IYE vs. PBOG
IYE (iShares U.S. Energy ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both exchange-traded funds - IYE is a Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index, while PBOG is a Oil & Gas fund tracking the BITA Global Oil & Gas Select Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. IYE charges 0.42%/yr vs 0.13%/yr for PBOG.
Performance
IYE vs. PBOG - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with IYE having a 31.90% return and PBOG slightly higher at 32.22%.
IYE
- 1D
- 1.33%
- 1M
- -1.02%
- YTD
- 31.90%
- 6M
- 29.37%
- 1Y
- 44.08%
- 3Y*
- 17.12%
- 5Y*
- 19.52%
- 10Y*
- 9.00%
PBOG
- 1D
- 1.23%
- 1M
- -2.32%
- YTD
- 32.22%
- 6M
- 29.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYE vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYE iShares U.S. Energy ETF | 31.90% | 1.55% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 32.22% | 1.62% |
Correlation
The correlation between IYE and PBOG is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025 | 0.93 |
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Return for Risk
IYE vs. PBOG — Risk / Return Rank
IYE
PBOG
IYE vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Energy ETF (IYE) 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.
| IYE | 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 | 3.72 | — | — |
| Martin ratioReturn relative to average drawdown | 10.99 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IYE | PBOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 3.31 | -3.05 |
Drawdowns
IYE vs. PBOG - Drawdown Comparison
The maximum IYE drawdown since its inception was -73.74%, which is greater than PBOG's maximum drawdown of -11.45%. Use the drawdown chart below to compare losses from any high point for IYE and PBOG.
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Drawdown Indicators
| IYE | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.74% | -11.45% | -62.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.59% | — | — |
Current DrawdownCurrent decline from peak | -5.77% | -6.81% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -19.36% | -3.10% | -16.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | — | — |
Volatility
IYE vs. PBOG - Volatility Comparison
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Volatility by Period
| IYE | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.13% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.99% | 23.67% | -3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.71% | 23.67% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.52% | 23.67% | +5.85% |
IYE vs. PBOG - Expense Ratio Comparison
IYE has a 0.42% expense ratio, which is higher than PBOG's 0.13% expense ratio.
Dividends
IYE vs. PBOG - Dividend Comparison
IYE's dividend yield for the trailing twelve months is around 2.13%, more than PBOG's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYE iShares U.S. Energy ETF | 2.13% | 2.85% | 2.75% | 2.99% | 3.37% | 2.98% | 4.75% | 6.60% | 3.16% | 2.66% | 2.11% | 3.39% |
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 0.93, IYE 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 0.42% for IYE.
IYE has the higher dividend yield at 2.13%, compared with 0.13% for PBOG.
IYE is categorized as Energy Equities, while PBOG is Oil & Gas. IYE tracks Dow Jones U.S. Oil & Gas Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: iShares and Portfolio Building Blocks. Their fees differ too: 0.42% for IYE and 0.13% for PBOG.
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