VNIE vs. IEO
VNIE (Vontobel International Equity Active ETF) and IEO (iShares U.S. Oil & Gas Exploration & Production ETF) are both exchange-traded funds - VNIE is a Foreign Large Cap Equities fund actively managed by Vontobel, while IEO is a Energy Equities fund tracking the Dow Jones U.S. Select Oil Exploration & Production Index. VNIE is actively managed, while IEO is passively managed. Over the past year, VNIE returned -2.11% vs 36.73% for IEO. At a correlation of -0.15, they often move in opposite directions. VNIE charges 0.60%/yr vs 0.42%/yr for IEO.
Performance
VNIE vs. IEO - Performance Comparison
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Returns By Period
In the year-to-date period, VNIE achieves a 1.52% return, which is significantly lower than IEO's 30.74% return.
VNIE
- 1D
- -3.53%
- 1M
- -4.28%
- YTD
- 1.52%
- 6M
- 2.99%
- 1Y
- -2.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IEO
- 1D
- -2.60%
- 1M
- 1.95%
- YTD
- 30.74%
- 6M
- 22.30%
- 1Y
- 36.73%
- 3Y*
- 14.92%
- 5Y*
- 18.27%
- 10Y*
- 9.53%
VNIE vs. IEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VNIE Vontobel International Equity Active ETF | 1.52% | -1.46% |
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 30.74% | 1.22% |
Correlation
The correlation between VNIE and IEO is -0.15, 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 (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since May 16, 2025 | -0.15 |
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Return for Risk
VNIE vs. IEO — Risk / Return Rank
VNIE
IEO
VNIE vs. IEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vontobel International Equity Active ETF (VNIE) 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.
| VNIE | IEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.26 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 2.79 | -2.96 |
| Martin ratioReturn relative to average drawdown | -0.44 | 7.47 | -7.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VNIE | IEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 1.59 | -1.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.16 | -0.16 |
Drawdowns
VNIE vs. IEO - Drawdown Comparison
The maximum VNIE drawdown since its inception was -13.11%, smaller than the maximum IEO drawdown of -79.17%. Use the drawdown chart below to compare losses from any high point for VNIE and IEO.
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Drawdown Indicators
| VNIE | IEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.11% | -79.17% | +66.06% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -14.30% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.00% | — |
Current DrawdownCurrent decline from peak | -6.78% | -9.95% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -26.27% | +22.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.15% | 5.33% | -0.18% |
Volatility
VNIE vs. IEO - Volatility Comparison
The current volatility for Vontobel International Equity Active ETF (VNIE) is 6.43%, while iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a volatility of 7.99%. This indicates that VNIE experiences smaller price fluctuations and is considered to be less risky than IEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VNIE | IEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 7.99% | -1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 14.17% | 19.88% | -5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.79% | 25.13% | -9.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 30.55% | -15.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 35.00% | -19.47% |
VNIE vs. IEO - Expense Ratio Comparison
VNIE has a 0.60% expense ratio, which is higher than IEO's 0.42% expense ratio.
Dividends
VNIE vs. IEO - Dividend Comparison
VNIE's dividend yield for the trailing twelve months is around 0.32%, less than IEO's 2.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 2.02% | 2.61% | 2.63% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% |
VNIE Vontobel International Equity Active ETF | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VNIE and IEO have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IEO has higher volatility (7.99%) compared to VNIE (6.43%). In terms of maximum drawdown, VNIE dropped -13.11% vs IEO's -79.17%.
On 1-year performance, IEO leads with 36.73% vs -2.11% for VNIE. On fees, IEO is cheaper at 0.42% per year. On volatility, VNIE has been the lower-risk option at 6.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IEO has performed better with a 36.73% return vs -2.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IEO is cheaper with a 0.42% expense ratio, compared with 0.60% for VNIE.
IEO has the higher dividend yield at 2.02%, compared with 0.32% for VNIE.
VNIE is categorized as Foreign Large Cap Equities, while IEO is Energy Equities. They also come from different issuers: Vontobel and iShares. Their fees differ too: 0.60% for VNIE and 0.42% for IEO.
IEO currently has the higher Sharpe Ratio (1.59 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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