PXD vs. IEO

Last updated Apr 1, 2026

Compare and contrast key facts about Pioneer Natural Resources Company (PXD) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO).

IEO is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Oil Exploration & Production Index. It was launched on May 5, 2006.

Performance

PXD vs. IEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Natural Resources Company (PXD) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). The values are adjusted to include any dividend payments, if applicable.

PXD vs. IEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXD Pioneer Natural Resources Company	0.00%	0.00%	21.21%	5.03%	39.10%	66.33%	-22.85%	16.08%	-23.77%	-3.96%
IEO iShares U.S. Oil & Gas Exploration & Production ETF	40.59%	2.15%	-1.45%	3.57%	57.82%	75.57%	-32.77%	9.63%	-19.44%	0.33%

Returns By Period

PXD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IEO

• 1D: -1.57%
• 1M: 15.77%
• YTD: 40.59%
• 6M: 36.46%
• 1Y: 35.31%
• 3Y*: 16.25%
• 5Y*: 23.38%
• 10Y*: 12.05%

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

Return for Risk

PXD vs. IEO — Risk / Return Rank

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

IEO

IEO Risk / Return Rank: 65
IEO Sharpe Ratio Rank: 68
IEO Sortino Ratio Rank: 65
IEO Omega Ratio Rank: 65
IEO Calmar Ratio Rank: 69
IEO Martin Ratio Rank: 56

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.

PXD vs. IEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Natural Resources Company (PXD) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). 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

	PXD	IEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.16	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.18	—

Correlation

The correlation between PXD and IEO is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PXD vs. IEO - Dividend Comparison

PXD has not paid dividends to shareholders, while IEO's dividend yield for the trailing twelve months is around 1.88%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PXD Pioneer Natural Resources Company	0.00%	0.00%	0.95%	6.21%	11.14%	3.76%	1.93%	0.79%	0.24%	0.05%	0.04%	0.06%
IEO iShares U.S. Oil & Gas Exploration & Production ETF	1.88%	2.61%	2.63%	3.00%	3.77%	2.62%	3.17%	1.85%	1.67%	0.94%	0.98%	2.03%

Drawdowns

Drawdown Indicators

	PXD	IEO	Difference
Max Drawdown Largest peak-to-trough decline	—	-79.17%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-21.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.00%	—
Current Drawdown Current decline from peak	—	-3.17%	—
Average Drawdown Average peak-to-trough decline	—	-26.43%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.06%	—

Volatility

Volatility by Period

	PXD	IEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	30.50%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	30.65%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	34.93%	—