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PBOG

GradeBNASDAQ Global Market

Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF

Sectors · Portfolio Building Block ETFs · Inception 2025-11-24

$34.95+0.52 (+1.51%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Nov 25, 2025.History starts Nov 25, 2025.
Intraday session: up, 29 prints from 34.43 to 34.95. Range 34.68 to 35.09. Use the arrow keys to read each point.$34.70$34.80$34.90$35.00$35.1010 AM12 PM2 PM4 PM
Expense ratio
0.13%
Fund size
$451M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0.1M sh
NAV per share
$34.69
52W range
low $24.37high $37.15

The ETF.net PBOG Grade

B

61/ 100

Rank 3 of 11 in Oil & Gas Producers⁠

Confidence Medium

Six-pillar profile for PBOG. Scores out of 100: Cost 95, Risk 51, Mission not scored, Tradability 45, Holdings 22, Durability 24. Strongest: Cost (95). Weakest: Holdings (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 95
    Category rank1/11 · top 9%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 51
    Category rank5/11 · top 45%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank6/11 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 22
    Category rank11/11 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 24
    Category rank11/11 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on PBOG

ETF.net Research

BOil majors and the wildcatters in one ticker for 0.13% a year. A late-2025 launch from a lineup designed as portfolio slices, and the cheapest door into this corner of energy among its peers.

Stated mandate

The Fund is an actively managed exchange-traded fund that seeks capital appreciation.

Why people hold it

  1. 01Charges 0.13% a year against a 0.37% median for its oil and gas peer group. The other top-ranked funds in that group (XOP, OIH, IXC, IEO) all charge 0.35% or more.
  2. 02Covers both sides of the barrel: integrated majors plus exploration and production names. XOP and IEO stay on the E&P side; OIH holds the service companies.
  3. 03Pulled in hundreds of millions of dollars within months of launch, one of three Portfolio Building Block ETFs Nasdaq began listing in November 2025.nasdaqtrader.com

Worth knowing

  1. 01Launched in November 2025, so the track record is thin and any read on its risk profile rests on a short window.
  2. 02One sector, one commodity. When crude drops, there is nothing else in the basket to cushion it.
  3. 03Volume is moderate rather than deep, so spreads can widen around the open and close. Limit orders earn their keep.

PBOG Holdings

As of Sep 20, 2026, 9:24 AM
Asset class
Stocks
Holdings
—
Top-10 weight
69%
Largest holding
XOM19.1%

Geography

  • United States63.19%
  • Canada16.96%
  • France6.50%
  • Italy3.58%
  • Norway3.28%
  • Spain2.35%
  • Japan1.44%
  • Australia1.27%
  • Other countries (2)1.43%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001XOMEXXONMOBIL HOLDINGS CORP19.15%555,033$91M501
002CVXCHEVRON CORP11.94%266,983$56M468
003—SHELL PLC7.92%786,103$37M3
004TTE.PATOTALENERGIES SE5.28%273,039$25M151
005COPCONOCOPHILLIPS4.59%163,224$22M425
006CNQ.TOCANADIAN NATURAL RESOURCES4.56%425,789$22M110
007SU.TOSUNCOR ENERGY INC4.30%292,652$20M114
008—BP PLC4.18%2,626,140$20M7
009EOGEOG RESOURCES INC4.03%130,984$19M397
010—OCCIDENTAL PETROLEUM CORP3.06%244,558$14M2
011EENI SPA2.91%498,203$14M24
012DVNDEVON ENERGY CORP2.91%282,308$14M353
013FANGDIAMONDBACK ENERGY INC2.87%69,018$14M352
014—WOODSIDE ENERGY GROUP LTD2.29%461,371$11M2
015CVE.TOCENOVUS ENERGY INC2.25%324,020$11M97

Showing 1–15 of 38 holdings

PBOG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PBOG$13,636
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. PBOG $13,636. SPY $11,430. Use the arrow keys to read each point.$8,863$11,981$15,099Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PBOG. Periods over one year show the average yearly return.
PeriodPBOG
Year to date+36.4%
1 month−4.2%
3 months+13.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PBOG
YearReturn barPBOG
2026 YTD+36.4%
2025+1.6%

History from Nov 25, 2025

PBOG in the news

PBOG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.04. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 26, 2025$0.04

PBOG Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−1.08
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PBOG Cost

Expense ratio0.13%
  • The middle half of Oil & Gas Producers funds
  • Median 0.39%

No Oil & Gas Producers fund charges less.

PBOG costs $13.00 a year on $10,000. The median Oil & Gas Producers fund costs $38.50.