IXC vs. PBOG
IXC (iShares Global Energy ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds - IXC tracks the S&P Global 1200 Energy Capped Index while PBOG tracks the BITA Global Oil & Gas Select Index. Both are passively managed. Their 0.98 correlation means they have historically moved very closely together. IXC charges 0.40%/yr vs 0.13%/yr for PBOG.
Performance
IXC vs. PBOG - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with IXC having a 34.71% return and PBOG slightly higher at 35.00%.
IXC
- 1D
- 0.63%
- 1M
- 13.16%
- 6M
- 19.17%
- YTD
- 34.71%
- 1Y
- 45.16%
- 3Y*
- 16.60%
- 5Y*
- 22.34%
- 10Y*
- 10.52%
- ALL TIME*
- 8.52%
PBOG
- 1D
- 0.97%
- 1M
- 16.05%
- 6M
- 20.42%
- YTD
- 35.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $40.96M | $62.51M | $57.88M | |
| $1.29M | $3.21M | $2.88M |
IXC vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IXC iShares Global Energy ETF | 34.71% | 1.23% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 35.00% | 1.39% |
Correlation
The correlation between IXC and PBOG is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.98 |
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Return for Risk
IXC vs. PBOG — Risk / Return Rank
IXC
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IXC vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) 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.
| IXC | 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 | 2.83 | — | — |
| Martin ratioReturn relative to average drawdown | 8.78 | — | — |
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Drawdowns
IXC vs. PBOG - Drawdown Comparison
The maximum IXC drawdown since its inception was -67.88%, which is greater than PBOG's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for IXC and PBOG.
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Drawdown Indicators
| IXC | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.88% | -19.24% | -48.64% |
Max Drawdown (1Y)Largest decline over 1 year | -15.36% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.16% | — | — |
Current DrawdownCurrent decline from peak | -3.05% | -4.85% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -17.42% | -5.21% | -12.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.95% | — | — |
Volatility
IXC vs. PBOG - Volatility Comparison
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Volatility by Period
| IXC | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.61% | 24.21% | -4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.37% | 24.21% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.82% | 24.21% | +2.61% |
IXC vs. PBOG - Expense Ratio Comparison
IXC has a 0.40% expense ratio, which is higher than PBOG's 0.13% expense ratio.
Dividends
IXC vs. PBOG - Dividend Comparison
IXC's dividend yield for the trailing twelve months is around 2.82%, more than PBOG's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXC iShares Global Energy ETF | 2.82% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
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
With a correlation of 0.98, IXC and PBOG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.40% for IXC.
IXC has the higher dividend yield at 2.82%, compared with 0.13% for PBOG.
IXC tracks S&P Global 1200 Energy Capped 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: 0.40% for IXC and 0.13% for PBOG.
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