FTXN vs PBOG: Grades, Fees and Holdings Compared

First Trust Nasdaq Oil & Gas ETF

FTXNBNasdaq

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

PBOGBNasdaq

Overlap

36.5%by weight

Expense ratio

PBOG −0.47pt a year

FTXN0.60%PBOG0.13%

Avg volume · 30D

FTXN 7.6×the volume

FTXN556KPBOG73.2K

FTXN vs PBOG Performance

Dec 31, 2025 – Oct 30, 2026

+57.8%FTXN+56.3%PBOG

Expense ratio: FTXN 0.60%; PBOG 0.13%, better
Fund size: FTXN $1.23B; PBOG $520M
1Y total return: FTXN +61.9%; PBOG No data
Yield (12M): FTXN 1.65%; PBOG No data
Holdings: FTXN 50; PBOG 38
Avg volume (30D): FTXN 556K sh, better; PBOG 73.2K sh
NAV per share: FTXN $43.46; PBOG $38.72
52W range

ETF.net Grade

Pillar letters and Scores for FTXN, PBOG, with each pillar’s weight
Pillar	FTXN	PBOG
Cost30% weight	D34	A94Higher
Mission25% weight	A73	Not scored
Risk15% weight	B58Higher	C50
Tradability15% weight	A81Higher	D33
Holdings10% weight	A76Higher	F22
Durability5% weight	A72Higher	F23

Rank among Oil & Gas Producers funds

How we build Categories ›

Same Category. FTXN and PBOG are both graded against the same 10 Oil & Gas Producers funds, so their Grades compare head to head.

Oil & Gas Producers⁠

Category · 10 funds

See all 10 ›

FTXN ranks 2nd and PBOG 5th of 10 funds in the Oil & Gas Producers Category.

Rank 1AXOPState Street SPDR S&P Oil & Gas Exploration & Production ETFScore 73
Rank 2BFTXNFirst Trust Nasdaq Oil & Gas ETFScore 60
Rank 2BOIHVanEck Oil Services ETFScore 60
Rank 4BIEOiShares U.S. Oil & Gas Exploration & Production ETFScore 59
Rank 5BPBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETFScore 58
Rank 6CTPYPTortoise North American Pipeline ETFScore 51

Our read on each fund

ETF.net Research

FTXNBFirst Trust Nasdaq Oil & Gas ETF

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

In short

FTXN Most oil and gas ETFs just hand you the biggest drillers by size. FTXN screens the US oil and gas patch on factor signals instead, holding about 40 names weighted by those scores. A rules-based tilt on a famously cyclical sector.

PBOG Oil 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

FTXN The Fund seeks to track the performance of the Nasdaq US Smart Oil & Gas Index before fees and expenses through an indexing strategy.

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

Why people hold it

FTXN The "Smart" in the index name is literal: holdings are selected and sized by factor ranking, not market cap alone, so the largest producer doesn't automatically get the largest slot.ftportfolios.com
About 40 holdings, all oil and gas. No utilities, no renewables filler, no diluting the theme you actually came for.ftportfolios.com
Running since 2016 and it sticks tightly to the Nasdaq index it names in its prospectus. What the documents promise is what the portfolio delivers.
Trades actively for a niche sector fund, so getting in and out is rarely the hard part.

PBOG Charges 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.
Covers 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.
Pulled 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

FTXN 0.60% a year is the price of the factor machinery. Plain cap-weighted rivals like XOP (0.35%) and IEO (0.37%) charge roughly half that for the same corner of the market.
Concentrated, single-sector equity: the ride tends to follow the price of the barrel, with no defensive ballast when energy turns.
A mid-sized fund, not one of the category's household-name giants, and it pays distributions quarterly rather than monthly.

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

Full FTXN profile⁠

Full PBOG profile⁠

FTXN vs PBOG Holdings

How FTXN and PBOG differ

Overlap by weight

36.5%

Shared holdings make up 51.4% of PBOG and 46.4% of FTXN.

