. VTI - 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 Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEO achieves a 30.41% return, which is significantly higher than VTI's 9.62% return. Over the past 10 years, IEO has underperformed VTI with an annualized return of 10.15%, while VTI has yielded a comparatively higher 15.02% annualized return.

IEO

• 1D: 1.19%
• 1M: -0.42%
• YTD: 30.41%
• 6M: 25.27%
• 1Y: 30.21%
• 3Y*: 14.23%
• 5Y*: 18.26%
• 10Y*: 10.15%

VTI

• 1D: 0.57%
• 1M: 0.45%
• YTD: 9.62%
• 6M: 9.69%
• 1Y: 24.78%
• 3Y*: 20.60%
• 5Y*: 12.20%
• 10Y*: 15.02%

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

IEO vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEO iShares U.S. Oil & Gas Exploration & Production ETF	30.41%	2.15%	-1.45%	3.57%	57.82%	75.57%	-32.77%	9.63%	-19.44%	0.33%
VTI Vanguard Total Stock Market ETF	9.62%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between IEO and VTI is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since May 5, 2006	0.58

The correlation between IEO and VTI shifts across timeframes, from -0.09 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.

IEO vs. VTI - Sectors Allocation Comparison

Sectors	IEO	VTI
Energy	99.3%	3.7%
Basic Materials	0.7%	2.0%
Communication Services	-	10.3%
Consumer Cyclical	-	10.0%
Consumer Defensive	-	4.7%
Financial Services	-	12.0%
Healthcare	-	9.2%
Industrials	-	9.8%
Real Estate	-	2.4%
Technology	-	33.5%
Utilities	-	2.3%

Return for Risk

IEO vs. VTI — Risk / Return Rank

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

IEO

IEO Risk / Return Rank: 39
IEO Sharpe Ratio Rank: 38
IEO Sortino Ratio Rank: 35
IEO Omega Ratio Rank: 34
IEO Calmar Ratio Rank: 49
IEO Martin Ratio Rank: 39

VTI

VTI Risk / Return Rank: 70
VTI Sharpe Ratio Rank: 70
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 69
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 76

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. VTI - 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 Vanguard Total Stock Market ETF (VTI). 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.

	IEO	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.97	-0.77
Sortino ratio: Return per unit of downside risk	1.66	2.67	-1.01
Omega ratio: Gain probability vs. loss probability	1.20	1.35	-0.15
Calmar ratio: Return relative to maximum drawdown	2.12	2.79	-0.67
Martin ratio: Return relative to average drawdown	5.49	12.52	-7.03

IEO vs. VTI - Sharpe Ratio Comparison

The current IEO Sharpe Ratio is 1.20, which is lower than the VTI Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of IEO and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IEO vs. VTI - Drawdown Comparison

The maximum IEO drawdown since its inception was -79.17%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for IEO and VTI.

Drawdown Indicators

	IEO	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-79.17%	-55.45%	-23.72%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-8.92%	-5.38%
Max Drawdown (3Y) Largest decline over 3 years	-31.46%	-19.30%	-12.16%
Max Drawdown (5Y) Largest decline over 5 years	-31.46%	-25.36%	-6.10%
Max Drawdown (10Y) Largest decline over 10 years	-75.00%	-35.00%	-40.00%
Current Drawdown Current decline from peak	-10.18%	-2.14%	-8.04%
Average Drawdown Average peak-to-trough decline	-26.24%	-8.02%	-18.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.52%	1.99%	+3.53%

Volatility

IEO vs. VTI - Volatility Comparison

iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a higher volatility of 8.62% compared to Vanguard Total Stock Market ETF (VTI) at 4.50%. This indicates that IEO's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEO	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.62%	4.50%	+4.12%
Volatility (6M) Calculated over the trailing 6-month period	20.33%	9.82%	+10.51%
Volatility (1Y) Calculated over the trailing 1-year period	25.36%	12.64%	+12.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.61%	17.47%	+13.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.99%	18.33%	+16.66%

IEO vs. VTI - Expense Ratio Comparison

IEO has a 0.42% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

IEO vs. VTI - Dividend Comparison

IEO's dividend yield for the trailing twelve months is around 2.03%, more than VTI's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEO iShares U.S. Oil & Gas Exploration & Production ETF	2.03%	2.61%	2.63%	3.00%	3.77%	2.62%	3.17%	1.85%	1.67%	0.94%	0.98%	2.03%
VTI Vanguard Total Stock Market ETF	1.03%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both IEO and VTI in my portfolio?

IEO and VTI have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEO or VTI?

IEO has higher volatility (8.62%) compared to VTI (4.50%). In terms of maximum drawdown, IEO dropped -79.17% vs VTI's -55.45%.

Which ETF is better, IEO or VTI?

On 10-year performance, VTI leads with 15.02% vs 10.15% for IEO. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IEO or VTI?

Over the 10-year period, VTI has performed better with a 15.02% return vs 10.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IEO or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.42% for IEO.

Which ETF pays a higher dividend yield, IEO or VTI?

IEO has the higher dividend yield at 2.03%, compared with 1.03% for VTI.

What is the main difference between IEO and VTI?

IEO is categorized as Energy Equities, while VTI is Large Cap Blend Equities. IEO tracks Dow Jones U.S. Select Oil Exploration & Production Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.42% for IEO and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.97 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.