VDE vs. PBOG
VDE (Vanguard Energy ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds - VDE tracks the MSCI US Investable Market Energy 25/50 Index while PBOG tracks the BITA Global Oil & Gas Select Index. Both are passively managed. Their correlation of 0.94 means they have usually moved in the same direction. VDE charges 0.09%/yr vs 0.13%/yr for PBOG.
Performance
VDE vs. PBOG - Performance Comparison
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Returns By Period
In the year-to-date period, VDE achieves a 32.88% return, which is significantly higher than PBOG's 31.21% return.
VDE
- 1D
- -0.37%
- 1M
- 9.84%
- 6M
- 15.00%
- YTD
- 32.88%
- 1Y
- 41.79%
- 3Y*
- 14.18%
- 5Y*
- 23.47%
- 10Y*
- 9.60%
- ALL TIME*
- 8.25%
PBOG
- 1D
- -1.42%
- 1M
- 12.79%
- 6M
- 16.27%
- YTD
- 31.21%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.26M | $1.22M | $2.87M | |
| $78.09M | $74.66M | $108.47M |
VDE vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VDE Vanguard Energy ETF | 32.88% | 1.04% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 31.21% | 1.39% |
Correlation
The correlation between VDE and PBOG is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.94 |
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Return for Risk
VDE vs. PBOG — Risk / Return Rank
VDE
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VDE vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Energy ETF (VDE) 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.
| VDE | PBOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | — | — |
| Martin ratioReturn relative to average drawdown | 7.50 | — | — |
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Drawdowns
VDE vs. PBOG - Drawdown Comparison
The maximum VDE drawdown since its inception was -74.20%, which is greater than PBOG's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for VDE and PBOG.
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Drawdown Indicators
| VDE | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.20% | -19.24% | -54.96% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -69.29% | — | — |
Current DrawdownCurrent decline from peak | -5.98% | -7.52% | +1.54% |
Average DrawdownAverage peak-to-trough decline | -19.88% | -5.23% | -14.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | — | — |
Volatility
VDE vs. PBOG - Volatility Comparison
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Volatility by Period
| VDE | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.28% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.59% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.89% | 24.22% | -3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.11% | 24.22% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.91% | 24.22% | +5.69% |
VDE vs. PBOG - Expense Ratio Comparison
VDE has a 0.09% expense ratio, which is lower than PBOG's 0.13% 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
VDE vs. PBOG - Dividend Comparison
VDE's dividend yield for the trailing twelve months is around 2.44%, more than PBOG's 0.13% 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% |
VDE Vanguard Energy ETF | 2.44% | 3.11% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.42% | 3.35% | 2.90% | 2.31% | 3.17% |
Frequently Asked Questions
With a correlation of 0.94, VDE and PBOG 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.
On fees, VDE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VDE is cheaper with a 0.09% expense ratio, compared with 0.13% for PBOG.
VDE has the higher dividend yield at 2.44%, compared with 0.13% for PBOG.
VDE tracks MSCI US Investable Market Energy 25/50 Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: Vanguard and Portfolio Building Block. Their fees differ too: 0.09% for VDE and 0.13% for PBOG.
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