Level by level

Holdings12 in both36.5%
Countryby domicile55.8%
Asset classEquity100%

Sector

No Sector split for PBOG.

Country, concentration and asset class

Country by domicile

Country weights in FTXN and PBOG, widest gap first
Country	More in FTXNMore in PBOG	FTXN	PBOG
United States	FTXN +44.2 points	100.0%	55.8%
Canada	PBOG +14.0 points	0.0%	14.0%
United Kingdom	PBOG +12.3 points	0.0%	12.3%
France	PBOG +4.8 points	0.0%	4.8%
Australia	PBOG +3.3 points	0.0%	3.3%
Italy	PBOG +3.1 points	0.0%	3.1%
Norway	PBOG +2.7 points	0.0%	2.7%
Spain	PBOG +1.8 points	0.0%	1.8%
Other countries (3)	PBOG +2.3 points	0.0%	2.3%

Outside the US: PBOG 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

FTXN56.3%
PBOG68.8%

Securities held

FTXN49
PBOG33

Asset class

FTXN: Equity
PBOG: Equity

Holdings

Only in FTXN37
In both12
Only in PBOG21

Only in FTXN

37 securities, 53.5% of FTXN by weight

Marathon Petroleum Corporation7.54%
Valero Energy Corporation3.92%
Phillips 663.89%
Occidental Petroleum Corporation3.75%
Kinder Morgan, Inc.2.75%
Cheniere Energy, Inc.2.59%
Venture Global, Inc. (Class A)2.58%
ONEOK, Inc.2.37%
The Williams Companies, Inc.2.26%
SLB Ltd.2.13%
Expand Energy Corporation1.97%
Targa Resources Corp.1.72%
Baker Hughes Company (Class A)1.41%
HF Sinclair Corp.1.18%
SM Energy Company1.10%
Chord Energy Corporation1.04%
Matador Resources Company1.03%
Halliburton Company1.02%
Crescent Energy Company0.71%
PBF Energy Inc.0.68%
Range Resources Corporation0.66%
CVR Energy, Inc.0.64%
CNX Resources Corporation0.47%
Select Water Solutions, Inc. (Class A)0.47%
Archrock, Inc.0.46%
Delek US Holdings, Inc.0.46%
Calumet, Inc.0.46%
Magnolia Oil & Gas Corporation (Class A)0.45%
Helmerich & Payne, Inc.0.45%
Antero Midstream Corp.0.44%
Par Pacific Holdings, Inc.0.44%
Tidewater Inc.0.43%
Cactus, Inc. (Class A)0.43%
Gulfport Energy Corporation0.43%
Weatherford International Plc0.43%
NOV Inc.0.42%
Oceaneering International, Inc.0.36%

Only in PBOG

21 securities, 48.4% of PBOG by weight

Shell PLC7.58%
Totalenergies SE4.83%
Suncor Energy Inc4.66%
Bp PLC4.66%
Canadian Natural Resources4.44%
Occidental Petroleum Corp3.33%
Eni Spa3.11%
Woodside Energy Group Ltd2.21%
Cenovus Energy Inc2.14%
Repsol SA1.78%
Equinor Asa1.73%
Inpex Corp1.18%
Santos Ltd1.07%
Imperial Oil Ltd0.99%
Tourmaline Oil Corp0.91%
Expand Energy Corp0.90%
Whitecap Resources Inc0.86%
Aker Bp Asa0.65%
Omv AG0.59%
Galp Energia Sgps SA0.49%
Var Energi Asa0.27%

Weight gaps

All 12 Holdings in both funds, largest gap first.

