OIH vs. PBOG
OIH (VanEck Oil Services ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds - OIH tracks the MVIS US Listed Oil Services 25 Index while PBOG tracks the BITA Global Oil & Gas Select Index. Both are passively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. OIH charges 0.35%/yr vs 0.13%/yr for PBOG.
Performance
OIH vs. PBOG - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with OIH having a 34.19% return and PBOG slightly lower at 33.10%.
OIH
- 1D
- -0.70%
- 1M
- 6.27%
- 6M
- 9.53%
- YTD
- 34.19%
- 1Y
- 65.42%
- 3Y*
- 5.59%
- 5Y*
- 18.06%
- 10Y*
- -2.24%
- ALL TIME*
- -0.07%
PBOG
- 1D
- -1.41%
- 1M
- 14.41%
- 6M
- 21.05%
- YTD
- 33.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $100.78M | $109.60M | $140.77M | |
| $1.29M | $1.24M | $2.88M |
OIH vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OIH VanEck Oil Services ETF | 34.19% | 2.51% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 33.10% | 1.39% |
Correlation
The correlation between OIH and PBOG is 0.61, 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 | 0.61 |
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Return for Risk
OIH vs. PBOG — Risk / Return Rank
OIH
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OIH vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Services ETF (OIH) 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.
| OIH | PBOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | — | — |
| Martin ratioReturn relative to average drawdown | 9.62 | — | — |
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Drawdowns
OIH vs. PBOG - Drawdown Comparison
The maximum OIH drawdown since its inception was -94.45%, which is greater than PBOG's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for OIH and PBOG.
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Drawdown Indicators
| OIH | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.45% | -19.24% | -75.21% |
Max Drawdown (1Y)Largest decline over 1 year | -20.78% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -43.80% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.80% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.62% | — | — |
Current DrawdownCurrent decline from peak | -65.97% | -6.19% | -59.78% |
Average DrawdownAverage peak-to-trough decline | -48.94% | -5.22% | -43.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.82% | — | — |
Volatility
OIH vs. PBOG - Volatility Comparison
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Volatility by Period
| OIH | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.96% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.39% | 24.22% | +5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.47% | 24.22% | +12.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.31% | 24.22% | +18.09% |
OIH vs. PBOG - Expense Ratio Comparison
OIH has a 0.35% expense ratio, which is higher than PBOG's 0.13% expense ratio.
Dividends
OIH vs. PBOG - Dividend Comparison
OIH's dividend yield for the trailing twelve months is around 1.27%, more than PBOG's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIH VanEck Oil Services ETF | 1.27% | 1.71% | 2.01% | 1.36% | 0.95% | 0.98% | 1.23% | 2.10% | 2.13% | 2.60% | 1.40% | 2.39% |
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
OIH and PBOG have a correlation of 0.61, 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 0.35% for OIH.
OIH has the higher dividend yield at 1.27%, compared with 0.13% for PBOG.
OIH tracks MVIS US Listed Oil Services 25 Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: VanEck and Portfolio Building Block. Their fees differ too: 0.35% for OIH and 0.13% for PBOG.
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