PBOG vs. BEMB
PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and BEMB (Ishares J.P. Morgan Broad USD Emerging Markets Bond ETF) are both exchange-traded funds - PBOG is a Energy Equities fund tracking the BITA Global Oil & Gas Select Index, while BEMB is a Emerging Markets Bonds fund actively managed by iShares. PBOG is passively managed, while BEMB is actively managed. At a correlation of -0.43, they often move in opposite directions. PBOG charges 0.13%/yr vs 0.18%/yr for BEMB.
Performance
PBOG vs. BEMB - Performance Comparison
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Returns By Period
In the year-to-date period, PBOG achieves a 24.78% return, which is significantly higher than BEMB's 1.24% return.
PBOG
- 1D
- 0.16%
- 1M
- 1.84%
- 6M
- 20.36%
- YTD
- 24.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BEMB
- 1D
- -0.11%
- 1M
- -0.71%
- 6M
- 1.14%
- YTD
- 1.24%
- 1Y
- 7.92%
- 3Y*
- 7.96%
- 5Y*
- —
- 10Y*
- —
PBOG vs. BEMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 24.78% | 1.39% |
BEMB Ishares J.P. Morgan Broad USD Emerging Markets Bond ETF | 1.24% | 0.78% |
Correlation
The correlation between PBOG and BEMB is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | -0.43 |
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Return for Risk
PBOG vs. BEMB — Risk / Return Rank
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BEMB
PBOG vs. BEMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) and Ishares J.P. Morgan Broad USD Emerging Markets Bond ETF (BEMB). 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.
| PBOG | BEMB | 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 | — | 2.17 | — |
| Martin ratioReturn relative to average drawdown | — | 9.25 | — |
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Drawdowns
PBOG vs. BEMB - Drawdown Comparison
The maximum PBOG drawdown since its inception was -19.24%, which is greater than BEMB's maximum drawdown of -6.17%. Use the drawdown chart below to compare losses from any high point for PBOG and BEMB.
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Drawdown Indicators
| PBOG | BEMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.24% | -6.17% | -13.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.67% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.17% | — |
Current DrawdownCurrent decline from peak | -12.05% | -0.77% | -11.28% |
Average DrawdownAverage peak-to-trough decline | -5.05% | -0.92% | -4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.86% | — |
Volatility
PBOG vs. BEMB - Volatility Comparison
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Volatility by Period
| PBOG | BEMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.62% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.00% | 4.29% | +19.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.00% | 5.83% | +18.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.00% | 5.83% | +18.17% |
PBOG vs. BEMB - Expense Ratio Comparison
PBOG has a 0.13% expense ratio, which is lower than BEMB's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PBOG vs. BEMB - Dividend Comparison
PBOG's dividend yield for the trailing twelve months is around 0.14%, less than BEMB's 6.92% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BEMB Ishares J.P. Morgan Broad USD Emerging Markets Bond ETF | 6.92% | 6.88% | 6.31% | 5.46% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 0.14% | 0.17% | 0.00% | 0.00% |
Frequently Asked Questions
PBOG and BEMB have a correlation of -0.43, 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 0.18% for BEMB.
BEMB has the higher dividend yield at 6.92%, compared with 0.14% for PBOG.
PBOG is categorized as Energy Equities, while BEMB is Emerging Markets Bonds. They also come from different issuers: Portfolio Building Blocks and iShares. Their fees differ too: 0.13% for PBOG and 0.18% for BEMB.
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