PBOG vs. FTXN

Last updated Jun 4, 2026

PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and FTXN (First Trust Nasdaq Oil & Gas ETF) are both exchange-traded funds - PBOG is a Oil & Gas fund tracking the BITA Global Oil & Gas Select Index, while FTXN is a Energy Equities fund tracking the Nasdaq U.S. Smart Oil & Gas Index. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. PBOG charges 0.13%/yr vs 0.60%/yr for FTXN.

Performance

PBOG vs. FTXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) and First Trust Nasdaq Oil & Gas ETF (FTXN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PBOG having a 32.22% return and FTXN slightly higher at 32.57%.

PBOG

• 1D: 1.23%
• 1M: -2.32%
• YTD: 32.22%
• 6M: 29.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTXN

• 1D: 1.25%
• 1M: -3.04%
• YTD: 32.57%
• 6M: 28.04%
• 1Y: 39.70%
• 3Y*: 15.68%
• 5Y*: 17.73%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PBOG vs. FTXN - Yearly Performance Comparison

	2026 (YTD)	2025
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	32.22%	1.62%
FTXN First Trust Nasdaq Oil & Gas ETF	32.57%	1.03%

Correlation

The correlation between PBOG and FTXN is 0.94, 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	0.94

Return for Risk

PBOG vs. FTXN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTXN

FTXN Risk / Return Rank: 50
FTXN Sharpe Ratio Rank: 50
FTXN Sortino Ratio Rank: 46
FTXN Omega Ratio Rank: 44
FTXN Calmar Ratio Rank: 60
FTXN Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PBOG vs. FTXN - 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 First Trust Nasdaq Oil & Gas ETF (FTXN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PBOG	FTXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.74	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.31	0.28	+3.03

Drawdowns

PBOG vs. FTXN - Drawdown Comparison

The maximum PBOG drawdown since its inception was -11.45%, smaller than the maximum FTXN drawdown of -73.49%. Use the drawdown chart below to compare losses from any high point for PBOG and FTXN.

Drawdown Indicators

	PBOG	FTXN	Difference
Max Drawdown Largest peak-to-trough decline	-11.45%	-73.49%	+62.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.97%	—
Current Drawdown Current decline from peak	-6.81%	-7.47%	+0.66%
Average Drawdown Average peak-to-trough decline	-3.10%	-19.24%	+16.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.84%	—

Volatility

Volatility by Period

	PBOG	FTXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.67%	22.98%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.67%	29.67%	-6.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	31.80%	-8.13%

PBOG vs. FTXN - Expense Ratio Comparison

PBOG has a 0.13% expense ratio, which is lower than FTXN's 0.60% expense ratio.

Dividends

PBOG vs. FTXN - Dividend Comparison

PBOG's dividend yield for the trailing twelve months is around 0.13%, less than FTXN's 2.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXN First Trust Nasdaq Oil & Gas ETF	2.04%	2.83%	2.51%	3.41%	2.26%	1.04%	1.76%	2.72%	2.16%	1.78%	0.20%
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%

Frequently Asked Questions

Can I hold both PBOG and FTXN in my portfolio?

With a correlation of 0.94, PBOG and FTXN 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.

Which ETF is better, PBOG or FTXN?

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.

Which ETF is cheaper, PBOG or FTXN?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.60% for FTXN.

Which ETF pays a higher dividend yield, PBOG or FTXN?

FTXN has the higher dividend yield at 2.04%, compared with 0.13% for PBOG.

What is the main difference between PBOG and FTXN?

PBOG is categorized as Oil & Gas, while FTXN is Energy Equities. PBOG tracks BITA Global Oil & Gas Select Index, while FTXN tracks Nasdaq U.S. Smart Oil & Gas Index. They also come from different issuers: Portfolio Building Blocks and First Trust. Their fees differ too: 0.13% for PBOG and 0.60% for FTXN.