PBOG vs. RSPG

Last updated Jun 4, 2026

PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and RSPG (Invesco S&P 500 Equal Weight Energy ETF) are both exchange-traded funds - PBOG is a Oil & Gas fund tracking the BITA Global Oil & Gas Select Index, while RSPG is a Energy Equities fund tracking the S&P 500 Equal Weight Energy Plus Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. PBOG charges 0.13%/yr vs 0.40%/yr for RSPG.

Performance

PBOG vs. RSPG - 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 Invesco S&P 500 Equal Weight Energy ETF (RSPG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PBOG achieves a 32.22% return, which is significantly lower than RSPG's 34.27% return.

PBOG

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

RSPG

• 1D: 1.25%
• 1M: -2.65%
• YTD: 34.27%
• 6M: 28.95%
• 1Y: 47.49%
• 3Y*: 19.93%
• 5Y*: 21.10%
• 10Y*: 9.73%

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

PBOG vs. RSPG - Yearly Performance Comparison

	2026 (YTD)	2025
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	32.22%	1.62%
RSPG Invesco S&P 500 Equal Weight Energy ETF	34.27%	0.59%

Correlation

The correlation between PBOG and RSPG is 0.91, 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	0.91

Return for Risk

PBOG vs. RSPG — Risk / Return Rank

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

RSPG

RSPG Risk / Return Rank: 64
RSPG Sharpe Ratio Rank: 65
RSPG Sortino Ratio Rank: 58
RSPG Omega Ratio Rank: 56
RSPG Calmar Ratio Rank: 77
RSPG Martin Ratio Rank: 63

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. RSPG - 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 Invesco S&P 500 Equal Weight Energy ETF (RSPG). 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	RSPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.20	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.31	0.18	+3.13

Drawdowns

PBOG vs. RSPG - Drawdown Comparison

The maximum PBOG drawdown since its inception was -11.45%, smaller than the maximum RSPG drawdown of -79.98%. Use the drawdown chart below to compare losses from any high point for PBOG and RSPG.

Drawdown Indicators

	PBOG	RSPG	Difference
Max Drawdown Largest peak-to-trough decline	-11.45%	-79.98%	+68.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.17%	—
Current Drawdown Current decline from peak	-6.81%	-5.67%	-1.14%
Average Drawdown Average peak-to-trough decline	-3.10%	-25.47%	+22.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.11%	—

Volatility

Volatility by Period

	PBOG	RSPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.67%	21.69%	+1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.67%	28.31%	-4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	33.57%	-9.90%

PBOG vs. RSPG - Expense Ratio Comparison

PBOG has a 0.13% expense ratio, which is lower than RSPG's 0.40% expense ratio.

Dividends

PBOG vs. RSPG - Dividend Comparison

PBOG's dividend yield for the trailing twelve months is around 0.13%, less than RSPG's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
RSPG Invesco S&P 500 Equal Weight Energy ETF	1.94%	2.60%	2.43%	2.84%	3.43%	2.37%	3.15%	2.15%	2.18%	2.55%	1.14%	2.80%

Frequently Asked Questions

Can I hold both PBOG and RSPG in my portfolio?

With a correlation of 0.91, PBOG and RSPG 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 RSPG?

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 RSPG?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.40% for RSPG.

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

RSPG has the higher dividend yield at 1.94%, compared with 0.13% for PBOG.

What is the main difference between PBOG and RSPG?

PBOG is categorized as Oil & Gas, while RSPG is Energy Equities. PBOG tracks BITA Global Oil & Gas Select Index, while RSPG tracks S&P 500 Equal Weight Energy Plus Index. They also come from different issuers: Portfolio Building Blocks and Invesco. Their fees differ too: 0.13% for PBOG and 0.40% for RSPG.