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IEZ vs PBOG

iShares U.S. Oil Equipment & Services ETF

IEZCNYSE Arca

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

PBOGBNasdaq

Overlap

Expense ratio

PBOG −0.24pt a year

IEZ0.37%PBOG0.13%

Avg volume · 30D

IEZ 5.4×the volume

IEZ395KPBOG73.2K

IEZ vs PBOG Performance

Dec 31, 2025 – Oct 30, 2026

+36.9%IEZ+56.3%PBOG

Dec 31, 2025 to Oct 30, 2026. IEZ +36.9%. PBOG +56.3%. Use the arrow keys to read each point.0%10%20%30%50%Dec 2025Jun 2026Oct 2026
Expense ratio
IEZ 0.37%
PBOG 0.13%, better
Fund size
IEZ $402M
PBOG $520M
1Y total return
IEZ +40.0%
PBOG No data
Yield (12M)
IEZ 1.16%
PBOG No data
Holdings
IEZ 34
PBOG 38
Avg volume (30D)
IEZ 395K sh, better
PBOG 73.2K sh
NAV per share
IEZ $28.34
PBOG $38.72
52W range

ETF.net Grade

IEZ: Cost 60, Risk 18, Mission 38, Tradability 63, Holdings 21, Durability 59. PBOG: Cost 94, Risk 50, Mission not scored, Tradability 33, Holdings 22, Durability 23.
Pillar letters and Scores for IEZ, PBOG, with each pillar’s weight
PillarIEZPBOG
Cost30% weightB60A94Higher
Mission25% weightD38Not scored
Risk15% weightF18C50Higher
Tradability15% weightB63HigherD33
Holdings10% weightF21F22Higher
Durability5% weightB59HigherF23

Rank among Oil & Gas Producers funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IEZ 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 ›

PBOG ranks 5th and IEZ 7th of 10 funds in the Oil & Gas Producers Category.

  1. Rank 4BIEOiShares U.S. Oil & Gas Exploration & Production ETFScore 59
  2. Rank 5BPBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETFScore 58
  3. Rank 6CTPYPTortoise North American Pipeline ETFScore 51
  4. Rank 7CIEZiShares U.S. Oil Equipment & Services ETFScore 44
  5. Rank 8DPXEInvesco Energy Exploration & Production ETFScore 37

Our read on each fund

ETF.net Research

IEZCiShares U.S. Oil Equipment & Services ETF

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

In short

IEZ The picks-and-shovels corner of energy. IEZ owns the US equipment makers, drillers and service contractors that get paid when oil companies spend, rather than the producers pumping the barrels. Roughly 30 names, running since 2006.

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

IEZ The fund seeks to follow an index of U.S. companies operating in the oil equipment and services sector.

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

Why people hold it

  • IEZ Owns the service side of oil rather than the barrels: the index tracks US oil equipment and services companies, so the integrated majors most energy funds lean on sit outside it.ishares.com
  • Live since 2006 under the iShares roof, with a multi-hundred-million-dollar asset base and active daily trading.
  • Costs 0.37% a year, level with the typical fund in this energy cohort, and distributes quarterly.
  • 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

  • IEZ About 30 stocks in one cyclical niche. Service and equipment revenue follows drilling budgets, so swings tend to run sharper than a broad energy fund's.
  • Cheaper doors exist in the same cohort: OIH at 0.35% and PBOG at 0.13%, though each tracks a different slice of energy.
  • On our overall read it lands in the lower half of its energy peer group, where several rivals chase similar ground under different index rules.
  • 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 IEZ profile⁠

Full PBOG profile⁠

IEZ vs 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.

IEZ vs PBOG Cost

Overpaying IEZ vs PBOG

$4,787

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

  • IEZ 0.37%

    $7,513

  • PBOG 0.13%

    $2,726

$10,000
30 years

Cost over time

  • IEZ 0.37%
  • PBOG 0.13%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530IEZ $7,513PBOG $2,726

Year by year

YearIEZPBOGOverpaying
10$670$238$432
20$2,590$930$1,660
30$7,513$2,726$4,787

Expense ratio

  • 0.37%IEZ
  • 0.13%PBOG, cheaper
  • Middle half of Oil & Gas Producers funds
  • Median 0.39%

PBOG cheapest of 10 funds

IEZ 4th cheapest of 10 funds

IEZ vs PBOG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IEZ 1.16%
PBOG No data
Payout (12M)
IEZ $0.33
PBOG No data
Last payment
IEZ $0.10
PBOG $0.04
Ex-dividend
IEZ Sep 15, 2026
PBOG Dec 24, 2025
Paid on
IEZ Sep 18, 2026
PBOG Dec 26, 2025
Frequency
IEZ Quarterly
PBOG Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

IEZQuarterly · 39 paymentsAll IEZ payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.08; Jun 27, 2017 $0.08; Sep 26, 2017 $0.98; Dec 19, 2017 $0.09; Mar 22, 2018 $0.11; Jun 26, 2018 $0.09; Sep 26, 2018 $0.09; Dec 17, 2018 $0.09; Mar 20, 2019 $0.11; Jun 17, 2019 $0.11; Sep 24, 2019 $0.12; Dec 16, 2019 $0.12; Mar 25, 2020 $0.12; Jun 15, 2020 $0.03; Sep 23, 2020 $0.06; Dec 14, 2020 $0.03; Mar 25, 2021 $0.08; Jun 10, 2021 $0.02; Sep 24, 2021 $0.02; Dec 13, 2021 $0.03; Mar 24, 2022 $0.03; Jun 9, 2022 $0.04; Sep 26, 2022 $0.04; Dec 13, 2022 $0.04; Mar 23, 2023 $0.07; Jun 7, 2023 $0.01; Sep 26, 2023 $0.07; Dec 20, 2023 $0.06; Mar 21, 2024 $0.09; Jun 11, 2024 $0.09; Sep 25, 2024 $0.09; Dec 17, 2024 $0.08; Mar 18, 2025 $0.09; Jun 16, 2025 $0.10; Sep 16, 2025 $0.11; Dec 16, 2025 $0.08; Mar 17, 2026 $0.06; Jun 15, 2026 $0.09; Sep 15, 2026 $0.10. Use the arrow keys to read each point.$0$12017202020232026YTD
PBOGIrregular · 1 paymentAll PBOG payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Dec 24, 2025 $0.04. Use the arrow keys to read each point.$0$12017202020232026YTD

IEZ vs PBOG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IEZ 29.5%PBOG No data
Return per unit of riskSharpe ratio, 3 years
IEZ 0.30PBOG No data
Worst fallMax drawdown, 5 years
IEZ −40.2%PBOG No data
Market sensitivityBeta, 5 years
IEZ 0.73PBOG −1.00

IEZ and PBOG in the news

All news⁠

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