IEZ vs. PBOG
IEZ (iShares U.S. Oil Equipment & Services ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds - IEZ tracks the Dow Jones U.S. Select Oil Equipment & Services Index while PBOG tracks the BITA Global Oil & Gas Select Index. Both are passively managed. Their 0.55 correlation means they have sometimes moved together and sometimes differently. IEZ charges 0.42%/yr vs 0.13%/yr for PBOG.
Performance
IEZ vs. PBOG - Performance Comparison
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Returns By Period
In the year-to-date period, IEZ achieves a 35.92% return, which is significantly higher than PBOG's 31.21% return.
IEZ
- 1D
- 2.54%
- 1M
- 9.13%
- 6M
- 8.39%
- YTD
- 35.92%
- 1Y
- 63.51%
- 3Y*
- 7.53%
- 5Y*
- 18.66%
- 10Y*
- -1.17%
- ALL TIME*
- -1.80%
PBOG
- 1D
- -1.42%
- 1M
- 12.79%
- 6M
- 16.27%
- YTD
- 31.21%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.10M | $5.32M | $13.27M | |
| $1.26M | $1.22M | $2.87M |
IEZ vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IEZ iShares U.S. Oil Equipment & Services ETF | 35.92% | 2.61% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 31.21% | 1.39% |
Correlation
The correlation between IEZ and PBOG is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.55 |
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Return for Risk
IEZ vs. PBOG — Risk / Return Rank
IEZ
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IEZ vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Oil Equipment & Services ETF (IEZ) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). 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.
| IEZ | PBOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | — | — |
| Martin ratioReturn relative to average drawdown | 9.47 | — | — |
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Drawdowns
IEZ vs. PBOG - Drawdown Comparison
The maximum IEZ drawdown since its inception was -92.52%, which is greater than PBOG's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for IEZ and PBOG.
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Drawdown Indicators
| IEZ | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.52% | -19.24% | -73.28% |
Max Drawdown (1Y)Largest decline over 1 year | -20.34% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -40.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.25% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -88.29% | — | — |
Current DrawdownCurrent decline from peak | -55.14% | -7.52% | -47.62% |
Average DrawdownAverage peak-to-trough decline | -48.31% | -5.23% | -43.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.73% | — | — |
Volatility
IEZ vs. PBOG - Volatility Comparison
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Volatility by Period
| IEZ | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.61% | 24.22% | +4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.87% | 24.22% | +11.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.46% | 24.22% | +17.24% |
IEZ vs. PBOG - Expense Ratio Comparison
IEZ has a 0.42% expense ratio, which is higher than PBOG's 0.13% expense ratio.
Dividends
IEZ vs. PBOG - Dividend Comparison
IEZ's dividend yield for the trailing twelve months is around 1.22%, more than PBOG's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEZ iShares U.S. Oil Equipment & Services ETF | 1.22% | 1.87% | 1.76% | 0.97% | 0.65% | 1.20% | 2.07% | 2.28% | 1.81% | 3.42% | 0.91% | 2.40% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 0.13% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IEZ and PBOG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBOG is cheaper with a 0.13% expense ratio, compared with 0.42% for IEZ.
IEZ has the higher dividend yield at 1.22%, compared with 0.13% for PBOG.
IEZ tracks Dow Jones U.S. Select Oil Equipment & Services Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: iShares and Portfolio Building Block. Their fees differ too: 0.42% for IEZ and 0.13% for PBOG.
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