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ETFs

iShares U.S. Oil & Gas Exploration & Production ETF

IEO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 01 2006
Expense Ratio
0.40%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$21,575,066
AUM
$887,711,094
Associated Index
Dow Jones US Select Oil Equipment & Services Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

COP
Conoco Phillips
19.54%
EOG
EOG Resources, Inc.
9.78%
MPC
Marathon Petroleum Corp
8.40%
PXD
Pioneer Natural Resources Co.
7.12%
VLO
Valero Energy Corp.
5.07%
PSX
Phillips 66
4.76%
HES
Hess Corporation
4.45%
FANG
Diamondback Energy Inc
4.30%
DVN
Devon Energy Corp.
4.07%
CTRA
Coterra Energy Inc
3.15%
Invest with IEO

What is IEO?

The iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Oil Exploration & Production Index.

ETFs related toIEO

ETFs correlated to IEO include FTXN, RSPG, PXE

IEO
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil & Gas Exploration & Production ETF
FTXN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Oil & Gas ETF
RSPG
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF
PXE
Invesco Capital Management LLC - Invesco Energy Exploration & Production ETF
OILU
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs
FXN
First Trust Exchange-Traded Fund III - First Trust Energy AlphaDEX Fund
GUSH
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
XOP
SPDR Series Trust - SPDR Oil & Gas Exploration and Production ETF
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF
VDE
Vanguard Group, Inc. - Vanguard Energy ETF
NRGU
Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIEO

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IEO using Composer

FAQ

IEO is a US Equities ETF. The iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Oil Exploration & Production Index.

IEO tracks the Dow Jones US Select Oil Equipment & Services Index.

No, IEO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IEO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IEO is 0.0216%. This is the percent change in the value of IEO over the most recent 1-month period. The 3-month return on IEO is 0.187%. This is the percent change in the value of IEO over the most recent 3-month period.

The standard deviation of IEO for the past year is 0.3142%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IEO include XLI, XLY, and XLV.

ETFs correlated to IEO include FTXN, RSPG, and PXE.

ETFs that are inversely correlated to IEO include OILD, NRGD, and DRIP.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.