Holding weights in FTXN and PBOG, widest gap first
Holding	More in FTXNMore in PBOG	FTXN	PBOG
ExxonMobil Holdings Corp.XOM	PBOG +10.66 points	8.19%	18.85%
ConocoPhillipsCOP	FTXN +3.61 points	8.18%	4.57%
Chevron CorporationCVX	PBOG +3.48 points	8.04%	11.52%
APA CorporationAPA	FTXN +1.16 points	2.11%	0.95%
EOG Resources, Inc.EOG	FTXN +1.15 points	5.56%	4.41%
Permian Resources Corp.PR	FTXN +0.83 points	1.67%	0.84%
Ovintiv Inc.OVV	FTXN +0.83 points	1.84%	1.01%
Diamondback Energy, Inc.FANG	FTXN +0.78 points	3.73%	2.95%
Texas Pacific Land CorporationTPL	PBOG +0.78 points	0.41%	1.19%
EQT CorporationEQT	FTXN +0.73 points	2.40%	1.67%
Devon Energy CorporationDVN	FTXN +0.56 points	3.46%	2.90%
Antero Resources CorporationAR	FTXN +0.20 points	0.80%	0.60%

All 49 FTXN holdings⁠All PBOG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTXN vs PBOG Cost

Overpaying FTXN vs PBOG

$9,091

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FTXN 0.60%
$11,817
PBOG 0.13%
$2,726

Amount$10,000

Years30 years

Cost over time

FTXN 0.60%
PBOG 0.13%
Overpaying

Year by year

Year	FTXN	PBOG	Overpaying
10	$1,076	$238	$838
20	$4,116	$930	$3,186
30	$11,817	$2,726	$9,091

Expense ratio

0.60%FTXN
0.13%PBOG, cheaper

PBOG0.13%FTXN0.60%

0.13%1.72%

Middle half of Oil & Gas Producers funds
Median 0.39%

PBOG cheapest of 10 funds

FTXN 7th cheapest of 10 funds

FTXN vs PBOG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FTXN 1.65%; PBOG No data
Payout (12M): FTXN $0.72; PBOG No data
Last payment: FTXN $0.24; PBOG $0.04
Ex-dividend: FTXN Sep 24, 2026; PBOG Dec 24, 2025
Paid on: FTXN Sep 30, 2026; PBOG Dec 26, 2025
Frequency: FTXN Quarterly; PBOG Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

FTXNQuarterly · 39 paymentsAll FTXN payments⁠

PBOGIrregular · 1 paymentAll PBOG payments⁠

FTXN vs PBOG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FTXN 22.9%PBOG No data
Return per unit of riskSharpe ratio, 3 years: FTXN 0.61PBOG No data
Worst fallMax drawdown, 5 years: FTXN −30.0%PBOG No data
Market sensitivityBeta, 5 years: FTXN −0.05PBOG −1.00; Market = 1

FTXN and PBOG in the news

All news⁠

Top Movers
Tanker ETF gains 8.4% as crude falls
Sep 16, 2026FTXNPBOG

Popular comparisons

FTXNBvsXOPA
First Trust Nasdaq Oil & Gas ETF · State Street SPDR S&P Oil & Gas Exploration & Production ETF
Expense ratio
0.60% · 0.35%
Category
PBOGBvsXOPA
Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF · State Street SPDR S&P Oil & Gas Exploration & Production ETF
Expense ratio
0.13% · 0.35%
Category
FTXNBvsOIHB
First Trust Nasdaq Oil & Gas ETF · VanEck Oil Services ETF
Expense ratio
0.60% · 0.35%
Category
PBOGBvsOIHB
Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF · VanEck Oil Services ETF
Expense ratio
0.13% · 0.35%
Category
FTXNBvsIEOB
First Trust Nasdaq Oil & Gas ETF · iShares U.S. Oil & Gas Exploration & Production ETF
Expense ratio
0.60% · 0.37%
Category
PBOGBvsIEOB
Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF · iShares U.S. Oil & Gas Exploration & Production ETF
Expense ratio
0.13% · 0.37%
Category

FTXN vs PBOG

In short

Stated mandate

Why people hold it

Worth knowing

How FTXN and PBOG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FTXN

Only in PBOG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Tanker ETF gains 8.4% as crude falls

How FTXN and PBOG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FTXN

Only in PBOG

Weight gaps